A Guide to Gaining Residency Through Cyprus Real Estate
Cyprus has emerged as a top destination for individuals seeking EU residency through real estate investment. With its investor-friendly policies, attractive lifestyle, and robust property market, the country offers a straightforward path to permanent residency. Let’s explore how investing in developments like Hilltop Residences or The Edge by Domenica Group can help you achieve this goal.
What is the Cyprus Residency by Investment Program?
Cyprus’ Residency by Investment Program allows international buyers and their families to secure permanent residency by purchasing qualifying real estate.
Key Requirements:
- Minimum Investment: €300,000 in new residential properties.
- Additional Financial Proof: Annual income of at least €30,000 (plus €5,000 per dependent).
- One-Time Application: Residency status is valid for life with no renewal needed.
Advantages of Cyprus Permanent Residency
1. Access to the European Union
While Cyprus isn’t part of the Schengen Zone yet, residency holders can travel visa-free to several EU countries and enjoy hassle-free entry to Cyprus.
2. Family Inclusion
Your application can cover your spouse, dependent children, and even parents, making it a family-friendly option.
3. High-Quality Lifestyle
As a resident, you can enjoy Cyprus’ excellent healthcare, international schools, and safe environment.
4. Property Investment Returns
By choosing high-demand properties, such as those offered by Domenica Group, you also secure an asset that appreciates in value and generates rental income.
Why Invest with Domenica Group?
Prime Properties
Projects like The Edge in Kissonerga and Hilltop Residences in Tremithousa meet the investment criteria while offering luxurious designs, strategic locations, and strong ROI potential.
Trusted Expertise
With over 60 years of experience, Domenica Group provides seamless guidance through the property purchasing and residency application processes.
Tailored Payment Options
Flexible pricing and payment plans ensure that your investment aligns with your financial goals.
Steps to Apply for Residency
- Choose Your Property: Select a qualifying property from Domenica Group’s portfolio, ensuring it meets the €300,000 minimum investment.
- Sign the Contract of Sale: Finalize your property purchase and register it with the Land Registry Office.
- Submit Your Application: Work with legal experts to file your residency application along with the required documents.
- Approval Process: Applications are typically processed within 2-3 months.
Investing in Cyprus real estate isn’t just about owning a property—it’s a gateway to permanent residency, financial security, and a world-class lifestyle. Whether you’re looking to move your family, expand your investment portfolio, or enjoy the Mediterranean charm, developments like Hilltop Residences and The Edge offer the perfect starting point.
Contact Domenica Group today to learn more about how we can assist you in achieving your residency goals.