Cyprus Permanent Residency Program
Eligible investors may apply for permanent residence in Cyprus; this is not a Commonwealth-wide or EU-wide residence card.
Cyprus Core Advantages
Cyprus investor permanent residence is for applicants meeting the investment, income and background requirements. It does not automatically confer residence in other countries, visa-free travel or education-examination eligibility. Timing depends on the competent authority.
Global Asset Allocators
People looking to hedge single-currency risk, seek steady investment returns, and gain overseas status.
Family Education & Retirement Planning
For families planning education, healthcare and later life. Check eligibility, insurance, school admission and costs separately; residence does not automatically provide free public benefits.
High-Frequency International Business Travelers
Urgently need a high-value passport or Green Card for spontaneous global travel, skipping tedious visa applications.
Processing Time
2-4 Months
Min Investment
€300,000
Residency Req
Ongoing investment and residence conditions apply
Passport Rank
12th Globally (182 visa-free countries)
Corporate Tax
15% general corporate rate from 2026
Lifetime PR
Directly approved for PR (Permanent Residency), without the pain of transitioning from temporary to permanent residency like other countries.
Ultra-Low Tax Rates
The general corporate income tax rate is 15% from 2026; personal, property and cross-border taxation require separate assessment.
Lightning Fast Approval
Complete applications remain subject to official review; preparation, further documents and decision times vary.
Extremely Low Immigration Jail
In addition to absence limits, maintain the investment and required insurance evidence.
Tax Advantages & Wealth Planning
One of the Few European Countries with Tax Exemption on Dividends for Non-Doms
Cyprus's general corporate tax rate is 15% from 2026. Personal arrangements such as Non-Dom have separate eligibility and tax-specific rules. Investor residence does not automatically exempt all foreign dividends, interest or assets; assess tax residence, sources and obligations.
Education System & Children's Future
Overseas Base for the Commonwealth Education System
As a former British colony, English is highly prevalent in Cyprus. The island hosts many high-quality overseas branches of British boarding schools and international schools with low tuition fees, adopting the authentic British A-Level system, making it a hidden shortcut for aiming at Oxford and Cambridge.
Application Requirements & Key Thresholds
Real Client Approvals & Timelines
"As a low-tax haven in Europe, Cyprus allows three generations of a family to obtain PR cards in one step just by buying property. We bought a highly valuable sea-view villa in Paphos, which is ideal for hedging geopolitical risks in the Middle East."
Standard Application & Processing Steps
Select Property & Deposit
Select Mediterranean sea-view properties online or via field visit, and pay a deposit of about €10,000 - €20,000.
Full Payment & Prep Materials
Pay for the qualifying property under the contract and complete required title and contract registration; do not apply the repealed stamp-duty procedure to newly signed documents.
Submit PR Application
A Cyprus lawyer submits the full set of documents to the immigration bureau.
Approval & Biometrics
Follow approval instructions for initial residence, biometrics and card issuance; permanent residence rights and card validity differ.
Frequently Asked Questions (FAQ)
Is the Cyprus green card valid for life?
Permanent residence need not be re-granted annually, but the card expires and investment, insurance and absence conditions still apply. Entering once every two years is not the complete maintenance test.
Can I find a job locally in Cyprus?
No. PR obtained through investment does not allow you to be employed by local companies (to avoid competing for local jobs). However, you can register and own your own company as a shareholder in Cyprus and legally earn dividend profits.
Can buying a €300,000 property cover my whole family?
The main applicant can include their spouse and unmarried children under 25 who are enrolled full-time and financially dependent. Under the previous policy, parents could be included, but the new policy has tightened and parents are no longer allowed.