29

schengen countries to explore (following accession)

€300,000

minimum requirement

6-9

months processing time

Cyprus offers one of Europe’s most accessible and efficient permanent residence programs, combining a strategic geographic location, high quality of life, and the security of a stable EU framework. With a minimum investment in real estate, families can secure permanent residency in Cyprus, gaining lifelong residence rights in an EU member state with excellent infrastructure, English-speaking private education, and a welcoming Mediterranean lifestyle. Cyprus also enjoys one of the lowest crime rates in the European Union, along with access to high-quality healthcare and international-standard education institutions.

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From a financial perspective, Cyprus remains highly competitive. There is no inheritance tax, and non-domiciled residents benefit from zero taxation on global dividends, interest, and capital gains. Additionally, intellectual property income is taxed at just 2.5%, making Cyprus one of the most attractive jurisdictions in Europe for wealth management, tax planning, and business structuring.

The Cyprus Permanent Residence Program is an attractive option for those seeking greater global mobility, security, and long-term EU access, all without the requirement to physically relocate.

Cyprus Permanent Residency – A Strategic Gateway to Europe

Cyprus offers a high quality of life with a warm Mediterranean climate, low crime rates, and excellent healthcare and education. English is widely spoken, making it an easy transition for international families.

Cyprus is progressing toward joining the Schengen Zone, with accession expected by 2026. Once a member, Cyprus residents will benefit from visa-free travel across the Schengen Area.

You can include a spouse/partner and dependent children up to age 25 under a single application.

Who Can Get Cyprus Residency

  • Firstly, over 18 years old
  • Also, must not be an EU national
  • Next, need to show proof of a clean criminal record
  • Finally, must provide evidence of the source of funds

  • First, over 18 years old
  • Second, must not be an EU national
  • Last, needs to show proof of a clean criminal record

Financially dependent minor children

Children up to age 25 enrolled in education and financially dependent

Program Requirements

To qualify for the Cyprus Residency-by-Investment Program, you must fulfil investment criteria and meet other requirements:

OPTION 1. Purchase Real Estate

Purchase new residential real estate in Cyprus with a minimum value of €300,000 + VAT. 

  • The property must be new; resale properties do not qualify.
  • You are permitted to purchase one or two properties
  • The property should be purchased from a developer
  • The Contract of Sale must be officially filed at the Cyprus Department of Lands and Surveys.
Other Requirements and Benefits

You must have a clean criminal record and proof of an annual income of at least €50,000 from abroad, plus an additional €15,000 per spouse and €10,000 per child.

Applicants must visit Cyprus within 1 year of approval to provide biometrics for issuance of the PR card. All family members are required to visit Cyprus once every two years to maintain the status.

Speak To An Expert

The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.

The Latitude Group is a global leader in Residence and Citizenship by Investment. Our IMC-certified professionals are specialists in cross jurisdictional citizenship and residence planning. Moreover, we have more collective invesment migration industry experience than any other international firm.

Speak To An Expert

Application Process

  • Week 1

    Client onboarding process

    We begin our process with Form 1 — Latitude’s initial due diligence screening — to ensure the client is a suitable fit for both our firm and the relevant program. Following successful completion of this screening, we issue the Client Agreements to proceed to the next stage of the application.

  • Month 1

    Application review and submission

    We will prepare and share a customised property shortlist tailored to your personal requirements. You will have the option to select a property remotely or through in-person viewings during a visit to Cyprus.

    Our team will provide you with a detailed document checklist and full support throughout the process. Once all documentation is in order, we will submit the completed application to the Civil Registry and Migration Department on your behalf.

  • Month 6-9

    Residency approved and permit cards issued

    Once the Certificate of Approval is issued, you will have 12 months to visit Cyprus in order to collect your residence permit cards.

Frequently Asked Questions

With a Cyprus residency, you’ll have access to a thriving European Union (EU) country, a comfortable climate, relaxed pace of life and excellent business opportunity. Additionally, there are stunning surroundings, plus excellent schools, and public healthcare as well.

With Cyprus permanent residency, you gain the right to live in a safe, stable, and thriving EU country, enjoying a unique combination of lifestyle and business benefits.

Benefits include:

  • Visa-free access to Cyprus, an EU member state with a strong legal and financial framework

  • A warm Mediterranean climate and relaxed pace of life ideal for families and retirees

  • English-speaking education and high-quality international schools

  • Access to public and private healthcare with EU standards

  • A growing economy with attractive business and tax opportunities

  • Safe environment with one of the lowest crime rates in the EU

  • Beautiful coastal surroundings, modern infrastructure, and a welcoming expat community

Whether you’re looking to relocate, establish a business base, or simply secure a strategic “Plan B,” Cyprus offers a well-balanced and future-proof residency option.

The minimum requirement for this  is €300,000, through a new property purchase in Cyprus.

The minimum requirement for this Residency by Investment program is €300,000, which must be invested in a new residential property in Cyprus. The property must be purchased from a developer and can be used either as a primary residence or a holiday home.

If all requirements are met and your documentation is in order, the Cyprus Permanent Residency application is typically processed within six to nine months.

This timeframe includes:

  • Initial due diligence and document preparation

  • Submission to the Civil Registry and Migration Department

  • Review and approval of the investment and background checks

  • Issuance of the residency certificate and permit cards

Those who can be included within your application are as follows:

• Your non-EU citizen spouse or partner
• Children under the age of 18
• Children over 18 who are financially dependent

Speak to one of our global experts and begin your journey today

Enjoy end-to-end support throughout the residence journey — from identifying and securing a qualifying property to managing every detail of the application process. Our team brings decades of experience and a track record of success, ensuring a smooth, efficient, and secure investment migration experience tailored to your needs.

  • 29 schengen countries to explore (following Schengen accession) and eligibility, after physical residence, for a powerful EU passport
  • €300,000 minimum requirement
  • 6-9 months processing time
  • World-class healthcare & education

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