Cyprus Residency by Investment by Investment

Cyprus's pathway to citizenship overview

Unlock Cyprus’ unique Mediterranean charm, take in stunning vistas, and travel to the past, made possible through Cyprus’ ancient ruins and millennia-old history through its Golden Visa. This Residency by Investment program provides a unique opportunity for those seeking the warmth of the sun, new cultural experiences, and a second residency in a safe EU country

Cyprus used to boast two Golden Visa programs, one aimed at Citizenship and another at Permanent Residency. In 2020 the former was dissolved, though the latter remains as Cyprus’ only Golden Visa program. Officially known as the Cyprus Immigration Permit for Investors, this program is open to nearly all non-EU nationals. It provides a quick and efficient way of obtaining Residency status in Cyprus, a European Union country, in exchange for an investment of €300,000 in the country.

How to apply for the Cyprus Permanent Residence Program and become a Resident

Investment immigration initiatives in Europe, such as Golden Visa programs, tend to have an extensive list of requirements and documents, and Cyprus is no exception. For instance, you must first open a bank account in Cyprus and transfer the investment funds. They must come from abroad and from legitimate sources, either from your account or your spouse’s. Certified copies of passports, a clean criminal record, proof of healthcare insurance, and in cases of property acquisition, documents such as the title of ownership or contract of sale, including proof of payment, are only some of the documents you will be expected to provide. Furthermore, you will need to exhibit proof of annual income of at least €50,000, though this amount may increase depending on the amount of family members added to the application.