Application Inquiry
Updated on April 29, 2026
Cyprus Permanent Residency by Investment
€300,000
Minimum investment
From 8 Months
Processing time
Lifetime Status
EU residency
Maximum Freedom
No stay required
About Cyprus Residency by Investment
A New Chapter of Life in Europe
Cyprus offers investors a simplified and fast-track route to obtaining permanent residency, making its Golden visa program one of the most efficient in Europe.
By investing from €300,000 + VAT in new developer property, you and your family gain the right to reside on the island and access the key benefits of EU residency, including education, healthcare, and financial services.
Cyprus is currently progressing toward joining the Schengen Area, which could eventually allow its residents visa-free travel across all 29 Schengen countries.
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With our team, you can purchase a high-demand property and obtain Cyprus permanent residency within 8–12 months.


Discover All Program Benefits Cyprus Permanent Residency
Oksana Kogut
Head of Sales Cyprus
Investment Options for Cyprus Residency
Investors can obtain Cyprus permanent residence by purchasing new real estate and showing a secured annual income of at least €50,000, plus €15,000 for a spouse and €10,000 for each minor child. Successful applicants must visit Cyprus within a year to submit biometrics, and all family members must return at least once every two years to maintain their status.
Real estate investment
Option 1
€300,000
Minimum investment
- Purchase of a new property directly from a developer at any stage of construction.
- It is possible to obtain residency by buying multiple units.
- The property can be rented out for income generation or property appreciation.
- Real estate can also be purchased in the name of a company.
- Secondary properties are not eligible for the program.
| Fee/Tax | Cost |
|---|---|
| Value Added Tax (VAT) | 19%
A reduced 5% VAT rate may apply if you are purchasing your first property in Cyprus, provided the property meets specific criteria regarding size and value. |
| Application fee | Main applicant & dependents over 18 – €500 per person.
Spouse & children under 18 – no fee. |
| Resident card issuance fee | €70 per person |
| Estimated bank compliance costs | €2,000 to €5,000 per application |
| Land registry contract submission fee | €50 |
| Power of attorney & verification | €70
|
Benefits of Cyprus Residency
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It’s time to take control of your future. Start your residency journey today with a personalised consultation.
Oksana Kogut
Head of Sales Cyprus
Who Can Obtain Cyprus Residency
Investor
- At least 18 years old.
- Clean criminal record.
- Proof of a stable annual income (€50,000+ per year).
Spouse
- Legally married to the investor.
- No additional investment required.
- €15,000+ of foreign income required.
Children
- Under 25 years old.
- Financially dependent on the investor.
- No additional investment required.
- €10,000+ of foreign income required per child.
Documents for Cyprus Residency
Application Checklist
- Valid passport (for all applicants)
- Passport-size photos (for each applicant)
- Tax declaration from the country of tax residence
- Proof of investment
- Proof of legal income from abroad
- Criminal record clearance
- Marriage certificate (if applicable)
- Birth certificates (if applicable)
- CV
GUIDE TO OBTAINING Cyprus Residency
Live Borderless
- A Fast Track to Residence Permit
- Investment from €300,000
- Required Documentation
- Expert Tips for Submitting Your Application
Why Choose Astons?
360° Support
Legal assistance with property and fund investments, residency application stages, relocation, business registration, and more.
Global Reach
8 offices worldwide and convenient communication formats.
Trust and Security
Cooperation with official programs ensures a risk-free process.
Proven Track Record
$2.6 billion in investment facilitated through residency and citizenship programs and over 9,000 clients worldwide.
Award-Winning Leadership
Astons is a recipient of the European Property Awards as the Best Real Estate Agency in Greece and a winner in the categories of Best European Citizenship Advisor and Best Full-Service Investment Immigration Firm.
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How to Get Cyprus Residency
Obtain Long-Term Visa in 7 Easy Steps
Astons’ qualified lawyers advise, guide and partner with our clients throughout the entire process of obtaining a residence permit in Cyprus – from preparing and correctly submitting your application, to selecting and purchasing real estate, and finally obtaining your residence card(s).
Consultation with our Astons Experts
Our specialists will thoroughly assess your situation and provide clear guidance on all key aspects of the Cyprus Permanent Residency program. We’ll assist in collecting and verifying the necessary documents and compile a personalised selection of real estate options based on your preferences.
Property Viewing & Purchase
Investors can visit Cyprus to view properties of interest and place a 10% deposit on their chosen home. If travel isn’t possible, Astons can arrange virtual property tours. Once the final choice is made, we ensure a fast and secure purchase process.
Document Preparation & Finalising the Sale
Astons’ consultants will help prepare all the required documents and ensure each one complies with the Cyprus PR program. The investor must then pay VAT (which may later be partially refunded). The property must be purchased before submitting the PR application.
Obtain Council of Ministers Approval
Council of Ministers approval is mandatory for all non-EU foreign buyers before acquiring property in Cyprus.
PR Application Submission
The application and supporting documents are submitted to the Civil Registry and Migration Department. Processing usually takes several months.
Application Approval
Once reviewed and approved, the applicant receives an official immigration certificate.
Issuance of the Residence Permit Card
Within one year of receiving the certificate, the applicant and family members must visit Cyprus to provide biometric data and receive their residence cards. After 8 years, they may apply for Cyprus citizenship, provided all conditions are met — including residing in Cyprus for the final 12 months of that period.
Frequently Asked Questions about Cyprus Residency
What benefits will I receive with the minimum investment for Cyprus PR?
With an investment of €300,000 + VAT, you can obtain Cyprus Permanent Residency within as little as 8 months. The status allows you to live in Cyprus, benefit from the favourable Non-Domicile tax regime, and eligibility to apply for citizenship after 8 years.
Oksana Kogut
Head of Sales Cyprus
Can I include family members in my Cyprus PR application through the investment program?
Yes, you can include your spouse and children under the age of 25, making it possible to secure PR for the entire family.
Oksana Kogut
Head of Sales Cyprus
How long does it take to obtain Cyprus PR through investment?
The process typically takes around 8 months, and only one visit to Cyprus is required to submit biometric data.
Oksana Kogut
Head of Sales Cyprus
Does Cyprus PR allow me to start and run a business?
Yes, Cyprus permanent residents are allowed to own and operate a business, and can earn income through business activity or rental property.
Oksana Kogut
Head of Sales Cyprus
What are the requirements for obtaining Cyprus citizenship after PR?
After 8 years, residents can apply for Cypriot citizenship if all conditions are met, including continuous residence in Cyprus during the 12 months immediately before submitting the application.
Oksana Kogut
Head of Sales Cyprus
Which nationalities are eligible to apply for Cyprus PR through investment?
The program is open to nationals of non-EU and non-EEA countries.
Oksana Kogut
Head of Sales Cyprus
Can I return my investment after obtaining Cyprus PR?
No. Selling the qualifying new real estate results in the loss of permanent residency status. However, it is allowed to sell the property and purchase a new one that meets the immigration program’s requirements.
Oksana Kogut
Head of Sales Cyprus
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