cyprus

Minimum investment

€300,000

processing time

2-4 Months

key residency benefit

Route to Citizenship

Benefits of Residency by Investment in Cyprus

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    Efficient and straightforward process

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    Low minimum stay requirements

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    Access to a favorable tax system

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    Path to EU Citizenship after five years

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    Access to free healthcare

  • ✺

    Lifetime residency without needing to renew

discover Cyprus

Cyprus is located in the eastern Mediterranean Sea and is known as the birthplace of Aphrodite, the Goddess of Love. Whether you plan on living or visiting, the island country has a lot to offer, including 300 days of sunshine per year, beautiful scenery and pristine beaches. Cyprus is also home to historical sites dating back 11,000 years.

Cyprus is part of the European Union (EU) with a large international community, excellent schooling and university facilities, healthcare and infrastructure.

About Cyprus

The Cyprus Permanent Residency Program is a residency by investment (RBI) program designed for non-EU citizens. The program has proved highly successful, allowing applicants and their families to secure permanent residency in a safe and stable EU country. The Cyprus Permanent Residency Program offers a wide range of investment options and fast processing time. The average processing time for the application is between two and four months.

Applicants also benefit from increased freedom of movement within the Schengen Zone and the ability to apply for Cypriot citizenship after five years.

How to obtain Residency by investment in Cyprus

  • The applicant may purchase up to two units (apartments or houses). These must be purchased as a first-time sale directly from a developer, and upon the submission of the application, at least €200,000 (excluding VAT) needs to have been paid. Alternatively, purchase commercial properties worth a total value of €300,000, either new or resale. This can include offices, shops, hotels, related estate developments or a combination of these options.

  • Make an investment worth €300,000 in the share capital of a company registered in the Republic of Cyprus. The company must be based and operating in Cyprus with a proven physical presence and at least five employees.

  • Invest €300,000 in units of Cyprus collective investment organizations, such as alternative investment funds etc.

Frequently asked questions

  • The program grants a permanent residence permit, meaning there is no renewal process. For the residency permit to remain valid, applicants must visit Cyprus once every two years.

  • Cypriot residents who are non-tax residents do not pay taxes on their worldwide income. This includes tax on dividend income and capital gains tax. Only income from assets in Cyprus, such as rental income, is liable for tax.

  • To be eligible for the Cyprus Permanent Residency Program, the primary applicant requirements are:

    • Be a non-EU national, non-EEA and non-Swiss

    • Be over 18 years old

    • Have a clear criminal record from their country of residence

    - With their spouse, they possess a secure annual income of at least €30,000. This increases by €5,000 for each dependent person and by €8,000 for each applicant’s parent. This income must be derived from abroad, apart from in specific circumstances.

  • Family members can be included in the application. The principal investor can include:

    • Spouse

    • Children under the age of 18

    • Children between the age of 19 to 25, provided they are dependent, not married and students*

    • Dependent parents of the applicant or the spouse

    Once the children obtain the residency permit, this permit is valid indefinitely even if they exceed the age of 25 and even if they do not remain unmarried and/or students and/or financially dependent on their parents.