The Key to Your Cypriot Residency
It all starts with the right investment
We provide the qualifying property and the expert partners to guide you the rest of the way
Your New Home, Your European Future
Cyprus offers a secure and straightforward path to Permanent Residency for non-EU citizens who purchase a new property, making it ideal for families and investors alike.
This program is one of the most popular in Europe, allowing you to secure your family’s future with a single property purchase. Here’s what you need to know:
- The Property – The main requirement is purchasing a new build property with a total value of at least €300,000 (plus VAT). The property must be bought from a developer, like 5 Queens.
- A Benefit for Your Whole Family – This residency permit is granted for life. It has no expiration date and doesn’t need to be renewed. It covers you, your spouse, and your dependent children, giving you the freedom to live and study in Cyprus.
- A Secure Income – To ensure you can support your family, you will also need to show proof of a steady annual income (of at least €50,000) that comes from outside of Cyprus.
A Lifetime Permit to Europe for Your Entire Family
Explore the Lifestyle, Business, and Tax Benefits of Cypriot Residency- A Lifetime Permit for the Whole Family – This is a multi-generational solution. The permit is issued for life (indefinite validity) and covers you, your spouse, dependent children up to age 25, and can even include the main applicant’s parents and parents-in-law.
- Fast, Simple, and Flexible – The application is a fast-track process, with approvals typically granted in as little as 2 months. There is no requirement to live in Cyprus; you only need to visit once every two years to maintain your status.
- Powerful “Non-Dom” & Tax Advantages – As a new resident, you can apply for “non-domicile” status, granting a 17-year tax exemption on worldwide dividend and interest income. Critically, Cyprus also has zero inheritance tax.
- A Pro-Business & Corporate Hub – Your residency gives you the right to own a business in Cyprus and receive dividends. You benefit from a low 12.5% corporate tax rate and a secure, predictable legal system based on English Common Law.
- A Secure, High-Return Investment – Your €300,000 investment secures your capital in a high-demand, Euro-denominated asset. With Cyprus’s “Tech Island” boom, you can expect strong rental yields and long-term capital preservation.
- Unmatched Lifestyle & Security – You will be living in one of the safest countries in the world, with a wonderful climate, a high quality of life, and a large, established English-speaking population, making it easy to settle in.
- Access to EU Healthcare & Education – As a legal resident, your family gains eligibility to join the high-quality GESY public healthcare system and can access numerous excellent, English-speaking private schools that offer IB and A-Level qualifications.
3 Steps to Permanent Residency in Cyprus
Property Selection
Select residential premises with a minimum value of €300,000 (not including VAT).
In the case of receiving permanent residency on a fast-track basis, the real estate object must be new.
Registration of permanent residence
Process the purchase transaction in accordance with all requirements of the program, complete payment, and file documents for temporary residency and citizenship.
Documentation is filed personally by the applicant with the assistance of their lawyer.
Biometric data is filed.
Getting permanent residence
In two months after the initial documentation packet is filed, permanent residency is issued.