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Glossary · Cyprus PR

€300,000 investment for Cyprus PR - 4 ways to invest

The minimum investment in Cyprus without which an investor PR application is not accepted

Cyprus PR programme
€300,000threshold excl. VAT
4investment options
up to 2residential units

01 / In 30 seconds

The short answer

What it is
The minimum investment in Cyprus without which an investor PR application is not accepted
Where to invest
New housing, commercial property, the capital of a Cyprus company or units of a Cyprus fund
How much
€300,000 excluding VAT, the same amount for a single person and for a family with children under 18
Where the money comes from
Only by transfer from abroad from the account of the applicant, the spouse or their company

02 / In plain words

What €300,000 investment for Cyprus PR means

The €300,000 investment threshold is the core condition of Cyprus permanent residence by investment. It is set by the Migration Department criteria, whose 4th revision has applied since 02.05.2023.

You can invest in one of 4 options. A - new housing bought from a developer on first sale, up to 2 units, possibly from different developers, with VAT on top. B - commercial property such as an office, a shop or hotel apartments, resale allowed. C - the capital of a Cyprus company that operates in Cyprus and employs at least 5 people. D - units of a Cyprus AIF, AIFLNP or RAIF fund.

One amount covers the applicant, the spouse and children under 18. Adult financially independent children multiply the threshold: with one such child you need €600,000, with two - €900,000. The money must reach Cyprus from abroad, and the investment must be kept for as long as you hold PR.

A simple example

A family of four buys a new flat in Larnaca for €300,000 plus VAT. The money goes from the husband's account abroad to the developer's account in Cyprus. Once €300,000 is paid and the contract is deposited, we file for the whole family.

When the €300,000 figure matters

  • Choosing an option at the consultation
  • Budgeting with VAT and fees
  • Preparing the transfer from abroad
  • Filing the PR application
  • Annual proof that the investment is kept

03 / What it covers

What the investment consists of

01

Property

  • A: new housing, first sale
  • Up to 2 units, different developers
  • B: commercial, resale allowed
02

Business and funds

  • C: capital of a Cyprus company
  • Company with 5+ staff in Cyprus
  • D: AIF, AIFLNP, RAIF units
03

Money

  • €300,000 excl. VAT
  • Transfer from abroad
  • Not a Cyprus bank loan
04

At filing

  • €300,000 paid
  • Contract deposited or title issued
  • Adult children: 66% paid

04 / How it works

How the investment is made

Step 1

Choosing the option

We compare A, B, C and D by budget, taxes and family goals.

Step 2

Checking the money

We see which account abroad will send the funds and how to prove their source.

Step 3

Contract

We sign the purchase contract or the company and fund documents.

Step 4

Paying €300,000

The money is transferred from abroad and we collect bank confirmations.

Step 5

Filing

With the payment and contract in place we file the PR application.

05 / Key facts

What matters

01Threshold

€300,000 excl. VAT

VAT on new housing and new commercial property is paid on top and does not count toward the threshold. Companies and funds carry no VAT.

02Family

One amount

The applicant, spouse and children under 18 share one investment. Each adult independent child needs a separate threshold.

03New build

Possible before completion

If the building is still under construction, €300,000 paid and a deposited contract are enough to file.

04Resale housing

Not eligible

Resale homes do not count for PR. Resale is allowed only for commercial property.

Common mistakes

Assuming VAT is part of €300,000

The threshold excludes VAT. On new housing add 19%, or the reduced 5% if you qualify.

Paying from someone else's card or account

The money must come from abroad from the account of the applicant, the spouse or their company. We rule out third-party transfers in advance.

Buying a resale flat for PR

Housing must be a first sale from a developer. Resale works only for commercial property.

06 / Expert advice

Anna Kovalevskaya

How to prepare in advance

Before choosing a property, decide which account abroad will send the money and collect 6 months of statements. Then the transfer and the bank check will not delay your filing.

What we do for you. We budget all 4 options, check the money route and collect proof of payment for the filing.

Anna KovalevskayaLead lawyer for EU citizenship and residency, 12 years of practice

07 / Questions

Frequently asked questions

From €300,000 excluding VAT in one of 4 options: new housing, commercial property, a Cyprus company's capital or Cyprus fund units.

No, if the children are under 18. Adult independent children require a separate investment.

Yes, up to 2 residential units totalling at least €300,000, possibly from different developers.

No. Only commercial property can be bought on the resale market.

€300,000 excluding VAT must be paid by filing. The rest can follow the developer's schedule.

No. The €300,000 must come from abroad, and a Cyprus bank loan does not qualify for this amount.

Cyprus PR glossary

Related terms

Author: Anna Kovalevskaya

Reviewed by: Sergey Evdokimov

Sources: Cyprus Migration Department, gov.cy - investor permanent residence criteria (4th revision), Cyprus Migration Department, gov.cy - forms and document lists

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