Cyprus offers a fast and reliable route to permanent residency (PR) for non-EU nationals through a structured investment program under Regulation 6(2). This program has become a popular choice for families and entrepreneurs looking for stability, EU access, and long-term security.
Who Can Apply?
Any non-EU individual over the age of 18, along with their spouse, dependent children (up to age 25 if in education), and parents of the main applicant, may be included in a single application.
Main Requirements for PR in 2025:
- Investment in Real Estate:
- Minimum investment of €300,000 + VAT in new residential property from a registered developer.
- Alternatively, commercial property, company shares, or investment funds may also qualify, depending on the category chosen.
- Proof of Income:
- The applicant must demonstrate a secure annual income of at least €50,000 from abroad (e.g. salary, dividends, rent, etc.).
- This amount increases by €15,000 for a spouse and €10,000 per dependent child
- Permanent Home in Cyprus:
- The property purchased must be used as a permanent residence by the applicant and their family.
- The property must be purchased in the applicant’s name, and funds must be transferred from abroad.
- Clean Criminal Record:
- All adult applicants must provide police clearance from their country of origin or residence.
- No Employment in Cyprus:
- PR holders are not allowed to work in Cyprus, but may own and manage businesses.
- Visit to Cyprus Once Every Two Years:
- To maintain the residency, the applicant must visit Cyprus at least once every two years.
Processing Time & Validity
- Applications are typically processed within 2–4 months.
- Once approved, the PR status is permanent and does not require renewal.
Benefits of Cyprus Permanent Residency:
- Lifelong EU residency rights in Cyprus
- Fast-track application process
- Residency for the entire family
- High standard of living and healthcare
- Favorable tax environment
- Access to international schools and English-speaking universities
- Safe, stable and business-friendly environment