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Can't Cyprus permanently immigrate?

Cyprus' immigration policy of buying a house for 300,000 euros can get a permanent green card in a short time, but it is also impossible to work locally. It is the core interest of most immigration policies in Europe, America and even most of them, and Cyprus is no exception.

However, permanent residents can do business on the island, be their own bosses and hire local people. Due to the developed tourism industry in Cyprus, applicants who immigrate to Cyprus have opened many Chinese restaurants in the local area, and their business is very prosperous. At the same time, a considerable number of people have taken advantage of Cyprus' low tax rate to engage in import and export trade on the island, and gained a lot.