Application for Cyprus citizenship can be submitted by foreigners, who have completed a total of 7 years of legal residence in Cyprus (2555 days of staying in Cyprus) before the application date. The applicant must have resided continuously in Cyprus through the last 1 year before applying.
How much does it cost to get citizenship in Cyprus?
To get Cyprus citizenship by investment, the applicant must purchase real estate property worth at least €2 million. For permanent residence, the investment requirement is less, standing at €300,000.
Can I live permanently in Cyprus?
Permanent residency in Cyprus is valid for life. The whole family and parents can apply to get a residence permit. A Permanent resident of Cyprus after completing five years (total of 1825 days) of legal stay in Cyprus is entitled to apply for Cyprus Citizenship.
How do I get dual citizenship in Cyprus?
CITIZENSHIP BY NATURALIZATION
- age 21 or over;
- at least 7 years of residence (reduced to 5 years for those with Cypriot children);
- legal and continuous residence in Cyprus 12 months prior to the application;
- be of good character.
How much money do you need to live in Cyprus?
Family of four estimated monthly costs are 2,845$ (2,411€) without rent. A single person estimated monthly costs are 807$ (684€) without rent. Cost of living in Cyprus is, on average, 14.12% lower than in United States. Rent in Cyprus is, on average, 45.43% lower than in United States.
Are cars cheap in Cyprus?
New and used cars are more expensive to buy in Cyprus than the UK. It may be more cost-effective to purchase a car on the island, however, if excise taxes add up when shipping yours over. It’s worth noting that cars tend to retain their value more in Cyprus than they do in the UK.
Is moving to Cyprus a good idea?
It also offers unique cultural traditions and a wealth of exciting places to visit. When it comes to moving abroad, expats from all over the world, consider Cyprus to be one of the most desirable locations there is. There is a well-established, substantial UK expat community living there.
How much is rent in Cyprus?
Those who are renting long-term can expect to pay around 450 euros and up for the same type of apartment or house, and around 550 euros for a two bedroom place. This is the rate for Limassol. Renting a place in Paphos, Larnaca and Nicosia will cost you a lot less.
Is there job opportunities in Cyprus?
Although there are several jobs throughout the year, most part time jobs usually open up more frequently in summer as the island is abuzz with domestic and international tourists the main cities such as Nicosia, Limassol, Paphos and Larnaca present students with better job-seeking opportunities as they have larger …
Is healthcare free in Cyprus?
State healthcare in Cyprus is not free. Healthcare costs are covered by both the state and through patient contributions. These are known as co-payments. Cyprus’s national health service is called the General Healthcare System (GHS).
Who is entitled to a Cypriot passport?
According to the Republic of Cyprus Citizenship Law of 1967, anyone born on or after 16 August 1960, and with at least one parent being a Cypriot citizen, automatically acquires Cypriot citizenship.
How many citizenships can you have in Cyprus?
Therefore nationals of the Republic of Cyprus can hold dual or multiple citizenships without any legal implications. A Cypriot passport holder may acquire a foreign citizenship with no need to register it or renounce the previous one, and likewise in case of foreigners acquiring Cypriot citizenship.
Is living in Cyprus expensive?
As a whole, the cost of living in Cyprus is comparable to European countries such as Poland, Hungary and Romania. … Limassol is generally regarded to be the most expensive city on the island, ranking 166th out of 209 cities worldwide assessed for the 2020 Mercer Cost of Living Survey.
Is it cheaper to live in Spain or Cyprus?
Cyprus is 0.0% cheaper than Spain.
How easy is it to get a job in Cyprus?
Due to the country’s large tourism sector seasonal and casual jobs are relatively easy to find. Those seeking summer work can find opportunities in hotels, bars, cafes and restaurants.