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Permanent residence in Cyprus, an English-speaking EU member state, from a EUR 300,000 investment in property, a Cyprus company or an investment fund. The Migration Department estimates about two months to examine a complete application, and one visit every two years keeps the permit.
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Answer and evidence
Cyprus grants permanent residence from a EUR 300,000 investment in new residential property (plus VAT), other real estate, a Cyprus company or a Cyprus investment fund, with secure income from abroad of EUR 50,000 a year. The Migration Department estimates about two months to examine a complete application; one visit every two years keeps the permit.
Overview
Cyprus Permanent Residency grants residence permit in exchange for a qualifying investment from €300,000. The programme is government-authorised and administered through licensed advisers such as Mirabello Consultancy.
Cyprus grants permanent residence from a EUR 300,000 investment in new residential property (plus VAT), other real estate, a Cyprus company or a Cyprus investment fund, with secure income from abroad of EUR 50,000 a year. The Migration Department estimates about two months to examine a complete application; one visit every two years keeps the permit.
The Cyprus Permanent Residence programme grants fast-track permanent residence to non-EU investors and their families. It is governed by Regulation 6(2) of the Aliens and Immigration Regulations (the fast-track investor criteria, 4th revision dated May 2023). The outcome is permanent residence, not a passport: the residence right has unlimited validity and the residence card is replaced every ten years. Cypriot citizenship is a separate, later step.
The minimum qualifying investment is €300,000 in one of four categories: up to two new houses or apartments bought from a developer (plus VAT); other real estate such as offices, shops or hotels, where resales qualify; the share capital of a Cyprus company with a physical presence and at least five employees; or units in a qualifying Cyprus investment fund. Applicants must also show secure annual income from abroad of at least €50,000, increased by €15,000 for a spouse and €10,000 for each dependent child. Government fees are €500 per application plus €70 per person for the residence registration certificate.
On the Mirabello Investment Migration Index Cyprus scores well on speed and family terms. Investors frequently compare it with the Greece Golden Visa and the Malta Permanent Residence Programme. Every figure is provenance-tracked and confirmed against the Cyprus Migration Department and the Cyprus Ministry of the Interior. This is information, not advice; a Mirabello specialist confirms the current terms for your circumstances.
Investment routes
The Cyprus Permanent Residency programme offers 4 approved investment routes, each independently verified by the Mirabello data team against official government sources. Minimum required investment starts from €300,000. A Mirabello specialist will confirm which route best matches your nationality, family composition, budget and preferred timeline.
| Route | From | Type |
|---|---|---|
| New Residential Property Purchase | €300,000 | real estate |
| Non-Residential / Commercial Property | €300,000 | real estate |
| Shares in a Cyprus-Registered Company | €300,000 | business |
| Cyprus Collective Investment Organisation | €300,000 | fund |
Cost calculator
Most advisers quote the headline investment figure only. Choose your route and family, and see the complete government-side cost, the investment plus every mandatory official fee, itemised line by line, so the number you budget is the number you pay.
Last updated 2026-10-01
On the New Residential Property (first sale from developer) route. Every figure below is an official government-side cost, computed by the same engine that powers the calculator and the Mirabello data API.
| Line item | Amount (EUR) |
|---|---|
| New Residential Property (first sale from developer), minimum investment | €300,000 |
| Immigration Permit application fee (per application) | €500 |
| Aliens Registration Certificate (ARC), Main applicant | €70 |
| Aliens Registration Certificate (ARC), Spouse | €70 |
| Aliens Registration Certificate (ARC), Child (age 10) | €70 |
| Estimated government-side total | €300,710 |
Plus 3 official fee(s) we hold as being re-verified against the source and therefore exclude from the total above: Private medical insurance, Main applicant; Private medical insurance, Spouse; Private medical insurance, Child (age 10). A specialist confirms these for your family.
MCPCyprus Permanent Residency is scored by the Mirabello Investment Migration Index across seven dimensions: investment cost, visa-free mobility, processing speed, path to citizenship, regulatory stability, family inclusion and tax treatment. A higher composite score signals a more competitive, accessible and well-regulated programme.
Scored on cost, mobility, speed, path, stability, family and tax.
Our read: Cyprus grants permanent residence from a EUR 300,000 investment in new residential property (plus VAT), other real estate, a Cyprus company or a Cyprus investment fund, with secure income from abroad of EUR 50,000 a year. The Migration Department estimates about two months to examine a complete application; one visit every two years keeps the permit. Strategic perspective, advisory only; figures provenance-tracked, unconfirmed items flagged for verification.
A four-question indicative check to see whether this programme fits your profile. A Mirabello specialist then reviews your nationality, family structure, budget and timeline in full confidence, confirming your detailed eligibility and which investment route best suits you, at no cost and with no obligation.
Based on your answers, Cyprus Permanent Residency looks worth a closer look. A Mirabello specialist will map the precise route to your nationality, family and tax position.
Book a free consultationHow it compares
The table below compares Cyprus Permanent Residency against its closest alternatives, scored on the Mirabello Investment Migration Index across cost, visa-free mobility, processing speed, regulatory stability and path to citizenship. All investment figures and processing times are sourced from official government data and independently verified by the Mirabello data team.
Sourced live from the MirabelloMCP · | Programme | From | Timeline | Min. stay | Mobility | Outcome |
|---|---|---|---|---|---|
| 🇨🇾 Cyprus Permanent Residency | €300,000 | About 2 months | One visit every 2 years | EU member state | Residence permit |
| 🇲🇹 Malta Permanent Residence (MPRP) | €99,000 | No official figure | None | Visa-free travel within Schengen Area | Residence permit |
| 🇬🇷 Greece Golden Visa | €250,000 | 3-9 months | None | Schengen Area | Residence permit |
| 🇲🇹 Malta Global Residence Programme (GRP) | €220,000 | 3-6 months | None | Visa-free travel within Schengen Area | Residence permit |
Questions
The questions below cover Cyprus Permanent Residency investment costs, processing timelines, eligibility and family inclusion, minimum-stay requirements, the path to citizenship and tax obligations. All figures are provenance-tracked against official sources; where a threshold is time-sensitive, the verified date is shown alongside the answer.
Figures verified against official sources, provenance-tracked, information, not advice · Last updated 2026-10-01
The minimum qualifying investment is EUR 300,000 in one of four categories: new residential property from a developer (plus VAT), other real estate such as offices, shops or hotels, the share capital of a Cyprus company with at least five employees, or units in a qualifying Cyprus investment fund. You must also show at least EUR 50,000 in secure annual income from abroad, plus EUR 15,000 for a spouse and EUR 10,000 per dependent child. Government fees are EUR 500 per application plus EUR 70 per person for the residence registration certificate.
The Migration Department estimates about two months to examine a complete application, counted from the submission date. Choosing and completing the investment and gathering documents come before that, and biometrics and card issue follow, so allow several months end to end. Timelines vary with application volumes.
No. There is no minimum number of days per year. The permit lapses if you are absent from Cyprus for two years, so visit at least once every two years. If you live abroad, you are expected to take up residence in Cyprus within one year of approval.
The permit covers your spouse and children under 18. Unmarried children aged 18 to 25 who study abroad and depend on you financially apply separately, with their own fee and EUR 10,000 of extra annual income each; other adult children can be included only with an additional EUR 300,000 investment each. Parents are not eligible under the Cyprus permanent-residence route.
Not automatically. Cyprus is an EU member state but is not in the Schengen Area, so the permit does not itself grant Schengen free movement. Travel within Schengen follows the usual short-stay visa rules.
It can, but not automatically. Naturalisation requires 12 months of continuous legal residence immediately before applying, plus at least seven years of legal residence in the preceding ten years (eight years in total), Greek at B1 level and knowledge of Cyprus's political and social life, good character and the intention to reside in Cyprus. Permanent residence is the first step, not a guarantee.
Tax applies if you become a Cyprus tax resident. Since the 2026 tax reform, the first EUR 22,000 of a resident's income is tax-free and the rest is taxed progressively up to a top rate of 35%. Capital gains on Cyprus immovable property are taxed at 20%. Non-residents are taxed only on Cyprus-sourced income. Tax outcomes are individual; seek independent advice.
Estate planning
A residence permit in Cyprus does not change your nationality and adds no law you can elect under EU Regulation 650/2012 (Article 22). If you come to live in Cyprus, the law of Cyprus may govern your estate by default under Article 21, unless you elect the law of a nationality you already hold. The permit changes no tax position.
The law of Cyprus has forced heirship: part of the estate is reserved for close family and cannot be left freely by will.
See the Cyprus position in our succession matrix, or read which law governs your estate. General information, not legal advice.
The primary official sources the Cyprus Permanent Residency figures on this page are verified against. Where a mandatory fee is not in a published schedule, it is marked as disclosed by Mirabello from case experience.
Book a confidential, no-obligation consultation with a Mirabello investment migration specialist, in your own language. We will confirm which programme fits your profile, your budget and your timeline, and outline the precise path to your second citizenship or residence permit, at no cost and with no commitment.
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