Cyprus
Fast-track EU residency with attractive tax benefits
Program Overview
Cyprus offers a Permanent Residency Program through real estate investment, providing fast-track access to EU residency within 2-3 months. With a minimum investment of €300,000 in new property, applicants receive permanent residency valid for life. Cyprus offers an attractive tax regime, English-speaking environment, and Mediterranean lifestyle. While not providing EU citizenship directly, the program offers a stable base in the European Union.
Dual Citizenship
Permitted
Physical Residency
Visit once every 2 years
Family Inclusion
Spouse, children, parents
Investment Options
Choose the investment pathway that best suits your goals
New Property
Purchase of new residential property from developer.
Multiple Properties
Purchase of up to 2 new properties totaling €300,000.
Key Benefits
Fast-track EU residency with attractive tax benefits
Eligibility Requirements
What you need to qualify for the program
Eligibility
Financial
Documents
Application Process
Your journey to residency in Cyprus
Consultation
1-2 weeksAssess eligibility and property options.
Property Selection
2-4 weeksChoose qualifying property.
Purchase
2-4 weeksComplete property purchase.
Application
1-2 weeksSubmit PR application.
Approval
6-8 weeksReceive permanent residency.
Frequently Asked Questions
Is this permanent residency or citizenship?
This program provides permanent residency, not citizenship. Cyprus citizenship through naturalization requires 7 years of residency and meeting additional criteria including language requirements.
Can I work in Cyprus with this permit?
No, the permanent residency permit does not include work rights in Cyprus. You must demonstrate annual income of at least €50,000 from sources outside Cyprus.
How often do I need to visit Cyprus?
You must visit Cyprus at least once every 2 years to maintain your permanent residency status. This is one of the most flexible presence requirements among EU residency programs.
What are the tax benefits?
Cyprus offers attractive tax benefits including no inheritance tax, no wealth tax, and favorable treatment of foreign-source income. Non-domiciled residents can benefit from exemptions on dividends and interest income.
Can I travel in the EU with Cyprus residency?
Cyprus residency allows you to visit other Schengen countries for up to 90 days within any 180-day period. Note that Cyprus is not part of the Schengen Area, but is an EU member state.