Cyprus Permanent Residence Permit Program


The Cyprus Permanent Residence Permit (CPRP) is a popular program for investors who want to reside in the Mediterranean.  Moreover, it is also known as a Cyprus immigration permit or unlimited residency. The legal basis of the permanent residence scheme is Regulation 5 and 6(2) of the Aliens and Immigration Regulations. Note that this program doesn’t guarantee citizenship unlike Cyprus Citizenship by Investment program (closed in 2020).

Cyprus is a member of the European Union since 2004, and a Eurozone member since 2008. Nevertheless, Cyprus is not in the Schengen agreement. Accordingly, Cyprus Permanent Residence Permit holders may live on Cyprus. But they don’t have a right to travel visa-free to European countries. Balanced against the fact that investor may reside on Cyprus with three generations of family members.

So, this residency can cover the whole family and does not expire.

The applicant and dependents indicated in the application must officially declare self-employment in Cyprus. After obtaining Cyprus permanent residence permit, investor can only work for his own company established in Cyprus. Or receive income exclusively from foreign assets. The holder of Cyprus Residence Permit can open local company and pay corporate income tax at a rate of 12.5%. 

To obtain a Cyprus Permanent Residence Permit with the Fast Track option, the applicant must invest at least €300,000 in real estate. According to requirements, investor makes choice from primary properties on the market. Legally it could be commercial real estate but market is very limited for such offers. So, 99% of applicants buy primary residential properties.

Cyprus Permanent Residence. Apex Capital Partners services

For many years, Apex Capital Partners has been building network of partnerships with the best developers in Greece and Cyprus. Practically, that will allow the investor to choose from the most interesting offers, only premium properties.

Cyprus Permanent Residence

– The status is renewed automatically.

– Financially dependent parents and children (under 25) may obtain permit together with investor. Note that children must not be married.

– Possession of a permit does not affect tax obligations in Cyprus.

– Investor may apply for permit remotely.

– Processing takes about 6 months only.


The investor must have an annual income* outside Cyprus of at least €50,000 for the main applicant + €15,000 for the spouse and + €10,000 for each child.

*New requirements since 21st of April 2023.

 – Funds for the purchase of property must be transferred to Cyprus from abroad.

– Prove legitimacy of the source of income.

– Show certificates of no criminal record.

– Visit Cyprus at least once every two years.

– Own real estate as long as permit is valid. 

The requirement to make a deposit in a Cypriot bank has been canceled for three years – until March 21, 2024.


Real estate investment residential or commercial:

€300,000 + VAT

The rate of VAT may differ from one location to another. But usually, it is 19% if investor plans to have an income from rent and 5% if property is for personal use only.


Please note that mandatory government fees will be added to the declared investment amounts. As well as legal support services. APEX will provide a full cost calculation.


  1. Book a free consultation from APEX experts.  You may request total calculation of costs for obtaining Cyprus Permanent Residence Permit by providing a list of family members you want to include on your application.

  2. Pass a special pre-check procedure from APEX. Such a step will allow you to get to know at the initial stage what are the chances of successfully obtaining a Permit.

  3. Sign an agreement with Apex Capital Partners.

  4. Choosing real estate in Cyprus with APEX. Investor may take time to visit Cyprus to view properties and sign a contract or do everything remotely. When buying a property, it is enough for an investor to have a tourist visa.

  5. Sign an agreement (contract) with developer.

  6. Passing bank compliance check.

  7. APEX prepares documents and provides full support to the investor. And then application will be submitted to the Civil Registry and Migration Department in Cyprus. It is possible to file a title deed or a contract of sale. For that reason, the contract must have been submitted to the Cyprus Department of Land and Surveys.

  8. Main applicant and dependents must pay visit to the migration office in Cyprus in order to capture the biometric data. And also obtain Cyprus Permanent Residence Permit.
Caribbean citizenship by investment


Caribbean citizenship by investment is allowed in Antigua & Barbuda, Anguilla, Dominica, Grenada, Saint Lucia, and St. Kitts & Nevis. Acquiring a second passport in Caribbean countries has many benefits.


Apex Capital Partners has experience in the real estate market. This allows you to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.


Apex Capital Partners Corp. is a full-service government mandated advisory firm specializing in second citizenship and investor immigration programs for a multinational clientele.

APEX provides services with end-to-end execution for many HNWI, representing them to Citizenship by investment programs in countries around the world.

New Zealand Active Investor Plus Visa

New Zealand Active Investor Plus Visa: unique combined investment

The New Zealand Active Investor Plus visa is now available for investors to apply for residency in New Zealand (requires minimum investment of NZD 5 million). The main feature of the program is the ability to combine several types of investment opportunities at once. In this way, the applicant can reduce its investment risks. It is noteworthy that the New Zealand program has evolved over the course of its work. Local legislators took into account all previous experience working with investors to make their proposal more competitive in the investment residency market.

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Apex Capital Partners

Lubov Ivanova,
Business development director, CIS

«APEX has been present in Cyprus since 2008. We are constantly working with real estate transactions.  We know the market, developers and current offers well. APEX helps clients to quickly weigh the pros and cons when deciding whether to participate in a particular project. The investor will receive a wide range of properties throughout Cyprus. And also a guarantee of the quality of the purchased property»..

Citizenship and residency programs


For high-net-worth investors, the United States Immigrant Investor Program EB-5 visa can be an excellent means of obtaining US conditional resident status, known as a green card, leading to a US passport.
For those seeking second passports that enable great ease of travel, Antigua and Barbuda’s Citizenship by Investment Program facilitates visa-free travel to more than 130 countries, including the United Kingdom.
Apex Capital Partners — official agent to work with Montenegro citizenship program. Latest updates for the requirements, conditions and cost.

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