Permanent Residency in Cyprus Category F - A Guide by Hadjivangeli Law Firm

Nov 7, 2023


Welcome to Hadjivangeli Law Firm, your trusted legal partner specializing in immigration and residency matters in Cyprus. In this comprehensive guide, we will walk you through the process of obtaining permanent residency in Cyprus under category F, providing you with all the necessary details and information you need to make an informed decision.

Overview of Permanent Residency in Cyprus

Permanent residency in Cyprus is a highly sought-after status that offers numerous benefits to individuals and families looking to establish a long-term presence in the country. Cyprus, known for its beautiful landscapes, rich history, and favorable business environment, has become an attractive destination for those seeking a new place to call home.

Category F of the Cyprus Permanent Residency Program is specifically designed for applicants who wish to invest in Cyprus by purchasing real estate. This category offers a straightforward pathway to obtaining permanent residency for non-EU citizens and their dependent family members.

The Benefits of Permanent Residency in Cyprus

Obtaining permanent residency in Cyprus comes with a range of benefits, making it an ideal choice for individuals and families seeking a high standard of living and excellent business opportunities. Some key benefits include:

  • Freedom to live, work, and study in Cyprus indefinitely
  • Access to Cyprus's public healthcare and education systems
  • Ability to travel freely within the European Union
  • No requirement for physical residence in Cyprus
  • Opportunity for family reunification
  • Tax advantages and a favorable business environment
  • Gateway to Cypriot citizenship after a certain period of residency

Eligibility Criteria

To qualify for permanent residency in Cyprus under category F, you must meet the following eligibility criteria:

  1. You must be a non-EU citizen.
  2. You must be at least 18 years old.
  3. You must have a clean criminal record.
  4. You must provide evidence of a secured annual income from legal sources.
  5. You must purchase residential property in Cyprus with a minimum value of €300,000.
  6. You must have proof of a fixed deposit of at least €30,000 in a Cypriot bank account, pledged for at least three years.

The Application Process

Obtaining permanent residency in Cyprus under category F involves a step-by-step application process, which we will outline below:

Step 1: Property Purchase

The first step is to find a suitable residential property in Cyprus to meet the minimum investment requirement. Our team at Hadjivangeli Law Firm can assist you in identifying the right property and guiding you through the purchasing process.

Step 2: Preparation of Application Documents

Once you have purchased the property, we will guide you through the preparation of all the necessary documents required for the application. These typically include:

  • Copy of your valid passport
  • Copy of your immigration permit
  • Title deed or purchase agreement of the property
  • Proof of payment for the property
  • Proof of secured annual income
  • Confirmation of the fixed deposit in a Cypriot bank

Step 3: Submission of Application

Once all the required documents are prepared, we will submit your application to the Cyprus Government Immigration Department on your behalf. Our expert team will ensure that all forms are correctly completed and all supporting documents are included.

Step 4: Processing and Approval

Upon submission, your application will undergo a thorough review by the Immigration Department. Processing times may vary, but typically it takes between two to three months to receive a decision. Our team will keep you informed throughout the process.

Step 5: Residence Permit Issuance

If your application is successful, you will be issued a residence permit, granting you permanent residency status in Cyprus. This permit is valid indefinitely, provided you meet the requirements of maintaining your property and income sources.

Why Choose Hadjivangeli Law Firm?

Hadjivangeli Law Firm is a leading legal service provider in Cyprus, specializing in immigration and residency matters. With years of experience and a dedicated team of professionals, we are committed to delivering exceptional service and achieving positive outcomes for our clients.

When you choose Hadjivangeli Law Firm, you can expect:

  • Expert guidance throughout the entire application process
  • Personalized support tailored to your specific needs
  • Efficient handling of all documentation and paperwork
  • Regular updates on the progress of your application
  • Transparent and competitive pricing
  • Superior customer service

Contact Hadjivangeli Law Firm Today

If you are considering obtaining permanent residency in Cyprus under category F, do not hesitate to contact Hadjivangeli Law Firm for a consultation. Our knowledgeable team is ready to assist you every step of the way and provide you with the highest quality legal services to achieve your immigration goals.

Take the first step towards your new life in Cyprus. Contact us today at [email protected] or call +357 12345678 to schedule a consultation with one of our expert immigration lawyers.

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