Cyprus offers a streamlined Permanent Residency (PR) by Investment route for non‑EU nationals, with approvals typically issued within just two months for a minimum investment of €300,000.
Investors can choose from several qualifying options, including purchasing new residential property, acquiring commercial real estate, or investing in company shares or regulated investment funds.
The residency permit is permanent and extends to the investor, their spouse, and dependent family members, providing a secure and long‑term pathway to living in Cyprus.
Key requirements and options
- Investment Amount: A minimum of €300,000 (plus VAT where applicable).
- Real Estate Options: Purchase up to two new residential units from developers, or invest in commercial properties such as offices, shops, or hotels.
- Fund or Share Investments: Invest in Cyprus‑based Collective Investment Funds (AIF, AIFLNP, RAIF) or in the share capital of a locally registered company.
- Income Requirement: Provide evidence of a stable annual income of at least €30,000, increasing by €5,000 for each dependent and €8,000 for each parent included in the application.
- Additional Criteria: Applicants must have a clean criminal record, transfer investment funds from abroad, and maintain a €30,000 deposit in a
Cypriot bank for three years.
Key benefits
- Fast Processing: Application approval is typically granted in roughly two months.
- Fast-Track Advantage: Permanent residency is valid for life.
- Family Inclusion: Covers spouse and dependent children under 25, or unmarried adult children who are financially dependent on their parents.
- Tax Benefits: Potential for zero tax on worldwide dividends and interest for non-domiciled residents.
- Work Limitation: Permanent residents are generally not permitted to work in Cyprus, but can own a business and receive dividends.
- Citizenship Pathway: Eligible to apply for citizenship after 5 or 8 years of residency.
