During January of 2023, International Investors made 594 real estate sale and purchase contracts that were registered in the Land Registry offices spread across the country. These procedures accounted for a total of 54% of the total sales, which is the first time since 2007 that the number of sales exceeded By international investors Domestic sales, where a total of 497 contracts were made by local citizens in January this year compared to 455 contracts in January 2022.
Cyprus Residency program is directed to anyone who wishes to move and live in the country by obtaining permanent residence through real estate investment in a period of 3 months, which is called the fast track, provided that he maintains ownership of the property for life to maintain the validity of permanent residence in Cyprus, This program enables you to qualify for Cypriot passport if you actually reside in Cyprus and enjoy free access to 174 destinations around the world, which has made it one of the most sought after passports as it currently ranks 14th according to Reach Immigration Index for passport Classification. You can get more information about this program by visiting our website here.