Updated

GL-I-06

Glossary · Cyprus PR

Investment in a Cyprus company - option C for Cyprus PR

A €300,000 contribution to the capital of a company registered and operating in Cyprus

Cyprus PR programme
€300,000into company capital
5employees minimum
0%VAT on the investment

01 / In 30 seconds

The short answer

What it is
A €300,000 contribution to the capital of a company registered and operating in Cyprus
Which company
New or existing, with an office in Cyprus and at least 5 employees
Work
The applicant may be a director of this company, although employment in Cyprus is not allowed
Housing
Needed separately: owned, bought or rented in Cyprus

02 / In plain words

What Investment in a Cyprus company means

Investment in the share capital of a Cyprus company is option C of the 4 investment options for Cyprus PR under the Migration Department criteria.

The money goes into the capital of a new Cyprus company or increases the capital of an existing one. The company must operate in Cyprus, have an office there and employ at least 5 people. No VAT applies to this investment.

This option suits entrepreneurs who are already building a business on the island. The applicant may be a director of the company that received the money, and the family still needs housing in Cyprus, owned or rented.

A simple example

An entrepreneur opens an IT company in Cyprus with an office in Limassol and a team of 6. He pays €300,000 into its capital from his account abroad, becomes a director and rents a flat for his family. With the company documents we file the PR application.

When option C fits

  • You are starting a business in Cyprus
  • You already have a Cyprus company with a team
  • You prefer not to invest in property
  • You plan to be a director of your company
  • Annual proof of the investment for PR

03 / What it covers

What option C requires

01

Company

  • Registered in Cyprus
  • Operates in Cyprus
  • Office on the island
02

Money

  • €300,000 into capital
  • Transfer from abroad
  • New company or capital increase
03

People

  • At least 5 employees
  • Applicant may be a director
  • Spouse not employed
04

Documents

  • Capital documents
  • Proof of transfer
  • Housing in Cyprus

04 / How it works

How to invest in a company

Step 1

Business check

We check whether the company meets the activity and staff requirements.

Step 2

Money route

We prepare the €300,000 transfer from abroad and the source of funds documents.

Step 3

Capital contribution

The money goes into capital and the change is filed with the companies registry.

Step 4

Housing

We find housing for the family, to buy or to rent.

Step 5

Filing

We gather the company documents and file the PR application.

05 / Key facts

What matters

01Amount

€300,000

The same bar as for property. The contribution must go into the company's capital, not into a loan or equipment.

02Company

Office and 5+ staff

The company must really operate in Cyprus, not just be registered there. A shell with no people or office does not qualify.

03Director

Allowed

The ban on employment in Cyprus does not stop you being a director of the company you invested in.

04Every year

Proof

The Migration Department expects annual documents showing the company investment is kept.

Common mistakes

Investing in a company with no office or staff

An empty company will not pass. You need a real business in Cyprus with at least 5 employees.

Forgetting about housing

Option C does not cover housing. To file you need a title, a paid contract or a lease in Cyprus.

Sending the money through a third party

The capital must come from abroad from the account of the applicant, the spouse or their company.

06 / Expert advice

Robert Haas

How to prepare in advance

Before investing, check that the company can keep an office and at least 5 employees in Cyprus for as long as you hold PR. If not, a property option is safer.

What we do for you. We check whether your company fits option C, prepare the money route and the document pack for the Migration Department.

Robert HaasHead of Company Formation

07 / Questions

Frequently asked questions

Yes. Option C is a contribution of at least €300,000 to the capital of a Cyprus company that operates in Cyprus.

At least 5.

Yes, by increasing its capital by €300,000.

Yes, the applicant may be its director. Employment with other employers in Cyprus is not allowed.

No, there is no VAT on a capital contribution.

You need housing in Cyprus, owned or rented. You do not have to buy it for €300,000.

INITIAL ASSESSMENT

Tell us what outcome your family needs

We will design a solution for your case, choose the country and the right status, and take the whole process through to the result.

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Anna Kovalevskaya, lead lawyer at BRIDGES GLOBAL
Anna KovalevskayaLead lawyer, citizenship and residency, 12 years of practice