Cyprus Permanent Residency

Through Real Estate Investment
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Cyprus Permanent Residency (PR)

is one of the fastest and most straightforward residency programs available to non-EU nationals. By investing in new real estate from €300,000 + VAT, you can secure lifelong residency for yourself, your spouse, and your dependent children (up to age 25).

The process is simple, requires minimal documentation, and can be completed fully remotely – making it ideal for investors, relocators, and families seeking long-term stability or a secure base in the EU.

If you’re looking for a reliable residency option with low requirements and fast approval, the Cyprus PR program offers a clear, predictable path.

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Key Benefits

Fast Approval

in 4–6 months​

Receive a permanent residency permit quickly through a streamlined and predictable application process.

No Interview

language test, or relocation required

There is no need for a language exam, relocation to Cyprus, or any in-person interviews during the application.

Full Family Coverage

(spouse & children up to 25)

The permit includes the main applicant, spouse, and dependent children up to the age of 25 under a single application.

What is the Cyprus PR Program?

Cyprus Permanent Residency is a fast-track residency program for non-EU nationals, obtained through a €300,000 + VAT investment in new real estate.

The permit provides lifelong residency for the applicant, spouse, and dependent children up to age 25, with approvals typically issued within 4–6 months.

The process is straightforward, does not require relocation or language exams, and offers families a reliable long-term base within the European Union.

 

Benefits of Cyprus Permanent Residency

Cyprus PR offers a combination of security, flexibility and long-term stability, making it one of the most attractive residency options in Europe.

Full family coverage

Full family coverage

Fast and predictable processing

No physical residency requirements

No language exams or interviews

Ability to own and operate a business

Investment Requirements

To qualify for Cyprus Permanent Residency, applicants must make a minimum investment of €300,000 + VAT in new residential real estate. The investment must be completed using funds transferred from abroad and can be allocated to one property or two units within the same development category.

Additional investment criteria include:

  • New property only - the program does not accept resale properties.
  • Purchase agreement filed with the Land Registry as part of the application.
  • Proof of payment of at least €300,000 (excluding VAT) prior to submission.
  • Funds must originate from outside Cyprus, supported by banking documentation.
  • Certain new properties may qualify for the reduced 5% VAT rate when purchased as the buyer’s primary residence.
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Eligibility Criteria

To apply for Cyprus Permanent Residency, applicants must meet the following requirements:

  • Valid passports for the main applicant, spouse and dependents.
  • Stable annual income originating from outside Cyprus: minimum €50,000 for the main applicant, plus €15,000 for the spouse and €10,000 for each dependent child.
  • Clean criminal record issued by the applicant’s country of residence.
  • Proof of legal source of funds and bank documents confirming transfer of capital from abroad.​
  • Marriage and birth certificates, duly certified and officially translated.​
  • Health insurance policy covering all applicants.​
  • Signed purchase agreement and proof of payment for the qualifying property.​

The PR Process

The Cyprus Permanent Residency application is designed to be efficient, transparent and straightforward. Most steps can be completed remotely.

01

Choose a qualifying property (€300,000+)

Select a new residential property or two units with a total value of at least €300,000 + VAT.

02

Sign the purchase agreement

The contract is filed with the Cyprus Land Registry, and an initial payment is made.

03

Prepare and submit your documentation

All required documents are collected, certified and submitted to the Civil Registry & Migration Department.

04

Application review (4–6 months)

Authorities examine the investment, source of funds and eligibility criteria.

05

Receive Permanent Residency approval

Once approved, applicants receive their PR permit and Digital ID.

06

Visit Cyprus once every two years

A brief visit is required to maintain active residency status.

Cyprus Permanent Residency

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