Recently, the Ministry of Interior of Cyprus publicly disclosed data on the permanent residency program through property purchase for the first time since 2014, attracting global attention. The data shows that over the past decade, Cyprus has issued nearly 30,000 permanent residency permits (including main applicants and family members).
The number issued to applicants of different nationalities is as follows:
• Chinese citizens: 10,100 (ranked first)
• Russian citizens: 8,478
• Lebanese citizens: 1,822
• Ukrainian citizens: 983
• Jordanian citizens: 907
• Iranian citizens: 699
• Egyptian citizens: 586
• Vietnamese citizens: 412
• Syrian citizens: 346
• American citizens: 277
• British citizens: 251
• Additionally, the remaining 3,267 permits were issued to citizens from other third countries.
Cyprus, a member of the European Union, is known as the "Garden of Europe" and "Island of Love." With its high-quality education system, pleasant Mediterranean climate, developed economy, safe living environment, and generous welfare benefits, it has won the favor of countless immigrant investors.
The Cyprus passport is often referred to as the "Hermès of passports" in the immigration community. The government has confirmed multiple times that Cyprus plans to join the Schengen Area by 2026. Once this goal is achieved, Cyprus will become one of the few countries in the world with the combined identities of an EU member state, Eurozone country, Commonwealth member, and Schengen Area member, significantly increasing the value of its passport and residency status.
After joining the Schengen Area, holders of the Cyprus passport, permanent residency (PR), or visa can travel freely across 29 Schengen countries, avoiding cumbersome customs procedures, and easily switch between business travel and vacation. At the same time, after meeting residency requirements, holders of permanent residency can apply for a Cyprus EU passport, enjoying the right to reside, work, and study freely in 27 EU countries, as well as EU-level medical, pension, and other benefits.
Currently, property purchases start from €300,000, allowing the whole family to apply for permanent residency in Cyprus. Children can enjoy free public compulsory education and can return to China as overseas Chinese students to take entrance exams, easily gaining admission to top universities such as 985 and 211. At the same time, after obtaining permanent residency in Cyprus and meeting relevant conditions, one can also apply for a Cyprus EU passport. The window for policy benefits is limited, and WorldWay Group advises interested investors to seize the opportunity and act promptly.
WorldWay Group is your trusted choice for processing immigration to Cyprus.
• In 2011, we were among the first to introduce the Cyprus permanent residency and citizenship by investment program to China, starting an exciting journey of investment immigration to Europe;
• In 2014, the "Paphos Night" event in Beijing and Shanghai was an investment and cultural exchange event themed on European cities in China.
As one of the top 500 Asian brands, focusing on investment immigration for over 20 years, WorldWay Group has maintained good interaction with the Cyprus government over the years, making it your trusted choice for processing immigration to Cyprus.
For inquiries in mainland China: 400-138-2929, Hong Kong customer service center: (852)2802 8798
* Investment involves risks; the above information is for reference only.*
