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Client stories · Cyprus Permanent Residency

Checking the developer and property, and buying in Cyprus with confidence

Written by Global Immigrate consultants · Reviewed by Oscar Yip, Founder & Managing Director

Summary

Ms Shum’s Cyprus Permanent Residency experience. She wanted EU permanent residence.

Background

Ms Shum, from Hong Kong, applied with her husband. She wanted EU permanent residence.

Main concern

She worried about the developer and the property.

Our approach

We helped check the developer’s background and the property, confirming it met the new-build requirement.

Process and outcome

She completed the purchase and received permanent residence in about 3 months.

Adviser’s comment

Checking the developer and property before buying is the most important step in a property route.

Cyprus Permanent Residency application process

  1. Assessment and property search (1–2 months): We shortlist qualifying new-build developments.
  2. Purchase (1–2 months): Sign the sale contract and make the payments.
  3. Application (Per scheduling): Submit the permanent residence application and supporting documents.
  4. Permanent residence (Usually about 2–6 months): Once approved, receive your permanent residence permit.

Is this right for you?

Every family’s background and timeline is different. To find out whether a similar plan could work for you, book a free consultation with Global Immigrate.

Based on a real client’s experience; names and some details have been changed for privacy.

Learn more: Cyprus Permanent Residency

FAQ

Does it have to be a new home?

Yes. The property must be a new-build home sold by the developer for the first time.

Do I need to live in Cyprus?

No need to relocate, but you generally need to visit at least once every two years to keep your status.

Can I work?

Permanent residence itself does not include the right to take up employment in Cyprus, but you can hold company shares, act as a director and receive dividends.

Sources

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