Key Compliance Requirements for Permanent Residency by Investment in Cyprus
For non-EU nationals aiming for stability, security, and seamless access to the European Union, obtaining permanent residency in Cyprus through investment presents a compelling opportunity. However, safeguarding this status requires diligent adherence to the regulatory requirements established by the Cypriot authorities.
At L.A. Law Firm, we specialize in providing end-to-end Monitoring & Compliance services designed to keep your permanent residence permit valid, secure, and fully compliant with all legal obligations.
Monitoring & Compliance: Key Aspects for Cyprus Permanent Residency
Cypriot authorities have implemented a robust Monitoring Mechanism for all residency permits granted through investment. Non-compliance can lead to penalties or even the revocation of your residence rights.
Criminal Record Certification
Applicants and all adult family members must periodically submit a clean criminal record certificate from their country of origin and residence—every three years—to maintain their status.
Annual Investment Verification
Permit holders are required to provide yearly proof that their qualifying investment remains intact and actively maintained.
Health Insurance Requirements
For those not enrolled in the Cyprus General Healthcare System (GeSY), maintaining valid private health insurance is mandatory to comply with residency conditions.
Why Partner with L.A. Law Firm?
Our firm offers expert legal guidance in investment-based residency, continuous compliance monitoring, meticulous document preparation, and direct liaison with Cypriot authorities—ensuring your permanent residency remains protected and up-to-date.
