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.
Why it works
6 things Cyprus Permanent Residence buys
No 2-year cards — the status is lifelong from approval, like Malta's.
New-build Cypriot property with 4–5% yields and a decade of price growth behind it.
Near-zero presence
One visit every two years keeps the status alive.
Non-dom tax play
Cyprus non-dom residents pay zero on dividends and interest for 17 years — the quiet giant of EU tax planning.
Spouse and children under 25 (students) on one investment.
Eight years of genuine residence opens naturalisation — recently modernised rules.
Who joins
Cyprus Permanent Residence: one application, the whole family
- Over 18, non-EU
- €300,000+ from abroad into new property
- Secure annual income €50,000+ from outside Cyprus
- Included; +€15,000 income requirement
- Under 18 automatically
- 18–25 students, dependent, +€10,000 income each
- No longer eligible under current rules — the honest print
The requirements
The qualifying investment
New residential property — €300,000 + VAT
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
Confidential screening against the databases the authorities use — refusal causes caught before anything is signed or paid.
Checklist, translations, apostilles — and the qualifying basis (income, company or asset) papered to the officer's standard.
Submitted through the official channel, biometrics scheduled; we track the file weekly and answer requisitions same-day.
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
- Parents were removed from eligibility — brochures still selling three generations are out of date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
- 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 →
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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.