Table of Contents
Permanent Residence in 2 Months
PRP: permanent residence right, issued within 2 months. Especially for non-EU citizens – one of the fastest paths to EU residence. For EU citizens: less relevant (you already have residence rights).
Requirements
Non-EU: purchase new property ≥€300,000. Annual foreign income ≥€50,000 (+ €15,000 spouse, €10,000/child). €30,000 Cypriot bank deposit (3-year lock). Clean criminal record. Health insurance. Processing: 2-3 months.
This was exactly our experience: Permanent Residence in 2 Months PRP: permanent residence right, issued within 2 months. Especially for non-EU citizens – one of the fastest paths to EU residence. For EU citizens: less relevant (yo...
– Entrepreneur from Bonn, in Nicosia since 2023
What PRP Provides
Permanent residence right. Property ownership. Family reunification. GeSY access. After 7 years: citizenship possible. No right to: employed work (but self-employment OK). Visit Cyprus every 2 years or PRP lapses.
CMC Accompaniment
CMC guides A to Z: property selection, document preparation, application, status monitoring. Fees: €500-600 government + €2,000-5,000 professional. Investment: €300,000+ property + €30,000 bank deposit.
Permanent Residence Permit
Topics: Permanent Residence in 2 Months, Requirements, What PRP Provides
CMC Practical Tip
Permanent Residence in 2 Months PRP: permanent residence right, issued within 2 months.
Frequently Asked Questions
Mainly non-EU citizens wanting permanent Cyprus residence. EU citizens already have residence rights.
No – can be rented out. Must remain in your ownership as long as you hold PRP.
Yes – spouse and minor children. No separate property purchase. Income requirement increases per family member.
Citizenship application possible (5 continuous years required). Greek language needed. Dual citizenship: allowed.
How CMC Supports You
At CMC Certus Management Consultants, we are here for you – not only for tax and legal questions, but also for all practical topics of everyday life in Cyprus. Our team in Larnaca and Pafos knows the local conditions first-hand.
As your local contact, we handle: company formation and management, tax advisory and Non-Dom applications, ongoing bookkeeping and tax returns, support with authorities, and referrals to estate agents, lawyers, doctors and tradespeople.