Criteria for Cyprus permanent residence permit for business owners and entrepreneurs


Business owners and entrepreneurs who wish to expand their business activities and establish their presence in Cyprus may apply for and obtain the Cyprus permanent residence permit by virtue of the Aliens and Immigration Regulations (Regulation 6(2)), as amended.

The country’s business sector offers important opportunities and potentials for return and growth, while a number of tax and other incentives is provided on a personal and corporate basis. 

Interested investors may apply for the permanent residence permit by investing in a Cyprus business through the acquisition of shares. At the same time, they can also be employed by the company thus receiving salary and dividends.

For further information on the program’s criteria please read Eleni Drakou’s article which was published by Uglobal Magazine here.