Residency by Investmentin Cyprus

Minimum Investment Amount

€300,000

Key Residency Benefit

Route to citizenship

Processing Time

2-4 months

Why is Cyprus a popular investment location?

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 the Cyprus Residency by Investment programme

The Cyprus Permanent Residency Programme is a residency by investment (RBI) scheme aimed at non-EU citizens.

The programme has proved highly successful, allowing applicants and their families to secure permanent residency in a safe and stable EU country.

The Cyprus Permanent Residency Programme offers a wide range of investment options and fast processing time. The average processing time for 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 in Cyprus

Invest in a Cypriot company's share capital

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 in units of a Cypriot investment fund

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

Real estate investment options

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.

Key Benefit of Residency in Cyprus

Applicants have the right to a lifetime of residency in Cyprus, provided they visit the country at least once every two years. There is no renewal process that needs to be completed.

For those who decide to reside in Cyprus, there is the added benefit of being eligible to apply to be a Cypriot citizen after five years. Those who become citizens can still maintain their other citizenship(s).

Citizenship in Cyprus means applicants are granted European Union (EU) citizenship. Holding an EU passport brings with it multiple benefits.

Benefits include the ability to live, work and study anywhere in the EU and visa-free travel to over 170 countries. Additionally, children of Cyprus citizenship holders under the age of 18 are also granted citizenship.

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