Residency by Investment in Cyprus

Minimum Investment Amount

€300,000

Key Residency Benefit

Route to citizenship

Processing Time

2-4 months

What makes Cyprus a popular investment location?

Located in the eastern Mediterranean, Cyprus is often referred to as the birthplace of Aphrodite, the Greek Goddess of Love. The island offers a high quality of life, with over 300 days of sunshine each year, stunning coastlines, and picturesque landscapes.

Rich in history and culture, Cyprus features archaeological sites dating back over 11,000 years. As a member of the European Union, it boasts excellent infrastructure, international schooling, quality healthcare, and a welcoming global community—making it an attractive destination for both residents and investors.

Guide to Cyprus's Residency by Investment programme

The Cyprus Permanent Residency Programme is a residency by investment scheme designed for non-EU nationals. It offers foreign investors and their families the opportunity to obtain permanent residency in one of the most secure and stable countries in the European Union.

The programme provides a variety of qualifying investment options and boasts a fast application process, with approvals typically granted within two to four months.

Successful applicants benefit from increased mobility within the Schengen Area and may apply for Cypriot citizenship after five years of permanent residency.

How to get 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 Benefits of Residency in Cyprus

Applicants under the Cyprus Permanent Residency Programme are granted lifetime residency, provided they visit the country at least once every two years. There is no requirement to renew the permit, making it one of the most straightforward residency schemes in the EU.

Those who choose to reside in Cyprus full-time can apply for Cypriot citizenship after five years. Successful applicants may retain dual or multiple citizenships.

Cypriot citizenship confers full European Union (EU) rights, including the ability to live, work and study anywhere in the EU. It also provides visa-free access to over 170 countries. Children under the age of 18 are automatically granted citizenship when their parent becomes a Cypriot citizen.

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