01
€300,000+
New Residential Property
Purchase first-sale residential property from a developer.
Cyprus Permanent Residence by Investment
Fast-Track Permanent Residence Under Regulation 6(2)
Program overview
Cyprus Regulation 6(2) provides a permanent-residence route for eligible non-EU applicants who complete an approved investment and satisfy income, character and residence conditions. The rules cover more than new residential property: qualifying commercial property, Cyprus company capital and Cyprus collective-investment units may also be considered.
The main applicant must generally show secured annual income of at least €50,000, plus €15,000 for a spouse and €10,000 for each dependent minor child.
Fast-Track Permanent Residence Under Regulation 6(2)
Residency Partners
Current routes and requirements
02
€300,000+
Other Cyprus Real Estate
Commercial property such as offices, shops, hotels or related developments may qualify.
03
€300,000+
Cyprus Company Share Capital
Invest in a Cyprus company with physical presence and at least five employees in Cyprus.
04
€300,000+
Cyprus Collective Investment
Qualifying units in a Cyprus collective investment organisation may be used.
Key eligibility requirements
- Complete and maintain a qualifying €300,000 investment.
- Show secured annual income of €50,000 for the main applicant.
- Add €15,000 for a spouse and €10,000 for each dependent minor child.
- Provide clean criminal records and health insurance.
- Visit Cyprus at least once every two years to retain the permit.
Program due diligence
Key facts before you proceed
A concise review of the rules that materially affect eligibility, cost and long-term planning. Expand the detail you need before making a commitment.
Checked against official sources
Last reviewed 2026-09-20
Availability and review status
Open
Status checked 2026-09-20
The accelerated permanent-residence procedure under Regulation 6(2) is open for qualifying investment and secured annual income. It is residence, not citizenship by investment.
Physical presence
The applicant must visit Cyprus to complete residence formalities within the stated approval window and must not remain outside Cyprus continuously for two years, or the permit can cease. This is not the physical residence needed for citizenship.
Planning range — editorial estimate
Allow about 2–6 months after the qualifying investment and complete document pack are ready.
Family inclusion
The main application can include a spouse and dependent children, with policy-specific rules for unmarried children and qualifying dependent adult students. Parents and parents-in-law may require their own qualifying structure under current policy; verify the family composition before filing.
Government and application costs
VAT where applicable, property transfer/land-registry charges, stamp duty, legal, banking, valuation, insurance, translation and certification costs are additional.
Application fee
Application/family file
€500
Non-refundable
Alien Registration Certificate
Each person where issued
€70
Non-refundable
Eligibility and admissibility
For third-country nationals who pass criminal-record, sanctions, source-of-funds and security checks. The published policy does not provide a simple universal nationality exclusion list; sanctioned persons/funds require specialist confirmation.
Official timing indication
Approximately two months for a complete application, according to the Civil Registry and Migration Department policy.
Banking, title/property completion, security checks and document requests can extend the official estimate.
Investment, holding and exit risk
Holding requirement: The €300,000 qualifying investment must be maintained. Disposal without an approved replacement can lead to cancellation of permanent residence.
Refundability and exit: The investment is a private asset, not a government-refunded contribution. Resale/redemption depends on contract and market conditions; VAT, transaction costs and loss are possible.
- Development, title, delivery, rental and resale risks require independent legal and technical due diligence.
- The applicant must continue demonstrating the prescribed income and investment conditions when requested.
- Permanent residence can cease after two years of continuous absence or if qualifying conditions are breached.
Residence and practical rights
- Indefinite permanent residence in the Republic of Cyprus, subject to card renewal and continuing conditions.
- Residence and education access for approved family members.
- The main applicant and spouse undertake not to take employment, except permitted directorship/employment within the qualifying company route as applicable; investment and business ownership rules are separate.
- Cyprus residence is not a Schengen residence right while Cyprus remains outside the Schengen Area.
Long-term residence, citizenship and tax
Renewal or permanent residence: The immigration permission is indefinite, but residence cards have an expiry and must be replaced/renewed. The qualifying investment, income and other continuing conditions must be maintained; two years of continuous absence can terminate status.
Citizenship path: There is no direct citizenship entitlement. Naturalisation follows Cyprus’s ordinary rules and requires substantial actual residence, including the statutory continuous period immediately before application, Greek-language/civic conditions and other criteria. Passive permit holding is insufficient.
Tax planning: Immigration status and tax residence are separate tests. Residence days, permanent-home, centre-of-interests, controlled-company, estate and source-income rules can create liabilities. Obtain cross-border tax advice before changing residence or investing.
Official sources and review method
Official sources
- Cyprus Migration Department — Immigration permits for investorsChecked 2026-09-20T00:00:00.000Z
- Cyprus Civil Registry and Migration Department — Regulation 6(2)Checked 2026-09-20T00:00:00.000Z
Editorial source review
Editorially checked against the linked official sources. This is not a local-law opinion; case-specific eligibility, fees and transaction documents must be confirmed by regulated local counsel before engagement.
Reviewed 2026-09-20
Program at a glance
Minimum Investment
€300,000 — Plus VAT where applicable
Main Applicant Income
€50,000/year
Status
Permanent Residence
Frequently asked questions
Is Cyprus permanent residence limited to new homes?
No. New residential property is one route, but qualifying commercial property, Cyprus company capital and Cyprus collective-investment units may also qualify.
Is Cyprus in the Schengen Area?
Cyprus is an EU member but is not currently a full Schengen member. A Cyprus residence permit should not be marketed as a Schengen residence permit.
Residency Partners
Discuss this program with our team
Request a case-specific assessment before making any investment or application decision.
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