A Category F Permanent Residence Permit (PRP) in Cyprus allows immediate family members to acquire permanent residency simultaneously with the applicant. The procedure of obtaining the permanent residency permit takes around two to three months. We are experienced in managing the application process and we offer bespoke real estate deals.


The benefits of permanent residence in Cyprus include:

  • The option of a second home for the holder
  • The right to lower university tuition fees in some European countries
  • The potential to acquire a Cyprus (EU) passport after 7 years


Applicants must:

  • Have a minimum overseas annual personal income of €30,000, including €5,000 for each of the applicant’s dependents
  • Purchase a residential property in Cyprus. If the purchase cost is over €300,000 then the Cyprus Authorities expedite PRP processing time to 2 months (otherwise 6-12 months). There must be proof of payment of at least 200.000 Eur excl. VAT; Under the fast track process, it is possible to buy two properties: this can be either (i) two houses (or apts), or, (ii) a house (or apt) + a shop up to 100 sqm, or, (iii) a house (or apt) + an office up to 250 sqm
  • Deposit €30,000 for three years in a Cyprus bank account

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