With its beautiful beaches and tropical Mediterranean climate, Cyprus is considered an ideal destination for permanent residence for non-EU nationals.
Download the Cyprus factsheet from the residence tab to find out more about the program. Alternatively, contact us directly for any specific questions.ENQUIRY Factsheet
Situated between three continents, Cyprus is an attractive tourist destination with an excellent geographical positioning.
Cyprus, with its warm and stable climate and convenient geographical position, is considered an attractive place for both business and residence. The investment landscape in Cyprus is beneficial due to the island’s well-qualified labor force and a reliable transport and telecommunications system.
Cyprus has a modern, free-market, service-based economy, where in conjunction with its effective and transparent regulatory and legal framework, it offers international investors and businesses the confidence to invest, grow, and prosper. Cyprus was ranked number 54 out of 190 countries on the World Bank's Ease of Doing Business Index 2020. A number of new measures have been put into place to reboot the economy in the wake of the massive and difficult restructuring of the country’s banking sector. These measures are aimed, among other things, at helping to stimulate economic growth.
In line with the Cypriot government’s intention to increase foreign investment and to help its economic development, Regulation 6(2) of the Aliens and Immigration Regulations has recently been simplified by the Ministry of Interior in order to issue residence permits to applicants from non-European countries who intend to invest in the republic, provided that the following requirements are met:
The residence permit holder must visit Cyprus at least once every two years to maintain their residence status.
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