Cyprus offers one of the EU’s most practical residency-by-investment frameworks. With a minimum €300,000 (plus VAT) investment, applicants can secure indefinite residency that remains valid as long as requirements are maintained.

Investment routes include:

• New residential property purchased directly from a developer
• Commercial property (new or resale)
• Shares in a Cyprus company with local presence and five staff
• Units in Cyprus-regulated funds (AIF, AIFLNP, RAIF)

Applicants must also prove annual income of €50,000 from abroad, plus €15,000 for a spouse and €10,000 per dependent child. Parents and in-laws are no longer accepted as dependents. Proof of income is required every year to retain status.

The program is clear and manageable: no salaried employment in Cyprus is allowed (though directorships and business ownership are permitted), a residence must be maintained (owned or rented), and one visit every two years is required. Supporting documents include a clean criminal record, valid passport, family certificates, CV, proof of funds, and health insurance.

Schengen Outlook

Cyprus has stated its goal of joining the Schengen Zone by 2026, with technical work expected to finish in 2025. While final EU approval is still pending, successful entry would allow Cyprus PR holders to travel visa-free across the Schengen Area.

For globally active families and entrepreneurs, this step would significantly increase the value of Cyprus residency, aligning property investment with greater mobility across Europe.