Cyprus Permanent Residency

An EU residence permit through EUR 300,000 property investment

Purchase property in Cyprus worth EUR 300,000 to obtain permanent residency for the family through a fast-track process, with no minimum stay requirement.

Cyprus is an island country in the northeastern Mediterranean and the sea’s third-largest island, strategically connecting Asia, Africa and Europe. It covers approximately 9,251 square kilometres and has six administrative districts, with Nicosia as its capital. Its population of about 1.25 million is predominantly Greek Cypriot and Orthodox Christian, alongside Turkish Cypriot and international communities.

Cyprus offers an established property-based residency route with attractive homes and low maintenance costs. Under the policy introduced on 2 May 2023, a EUR 300,000 property purchase can secure permanent residency for the family without a minimum stay requirement. Unmarried dependent students under 25 may be included, making it an attractive option for larger families and retirement planning.

• The main applicant must be at least 18 with no criminal record.

• Purchase property worth at least EUR 300,000.

• Annual income of EUR 50,000, plus EUR 15,000 for a spouse and EUR 10,000 for each child.

• Low entry requirements, no minimum stay, and no education, language, business background or source-of-funds explanation requirements.

• Direct permanent residency.

• Strategic location connecting Asia, Africa and Europe, with strong transport links.

• A safe, comfortable environment in an EU and Commonwealth country.

• Identity documents:

• Original white-background photos of all applicants

• Colour scans of all pages of each applicant’s passport, including blank pages

• Colour scans of both sides of all applicants’ identity cards

• Colour scans of children’s medical birth certificates

• Financial documents (selected items):

• Property investment certificate, local bank account and medical insurance