Permanent Residency
The Cyprus Permanent Residency Scheme (“PR”), also known as the Cyprus Golden Visa, is an investment-based program launched in 2020. It grants lifelong permanent residency to non-EU/EEA/Swiss nationals and their families through a minimum €300,000 investment in Cyprus.
Live, study and access healthcare & education in Cyprus and European Union without Entry Visa.
English-speaking environment, sunny climate, high quality of life, safe country.
Low income tax, low corporate taxes; exemptions on dividends/interest; no inheritance/gift taxes.
Eligible after 8 years (full-time residency); for highly skilled workers, Cypriot passport allows visa-free access to 174+ countries.
Family Inclusion: Spouse, children under 18, and unmarried children 18-25 studying in Cyprus. Children under 18 retain residency.
Buy new residential property worth €300,000+ plus VAT
Invest €300,000+ in a Cypriot company employing 5+ EU/Cypriot citizens
Office, shop, or hotel worth €300,000+ plus VAT
Invest €300,000+ in CySEC-regulated funds (AIF, UCITS, RAIF)
Can sell after 5 years if replacing
with equivalent investment to retain residency.
Choose investment option; pay €200,000+ upfront and open a Cyprus bank account.
Passport, CV, income proof, criminal record, family certificates, health insurance, photos, and investment evidence.
To Civil Registry and Migration Department; pay €500 fee per adult applicant.
Receive approval in 3-6 months; visit Cyprus for fingerprints and collect 10-year residency card.
Submit annual proofs of income, investment, insurance, and clean record.