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Permanent residence by investment

Permanent residence in Cyprus for an investor

Open-ended European Union resident status with no renewals: the €300,000 threshold does not depend on the family composition, and keeping the status only takes a visit every two years.

Calculate the cost
  • The conditions are checked against Regulation 6(2) of the Interior Ministry
  • Working since 2004
  • We check the developer and the title before the deposit
A Cypriot permanent resident card
€300,000The investment threshold
open-endedThe term of the status
2-3 monthsTo the status

01 / About the program

How Cypriot permanent residence works

Cyprus issues permanent residence to investors under the accelerated Regulation 6(2) procedure. The threshold is €300,000 in property; the status is open-ended and needs no renewals. There is no compulsory residence, but you have to appear on the island once every two years.

01

The status is open-ended

Permanent residence is issued once and is not reissued every few years. That is a fundamental difference from programmes where the residence card lasts two to five years.

02

The threshold does not depend on the family composition

€300,000 for the applicant, the spouse and children under 18. Only the income requirement and the fees change with the composition: €500 for the application for the whole family and €70 to register each person.

03

A visit every two years is enough

There are no requirements as to residence, language or employment. To keep the status you have to appear on the island at least once every two years.

04

Cyprus is not in Schengen

The main limit: the status gives no visa-free entry to the Schengen area. Travel around Europe needs a separate visa.

Benefits of the statusRepublic of Cyprus

What permanent residence in Cyprus gives

Open-ended EU resident status, one investment for the whole family and minimal obligations: no language, no exams and no requirement to live on the island.

Yachts in Ayia Napa marina

Status

A home in the EU with no renewals

  • Open-ended
  • A visit every 2 years
  • No language or exams

Investment threshold

€0k

excluding VAT, one amount for the applicant, the spouse and children under 18. A new home, commercial property, a company or a fund qualify.

See the routes
The Limassol seafront on a sunny day

Family

Income from abroad, no job in Cyprus needed

Family income per year

Applicant
€50,000
Spouse
+€15,000
Child under 18
+€10,000

A couple with a child€75,000

The fort in Paphos harbour

Timeline

Review in 0-3 months

Taxes in 2026

Light taxes if you move to Cyprus

  • Non-dom: 0% on dividends
  • 0% rate up to €22,000
  • Stamp duty abolished

English law and the English language

03 / Why people apply

Why people arrange Cypriot permanent residence

Cyprus is chosen for an open-ended status with minimal obligations. It is not a route to European visa-free travel - it is a calm base in the European Union that does not have to be kept up with paperwork.

A status that does not expire

For a family that does not want to gather certificates every two years, open-ended permanent residence settles the question once and for all.

The whole family on one threshold

A spouse and children under 18 come within the same €300,000 threshold. Per person that is one of the best-value offers in the EU.

Fast

2-3 months from filing to the status - one of the shortest timelines in Europe.

A familiar environment

English, English law, a large international community and direct flights - the move goes smoothly.

A base for tax planning

On a genuine move Cyprus offers one of the mildest tax regimes in the EU. The decision is taken with a tax adviser.

An asset by the sea

The property bought can be used by the family or let. The yield depends on the location and the season.

A preliminary assessment

Calculate the budget for your family

Set out who is applying with you. With the calculation you get the full Cypriot budget: the property, the VAT or transfer fee, the fees and the insurance for each person, the timeline by stage and a plan of action.

Who is applying for the status?

Get the calculation

about a minuteno calls and no obligationsconfidential

  • The full budget with the taxes and fees
  • The timeline for each stage of the process
  • A plan of action: where to start
Cypriot permanent resident cards and a set of documents

04 / Travel

What the status gives you for travel

Cyprus is in the European Union but not in the Schengen area. That is the key point in the choice: the status gives no visa-free travel around Europe.

Mode 01

Cyprus without limits

Entry, exit and residence on the island at any time. There is no compulsory minimum of days; a visit every two years is needed.

Mode 02

Schengen on a visa

The status gives no visa-free entry to the Schengen area: Cyprus does not belong to it. The visa is obtained separately, though EU resident status makes it simpler.

Mode 03

Maintaining the status

Absence from the island for more than two years in a row is a ground for reconsidering the status. Trips are planned in advance.

Mode 04

The rest of the world on your own passport

You travel to third countries on your current passport of citizenship: that is what sets the visa regime, not the residence card.

Sources: Regulation 6(2) of the Interior Ministry of the Republic of Cyprus and the migration law. Cyprus is a member of the European Union but does not take part in the Schengen agreement. Entry rules are set by the receiving states and may change.

05 / The core family only

Who gets the status with you

The application covers the investor, the spouse and children under 18. Students aged 18 to 25 file a separate application; parents have not been included in the programme since 2023. Open a row to see the conditions for each category.

  • Over 18
  • No convictions
  • An annual income from sources outside Cyprus of at least €50,000
  • With valid medical insurance
  • In a registered marriage
  • A spouse adds €15,000 to the annual family income required
  • Natural and adopted children of the applicant and the spouse
  • Join the same application with no further investment
  • Each child adds €10,000 to the annual income required
  • Student children aged 18 to 25 file a separate application on the same investment

06 / Cost

What permanent residence in Cyprus costs

Everything you pay: the property, which stays your asset, and the costs that are not returned - the tax on the transaction, the lawyer, the fees and BRIDGES support. The amounts are recalculated for the family composition below.

New home · from a developer

from€300,000

Investment · 1 person in the application

All-in with fees from €368,215

A spouse and children under 18 join the application with no further investment: each adds only the registration fee and the income requirement. The threshold is counted excluding VAT. Up to two properties can be bought for a total of €300,000 or more.

Buying a flat or a house (stays yours)
€300,000
VAT of 19% on a new home (5% for your own home if you relocate)
€57,000
Transaction lawyer, 1% + VAT
€3,570
Land Department: contract registration and certificates
€75
Application fee, one for the whole family
€500
Alien Registration Certificate (ARC)
€70
BRIDGES all-in support
€7,000
Total all-in
from €368,215
Send me this quote WhatsApp Telegram PDF

Commercial · resale allowed

from€300,000

Investment · 1 person in the application

All-in with fees from €319,815

The composition does not affect the investment: a spouse and children under 18 add only the registration fee and the income requirement. There is no VAT on the resale market: instead of €57,000 in tax, a transfer fee of around €8,600. The property can be let.

An office, shop or hotel (stays yours)
€300,000
Transfer fee on a resale (with the 50% reduction)
€8,600
Transaction lawyer, 1% + VAT
€3,570
Land Department: contract registration and certificates
€75
Application fee, one for the whole family
€500
Alien Registration Certificate (ARC)
€70
BRIDGES all-in support
€7,000
Total all-in
from €319,815
Send me this quote WhatsApp Telegram PDF

Family members

The main applicantInvestment from €300,000, BRIDGES support €7,000
1
SpouseNo further investment; support for a family is €10,000
0
Children under 18No further investment; income +€10,000 per child
0

What BRIDGES support includes

  • Checking the family income and choosing the route
  • Finding the property and the legal check
  • Support with the transaction and payment
  • Proof of income and the document pack
  • Filing the application and answering requests
  • Residence cards for the whole family
2-3
months for the review
€50,000
applicant income per year from abroad
2 years
you can stay away and keep the status

The transaction can be done by power of attorney. You come to Cyprus for biometrics and the medical.

A preliminary calculation under the rules of the Interior Ministry of Cyprus (criteria of 2 May 2023, page updated 18 March 2026). Besides property, two more routes of €300,000 are allowed: the capital of a Cypriot company with an office and at least five employees, and units of a Cypriot investment fund (AIF, AIFLNP, RAIF). Medical insurance for each family member is not included: a Plan A policy costs €120 to €430 a year per person depending on age. Stamp duty has been abolished since 2026. The calculation is not a decision of a state authority: the total depends on the property, the family composition and the document check.

07 / Comparison

Cyprus against other residency programmes

Cyprus is taken for an open-ended status, not for visa-free travel. Here are the main parameters next to the European programmes.

CyprusGreecePortugalMaltaHungary
Investment threshold from€300,000€250,000€200,000€375,000€250,000
The term of the statusOpen-ended5 years2 years5 years10 years
Schengen visa-freeNoYesYesYesYes
Presence requirementA visit every 2 yearsNone7 days a yearNoneNone
Processing time2-3 months4-6 months6-18 months6-8 months4-6 months

The amounts are the minimum thresholds, excluding taxes and fees. The data are given as at the date this page was updated and are checked again before the agreement is signed.

08 / Full cycle

One team for the property and the status

Normally the client assembles this chain alone: an agent shows the property, a lawyer checks the papers, an immigration consultant files the application — and after the purchase the owner is left with the apartment on their own. With us all six steps run in one pair of hands under one contract.

  1. 01

    Selecting a qualifying property

    We calculate the program threshold and shortlist properties that meet it. We also show the ones that do not qualify — and explain why.

  2. 02

    Due diligence and the deal

    Developer, permits, title, encumbrances. Contract, secure settlement and registration in your name — you know every risk before any deposit.

  3. 03

    The status application

    We compile the file, evidence income and source of funds, run the application with the authority and answer their queries until a decision.

  4. 04

    Running the property

    Handover and keys, utilities, insurance, maintenance and control of recurring payments — while you live in another country.

  5. 05

    Letting, if the property sits empty

    Preparation, finding a tenant, the lease and payment control. The asset works instead of waiting for your visit.

  6. 06

    Renewals and exit from the asset

    We handle renewals and the owner’s duties, and when you decide to sell — we prepare the property and run the transaction. The status is retained under the program rules.

One client. One property. One accountable team.

The scope of services, limits of responsibility and fees are set by a separate contract and depend on the country and the property.

Process7 stages

How we run the process

From the first consultation to residence cards for the whole family. At every stage you can see what we do and what you do.

7stages from the check to residence cards are run by us
5simple steps on your side: tell us, sign, choose, pay, come
We doYou doThe state takes part

  1. Before the transaction

    Check and consultation

    We go through your situation: the family composition, the source and structure of the annual income from abroad. We calculate the budget before any costs.

    We do
    • Preliminary check
    • Lawyer consultation
    • Checking the family income
    • Choosing the investment route
    You do

    Tell us about your situation

  2. Agreement and estimate

    If the programme fits, we sign an agreement and fix the estimate for your family.

    We do
    • Agreement
    • Estimate for the family
    • Plan and timeline
    You do

    Sign the agreement

  3. Finding and checking the property

    We find a new home from a developer or a commercial property and check it before the deposit: the developer, the permits, the title and any encumbrances.

    We do
    • Finding properties
    • Checking the developer
    • Checking the title and permits
    • Calculating VAT and fees
    You do

    Choose a property

  4. Transaction and filing

    Transaction and payment

    We sign the sale contract and register it with the Land Department. Payment is made by transfer from abroad from the applicant’s account.

    The state takes part: Land Department

    We do
    • Sale contract
    • Contract registration
    • Payment control
    • Working by power of attorney
    You do

    Transfer the funds

  5. Income and documents

    We prepare proof of the family’s income from abroad: from €50,000 for the applicant, €15,000 for the spouse and €10,000 for each child.

    We do
    • Proof of income
    • Criminal record certificates
    • Translations and apostille
    • Medical insurance
    You do

    Nothing: we handle this stage entirely

  6. Filing and review

    We file the application with the Migration Department and pay the €500 fee for the whole family. The review takes 2-3 months.

    The state takes part: Migration Department · Interior Ministry

    We do
    • Filing the application
    • Answering requests
    • Status tracking
    You do

    Nothing: we handle this stage entirely

  7. After the decision

    Residence cards and keeping the status

    A trip for biometrics and the medical, cards for the whole family. After that we remind you to visit every two years and help let the property.

    We do
    • Biometrics and ARC cards
    • A reminder to visit every 2 years
    • Letting the property
    • Adding family members
    You do

    Come for biometrics

An agreement and estimate for your family

Every stage with timelines and payments. A manager will send the agreement and the estimate.

Get the estimate

Programme terms in plain words - the Cyprus PR glossary

Limassol from above: the seafront and towers by the sea

Permanent residence in Cyprus

The status is open-ended, the property stays yours

You apply once. The property can be let, and keeping the status only takes a visit to Cyprus every two years.

Discuss the programme Calculate the cost
€0kthreshold excluding VAT for the whole family
0yearsyou can stay away and keep the status
0yearsresidence card validity, no new application needed
Real estate69 properties for residence

Real estate for permanent residence

New homes from developers and commercial property from €300,000 excluding VAT. We check the developer, the title and the permits before the deposit and help let the property.

Commercial property in LimassolFor residenceLimassolCommercial property in Limassol2792 m²€320,000Apartment in LimassolFor residenceLimassolApartment in Limassol105 m² · 2 bedrooms€369,000Offices with a roof garden in a new business buildingFor residenceLimassolOffices with a roof garden in a new business building60 m²from €380,000Villa 106 m² in LimassolFor residenceLimassolVilla 106 m² in Limassol106 m² · 2 bedrooms€430,000

11 / Our role

Why people arrange Cypriot permanent residence with us

In Cyprus a refusal most often comes not because of the property but because of the income: the ministry checks its structure and source more closely than the transaction itself.

01

We build the income properly

The family’s annual income from sources outside Cyprus is the main requirement. We look in advance at which receipts will qualify and which will raise questions.

02

We check the developer

The building permits, the title, encumbrances and the developer’s reputation. The primary market is a compulsory condition for residential property.

03

We work out the taxes on the transaction

The VAT at the rate for the particular property, the fees and the annual costs. We show the all-in total before the deposit.

04

We run the status after it is issued

Watching the visits every two years, adding family members, questions of letting and of tax residency on a move.

12 / Team

Who runs the Cypriot permanent residence process

The application is run by a permanent team: the transaction lawyer, a documents specialist and a family coordinator.

Andres FerreiraAndres FerreiraHead of Investment AdvisoryThe strategy for the programme and complex casesMartin DvorzhakMartin DvorzhakDocument Processing SpecialistRunning the application legally and the documentsYan NovakYan NovakWealth Structuring AdvisorThe taxes on the transaction and residencyIrena SokolovskaIrena SokolovskaHead of European PracticeCoordinating the family and contact at every stage

13 / Case studies

Cypriot cases from our practice

Names and details are changed by agreement with the clients; the facts of the cases are real.

How a Family Acquired Two Apartments in Larnaca—One for Personal Use and One for Rental—and Obtained Cyprus Permanent Residence01How a Family Acquired Two Apartments in Larnaca—One for Personal Use and One for Rental—and Obtained Cyprus Permanent Residence
CyprusHow a Family Acquired Two Apartments in Larnaca—One for Personal Use and One for Rental—and Obtained Cyprus Permanent Residencefrom €300k✓ unified family package · status for all threeView the case
How a British Citizen Regained EU Resident Status Through a Commercial Office in Nicosia02How a British Citizen Regained EU Resident Status Through a Commercial Office in Nicosia
CyprusHow a British Citizen Regained EU Resident Status Through a Commercial Office in Nicosiafrom €300k✓ Single transaction · Permanent residence and income-generating officeView the case
How Income from a Delaware LLC Was Confirmed for Cyprus Permanent Residence Using Official US Forms03How Income from a Delaware LLC Was Confirmed for Cyprus Permanent Residence Using Official US Forms
CyprusHow Income from a Delaware LLC Was Confirmed for Cyprus Permanent Residence Using Official US Formsfrom €300k✓ Apartments in Larnaca + income · Status within several monthsView the case
How a Trader Confirmed Income from US Brokerage Accounts and Obtained Cyprus Permanent Residence04How a Trader Confirmed Income from US Brokerage Accounts and Obtained Cyprus Permanent Residence
CyprusHow a Trader Confirmed Income from US Brokerage Accounts and Obtained Cyprus Permanent Residencefrom €300k✓ New villa in Paphos + recognized income · Status within several monthsView the case
How Cyprus Permanent Residence Opened Bank of Cyprus Accounts Where a Passport Created Barriers05How Cyprus Permanent Residence Opened Bank of Cyprus Accounts Where a Passport Created Barriers
CyprusHow Cyprus Permanent Residence Opened Bank of Cyprus Accounts Where a Passport Created Barriersfrom €300k✓ Profile - to local resident · Accounts openedView the case

All cases →

14 / Reviews

Client reviews on Cyprus

Real reviews from the reviews page - with photographs and links to the case behind them.

AlexanderAlexanderBRIDGES client
Cyprus · Permanent residence

My wife and I were obtaining permanent residence and wanted to include our son—he's 22 and studies in Prague. We learned that an adult can be included, but only as a student dependent until age 25.

Read the case
SergeySergeyInvestor
Cyprus · Permanent residence

I obtained lifetime Cyprus Permanent Residence Permit, and then the factory consumed all my time, and I was unable to travel to the island for over two and a half years. The status was revoked for missed visits - despite the fact that my apartment remained there and I paid taxes. I thought I would need to start anew.

Read the case
DmitryDmitryBRIDGES client
Cyprus · Permanent residence

My money is legitimate, but the foundation of my wealth was laid back in the 1990s - and try to prove after thirty years where it came from. Documents from that era are scattered, some in archives.

Read the case
All reviews →

15 / Materials

Useful materials on Cyprus

Materials on Cypriot permanent residence: the requirements for the property and the income, the composition of the application and the order of the transaction.

The main materialPresentation

Permanent residence in Cyprus

The presentation gathers the essentials of the programme: the investment options, the income requirements, the family composition, the documents and how the work is done.

Inside:

  • which properties qualify for the programme
  • how the family’s annual income is evidenced
  • what it costs all in, with the taxes and fees
  • which family members are included in the application
  • which documents will be needed
  • how the transaction is done by power of attorney
  • how work with BRIDGES is organised

PDF · free · current as of August 2026

Which receipts the ministry accepts and which raise questions: salary, dividends, rent, interest.

The list of documents for the applicant and each family member, marking what has to be translated and apostilled.

We calculate the full budget: the property, the VAT or transfer fee, the lawyer, the administrative fees and the insurance for each person.

All the materials are updated regularly by our team and are used when supporting BRIDGES clients.

TimelineOfficial decisions

What has changed in the programme

  1. 2023-05-02

    The income requirements were clarified: from €50,000 for the applicant, with additions for a spouse and children, and the income must come from sources outside Cyprus.

  2. 2024-01-01

    Checks on proof of payment for the property were tightened: the funds must arrive by transfer from abroad from the applicant’s account.

  3. 2026-09-24

    The Deputy Minister of Migration told parliament that about 12,000 permits issued to investors since 2013 are under review and that the programme will be tightened before Cyprus joins Schengen. New requirements have not been published; applications follow the 2023 rules.

  4. 2026-10-13

    Market: September 2026 set a record for sales, with 1,681 sale contracts, 13% more than a year earlier. Foreigners signed 41.9% of contracts, and Larnaca is growing fastest. Home prices rose 8.5% over the year. The programme terms have not changed.

Worth having

Download the Cypriot permanent residence checklist

The short document we give clients before the start: the requirements for the property and the income, the cost structure and the stages - in one list, with nothing padded.

Inside the document

  • The requirements for the property and for proving income
  • The full cost structure with the VAT and fees
  • The current conditions for 2026

We will send it after a short form - no call or obligation.

17 / Questions

Answers to common questions

€300,000 excluding VAT in property. For residential property only the primary market qualifies - a purchase from a developer; the threshold can be met with two properties, including from different developers. For commercial property the secondary market is also allowed. The alternative is the capital of a Cypriot company or fund units for the same amount.

From €50,000 a year for the applicant from sources outside Cyprus, plus €15,000 for a spouse and €10,000 for each child. Proof of income is exactly where applications are most often refused, so we go through the structure of the receipts before filing.

No. The programme sets no requirements as to residence, language or employment. To keep the status it is enough to appear on the island at least once every two years.

No. Cyprus is in the European Union but not in the Schengen area, so travel around Europe needs a visa. That is the main difference from Greece, Portugal and Italy.

A spouse by registered marriage and children under 18. Student children aged 18 to 25 file a separate application on the same investment; parents have not been included in the programme since 2023. The investment threshold does not depend on the composition, but each person adds income requirements, fees and insurance.

A new home carries VAT: 19%, or 5% for your own home if you relocate. A commercial resale carries no VAT, but a transfer fee of around €8,600 instead. On top come the transaction lawyer at around €3,570, the €500 application fee, €70 to register each family member and medical insurance. Stamp duty has been abolished since 2026. The exact budget is fixed before the deposit.

It can only be sold with immediate replacement by a property of the same or higher value. A sale without replacement leads to the permanent residence being revoked, so we plan the deal in advance.

2-3 months from filing to the status - one of the shortest timelines in Europe. Before that come finding the property and the transaction.

Not automatically. Naturalisation requires actual residence - as a rule seven years out of the last ten, with knowledge of Greek. The Cypriot citizenship by investment programme has been closed since 2020.

The status in itself does not make you a tax resident. Residency arises on living in the country for 183 days a year, or under the 60-day rule where its conditions are met. On a move the favourable regimes are available, the non-domiciled status among them - we work them out with a tax adviser.

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.

Or message us on WhatsApp or Telegram

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