The Cyprus Residency through Investment Program, updated in June 2023, enables successful applicants and their families to acquire an unrestricted Cyprus immigration permit within two months. Following five years of residency under this permit, investors are eligible to apply for Cyprus citizenship.
As of 2023, applicants can secure permanent residency in Cyprus by investing a minimum of €300,000 in real estate or securities, while demonstrating an annual income of €50,000. Specifically, if the investment involves residential property, the entire income must originate from abroad. However, for other investment avenues, a portion or all of the income can be sourced within Cyprus.
The program underwent revisions on May 2, 2023, including adjustments to the required annual income, exclusion of the applicant’s parents and parents-in-law from acquiring residence simultaneously, and other modifications. The updated requirements are outlined below.
Looking for a smooth path to live in Cyprus with your family? Our Cyprus immigration lawyer team helps investors, HNWIs, founders, and remote executives secure Cyprus residency by investment with clear steps and zero fluff. We guide you from property or business selection to residence card, handling due diligence, filings, and follow-ups. With years of experience, you get fast answers and reliable execution. Talk to our immigration lawyers in the Cyprus team for a quick eligibility check.
EU location, Mediterranean lifestyle, low crime, strong schools, and quality healthcare. English is widely spoken, business is straightforward, and the tax environment is attractive for international families and companies. While Cyprus is in the EU, it offers stable residency and a great base for travel and work-life balance. Ask our team how these factors fit your plan.
Unrestricted entry and residence in Cyprus
Eligibility for the applicant’s spouse and dependent children
Access to healthcare through the General Healthcare System
Limited work rights, mainly pertaining to investing in company shares as directors
Appointment of the applicant and/or spouse as unsalaried directors of companies
We’ll map the benefits to your goals in a short call.
You’ll need:
We’ll run a fast pre-screen to confirm eligibility.
Quick call to confirm goals, eligibility, and documents. We outline your pathway.
Choose between real estate or alternative investment routes, based on budget and timing. Visit our real estate lawyers in Cyprus section for more info.
Complete source-of-funds and compliance screening to avoid delays later.
Sign reservation or purchase documents; we handle legal due diligence and contract terms.
Compile forms, proofs, translations/apostilles, and payment receipts into a complete dossier.
We file your application with the authorities and confirm the lodgement details.
Attend biometrics (we schedule and prep you for the visit).
Authorities review and issue an approval or request further info; we manage any follow-ups.
Collect your PR card and receive post-approval guidance on compliance/renewals.
Note: legalization/translation (apostille) often required. We’ll send a tailored checklist within 24 hours.
Speak to our senior Cyprus immigration lawyer for a quick eligibility check and tailored action plan.
Get an eligibility assessment, a refined document checklist, and a tailored investment shortlist. Contact us via secure form or phone. Start now and move closer to your Cyprus golden visa.