Permanent Residence Permit Programme
Permanent Residence Permit (PRP) is easily obtained for people who purchase property. The advantage is that, unlike temporary permits for third country nationals, PRPs are permanent and they do not have to be renewed. Hence, the obtaining of a PRP by a third country national could be very useful for various reasons. Our team with experienced real estate consultants can help you with any inquires.
Property of value of €300,000 + VAT or more
Advantages of CY PRP holders
Fast access to Europe
2 months procedure
1-year Schengen visa in any European Embassy in Nicosia
Benefits of CY PRP holders
Permanent Residence Permit is not renewable, it is permanent. It is for life.
The best medical facilities and high quality healthcare
No inheritance tax
High quality of life
Relatively low cost of living
Low crime level
Excellent education system up to university level