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Cyprus Permanent Residency is granted from a EUR 300,000 real-estate investment, typically within ~2 months. It provides EU permanent residence for the family with a minimal visit requirement (once every two years).
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Overview
Cyprus Permanent Residency is a government-authorised residency by investment programme that grants residence permit in exchange for a qualifying investment in the country. It is regulated by the government's investment authority and administered through licensed advisers such as Mirabello Consultancy. Minimum investment starts from €300,000.
Cyprus Permanent Residency is granted from a EUR 300,000 real-estate investment, typically within ~2 months. It provides EU permanent residence for the family with a minimal visit requirement (once every two years).
The Cyprus Permanent Residence programme grants fast-track, indefinite permanent residency to non-EU investors and their families, in one of the quicker European routes. It is governed by Regulation 6(2) of the Aliens and Immigration Regulations (the fast-track investor category, 4th revision dated May 2023) []. The outcome is permanent residence, not a passport; Cypriot citizenship is a separate, later step.
The minimum qualifying investment is €300,000 plus VAT [] in one of four categories: a new residential property bought from a developer; other (including commercial) real estate; the share capital of a Cyprus-registered company with 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 minor child [].
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 Civil Registry and 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 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.
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 5 official fee(s) we hold as being re-verified against the source and therefore exclude from the total above: Private medical insurance, Main applicant; Additional family-member fee, Spouse; Private medical insurance, Spouse; Additional family-member fee, Child (age 10); Private medical insurance, Child (age 10). A specialist confirms these for your family.
MCPScored on cost, mobility, speed, path, stability, family and tax.
Our read: Cyprus Permanent Residency is granted from a EUR 300,000 real-estate investment, typically within ~2 months. It provides EU permanent residence for the family with a minimal visit requirement (once every two years). Regulatory status: . 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 | 4-6 months | Must visit Cyprus at | 174 visa-free | Residence permit |
| 🇦🇱 Albania Residence by Investment | €100,000 | Approx. 10-25 working days for the residence-permit decision once documents are complete | Maintaining residence | n/a | Residence permit |
| 🇪🇨 Ecuador Investor Residence | $48,200 | ~60 days from application to approval | During temporary stage: | n/a | Residence permit |
| 🇧🇷 Brazil Residence by Investment | BRL 700,000 | n/a | Very light | 170 visa-free | Residence permit |
Questions
The Cyprus Permanent Residency programme starts from €300,000 via Real-estate investment.
Indicative processing time is 4-6 months (one of the fastest in Europe).
Must visit Cyprus at least once every 2 years to maintain the permanent residence permit. No ongoing minimum days per year.
8 years of legal residence in Cyprus. Must be physically present for the majority of those 8 years. Must pass basic Greek language exam (A2 level). Cypriot passport offers 177 visa-free countries.
The minimum qualifying investment is EUR 300,000 plus VAT in one of four categories: a new residential property from a developer, other or commercial real estate, 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 minor child. Figures are.
Processing is typically around 4-6 months, making it one of the faster permanent-residence routes in Europe. Timelines depend on document readiness and the current caseload at the Civil Registry and Migration Department ().
No. There is no minimum number of days per year. To keep the permit valid you need only visit Cyprus at least once every two years.
The investment covers your spouse and minor children, and unmarried children aged 18-25 in full-time education. 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. Cypriot citizenship by naturalisation is possible after eight years of legal residence with genuine presence and a basic (A2) Greek-language exam. Permanent residence is the first step, not a guarantee.
Tax applies if you become a Cyprus tax resident. Resident income is taxed progressively, with the first EUR 19,500 tax-free and a top rate of 35%, and capital gains on Cyprus immovable property at 20%. Non-residents are taxed only on Cyprus-sourced income. Tax outcomes are individual; seek independent 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.
Book a free consultation