Golden visa in Cyprus
Your fast track to permanent residency
Cyprus
"Golden visa"
Cyprus an Aphrodite island for your paradise lifestyle
Cyprus offers one of the fastest and most straightforward pathways to permanent residency in Europe through its property-based immigration programme. Designed for non-EU nationals, the Cyprus Permanent Residency Program grants a lifetime residency permit to investors and their families upon purchasing qualifying real estate in the Republic of Cyprus.
To qualify for permanent residency, applicants must:
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Purchase new residential property(ies) in Cyprus with a minimum total value of €300,000 (plus VAT), purchased from a developer.
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The property must be new (not resale) and the applicant must provide proof of payment for at least €200,000 (excluding VAT) before the application is submitted.
Additional Financial Criteria
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Maintain a secured annual income of at least €50,000 derived from abroad. This amount increases by €15,000 for a spouse and €10,000 per dependent child.
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Deposit at least €30,000 in a Cypriot bank account, held for a minimum period of 3 years.
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The applicant must show a clean criminal record and no intention to work in Cyprus (however, income from overseas business or dividends is permitted).
Key benefits
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Lifetime permanent residency for the whole family
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No renewal requirement — issued indefinitely
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Fast processing: residency granted within approximately 2–3 months
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Freedom to reside in Cyprus with no minimum stay requirements (must visit once every two years to maintain status)
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Right to apply for Cyprus citizenship after 5 years of legal residence (subject to fulfilling residence and integration requirements)
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Cyprus is a member of the EU, offers a high standard of living, excellent healthcare, education, and a secure Mediterranean lifestyle
Cyprus is a key location for international families and investors seeking a foothold in the European Union. With a favorable tax regime, robust legal system, and access to Schengen countries through future visa facilitation programmes, Cyprus Permanent Residency offers both lifestyle and long-term strategic value.
Just keep in mind that Cyprus is not a Shenghen area member, so you do not get visa-free access to Shenghen states with Cypriot residence permit.