What documents are required to obtain a permanent residency card of Cyprus?

A foreigner needs to prepare a foreign passport, a valid residence permit card, a certificate of no criminal record, tax returns for the last 5 years, a bank account statement, confirmation of property rights or a lease agreement, a medical insurance policy, a certificate of passing the Greek language test, and an employment contract or statement of entrepreneurial activity.

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What conditions must be met to obtain Cypriot permanent residency?

An immigrant is required to live in the country with a residence permit for at least 5 years, and also confirm that he did not leave the country for more than half a year at a time and 10 months in total.

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How can an investor get permanent residency in Cyprus?

A foreigner can invest from 300,000 EUR in residential or commercial real estate, share capital of a local company or shares of a Cypriot collective investment organization and obtain the status of a permanent resident.

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What rights are granted to holders of Cypriot permanent residency and what are their obligations?

Permanent residents of the country can officially get a job, do business, receive free education in local educational institutions and apply for medical help. The obligations of Cypriot permanent residency holders include compliance with the legislation of the state, respect for its territorial integrity and independence, payment of taxes.