Information made available on this website in any form is for information purposes only. It is not, and should not be taken as advice. You should not rely on, or take or fail to take any action based upon this information. Please do not disregard professional advice or delay in seeking advice because of something you have read on this website. Astons professionals will be pleased to discuss any specific questions you have.

The Cyprus Residency by Investment Program provides a fast-track route for entrepreneurs, investors, and families to obtain a Permanent Residence Permit (PRP). It is one of the quickest and most effective routes to EU residency, taking just six months with no physical residency required.

Once you become a Cypriot resident, the benefits are extraordinary. Not only can you freely visit and live in a country with world-class beaches, fantastic year-round weather, and one of Europe’s most appealing tax residency options, but you will be exempt from the EU’s ETIAS eVisa entry requirement.

Moreover, after five years, you can apply for citizenship and obtain an EU passport that grants access to over 173 countries and territories visa-free. It’s global mobility at its finest, and Cypriot citizenship enables you to live anywhere you chose in the European Union.

The Cyprus Residency by Investment Program is among the few remaining EU Golden Visas and Astons Cyprus Office of officially licensed program and real estate agents handle the entire process, from start to end, and address any questions, such as:

  • What are the investment options for the Cyprus Golden Visa?
  • Can I use property to generate income under the Golden Visa program?
  • Do I have to visit Cyprus at any time to acquire the Golden Visa?

For the Cyprus Golden Visa, it is best to begin with our Free Confidential and Comprehensive Consultation, and Astons’ experts will analyze how your specific wants, needs, goals, and demands align with the program and provide you with the best solutions.

Trust Astons – a better life awaits.

Program Benefits

Fast-track Permanent Residency Program

Processing of application within 6 months

Favorable Non-Domicile tax regime

No defense contribution and capital gains tax

Permanent Residency for entire family

Main applicant, spouse, dependent children up to 25 years, parents and parents in law

Only one visit to Cyprus is required

Applicants must visit Cyprus once for biometric submission.

Simple residency requirements

It is not necessary to reside in Cyprus but PR holders must not be absent for more than 2 years

Residency program with no donation

Property purchase with no government contributions

Only first-time sale properties

Suitable apartments, villas and houses qualifying for the program

Regular rental income

Safe and highly profitable investments, with potential profit from letting your property

Secure environment

“Insurance policy” in case of economic or political stability

Highly efficient process

The application can be processed in the applicant’s absence and filed on their behalf

Eligibility for citizenship

Cyprus PR holders may apply for citizenship in 5 years if all the conditions have been met

Life in the Mediterranean

Mild climate, beautiful scenery and beaches, with 320 days a year of sunshine
Program Requirements

The Cypriot residency program has a number of requirements for applicants:

  • Due Diligence: Documentation required by Cyprus includes: proof of income, criminal background checks, sanction lists checks, birth certificates, marriage licenses, and additional documentation may be requested on a case-by-case basis
  • Health: Applicants must provide proof of health insurance that covers everyone listed on the Golden Visa application
  • Investment Tolerance: Cyprus requires proof of income as well as establishing source of funds.
  • Investment Threshold: The Cyprus Golden Visa has a required minimum investment of €300,000 [approx. $325,000]
  • Investment Options: The Cypriot program is a real estate investment only program
  • Investment Hold: To maintain eligibility for the Golden Visa, the investment must be maintained
  • Physical Presence: Applicants are required to visit Cyprus within one year of receiving PRP to supply biometrics. After which, Golden Visa holders are only required to visit Cyprus once every two years. Cyprus may revoke residency if Golden Visa holders acquire permanent residency in any other country
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    Visa-free travel and Global mobility

    The Cyprus Residency by Investment program can improve your global mobility if it is being considered as the first step towards acquiring citizenship on the island. Cyprus passport holders get visa-free access to over 173 countries, including EU & UK. While holding a Cyprus PR, applicants can easily apply for a Schengen visa and travel across Europe.

    Which is right for me?
    Investment Requirements

    To qualify for the Cyprus Permanent Residency by Investment program, applicants are required to buy a first-time sale residential property or sets of properties to the minimum value of €300,000 (plus VAT, if applicable). First-time sale stands for new properties and not for resales. They must have been bought from a property development company.

    Option 1 / €300,000 purchase of a residential property in Cyprus

    • Purchase of first-time residential property worth over €300,000 (plus VAT).
    • Applicants may buy a combination of real estate projects:
      1. one apartment or house;
      2. two apartments are two houses or a combination of each;
      3. one apartment/house and one commercial shop/warehouse;
      4. one apartment/house and one office.
    • The property must be brand new; no resale property would qualify.
    • Property should be purchased from the developer who built the property.
    • The Contract of Sale must be officially filed at the Cyprus Department of Lands and Surveys.
    • The property can be purchased by a company registered under the applicant’s name or jointly under the applicant and spouse. Applicant / spouse must be sole shareholders.
    • The property can be rented out.

    Option 2 / Additional requirements

    • Applicants should provide supporting evidence of secure annual income from abroad of at least €50,000. Income is increased by €15,000 for the spouse,€10,000 for each minor child of the applicant and/or his/her spouse.
    • Applicants should have no intention to undertake any employment in Cyprus. They can own a business registered in Cyprus and receive dividends from this business.
    • Applicants must have a clean criminal record and should not be in the list of persons whose property is frozen by the EU as a result of sanctions.
    • Applicants must visit Cyprus within 1 year of the date of the PRP to provide biometrics for issuance of PR card. All family members are required to visit Cyprus once every two years.
    • PR holders may have their PRP revoked if they are granted permanent residence in another country.

    Cyprus Residency Acquisition Process

    Astons’ focus is to provide a hassle-free and seamless service, assisting you every step of the way with your property purchase and residency application. The entire process is efficiently managed by top professionals in the industry. We deal with all procedures efficiently on your behalf, based on professional expertise and years of experience.

    3–4 days
    Visit Cyprus to view properties

    Free Consultation with Astons' Experts

    Astons immigration advisers will evaluate your personal circumstances and guide you through each of the program’s stages, helping you to collate and check the required documents, and preparing the suitable property shortlist meeting your requirements and qualifying as investment.


    Property Viewings and Property purchase

    We prepare for you a customised property shortlist consisting of properties matching your own requirements. We encourage applicants to visit Cyprus to view the shortlisted properties, and once the property is selected, we ensure that the purchase process is secure and hassle-free. We make certain that you have satisfied all other requirements, including guiding you in opening a bank account in Cyprus to put your fixed deposit into.

    3–4 days

    Document Preparation

    A detailed checklist will be provided, and you will be guided through the documents collection stage. Experienced immigration advisers will be checking all supporting documents for compliance to ensure all requirements are met.


    Application Submission

    The complete application for a residence permit, along with all supporting documents, will be submitted to the Civil Registry and Migration Department. The decision is made within six months.

    6 mouths
    Processing time

    Application Approval

    Once the application is reviewed and approval is granted, you will be issued with an immigration certificate.


    Residency Card

    Within a year upon approval, the main applicant and all their family members included in the application must visit Cyprus to acquire the permit in person. The PRP holder may request Cypriot citizenship after 5 years (the last 12 months of which, the PRP holder would need to have continuously resided in Cyprus).

    Cyprus Properties to Invest in

    As buying agents, we offer a whole range of services in commercial and residential real estate. We only ever act on behalf of the the investor, enabling our clients to secure the advantage and placing them ahead of the competition, when it comes to finding and obtaining the right property in highly sought after areas.

    Frequently Asked Questions
    What is life like in Cyprus?

    Life in Cyprus is laid-back and peaceful. Summers are dry, and winters are mild, with temperatures rarely falling below 50°F. Numerous famous beaches adorn its shores, including Nissi Beach, Coral Bay, and Golden Beach. Popular outdoor pursuits in and around the island include kayaking, sailing, and trekking through the Troodos Mountains. Enjoy our article – Cyprus: The Ultimate Guide

    What’s the minimum investment for citizenship?
    Why should I opt for a Cyprus residency permit?
    Can I use property to generate income under the Golden Visa program?
    Can Cypriot Golden Visa holders get citizenship?
    What are the obligations for Cypriot tax residents?
    Do I need to visit or reside in Cyprus?
    Are you a licensed agent for Cyprus?

    Why Our Clients Choose Us

    Trust Astons

    33 years of industry leadership and dominance - ASTONS is one of the original firms that molded the investment immigration industry. Founded in London in 1989, Astons has evolved into a family of global companies now headquartered in Dubai.

    Communicate on your terms

    Astons personally serves clients via our global footprint with offices in Istanbul (Turkey), Limassol (Cyprus), Dubai (UAE),Athens (Greece), Fort Lauderdale (USA) and Saint Julians (Malta). As well as, via text message, WhatsApp, Telegram, or email.

    Globally licensed firm

    ASTONS maintains licensed partnerships with the official govermental agencies operating the CBI and RBI programs. ASTONS operates in strict accordance with the laws and regulations of every country where we do business - cooperating with local regulators and government officials. Ensuring no risks for you, your reputation or brand, and your investment.

    Earned reputation

    ASTONS, on average, helps nearly 300 clients a year. With historical totals of:
    More than 9,000 clients
    A clientele from over 50%+ of the world’s nationalities
    $2.6 Billion+ USD in immigration and real estate investments

    100% success rate

    100% of clients who pass the Astons’ due diligence review have their applications approved. The Astons due diligence team of seasoned UK lawyers and industry experts advance our clients’ interests by maintaining direct and constant contact with government officials - leveraging our experience, expertise and methodology of the British law school to conclude the immigration process in our client’s benefit.

    Client focused Service

    ASTONS offers only the best the world of investment immigration and luxury real estate has to offer. We expertly select citizenship and residence programs that can deliver solutions to virtually any client. As well as premium real estate in 11 countries to appease the most discerning buyer or investor. Our experts find the most advantageous solutions to address every client’s wants, needs, and demands.

    Internationally relied upon experts

    ASTONS experts are regularly relied upon by global media outlets and publications to provide expert insights and comments for investment immigration; including: Bloomberg, The Times, CNN, The Telegraph, El Tiempo, El Pais, El Economista, MSN UK, SchengenVisainfo and many others.

    World leader in immigration services

    ASTONS didn’t create the world of immigration investment, we perfected it for the benefit of investors. Astons consistently ranks as a TOP-25 firm in the international immigration industry by Uglobal Immigration Magazine, Best European Citizenship Advisor 2018, and Best Full-Service Investment Immigration Firm 2019.


    Schedule A Free Consultation

    Connect with Astons via our website, email, WhatsApp, or Telegram, to schedule a consultation. Together we’ll find the perfect residency by investment program for you and your family. In the consultation, we will:

    • Define and understand your wants, needs, goals, and demands
    • Create a list of the best strategies and solutions for you
    • Discuss and explain the various investment options available

    Susanna Uzakova

    Citizenship, residence permit and real estate investment expert
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