🇨🇾 Cyprus Permanent Residence by Investment Requirements

Residency by Investment

Cyprus offers one of Europe's fastest Permanent Residency programs, allowing investors and their families to obtain Permanent Residence within approximately 9 months through qualifying investments.

Unlike Portugal and Greece, Cyprus grants Permanent Residency from approval and does not require renewal every few years. Citizenship is possible later through naturalization subject to residency requirements.

The most popular route is:

Real Estate Investment

• Minimum Investment – €300,000 (+ VAT)

Eligible investments include:

✔ New Residential Property

✔ Commercial Property

✔ Office Spaces

✔ Hotels

✔ Approved Real Estate Developments

Applicants may purchase one or two properties from approved developers.

Associated Costs

Apart from the qualifying investment, applicants should consider additional government and professional expenses.

Government Fees

• Application Fee – €500

• Registration Fee – €70 per applicant

Legal Fees

Professional legal and immigration advisory fees generally start from €5,000 – €10,000

Property Related Expenses

• VAT – 5% (subject to conditions) or 19%

• Stamp Duty

• Property Registration Charges

• Translation and Certification Fees

Eligibility and Requirements

To qualify for Cyprus Permanent Residency, applicants must satisfy the following conditions:

✔ Invest a minimum of €300,000 (+VAT)

✔ Demonstrate an annual secured income of at least €50,000

Additional income requirements:

• Spouse – €15,000

• Each dependent child – €10,000

✔ Maintain a clean criminal record

✔ Hold valid medical insurance

✔ Demonstrate legal source of investment funds

✔ Visit Cyprus at least once every 2 years

Applicants are not required to live permanently in Cyprus.

Cyprus Permanent Residency Benefits

Cyprus remains one of the most attractive residency destinations for international investors.

Its key benefits include:

✔ Permanent Residency for the entire family

✔ Processing within 6 – 9 Months

✔ No minimum physical stay requirement

✔ Right to reside indefinitely in Cyprus

✔ High-quality healthcare and education

✔ Favorable tax regime

✔ Opportunity to apply for Cypriot Citizenship through naturalization

✔ Strategic location connecting Europe, Asia, and the Middle East