Minimum investment
$345,000
3 investment options
Stay
—
Application fee
$575
Tax
Special
Non-domicile regime — no tax on dividends, interest, rental income from abroad for 17 years
Path to staying
- Permanent residencypossible
- Citizenshipafter 8 years
- Permanent residency
- Citizenship 8 years
- Dual citizenship allowed
- Language required for citizenship B1
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
- Minimum age 18+
- Criminal record check required
- Health check not required
- Health insurance required
Work rights
- Employment not allowed
- Self-employment allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 25
- Parents allowed
- Yes
- Extra per dependent
- $17,250
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare access granted
Tax
- 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
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