Didn't renew your residence permit? Prepare $200,000
If you bought an apartment before 16.10.2023, but did not renew your residence permit, for a new registration will have to meet the new requirements - the value of the property must be at least 200 000 dollars.
What does this mean?
Previously, owners of real estate from 75 000 dollars could apply for a residence permit at any time, even if there was a break. Now this rule has been canceled!
Example
You bought an apartment in 2023 for $76,000 and filed a residence permit for 2 years. In 2025 you did not renew it. Now, if you want to apply again, to do it under the old conditions will not be possible. It will be necessary to confirm the value of real estate from 200 000 dollars.
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