On 27/04/2023, the Council of Ministers approved a proposal by the Ministry of Interior to revise the criteria for granting Permanent residency under the provisions of Regulation 6(2) of the Aliens and Immigration Regulation.
As per the Minister of Interior, Mr. Constantinos Ioannou, the Ministry of Interior is aware of the risks involved in the implementation of these Schemes and the main aim of these amendments is to establish stricter criteria to grant the Permanent residency, to correct any distortions and to establish a mechanism which will monitor that the applicant will comply with the set criteria.
The new amendments to the Cyprus Permanent Residence Scheme according to Regulation 6(2) of the Aliens and Immigration Regulations came into force on the 2nd of May 2023.
As per the announcement of the Civil Registry and Migration Department, on 27/04/2023, applicants whose Sale Agreements have been lodged at the Department of Lands and Surveys Offices between 02/01/2023 and until 28/04/2023, can proceed with the submission of their applications under the criteria of the Cyprus Permanent Residence Scheme according to Regulation 6(2) as of 24/03/2021.
