Permanent European Status for Life
Permanent Residency is granted permanently. There is no need to renew the permit or pass language proficiency tests to maintain your legal status.
Cyprus
Assets from €300k
Purchase brand-new residential or commercial properties directly from developers
Lifetime Status
Permanent residency is granted immediately after meeting the program requirements.
Path to Citizenship After 5 Years
The opportunity to obtain citizenship after 5 years of residence in the country.
€300,000+
Minimum qualifying investment
7–10 mos.
Processing time to approval
8 years
Residency required for citizenship
Once every 2 years
Minimum Visit Requirement
Program Overview
Cyprus Permanent Residence by Investment
The program allows you to obtain permanent residence in Cyprus with a real estate investment from €300,000.
To qualify, you need to buy a house or apartment, up to 2 units, from a developer, commercial real estate, or a combination of these options.
You also need an annual income of at least €30,000, plus €15,000 for a spouse and €10,000 for each child.
You do not need to live in Cyprus permanently. However, you must visit Cyprus at least once every two years. A spouse and children can be included in the program.
Full Family Inclusion
Spouse and financially dependent unmarried children up to 25 are included
Favorable Tax Regime
Non-Domicile tax status grants exemption from global dividend & interest taxes
Investment Options & Associated Transactional Costs
Investors are offered flexible asset classes including premium residential real estate, commercial assets, or shares in Cyprus investment funds (AIFs). The core requirement is maintaining the asset to secure the lifetime status.
Please note: mortgage options are strictly restricted for the qualifying threshold. The entire sum of €300,000 must be fully paid from the investor's overseas funds prior to filing the application with the Civil Registry and Migration Department.
Option 1
Residential Property (Primary Market)
from €300,000 + VAT
- Purchase of up to two residential units from the same developer
- Brand-new properties only (new-build/off-plan/construction phase)
- Option to lease out long-term to secure stable Euro-denominated yields
Option 2
Commercial Real Estate
from €300,000 (+ VAT if applicable)
- Offices, retail shops, boutique hotels, or logistics warehouses
- Both newly-built and resale commercial assets qualify
- High commercial yield potential in Limassol and Nicosia business hubs
Option 3
Premium Apartments in Paphos
from €290 000, €435 000, €575 000
- A gated development of 72 luxury apartments with a swimming pool, spa, landscaped areas and children's playgrounds
- Easy access to the beach, shops, restaurants and transport infrastructure
Option 4
Development Near a Golf Course and Casino
from €280 000, €390 000, €530 000
- Limassol, 450 meters from the sea; near a resort, casino, golf course, shopping center, bars and restaurants
- Amenities include a swimming pool, fitness center and beach
Expenses
Additional fees
- Minimum Property Price €300,000 (net)
- VAT on Residential Asset (reduced rate / standard) 5% (for first 150 sqm of primary home) / 19%
- Stamp Duty 0.15% – 0.20% of the contract value
- Government Application Fees €500 per main applicant & dependents + €70 per card issuance
- Legal and Conveyancing Fees from €5,000 to €8,000 (depending on family size)
Key Benefits of Obtaining Cyprus PR Status
Highly Efficient Tax Optimization
By residing in Cyprus for just 60 days a year, you can obtain Non-Domicile tax status, eliminating personal taxes on worldwide dividends and interest.
World-Class Education & Healthcare
Your children gain access to top-tier English-medium private schools and British university campuses, while your family is covered under GHS (GESY) healthcare.
No Permanent Residency Requirement
The program does not require permanent residence in the country.
● LET'S DISCUSS
Ready to discuss your application?
Our expert will answer all your questions about the program and help you choose the option that fits your situation.
Who is Eligible: Detailed Qualifying Criteria
Main Applicant (Investor)
- Aged 18 or older with a clean global criminal record
- Proven annual foreign source income of minimum €50,000 (+€15,000 for spouse and €10,000 per dependent child)
- Investment in qualifying Cypriot real estate or assets of €300,000+
- Passing the strict background check (Due Diligence)
Family Dependents
- Legally married spouse of the main investor
- Dependent children under the age of 18
- Students aged 18 to 25, provided they are enrolled in higher education and financially dependent on the main applicant
Documents
Required Documents Checklist
- Valid international passports for all applicants (certified copies of all pages)
- Contract of Sale registered with the Land Registry (Department of Lands and Surveys)
- Proof of payment of at least €300,000 transferred from abroad to the developer's bank account
- Apostilled Certificate of No Criminal Record from the country of origin and current residence
- Official tax returns or income statements proving foreign source earnings exceeding €50,000
- Legalized, translated and apostilled Marriage and Birth Certificates
Guide Brochure
Download the Comprehensive Program Brochure
- Step-by-step breakdown of conditions & new Ministerial Decrees for 2026 application pathways
- Catalog of pre-approved residential and commercial projects certified under Regulation 6(2) from €300,000
- Actionable manual for opening corporate and personal Cyprus bank accounts as foreign nationals
- Typical document compilation errors: direct tips on avoiding rejection during due diligence
The Application Process step-by-step
Step-by-step pathway from curated asset selection to obtaining physical residency cards
01
Step 1: Consultation & Curated Property Selection
Complete pre-due diligence profiles assessment. Selection of safe and highly liquid projects from major Tier-1 Cypriot developers.
02
Step 2: Sale Agreement Execution & Asset Payment
Drafting of the contract by legal counsels, booking, and registry at the Land Registry Office. Executing the bank transfer of €300,000+ from offshore accounts.
03
Step 3: Document Compilation & Migration Department Filing
Compiling the required legal dossier, localizing certificates. Submission of the formal package by an external certified lawyer in Nicosia. Processing takes 6 to 8 months.
04
Step 4: Biometrics Recording and Receiving Cyprus Residency Cards
Following the approval, the main applicant and family visit Nicosia within one year to perform-record biometrics. Plastic PR cards are generated in 3-4 weeks.
Frequently asked questions
No, the program guidelines mandate that residential properties must be brand-new (primary market) bought directly from developer. However, commercial properties can be resale units.
No. The threshold investment amount of €300,000 must originate entirely from the applicant's foreign personal bank accounts and be fully cleared to the developer's account prior to filing.
No physical stay is enforced. The sole physical presence requirement is that the key investor and dependents must pay a visit to the Republic of Cyprus once every two calendar years.
Yes, Cyprus permits candidates to file for naturalization and subsequent citizenship. You must legally reside in Cyprus for 8 years, with physical stay being continuous throughout the final 12 months.
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