Fast track residence procedure for the third-country nationals. Negligent minimal residence requirement – visit Cyprus once per 2 years. Residence applies to the entire family.
Amount
- Purchase of new property at a minimum of EUR 300,000;
AND
- Capital of minimum EUR 30,000 transferred to the Cyprus bank (this amount should be locked in this account for 3 years);
AND
- Proof of applicant’s annual income that should be at least EUR 30,000 (the income should increase by EUR 5,000 for each additional dependent child and by EUR 8,000 for each dependent parent).
Timeframe
Fast track application procedure within 2 months.
