Cyprus Permanent Residency by Investment
Explore the Cyprus Permanent Residency by Investment Program: real estate routes, fast-track process, EU access, and long-term benefits.
average processing
Investment amount
EUR 300,000
Visa free countries
Residency only (Schengen Access opportunity)
Passing Citizenship to Future Generation
Yes
About Program
The government-endorsed Cyprus Permanent Residency by Investment program, officially Regulation 6(2), allows non-EU nationals to obtain permanent residency through approved investments. With a focus on stimulating economic growth, the program attracts foreign investors seeking EU residency by investment, without the need to physically reside in Cyprus.
This route is particularly attractive for global families and entrepreneurs looking for a secure base within the European Union while maintaining flexibility and mobility.
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Program Benefits
The benefits of Cyprus residency extend far beyond the Mediterranean lifestyle. Here’s what investors can expect from this program:
- Residency in an EU Member State
Cyprus has one of the fastest EU residency by investment programs, granting Permanent Residency (PR) in about 2 months. - Inclusion of Family Members
Include spouse, minor children, unmarried adult children (up to 25), and dependent parents of both spouses under one application. - No Physical Residency Requirement
There is no need to live in Cyprus. A single visit every two years is sufficient to maintain your Cyprus permanent resident permit. - Access to Quality Education and Healthcare
PR holders can access Cyprus’s reputable private schools and medical services, offering European standards of living. - Strategic Business Location
As a hub between Europe, Asia, and Africa, Cyprus provides excellent conditions for international business operations. - Tax-Efficient Environment
Cyprus has one of the most attractive tax regimes in Europe, including exemptions on dividends and foreign income.
Pathway to Citizenship
Although the PR route is not direct citizenship, long-term residents may eventually qualify for naturalization under standard conditions.
Requirement and Eligibility
General Requirements:
- Clean Criminal Record: From the applicant’s country of origin and residence.
- Visit to Cyprus: At least once every two years.
- Valid Passport and Health Insurance: For the applicant and dependents.
- Proof of Funds: To demonstrate a stable income source from abroad.
Documentation Includes:
- Passport copies
- Property contracts or share certificates
- Bank confirmations
- Medical insurance
- Affidavit of income
Investment Options
To qualify under the Cyprus investment options for residency, applicants must invest a minimum of EUR 300,000 (plus VAT) in one of the following categories:
About
Cyprus
Cyprus is a thriving EU island nation with over 300 days of sunshine a year, excellent infrastructure, and a high standard of living. English is widely spoken, and the legal system is based on English Common Law, ensuring familiarity for international investors. Strategically located at the crossroads of three continents, Cyprus offers a unique balance of lifestyle, investment opportunity, and geopolitical access.
Capital
Nicosia
Total Area
9,251 km2
Population
1.25 m.
Language
Greek , Turkish
Timeline
The Cyprus residency program offers a streamlined and transparent process, typically completed within two to three months. Below is a step-by-step overview of the key stages, from your initial consultation to receiving your Cyprus permanent resident permit. With expert guidance and timely preparation, the path to EU residency is both efficient and predictable.
Day 1
Consultation with Mirabello Consultancy
Your journey begins with a strategic consultation with Mirabello Consultancy, an authorized advisor for the Cyprus residency program. During this session:
- Your eligibility and residency goals will be assessed.
- Available Cyprus investment options for residency will be discussed.
- The full process, Cyprus PR requirements, and timeline will be clearly explained.
Weeks 1-4
Document Preparation
During this stage, Mirabello Consultancy will assist you in preparing all necessary documentation, including:
- Personal Documents: Passports, birth/marriage certificates (if applicable).
- Proof of Income: Documents showing secure income from abroad (minimum €50,000/year for the main applicant).
- Medical Certificate: Statement confirming good health.
- Property or Investment Agreement: Purchase contract or share certificate.
- Application Forms: All official forms completed and signed.
Weeks 5–6
Application Submission
Once documentation is complete, your application will be submitted to the Civil Registry and Migration Department in Cyprus. This includes:
- Submission of investment proof (e.g., Cyprus real estate residency contracts).
- Government application fee payment.
- Filing of biometric data appointment request
Weeks 7–10
Review and Approval
Authorities conduct a detailed review of your file and verify compliance with the Cyprus PR requirements.
- There are no interviews or personal presence required during review.
- You will receive an official approval letter if all conditions are met.
- Processing usually takes 4–6 weeks from submission.
Week 11
Biometrics and Residency Card Collection
Upon approval, you must visit Cyprus to:
- Submit biometric data (fingerprints, signature, and photo).
- Receive your Cyprus permanent resident permit in card format.
- Visit may include inspection of the investment property, if applicable.
Schedule your free consultation today and secure your future!
Schedule free consultation now and explore how we can assist you on your investment journey.
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Country taxes
Cyprus offers a highly favorable tax environment for individuals and businesses, making it one of the most attractive jurisdictions in the European Union for international investors. The country’s tax framework is aligned with EU standards while providing substantial incentives for foreign residents, including those holding a Cyprus permanent resident permit.
Key Tax Benefits for PR Holders
- No Inheritance or Wealth Tax
Cyprus does not impose inheritance tax, gift tax, or tax on global wealth—allowing you to preserve and transfer wealth efficiently. - Non-Domicile Tax Regime
Investors who obtain PR status and are classified as non-domiciled residents can enjoy exemption from taxes on dividends and interest income for 17 years. - Low Corporate Tax Rate
Cyprus maintains one of the lowest corporate income tax rates in the EU at 12.5%, making it an ideal base for international business operations. - No Tax on Foreign Income
Foreign-sourced income, including pensions, dividends, and capital gains from outside Cyprus, is generally not taxed for non-domiciled residents. - Double Taxation Treaties
Cyprus has an extensive network of double taxation treaties with more than 65 countries, ensuring that income is not taxed twice. - Capital Gains Tax (CGT)
CGT applies only to the sale of property located in Cyprus. Gains from the sale of shares and overseas real estate are exempt.
Value Added Tax (VAT)
The standard VAT rate is 19%, with reduced rates of 5% or 9% for essential goods and services. For first-time property buyers, a reduced VAT of 5% may apply.
Country dual citizenship
Cyprus permits dual citizenship, allowing investors to retain their original nationality while enjoying the full rights of permanent residency or, in the future, citizenship under naturalization. Holding dual status enables individuals to benefit from the Cyprus residency program without renouncing existing ties. It offers enhanced global mobility, access to the EU market, and a flexible lifestyle across multiple jurisdictions. This legal provision makes Cyprus especially attractive for international investors seeking EU residency by investment while maintaining freedom of movement and uninterrupted business or family commitments worldwide.
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Citizenship Acquisition Process
Step 1: Initial Consultation
We assess your goals and eligibility for Cyprus immigration investment and help you select the optimal investment route.
Step 2: Investment and Documentation
Secure your chosen investment—typically Cyprus real estate residency—and prepare the required legal documentation.
Step 3: Application Submission
We submit your application to the Civil Registry and Migration Department on your behalf.
Step 4: Review and Approval
Authorities conduct a background check and verify compliance. A decision is typically issued within 2 months.
Step 5: Biometric Submission and PR Card Issuance
Once approved, you and your family will visit Cyprus to submit biometrics and collect your Cyprus permanent resident permit.
Have questions? We have answers
How can I get permanent residency in Cyprus through investment?
You can obtain Cyprus permanent residency by investing a minimum of €300,000 (plus VAT) in government-approved real estate or other eligible investment categories and meeting the required income and documentation criteria.
What are the benefits of Cyprus permanent residency for my family?
The program allows you to include your spouse, children under 25, and both sets of parents. It offers access to Cyprus’s healthcare, education, EU lifestyle, and long-term security without physical residency obligations.
How long does it take to get Cyprus residency by investment?
The entire process typically takes 2 to 3 months, from initial consultation and investment to receiving your Cyprus permanent resident permit.
What are the tax advantages of being a Cyprus resident?
Cyprus offers a highly competitive tax regime. Non-domiciled residents benefit from exemptions on dividends and interest income for up to 17 years. There is no inheritance tax, no wealth tax, and no taxation on foreign-sourced income. Additionally, the corporate tax rate is one of the lowest in the EU at 12.5%, making Cyprus an attractive destination for both individuals and international businesses.