Cyprus Permanent Residence By Investment

Cyprus Permanent Residence by Investment is the common name for the expedited Immigration Permit route under Regulation 6(2). It is for third-country nationals who invest at least EUR 300,000 in one of the current qualifying categories and meet the policy’s income, family, document, and monitoring requirements.

It is permanent residence, not citizenship by investment. Cyprus abolished its citizenship-by-investment route; naturalisation is a separate residence and integration process.

Start Here

Need	Best page
Understand the route and who it fits	Main guide
Compare property, company, and fund routes	Investment routes and due diligence
Plan application, documents, fees, monitoring, and card replacement	Timeline and documents
Review family, tax, work limits, and citizenship planning	Tax, family, work, and citizenship setup
Understand the former investor naturalisation programme	Cyprus Investment Programme ended explainer
Compare with temporary remote-work residence	Cyprus Digital Nomad Visa

Programme Snapshot

Item	Current Rule
Official route	Immigration Permit under Regulation 6(2)
Main authority	Migration Department / Deputy Ministry of Migration and International Protection
Applicant	Third-country national investor
Minimum investment	EUR 300,000
Residential route	First-sale house or apartment from a development company, plus VAT
Other real estate	Offices, shops, hotels, related developments, or combination; resale can qualify
Company route	EUR 300,000 share-capital investment in a Cyprus company with physical presence and at least 5 employees
Fund route	EUR 300,000 in units of Cyprus collective investment organisation such as AIF, AIFLNP, or RAIF
Main income requirement	EUR 50,000 secured annual income
Family income uplift	EUR 15,000 for spouse and EUR 10,000 for each dependent minor child
Family	Spouse, minor children, qualifying dependent students aged 18 to 25, and higher-investment adult children
Employment	Applicant and spouse must confirm no Cyprus employment, except director role in the company chosen as the qualifying investment
Processing indication	Approximately 2 months for completed applications if policy criteria and security checks are satisfied
Main fees	EUR 500 application fee plus EUR 70 ARC fee per included person where ARC does not already exist
Residence right	Unlimited validity, subject to compliance
Card	10-year card for holder and adult dependants; minor dependant card valid until age 18
Absence risk	Permit ceases if holder and dependants acquire permanent residence abroad or are absent from Cyprus for 2 years
Monitoring	Investment evidence annually; health insurance evidence if no longer GESY beneficiaries; clean criminal record every 3 years

Application Flow

1. Confirm third-country status and Cyprus entry/residence position.
2. Choose one qualifying investment category.
3. Verify funds, source, transfer path, seller/recipient, and investment evidence.
4. Confirm secured annual income and family uplifts.
5. Prepare property/company/fund evidence, criminal records, health insurance, civil records, translations, and non-employment statements.
6. Submit the application personally or through an authorised representative to the Migration Department.
7. Pay the EUR 500 application fee and any EUR 70 ARC fees.
8. Wait for expedited examination and referral for decision if the file is complete and there are no public-order or security concerns.
9. Maintain the investment and ongoing monitoring evidence after approval.
10. Replace the residence card when required and avoid the 2-year absence rule.

Good Fit

Cyprus Permanent Residence by Investment is strongest for non-EU families who want a long-term Cyprus residence base, are comfortable making and maintaining a EUR 300,000 investment, can document secure annual income, and understand that Cyprus is not yet fully in Schengen.

Poor Fit

It is usually a poor fit for applicants who want citizenship by investment, Schengen residence, a general work permit, direct resale residential property as the main route, or a passive investment that can be sold without replacement.