The Cyprus Permanent Residence Permit (PR) program offers non-EU nationals permanent residency within 2 months with a single, secure, real estate investment of \u20ac300,000. It applies to the investor, their spouse and dependent children up to age of 25.<\/p>\n
Permanent residency status means that your family has the right to live freely in Cyprus or continue to live in your country and just use the permit whenever you need it. It can act as an insurance policy for the future.<\/p>\n
Permit holders also have the right to own a business in Cyprus or setup a Cyprus company as an intermediary for export trading throughout the world, thus benefit from Cyprus\u2019 excellent business and tax advantages. Cyprus is a superb base for travelling throughout Europe with its excellent flight connections and visas are very easy and quick to obtain. A permit holder can obtain a Schengen visa within just one week. Travelling will become even easier when Cyprus becomes a Schengen State in the very near future. The island offers excellent education opportunities which enable your children access to the best universities worldwide. It also gives you the right to apply for EU citizenship after 7 years.<\/p>\n