Residential Permit is easily obtained for persons living in Cyprus, who have purchased property.

The granting of this permit requires the existence of a bank account in Cyprus and a sales agreement of the property purchased.

In addition to the above requirements, the applicant must establish evidence of a secured annual income of not less than CYP 5.600 per person plus CYP2.700 for each dependant person.

However since Cyprus joined EU in May 2004, the regulation for Europeans living in Cyprus have been reduced consideraply. 

For more information please contact the Ministry of Interior, Nicosia.