Residency · Europe
Residency · EuropeCyprus Permanent Residence by Investment
Permanent residence in Cyprus for applicants who invest EUR 300,000 and show a secure annual income from abroad.
Decision summary
- What do you obtain?
- Cyprus Permanent Residence by InvestmentRoute to citizenshipNaturalisation requires actual residence in Cyprus, including the final 12 months and at least seven of the preceding ten years.
- What does your family invest?
- EUR 300,000, excluding VAT.
- What is additional?
- Government feesEUR 500 on application; EUR 70 for each person included, for the Alien Registration Certificate where not already held.
- How long does it take?
- The authorities estimate about two months to examine a complete application.
- Must you travel or live there?
- No minimum stay, but the permit lapses if residence in Cyprus is not taken up within a year of approval or after two years' continuous absence.
- What is the main drawback?
- A statement of non-employment (company directors excepted), EUR 50,000 in yearly foreign income and criminal record certificates every three years.
- Family inclusion
- Spouse, Children · conditions apply
- Program status
- Operational
Overview
Cyprus grants permanent residence under Regulation 6(2) of the Aliens and Immigration Regulations to applicants who make a qualifying investment of at least EUR 300,000 and show a secure annual income.
Qualifying investments include a new home bought from a developer, other real estate, share capital in a Cypriot company with real activity and staff, or units in a Cypriot investment fund.
The permit does not lead to citizenship automatically. Naturalisation requires years of actual physical residence in Cyprus.
Path to citizenship
7 yearsof residence before you can apply for citizenship
Naturalisation requires actual residence in Cyprus, including the final 12 months and at least seven of the preceding ten years.
See every residency route to citizenship →Who this program may not suit
Taken from the facts recorded on this page. It may not suit you if:
- Your budget is below EUR 300,000, the minimum recorded investment, before fees and costs.
Investment pathways
- Investment pathway
- One of: a first-sale residential property from a developer, other qualifying real estate including commercial property, share capital of a Cypriot company with at least five employees, or units of a Cypriot collective investment fund.
- Minimum investment
- EUR 300,000, excluding VAT.
Checked against official programme sources
Family inclusion
Spouse
Named in the rule
Children
Named in the rule
Parents
Not named in the rule
Siblings
Not named in the rule
Ages, dependency and other conditions are in the rule below; confirm them for each family member.
- Eligible dependents
- Spouse and children under 18. Unmarried children aged 18–25 who study abroad and are financially dependent may apply separately, with EUR 10,000 more annual income required for each.
Checked against official programme sources
Application process
- 1Make a qualifying investment of at least EUR 300,000 (excluding VAT) in one of the permitted categories and prepare form MIP1 with officially translated and certified supporting documents.
- 2Submit the application in person at the Civil Registry and Migration Department by appointment, or through an authorised representative holding a certified authorisation letter signed by the applicant.
- 3Pay the EUR 500 application fee on submission, plus EUR 70 for each person who needs an Alien Registration Certificate; spouses or adult children filing separately pay their own fees.
- 4The Department examines the file under an expedited procedure and passes it through the Permanent Secretary to the Minister of Interior, who decides; examination is estimated at about two months.
- 5Applicants living abroad must take up residence in Cyprus within one year of approval or the permit lapses; residence cards expire after ten years and must then be replaced.
- 6Each year the holder proves the investment is maintained, and every three years adult family members supply fresh criminal record certificates; two years' absence from Cyprus cancels the permit.
Steps and timings can change; your advisor confirms the current process before you apply.
Indicative timelines
- Indicative processing timeframe
- The authorities estimate about two months to examine a complete application.
Checked against official programme sources
Investment and fees
Qualifying investment amounts and government fees are always shown separately. We do not publish single "total price" figures, as the total depends on family composition and circumstances.
Estimate for your family
- Investment for your family
- EUR 300,000
- Qualifying investment (from)
- Known total so far
- EUR 300,570
- 3 cost items not yet included
Children are counted as 10 and parents as 60 unless you enter ages in the calculator. Full breakdown and ages
Qualifying investment
- Qualifying investment (from)
- EUR 300,000
Government & due diligence fees
- Application fee
- EUR 500
- Alien Registration Certificate (per person, if not already held)
- EUR 70
- Government fees
- EUR 500 on application; EUR 70 for each person included, for the Alien Registration Certificate where not already held.
- Estimated additional costs
- Secure annual income of EUR 50,000 for the applicant, plus EUR 15,000 for a spouse and EUR 10,000 per dependent child. Application fee EUR 500 and EUR 70 per person for the Alien Registration Certificate, where not already held. Property taxes, VAT and legal fees are separate.
- To be confirmed
- Due diligence fees · Investment holding period
Checked against official programme sources
Residence requirements
- Residence requirements
- No minimum stay, but the permit lapses if residence in Cyprus is not taken up within a year of approval or after two years' continuous absence.
- Renewal requirements
- Permanent permit; it is not renewed, but conditions must continue to be met.
- Potential route to citizenship
- Naturalisation requires actual residence in Cyprus, including the final 12 months and at least seven of the preceding ten years.
Checked against official programme sources
Due diligence and documentation
Applicants and included dependants undergo background and source-of-funds checks by the relevant authority. Documentation requirements are confirmed during preparation — no documents are needed for an initial consultation.
Considerations, limitations and risks
Important restrictions
A statement of non-employment (company directors excepted), EUR 50,000 in yearly foreign income and criminal record certificates every three years.
- Published entry thresholds are not comprehensive costs; taxes, professional fees and dependent charges may apply.
- Immigration law, visa access and naturalisation rules can change without notice.
- Individual eligibility depends on nationality, financial background, due diligence and program-specific criteria.
Status and authority
- Operational status
- Operational
- Official government authority
- Civil Registry and Migration Department, Cyprus
- Legal basis
- Aliens and Immigration Law (Cap. 105) and Regulation 6(2) of the Aliens and Immigration Regulations, as amended in 2021.
- To be confirmed
- Nationality restrictions
Programme rules change; your advisor confirms every figure before you commit.
Frequently asked questions
Is EUR 300,000 the total cost?
No. VAT, transfer costs, legal fees and government charges are added, and applicants must also show a secure annual income from abroad.
Does Cyprus permanent residence lead to citizenship?
Not automatically. Naturalisation requires years of actual physical residence in Cyprus.
What is the minimum investment for Cyprus Permanent Residence by Investment?
EUR 300,000, excluding VAT.
Can my family be included?
Spouse and children under 18. Unmarried children aged 18–25 who study abroad and are financially dependent may apply separately, with EUR 10,000 more annual income required for each.
Is there a minimum stay requirement for Cyprus Permanent Residence by Investment?
No minimum stay, but the permit lapses if residence in Cyprus is not taken up within a year of approval or after two years' continuous absence.
How long does the process take?
The authorities estimate about two months to examine a complete application.
Does the Cyprus Permanent Residence by Investment lead to citizenship?
Naturalisation requires actual residence in Cyprus, including the final 12 months and at least seven of the preceding ten years.
Is approval guaranteed?
No. Every application is decided by the government concerned after due diligence, and requirements can change.
Discuss Cyprus with an advisor.
Share your objectives in confidence. An advisor will outline the options that may be relevant to your family and circumstances.