CYPRUS PERMANENT RESIDENCY
BY INVESTMENT

WHY INVEST IN CYPRUS FOR PERMANENT RESIDENCY?

Cyprus is a European Union Member State positioned at the crossroads of Europe, the Middle East, and Asia. For non-EU nationals seeking a fast-track route to EU residency by investment, Cyprus offers a compelling combination of strategic location, lifestyle, and long-term value.

• EU residency through investment is among the most accessible permanent residency programmes in Europe, with qualifying investments starting from €300,000.
• Cyprus offers an exceptional quality of life, characterized by a Mediterranean climate, modern infrastructure, and a secure, family-friendly environment.
• The country features an attractive tax framework, including no inheritance tax and a competitive corporate tax regime, subject to applicable regulations.
• Applications benefit from fast-track processing under an expedited procedure, with no requirement for continuous physical residence.

PROGRAMME OVERVIEW

The Cyprus golden visa, formally referred to as the Cyprus Permanent Residency Program, offers a fast-track route to permanent residence for non-EU nationals through qualifying investment. The Minister of Interior, acting under Regulation 6(2) of the Aliens and Immigration Regulations, may grant an Immigration Permit to applicants whose investment satisfies the programme requirements, subject to approval by the competent authorities.

Permanent residence is not granted automatically. Approval requires fulfillment of all current programme requirements, successful completion of necessary checks, and formal acceptance of the application.

INVESTMENT REQUIREMENTS: HOW TO GET CYPRUS RESIDENCY BY INVESTMENT

A qualifying investment starts at €300,000, plus VAT if applicable. Applicants may qualify through the following approved routes:

• Residential property — new property purchased as a first sale from a developer
• Commercial real estate — offices, shops, hotels, or other commercial developments
• Cyprus company shares — share capital in a Cyprus company with real operations in Cyprus and at least five (5) employees
• Regulated investment funds — units in Cyprus regulated investment funds (AIF, AIFLNP, RAIF)

Investment funds must be traceable and transferred to Cyprus from abroad, in accordance with programme rules.

MPN Advising LLC specializes in identifying residential and commercial property investments across Cyprus that meet the programme’s qualifying criteria. Current projects are available for review to explore investment opportunities.

Internal link: “projects” should link to /projects/

INCOME REQUIREMENTS FOR CYPRUS PERMANENT RESIDENCY

Applicants must demonstrate a secure annual income of at least:

• €50,000 for the main applicant
• + €15,000 for a spouse
• + €10,000 for each dependent minor child

For the residential property route (first sale from a developer), the required income must originate from abroad. For other eligible routes — commercial property, company shares, or investment funds — all or part of the required income may be accepted from activities in Cyprus, as permitted by the official criteria.

WHO CAN BE INCLUDED IN A CYPRUS GOLDEN VISA APPLICATION?

The Cyprus permanent residency programme allows family inclusion. The application may cover:

• Spouse of the main applicant
• Children under 18 as dependents

Unmarried children aged 18 to 25 who study abroad and remain financially dependent may qualify under additional conditions and requirements. Parents and parents-in-law are not eligible as dependents under this programme.

RIGHTS AND RESTRICTIONS FOR PERMANENT RESIDENTS

Permanent residents may own or participate in businesses and hold permitted roles such as directorships, subject to programme conditions. Salaried employment in Cyprus is not permitted unless specifically allowed by official criteria.

MAINTAINING YOUR CYPRUS PERMANENT RESIDENCY

Cyprus permanent residency remains valid as long as all programme conditions are maintained:

• Unlimited right to reside — however, the residence permit card has an expiry date and must be renewed upon expiration
• Establishment of residence — if you reside outside Cyprus at the time of approval, you must establish residence in Cyprus within one year, or the permit may become invalid
• Absence rule — the permit may become invalid if you acquire permanent residence abroad or are absent from Cyprus for two years
• Ongoing compliance — maintaining the qualifying investment and fulfilling the programme’s monitoring and documentation requirements is mandatory

SCHENGEN OUTLOOK

Cyprus is not currently part of the Schengen Area. The government has stated its intention to join, with technical work expected around 2025 and a target of 2026. Accession depends on completing EU procedures and receiving unanimous approval from current member states.

Any future visa-free travel benefit within the Schengen Area is a potential advantage, but not a guaranteed feature of Cyprus permanent residence at this time.

WHY CHOOSE MPN ADVISING LLC?

MPN Advising LLC provides expert real estate advisory services tailored to investors pursuing Cyprus permanent residency by investment. The team offers:

• Curated property selection across Cyprus’s most sought-after locations
• Legal expertise and due diligence for every investment opportunity
• End-to-end support from property selection through to programme application

Get in Touch to discuss your investment and residency objectives.

Official criteria

Disclaimer: The information provided is for general informational purposes only and does not constitute legal, tax, or investment advice. The company accepts no responsibility for any decisions or actions taken based on this content.