properties for sale or rent in Larnaca, Cyprus

Permanent Residency

For many people from outside the EU, Cyprus is the preferred country for permanent residence. Apart from the fact that Cyprus is an EU member state, there are other significant advantages to becoming a permanent resident. Not least are the favourable tax regime, personal freedom, safety and security, premium education opportunities for children, and the opportunity to engage in business across the EU.

Exceptional Developments

Acquiring a Permanent Residence Permit is a straightforward process providing applicants and their families meet a range of basic requirements set by the government. The application process is best handled by a law firm in Cyprus as they have the necessary understanding of the procedures and documentation requirements. We are able to introduce interested persons to a reputable law firm to manage the process.

The holder is exempt from standard immigration entry procedures. However, having a permit does not exempt the holder from the need for specific travel visas (Schengen, for example) in order to travel to certain other European countries. Permit holders cannot work in Cyprus, but they may own a Cyprus company and receive dividends from any profits of that company. The permit is renewed five-yearly.


Category F Requirements
normally approved
within 5-12 months

  1. The applicant must have purchased a Cyprus residential property for himself and his family with a value of not less than €300,000 (excluding VAT).
  2. The applicant must be able to provide evidence that he/she has minimum annual income of €9,568.17 (plus €4,613.22 for each dependent person). This income must come from legal sources abroad (pensions, permanent deposits, business activities, stocks, company shares, etc.)
  3. The Government may require evidence of further funds that it deems necessary to cover additional outgoings such as maintenance of property, education fees, medical fees and other needs of the family. A significant cash deposit into a Cyprus bank may well facilitate an application.
  4. Other specific personal circumstances may be relevant, and a lawyer will be able to advise on those.

Fast Track Requirements
normally approved
within 2 months

  1. The applicant must have purchased a new residential property for himself and his family in Cyprus valued not less than €300,000 (excluding VAT). The seller must be the developer who built the property. It is possible to purchase two properties with a total value not less than €300,000 (excluding VAT) providing they are both new and from the same developer.
  2. The applicant must have a secure annual income of €30,000 plus an additional €5,000 for each dependent person who accompanies the applicant. Income must be proven as legal, must not come from any income derived from employment in Cyprus, and may be in the form of salaries for employment abroad, pensions, rents, dividends, etc. brought in from another country.
  3. The applicant must open and maintain a 3-year fixed deposit account in a Cyprus bank with a minimum amount of €30,000.
  4. The applicant must provide evidence that each person included in an application has a clean criminal record.
  5. Once the permit is issued, the applicant must come to Cyprus at least once every 2 years or risk the permit being cancelled.

What type of property are you looking for?

Find a