> Residency by Investment > European Residency > Cyprus 

Cyprus Golden Visa - Residency By Investment Program

Processing Time

2 months

REAL ESTATE

€ 300,000 EUR

SPEAK TO AN EXPERT
VISA-FREE ACCESS TO

EU

SPEAK TO AN EXPERT
Processing Time

2 months

CONTRIBUTION OR REAL ESTATE

€ 300,000 EUR

VISA-FREE ACCESS TO

EU

Overview of Cyprus Golden Visa - Residency By Investment Program

The introduction of the Cyprus Permanent Residency Permit Fast Track in 2013 aimed to draw foreign direct investment to the nation. Through property investment within the region, international individuals have the opportunity to acquire Permanent Resident Permits (PRPs) without undergoing the extended procedures typical of regular immigration protocols. This initiative enables the acquisition of permits within a mere two-month period, establishing it as one of the swiftest and most uncomplicated investor visa schemes in Europe.

Cyprus Golden Visa Investment Options

Cyprus provides several pathways to obtain permanent residency through investment. From real estate and business ventures to licensed investment funds, the program offers flexible options to suit different investor profiles. To qualify, applicants must invest a minimum of €300,000 to one of the following categories:

  • Residential Property:
    Purchase a newly built house or apartment up to 2 units with a total market value of at least €300,000 (plus VAT). 
  • Commercial Real Estate
    Investment in offices, shops, hotels, or similar commercial properties; new or resale, with a total value of at least €300,000.
  • Cyprus Company Shares
    An investment of €300,000 in a new or existing Cyprus-based company with a physical presence in the country and at least five employees.
  • Collective Investment Funds (forms of AIF, AIFLNP, RAIF)
    Invest €300,000 in units of Cyprus-regulated collective investment funds managed under the Cyprus Securities and Exchange Commission.

Note: The investment must remain in place at all times. Selling without replenishing will result in the cancellation of the permit.

Contact Us
program-icon-watch.webp
Processing Time

2 months

program-icon-loan.webp
Real Estate From

€ 300,000 EUR

program-icon-airport.webp
Visa-Free Access To

EU

Why Choose Cyprus?

  • Tax Advantages: Cyprus provides permanent residents with an exceptionally advantageous tax environment, including no global income, inheritance, or property taxes and an incredibly low corporate tax rate of 12.5%.
  • High Quality of Life: Cyprus is a stunning Mediterranean island nation boasting a gorgeous Mediterranean climate, exquisite beaches, rich history and culture, high standards of living (with excellent healthcare, education, infrastructure, etc.), as well as outstanding infrastructure (especially water supply and drainage systems).
  • EU Membership: Cyprus is a member of the European Union, giving permanent residents freedom of movement within its borders. They may reside, work, study, and travel freely across its member countries.
  • Stable Economy: Despite challenges, Cyprus has maintained a relatively stable economy and financial system. This stability provides a secure environment for investment.
  • Skilled Workforce: The country boasts a well-educated and skilled workforce, contributing to the productivity and efficiency of businesses operating there.

Cost of living in Cyprus

Cyprus in 2023 typically offers lower costs of living compared to other European nations. However, costs can differ depending on your lifestyle and location. Here is a breakdown of some of the expenses that should be anticipated.

Rent

Renting in Cyprus is generally cost-effective compared to other European countries. A one-bedroom apartment located within the city center will typically range between EUR500-EUR800 monthly; cheaper options can often be found in smaller towns or suburbs.

Food

Groceries for one person should cost between EUR20-EUR30 daily. Dining out costs between EUR15-20 at mid-range restaurants.

Utilities

Utilities in Cyprus are also relatively affordable. Electricity, water, and gas bills typically range between EUR100-EUR200 monthly for a one-bedroom apartment.

Transportation

Transportation costs in Cyprus can vary depending on how you decide to get around. Public transit can be relatively inexpensive; an annual pass for public transport typically runs around EUR30, while taxi rides from the airport into city centers often cost less than EUR25.

Entertainment, Personal Care and Healthcare Costs in Cyprus

Entertainment costs can be relatively cost-effective with movie tickets costing approximately EUR10 and beer at bars costing approximately EUR5. Personal care expenses are similarly affordable, with haircuts costing approximately EUR 15 per session, while gym membership fees range between EUR 40 – 50 monthly. Healthcare in Cyprus is provided universally and is free for both citizens and permanent residents.

Contact Us

Key Facts

Capital

Nicosia

Languages

Greek | Turkish | English widely spoken

Currency

Euro (EUR)

Population

1,260,138 (2024)

Eligibility Criteria for the Cyprus Golden Visa

  • Applicants must be 18 years or above, and non‑EU/EEA/Swiss nationals.
  • Clean criminal record.
  • Possess a valid health insurance covering themselves and any dependents.
  • No deportations/visa refusals

Cyprus Residence by Investment Requirements

  • A proof of secure annual income of at least €50,000, plus €15,000 for a spouse and €10,000 for each dependent minor child.
  • Make a minimum investment of at least €300,000 in one of the previously mentioned qualified options.
  • Legal proof of funds transfer to Cyprus from abroad in case of residential property investment.
  • Maintain the required investment at all times; otherwise permit will be cancelled
  • Visit Cyprus at least once every 2 years to keep the permit valid.

Cyprus Golden Visa Cost

To apply for the Cyprus Golden Visa, a minimum investment of €300,000 is required in one of the approved investment routes. Government fees are relatively low, starting at around €500, plus minor charges for biometric data and residence cards. The main additional expenses come from legal fees, due diligence, and documentation. For a single applicant investing in residential property, the total cost typically ranges between €335,000 and €360,000. Adding dependents increases overall costs due to extra application and processing fees.

Cyprus Golden Visa Required Documents

  1. Copy of all pages of passport for all family members (passport should be valid for at least 2 years) 
  2. Copy of birth certificates of children 
  3. Copy of marriage certificate 
  4. Health insurance policy 
  5. Detailed resume of main applicant (CV) 
  6. Police certificate for main applicant (issued from the country of origin) 
  7. Supporting documentation of a secured annual income from a legitimate source derived from outside of Cyprus. Details about such documentation when adding different dependents are to be communicated by Migrate World. 
  8.  A statement of deposit showing a €30,000 minimum deposit in a Cypriot bank account, which will be held for a period of 3 years. 
  9. An official statement confirming that applicant does not intend to work in Cyprus. However, the applicant and/or his wife are entitled to be shareholders and receive income from the dividends of a company registered in Cyprus without affecting their application or permit (details to be communicated by Migrate World) 
  10. A declaration from the parents stating that they are willing to support dependent children over 18 years old 
  11. Registration certificate from an educational institution to prove that dependent children are in full time education 
  12. Signed client agreements 

NOTE: The government of Cyprus might request additional documents and/or information not listed above.

How Many Dependents Can be Included in a Single Application?

The applicant seeking the Cyprus Golden Visa has the right to include not only their parents but also the parents of their spouse, along with dependent children up to the age of 25. For adult children, it is required that they are unmarried, pursuing higher education, and financially reliant on the applicant.

Cyprus visa application processing time

The official timeframe is 2–3 months; however, the actual processing time may vary depending on the applicant’s profile and can take longer when factoring in document collection, background checks, and final issuance of the residence card.

Contact Us

Starting investment for Cyprus Residency is € 300,000

"Obtaining Cyprus residence with Migrate World was quick and hassle-free. Their efficiency and expertise in navigating the process made all the difference. Highly recommend!"       
    – Ibrahim    
"I chose Migrate World for Cyprus residence, and it was the right decision. Their team's guidance and efficiency surpassed my expectations. Now enjoying the beauty of Cyprus hassle-free.”     
  – Salim   
Previous
Next
[testimonial_text2]

Get Free Consultation


    Step by Step procedures and time frame for obtaining Cyprus Permanent Residency

    1. Initial Consultation: A complimentary consultation with us where we explain all the different options available. 
    2. Preliminary Check: Migrate World performs a preliminary security check before officially making any agreement as a guarantee that the applicant’s record is clean from any case that the government might reject his/her application for. 
    3. Agreement and Fees: Fees include legal, due diligence, government, and application processing fees. Real Estate Investment Migrate World assists the investor in securing a qualifying property purchase worth €300,000 (excluding VAT) or more in Cyprus. 
    4. Collect Documents and Submit Files: We will help obtain/translate and authenticate all necessary documents. A file is then prepared and submitted to the Civil Registry and Migration Department. 
    5. Application Revision: The application is examined and reviewed, and a decision regarding the applicant’s approval is formulated by the Ministry of Interior within 2 months. 
    6. Permanent Residency Issuance: Once approval has been granted, the applicant must visit Cyprus within one year to obtain the actual permit card. 

    NOTE: The timeline is an estimate only, processing time depends on the complexity of each file.

    How do I Avoid Mistakes When Applying for the Cyprus Golden Visa?

    When embarking on the journey to obtain Cyprus residency, entrusting your application to a reputable migration agency like Migrate World can be the strategic advantage you need. Our seasoned experts are well-versed in the intricate details of the application process, ensuring meticulous adherence to the country’s stringent requirements. With a track record of successful outcomes, Migrate World offers personalized assistance, saving you valuable time and minimizing the risk of errors that could delay or hinder your application. As your dedicated partner, we not only simplify the complexities but also provide you with up-to-date insights, empowering you to make informed decisions. 

    Cyprus Golden Visa Renewal & Extension

    Cyprus residency via investment is granted for life, but your residency card must be renewed periodically (usually every 5–10 years). To keep your status active, you need to:

    • Acquire residence in Cyprus within one year from the approval of the application.
    • Maintain the qualifying investment without any changes to it.
    • Submit all the required documents (including health insurance and criminal record certificates).
    • Visit Cyprus at least once every two years.
    Contact Us

    Program Summary

    Learn more about the country and it's citizenship by investment.

      Similar Residence by Investment Programs

      View All Programmes

      Benefits of Cyprus Golden Visa

      • Processing time is approximately 2 months
      • Grants permanent residency that is valid for 10 years
      • No language requirement 
      • No nationality restriction
      • Right to live and settle in Cyprus
      • Right to apply for EU citizenship after 7 years
      • Inclusion of parents of both the main applicant and spouse and dependent children up to the age of 25 (Adult children must be unmarried, attending higher education, and financially dependent on the applicant).

      How can the Migrate World Help You?

      Migrate World team offers essential support to clients pursuing the Cyprus Golden Visa. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining Cyprus permanent residency. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.

      Similar Citizenship by Investment Programs

      Compare Programs
      Caribbean Citizenship Programs
      Antigua and Barbuda Citizenship By Investment
      Dominica Citizenship By Investment
      Grenada Citizenship By Investment
      Saint Kitts and Nevis Citizenship By Investment
      Saint Lucia Citizenship By Investment
      European Citizenship Programs
      Malta Citizenship By Investment
      Rest of the World
      Egypt Citizenship By Investment
      Turkey Citizenship By Investment
      Vanuatu Citizenship By Investment
      Nauru Citizenship By Investment
      View All Programmes

      Does Cyprus provide a Golden Visa?

      Yes, Cyprus provides a golden visa. This program is available for investors who are willing to invest in real estate in Cyprus. As opposed to other EU residency programs, Cyprus is currently able to provide permanent, not temporary, resident permits to investors. 

      Schedule a meeting with us 

      Contact Us

      Frequently Asked Questions

      Technically, a Cyprus passport cannot be purchased. However, investors can invest a minimum of €300,000 and gain permanent residency in the nation. They are eligible to seek citizenship and a passport from Cyprus after seven years of legal residence there.

      Yes, UAE nationals can visit Cyprus without requiring a visa

      Yes. The Cyprus Golden Visa program permits investors with clean criminal records to apply, though investors must undergo a criminal background check during their application process. If an investor does have an arrest record, however, he or she may still qualify if they can show that conviction is irrelevant to applying for the Golden Visa program.

      Yes, anyone who meets the eligibility requirements may apply for the Cyprus Golden Visa program. It is open to citizens of non-EU nations as well.

      The processing time for Cyprus Golden Visa applications is approximately 2 months. 

      Yes, Cyprus offers a Golden Visa through its Permanent Residence by Investment program by investing at least €300,000 in real estate, a local business, or regulated investment funds.

      Yes, purchasing a new residential property in Cyprus worth at least €300,000 (excluding VAT) qualifies you for permanent residency under the Golden Visa program.

      The easiest way is through the Golden Visa route, by making a qualifying investment of €300,000 in one of the qualifying investment options, and presenting all the needed requirements.

      The official processing time is 2–3 months, but it could take up more time according to each profile and case.

      Related Articles

      Cyprus – Ancient Culture, Modern Cities

      Updated: September 4, 2025, 08:03 AM |||With evidence of historical settlements as far back as 10,000 BC, Cyprus is an island country steeped in history. …

      Read More →

      Subscribe to our newsletter to receive the latest immigration news and events.

        By subscribing, you agree to Migrate World’s Privacy Policy.

        Embrace Sultanate of Oman:
        Your Residency Awaits!

        We are excited to announce our collaboration with
        Ministry of Commerce, Industry & Investment Promotion, Sultanate of Oman
        FIRST OF ITS KIND PARTNERSHIP WITH SULTANATE OF OMAN MINISTRY

        Tailored Investment

        Startup
        Business

        Organization /
        Cooperation

        Program Page
        165040_flag_256x256.png

        Tailored Investment

        Startup Business

        Organization
        or
        Cooperation

        10-Year Residency In The Sultanate Of Oman: Business Investment Incentives

        We are excited to announce our collaboration with
        Ministry of Commerce, Industry & Investment Promotion, Sultanate of Oman
        FIRST OF ITS KIND PARTNERSHIP WITH SULTANATE OF OMAN MINISTRY
        Program Page
        165040_flag_256x256.png

        10-Year Residency In The Sultanate Of Oman: Business Investment Incentives

        We are excited to announce our collaboration with
        Ministry of Commerce, Industry & Investment Promotion, Sultanate of Oman
        FIRST OF ITS KIND PARTNERSHIP WITH SULTANATE OF OMAN MINISTRY
        Program Page

        Interested in Other Locations?

        Submit your details below and we'll get back to you within 24 hours

        Request a Callback

        We would like to ensure you that all data provided through the form will remain strictly confidential.