Scroll Top

Fees

Single Applicant

Single Applicant

 

Minimum Investment

1) €300,000 purchase of a residential property in Cyprus; and

2) Deposit at least €30,000 into a Cypriot bank for a minimum three-year period; and

3) Evidence of secure annual income from abroad of at least €30,000

 

Administrative Fees

€500 for submission per applicant

€50 for biometric capturing per applicant

 

GIS Application Fee

€27,000

Applicant + spouse

Applicant + spouse

 

Minimum Investment

1) €300,000 purchase of a residential property in Cyprus; and

2) Deposit at least €30,000 into a Cypriot bank for a minimum three-year period; and

3) Evidence of secure annual income from abroad of at least €30,000

  • + €5,000 for spouse and dependent children per person
  • + €8,000 for each parent of the main applicant or their spouse
 

Administrative Fees

€500 for submission per applicant

€50 for biometric capturing per applicant

 

GIS Application Fee

€36,000

Family of 3 or more

Family of 3 or more

 

Minimum Investment

1) €300,000 purchase of a residential property in Cyprus; and

2) Deposit at least €30,000 into a Cypriot bank for a minimum three-year period; and

3) Evidence of secure annual income from abroad of at least €30,000

  • + €5,000 for spouse and dependent children per person
  • + €8,000 for each parent of the main applicant or their spouse
 

Administrative Fees

€500 for submission per applicant

€50 for biometric capturing per applicant

 

GIS Application Fee

€36,000 for applicant + spouse and €1,800 for each additional dependent

* These fees are subject to change.

* All fees quoted are in Euro (€).

Frequently asked questions (FAQ)

1. Why do investors want to obtain permanent residence in Cyprus?

Cyprus is a member of the European Union and strategically located between Europe, Asia and Africa. The living standard is high, crime rate is low and the island enjoys around 300 days of sunshine each year. A permanent residence holder can obtain easily visa to visit other EU countries. Moreover, after 5 years of having obtained the PR, the investor can under certain conditions apply for citizenship.

2. What type of investments qualify someone to apply for the PR?

The investment can only be on real estate. The investor can buy a residence or 2 residences or 1 residence and 1 office or 1 residence and 1 shop. The purchase price must be a minimum of 300.000 Euros.

3. Can I buy an empty plot of land without a residence?

No. Buying land does not allow the investor to apply for PR under the provisions of this category.

4. Can my spouse and children obtain the PR as well?

The spouse of the applicant and underage children can also obtain the PR. Adult children until the age of 25 can also apply for the PR if they are financially dependent on the applicant.

5. Are there any other requirements in order to obtain the PR?

The applicant for the PR, besides having to prove that he has indeed purchased real estate worth a minimum of 300.000 Euros must also provide documentation demonstrating the following:

a) Clean criminal record for the applicant and his/her spouse.

b) Secured annual income coming from abroad to Cyprus. This should be a minimum of 30.000 Euros for the applicant and an additional 5.000 for every dependent of the applicant.

c) A 3 year fixed term deposit with a Cypriot bank for a minimum of 30.000 Euros.

d) Health Insurance Policy for the applicant and his dependents.

e) Official statement that the applicant does not intend to work in Cyprus.

6. How long will it take until I obtain the PR?

Around 2 months from the date the application and attached documentation has been submitted to the Migration authorities.

GIS Club

There are four rank levels of Global Immigration Services membership. Advance through three elite ranks when you meet qualifying criteria. Enjoy elevated rewards and experiences throughout your journey. Explore the benefits for all levels. Earn and redeem credit points for our services.

Earning points

Earn Credit Points on qualifying purchasing of services. You’ll earn credit Points for every eligible U.S. dollar spent.

Using points

Spend credit points directly for your invoice. 100 credit points = US$ 1.

Insights

Why is Cyprus a country worth living in?

Brexit Day affects Cyprus Citizenship of Britons

About Us

Global Immigration Services Group (GIS) is an Immigration Services Provider focusing on Second Citizenship by investment programs & Residency Programs.

We offer a variety of Second Passport options including but not limited to; Caribbean Citizenships such as Saint Kitts & Nevis, Grenada and Dominica. European Second Citizenship by investment programs inclusive of Cyprus and Malta. As well as other Residency Programs such as Portugal and Greece...

Our selection of established and well-respected Developers, excellent Government Relations and Caribbean Contacts makes us the obvious choice for all your Citizen & Residency needs.