This is an illustrative scenario: the people and details are for explanation only and are not a real client case. Every family’s outcome depends on its background and the policies in force at the time.
Background
Mr Feng (pseudonym), Taichung, retired professor, wife. He wanted EU permanent residence where he could spend his retirement.
Main concern
He didn’t want to go through repeated renewals.
Our approach
He chose a EUR 300,000 new-build home, and we organised proof of stable foreign income and the transfer records.
Process and outcome
He received permanent residence in about 4 months, with no renewals needed.
Adviser’s comment
Cyprus grants permanent residence directly — ideal for retirees who value a stable status.
Cyprus Permanent Residency application process
- Assessment and property search (1–2 months): We shortlist qualifying new-build developments.
- Purchase (1–2 months): Sign the sale contract and make the payments.
- Application (Per scheduling): Submit the permanent residence application and supporting documents.
- 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.
Learn more: Cyprus Permanent Residency