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Eligibility Permits
The regulations pertaining to Residential, Temporary and Permanent Residency may change during a year, and it is advisable to contact the Ministry of the Interior in Nicosia to keep up to date.
Provided the correct documentation is submitted including evidence of income, bank statements, property contract, these permits are easily and speedily obtained.
Property Ownership:
Non Europeans are allowed freehold ownership of one villa, one apartment or one piece of land with a maximum area of 4014 sq. metres.
Europeans are entitled to one freehold villa or one apartment, and as much land and plot areas as they like, which was one of the changes brought in through EU membership.
Europeans who acquire permanent or temporary permits can register in their name as many properties as they like, provided they sign a confirmation to the government that they will stay for the following five years in Cyprus.
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