Cyprus Cyprus Permanent Residence Programme — Residency Program
🏠 OVERVIEW
Country
🇨🇾 Cyprus
Program
Cyprus Permanent Residence Programme
Local Name
Μόνιμη Άδεια Παραμονής
Type
Golden visa
Status
Active
Min Stay
1 days
per 24 months
Permanent residence for non-EU nationals investing EUR 300,000+ in Cypriot real estate, business shares, or collective investment funds, with minimum EUR 50,000 annual foreign income.
🪙 INVESTMENT OPTIONS
| Type | Tier/Zone | Min Amount | USD Equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|---|
| Real estate | Residential (primary market) | EUR 300,000 | $345,000 | -- | Yes | Optional |
| Company capital | -- | EUR 300,000 | $345,000 | -- | Yes | Optional |
| Fund | -- | EUR 300,000 | $345,000 | -- | Yes | Optional |
💰 FINANCIAL REQUIREMENTS
Income Requirement
EUR 4,167/mo
(~$4,792 USD)
Application Fee
$575
📋 ELIGIBILITY
Min Age
18+
Criminal Record Check
Required
Health Check
Not required
Health Insurance
Required
💼 WORK RIGHTS
Employment
Not allowed
Self-Employment
Allowed
Own Business
Allowed
Work Permit Included
No
👨👩👧 FAMILY & DEPENDENTS
Dependents Allowed
Yes
Spouse Included
Yes
Max Child Age
25
Parents Allowed
Yes
Extra per Dependent
$17,250
💰 TAX DETAILS
Tax Regime
Special
Regime Name
Non-domicile regime — no tax on dividends, interest, rental income from abroad for 17 years
Regime Duration
17 years
Foreign Income Taxed
No
Capital Gains Taxed
No
🏆 PATH FORWARD
Permanent Residency
Yes
Dual Citizenship
Allowed
Citizenship
Yes
Years to Citizenship
8 years
Language Required
B1
🌍 BENEFITS & MOBILITY
Bank Account
Can open
Property Purchase
Allowed
Public Healthcare
Access granted
📝 HOW TO APPLY
Method
in person
Processing Time
120–180 days
Apply from Abroad
Yes
📝 NOTES
Grants permanent residence directly. Cyprus NOT in Schengen Area. Must visit at least once every 2 years. Income from foreign sources only. Non-dom tax regime exempts foreign dividends, interest, and capital gains for 17 years. Property must be new-build from primary market.
📋 ALSO IN CYPRUS
Cyprus also offers a digital nomad visa for remote workers:
- Digital Nomad Visa (digital nomad visa)