Cyprus Residence by Investment

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Program Type:

Residence by Investment

Processing Time:

2-3 months

Citizenship Timeline:

5 years

Permanent Residency Timeline:

Upon approval

Physical Presence Required:

1 day every 2 years

Citizenship Visa-Free Access:

176 countries

Minimum Contribution:

€300,000

Contribution Options:

Bank Deposit, Business Investment, Donation, Fund Investment, Property Investment, Securities Investment

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Cyprus Residence by Investment Programme IMI

Program Overview

Cyprus Residence by Investment

Cyprus is a low-tax, business-friendly jurisdiction that enjoys a warm, Mediterranean climate. Its permanent residence program has a relatively low investment threshold – in a European context – and enables a path to EU citizenship within just over five years of physical residence.

Though applicants must visit the country once every two years to maintain their permanent residency status, the program stipulates no physical presence requirements.

Applicants may include both their nuclear family members as well as their parents in a single application, the processing of which is generally completed within 2-3 months and with very high rates of approval.

Cyprus Residence by Investment

How to Qualify

Prospective participants in the program have four different investment options:

  • €300,000 (plus VAT) investment in new residential property.
  • €300,000 (plus VAT) purchase of up to two new or used non-residential (i.e., commercial) properties.
  • €300,000 investment in the share capital of a company registered and operating in Cyprus, employing at least five people.
  • €300,000 invested in the Cyprus Investment Funds Association’s collective investments (AIF, AIFLNP, RAIF).

Cyprus Residence by Investment

Salient Benefits

  • Path to citizenship
  • Minimal physical presence requirements
  • Permits dual/multiple citizenship
  • Ability to include three or more generations of family members in the application
  • Lower taxes
  • Safety and security
  • Warm climate
  • Enhanced education opportunities
  • Enhanced business access to large economies
  • Short processing time
  • English as official language

Cyprus Residence by Investment

Citizenship Timeline and Requirements

After completing the necessary application steps and completing the background checks, the application will then be examined by the Civil Registry and Migration Department and will be submitted to a permanent secretary of the Ministry of Interior. After receiving approval the applicant will need to visit Cyprus to obtain their ID, and PR card valid for five years.

In order to maintain their permanent residency, applicants must visit once every two years. In order to qualify for citizenship, applicants under the investment program and being physical present in the country for five years (total of 1825 days) of legal stay in Cyprus is entitled to apply for Cyprus Citizenship. The normal route for citizenship is 7 years (total of 2555 days of staying in Cyprus) before applying for citizenship.

Basic knowledge of the language, history and culture of Cyprus will be among the new stricter criteria to be fulfilled before the granting of Cypriot citizenship.

Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.

Cyprus Residence by Investment

Program Authority and Legal Basis

Applications for this program may be directed to Civil Registry and Migration Department.

Legislation upon which this program is based on Regulation 6(2) of the Aliens and Immigration Regulations.

Cyprus Residence by Investment

IMI Pros Who Can Help You

Cyprus Residence by Investment

Qualifying Real Estate

As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:

Cyprus Residence by Investment

Recent Stories About This Destination

Cyprus Residence by Investment

Program Statistics

See more statistics on this program and others in the IMI Data Center.

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