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Cyprus · Permanent residence · fast-track

Cyprus Permanent Residence

Straight to permanent: €300,000 in new-build property delivers lifelong Cypriot PR for the family — no temporary stage, no language test, one visit every two years.

€300,000+
Investment amount
9+ months
Obtaining period
For life
PR validity
Get your exact quote

Why it works

6 things Cyprus Permanent Residence buys

1
Permanent, day one

No 2-year cards — the status is lifelong from approval, like Malta's.

2
An asset that rents

New-build Cypriot property with 4–5% yields and a decade of price growth behind it.

3

Near-zero presence

One visit every two years keeps the status alive.

4

Non-dom tax play

Cyprus non-dom residents pay zero on dividends and interest for 17 years — the quiet giant of EU tax planning.

5
Whole family

Spouse and children under 25 (students) on one investment.

6
Citizenship prospect

Eight years of genuine residence opens naturalisation — recently modernised rules.

Who joins

Cyprus Permanent Residence: one application, the whole family

Investor
  • Over 18, non-EU
  • €300,000+ from abroad into new property
  • Secure annual income €50,000+ from outside Cyprus
Spouse
  • Included; +€15,000 income requirement
Children
  • Under 18 automatically
  • 18–25 students, dependent, +€10,000 income each
Parents
  • No longer eligible under current rules — the honest print

The requirements

The qualifying investment

The route

New residential property — €300,000 + VAT

€300,000+

First-sale residential real estate from a developer (up to two units summing €300k). Resales don't qualify; commercial variants exist for edge cases. Funds must arrive from abroad.

Procedure

Four steps to your Cyprus Permanent Residence card

1
Preliminary Due Diligence 1 day · free

Confidential screening against the databases the authorities use — refusal causes caught before anything is signed or paid.

2
Documents & structuring 2–6 weeks

Checklist, translations, apostilles — and the qualifying basis (income, company or asset) papered to the officer's standard.

3
Filing & biometrics varies

Submitted through the official channel, biometrics scheduled; we track the file weekly and answer requisitions same-day.

4
Cards & renewals ongoing

Approval, cards for the whole family, and a renewal calendar we run so the status never lapses.

The honest map

What the Cyprus Permanent Residence brochures skip

The fine print
  • Parents were removed from eligibility — brochures still selling three generations are out of date
  • Cyprus is EU but NOT Schengen yet — travel rights differ from Greece or Malta until accession completes
  • Sell the property and the PR dies — the asset is the status
Why it clears files
  • Direct PR at the second-lowest price in Europe after Malta
  • The non-dom regime: 0% on dividends and interest for 17 years — worth more than the permit for many files
  • New-build stock means developer warranties and clean title — we vet the pipeline weekly

FAQ

The questions that decide Cyprus Permanent Residence files

Do I ever have to live in Cyprus? +

One visit every two years maintains the PR. Tax residency (and the non-dom benefits) starts at 60 days under the special regime.

Why new-build only? +

The law channels investment to developers — resale property doesn't qualify. VAT of 5% applies on a first primary residence, 19% otherwise.

Is Cyprus in Schengen? +

Not yet — EU member, Schengen accession in progress. Your PR is Cypriot, travel to Schengen still runs on your passport today.

Path to a passport? +

Eight years of genuine residence, with language and integration — or pair the PR with a direct citizenship programme and skip the wait.

The Limassol + Caribbean play

Cyprus delivers lifelong EU-country status and the non-dom tax shelter; a Caribbean passport covers global mobility while Schengen accession completes. Compare the passports →

Sequence both in one orientation session

Alternatives

Alternatives to the Cyprus Permanent Residence worth your shortlist

Portugal Golden Visa
Funds ~10%
€250,000+
12+ mo
  • Deep-dive page with live numbers
Learn more: Portugal Golden Visa
Greece Golden Visa
Real estate
€250,000+
4+ mo
  • Deep-dive page with live numbers
Learn more: Greece Golden Visa
Hungary Golden Visa
10+10-yr card
€250,000+
5+ mo
  • Deep-dive page with live numbers
Learn more: Hungary Golden Visa
Malta Permanent Residence
Lifelong PR
€169,000+
6–12 mo
  • Deep-dive page with live numbers
Learn more: Malta Permanent Residence

Cyprus Permanent Residence, priced for your family.

Free preliminary Due Diligence, the document checklist, and your exact all-in number — before any engagement fee exists. Reply within one business day.

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