Ask A Question  | Learn more about Cyprus

How can I include my 26-year-old son to our Cypriot permanent residency application?

I am a Chinese investor and my son is studying in a law school in the U.S. Although he is already 26 years old, he has no income in the U.S. due to the working permit issue and is still financially dependent on me. I talked with an agent regarding applying for the Cypriot RBI program. I was told that although technically a 26-year-old healthy child who is financially dependent on the primary applicant could be included in the application, his major (law) might disqualify him. Is his major an issue? If not, what documents do I need to prove his financial dependency on me?

  • Fidescorp Chartered Accountants
    July 14, 2018

    The restriction is not due to this major (law) but due to the fact that the son of the applicant has exceeded the age limit of 25, which is the threshold for which dependent adult children can be included in their parents' residency applications.

  • Yiannis Papazacharia LLC
    July 16, 2018

    As per the regulation for PR Fast Track Procedure, only the children up to 25 years old are eligible to apply and obtain permanent residency as dependent children of the parents, provided they are students and they can provide study or an enrolment certificate. In the present case, since the child is now 26, he needs to comply with the regulations as an adult, prove his own income deriving from abroad and purchase a property valued 300,000 euros (as an individual) or, alternatively, his parents can provide a declaration confirming that they will be offering accommodation to their son and deposit application under the normal procedure category F.

  • L. Papaphilippou & Co. LLC
    July 24, 2018

    The immigration permit issued in the name of an applicant may cover his/her unmarried children between the ages of 18 and 25 who prove that they are students in an institution of tertiary education abroad with at least six months of remaining study period from the date of the submission of the application, and that they are financially dependent on the applicant. This can be efficiently proved with the submission of a letter from the institution of tertiary education abroad stating the above. There is no other criterion imposed by the law for the evidence of dependency. But, due to the fact that your dependent child is over 25 years old, he is not qualified to be included as a financially dependent person in your immigration permit. However, he may obtain an immigration permit if you, as the main applicant/parent, acquire a real estate of a higher value in order to include him as a non-financially dependent child on your immigration permit. Note that the market value of the acquired real estate must attribute to each such child at least €300.000 (excluding VAT).

  • Omirou & Omirou LLC
    August 19, 2018

    Your son is still not 28 years old, which is the limit for applying for the citizenship by investment policy. So since he is a dependent, the only thing that is required is to provide all necessary documentation from his university, duly certified, that proves that he is following either an undergraduate or a post-graduate program. Furthermore, the same documents, like a passport etc., apply for him to submit to the authorities for obtaining a Cyprus passport.