Permanent Residency
Cyprus
Program Overview
Cyprus's Permanent Residency by Investment programme (Category F / Fast Track) is one of the most straightforward routes to EU residency in the Mediterranean, offering a permanent, non-expiring residency permit in exchange for a qualifying real estate investment. Unlike most European golden visa programmes which grant temporary permits requiring periodic renewal, Cyprus grants permanent residency from the outset — a significant administrative advantage for investors who want certainty without ongoing renewal obligations.
Cyprus is a full EU member state with a strategic location at the crossroads of Europe, the Middle East, and Africa. It offers one of the most favourable tax environments in the EU: a corporate tax rate of 12.5%, no inheritance tax, no wealth tax, and a non-domicile regime that exempts qualifying residents from tax on dividends and interest income for 17 years. English is widely spoken, the legal system is based on English common law, and the island offers a high quality of life with excellent private healthcare and international schools.
After seven years of legal residency in Cyprus, permanent residents become eligible to apply for Cypriot citizenship and an EU passport with visa-free access to over 170 countries.
Key Highlights
Suited For
Eligibility Requirements
- Non-EU nationals aged 18 or over
- Clean criminal record
- Proof of a secure annual income from abroad of at least €30,000 (plus €5,000 per dependent)
- Qualifying real estate investment of at least €300,000 (plus VAT)
- Commitment to maintain the investment and not sell the property
- Health insurance covering Cyprus
- No requirement to reside in Cyprus — the permit is maintained without a minimum stay
Investment Options
New Residential Property
€300,000 + VATPurchase of one or two new residential units (houses or apartments) from a developer, with a combined purchase price of at least €300,000 excluding VAT. The property must be new — resale properties do not qualify.
Commercial Property
€300,000Purchase of commercial real estate (offices, shops, hotels, or similar) with a value of at least €300,000. Resale commercial properties are eligible.
Share Capital
€300,000Investment of at least €300,000 in the share capital of a Cyprus-registered company that operates in Cyprus and employs at least five people.
Key Benefits
- Permanent residency granted immediately — no temporary permit, no renewal required
- EU residency in a full EU member state
- Path to Cypriot citizenship and an EU passport after seven years
- No inheritance tax, no wealth tax, and a 12.5% corporate tax rate — one of the lowest in the EU
- Non-domicile regime: no tax on dividends or interest income for 17 years for qualifying residents
- No minimum stay requirement — the permit is maintained without living in Cyprus
- Family included: spouse and dependent children covered under the same application
- English-speaking environment with common law legal system
Based on enquiry volume and advisor recommendations on the Jurentra platform.
Min. Investment
€300,000
Processing Time
2–3 months
Visa Type
Investor Residency
Path to Citizenship
7 years
Ready to take the next step?
Our network of licensed advisory firms can guide you through every stage of your Permanent Residency application.