Cyprus Permanent Residency
Cyprus Permanent Residency offers a pathway to EU residency. With a minimum €300,000 investment in real estate, shares, or funds, you and your family can qualify. After five years of residency, you may be eligible to apply for Cypriot citizenship.
Cyprus Permanent Residency Benefits
Residency and Family Inclusion
- Direct access to Permanent Residence in Cyprus.
- EU Member.
- No language requirements.
- No education or management experience required.
Dependents include:
- Spouse.
- Dependent children up to 25 years old
Travel and Quality of Life
- Right to live and study in Cyprus.
- Permanent residency in Cyprus may be granted Multiple-Entry Schengen visa valid for up to 5 years.
Ease of Access
- Pathway to apply for Cyprus (EU) citizenship after an aggregate total of 5 years of permanent residency in cyprus within an 8-year period.
Cyprus Permanent Residency Requirements
- Invest at least EUR 300,000 in real estate properties located in Cyprus.
- Provide evidence of a secured annual income of at least EUR 50,000 sourced from outside Cyprus.
- Additional secured income requirements apply in case the dependent spouse and children are included in the application.
- Clear criminal record, good health.
- Visit Cyprus every 2 years (no minimum residency requirements).
Cyprus Residency Investment Visa Options
The New House Or Apartment Option
Investment in a new house/apartment with a minimum total value of €300.000 plus tax.
The Commercial Real Estate Option
Investment in commercial real estate new or resale (excluding houses/apartments with a minimum total value of €300.000.
The Share Capital Option
Investment of 300,000 EUR in the share capital of a Cyprus Company with activities and staff in Cyprus.
The Collective Investment Option
Investment 300,000 EUR in units of a Cyprus Collective Investment Organization (type AIF, AIFLNP, RAIF).
cyprus pr process
Processing time 6-9 Months
Due Diligence And Application
Applicant must travel to Cyprus to provide biometrics.
Approval And Investment
Submit the completed application forms and required documents.
Residency
The Civil Registry and Migration Department of Cyprus will grant successful applicants with the Cypriot Permanent Residence status.
Contact us
With over 30 years of immigration experience, each of Harvey Law Group’s lawyers carefully studies each client’s needs, resources and determines the immigration solution that best aligns with our client’s vision and values.
Frequently Asked Questions
What is the minimum investment required for Cyprus permanent residency in 2025?
The minimum investment for Cyprus permanent residency is €300,000 in qualifying assets: real estate, company shares, or collective investment funds. Additionally, you must demonstrate €50,000 annual income from outside Cyprus. Harvey Law Group, with over 32 years of expertise and offices in 20 countries including Paris, guides clients through optimal investment structuring. Our experience ensures you select the most advantageous investment category while meeting all EU compliance requirements efficiently, unlike generic consultants who lack specialized Cyprus expertise.
How long does it take to get Cyprus permanent residency?
Cyprus permanent residency processing takes 6-9 months from application submission to approval. One biometric visit to Cyprus is required during the process. Harvey Law Group's meticulous preparation and 32+ years of EU immigration expertise ensures optimal timing and streamlined processing. Our established relationships with Cyprus authorities and comprehensive document preparation minimize delays that commonly affect applications from less experienced firms. Unlike other consultants, we coordinate the entire process including property selection and biometric appointments.
Can I include my family in my Cyprus permanent residency application?
Yes, Cyprus permanent residency allows inclusion of your spouse and dependent children up to 25 years old (if full-time students). Each dependent requires additional income demonstration: €15,000 per spouse, €10,000 per child. Harvey Law Group, with offices across Europe including Paris, excels in complex family applications including blended families and adult children scenarios. Our comprehensive approach ensures maximum family inclusion while optimizing income requirements, unlike consultants who focus only on primary applicants without family strategy.
What investment options qualify for Cyprus permanent residency?
Four investment categories qualify: new residential properties (€300,000+), commercial real estate new or resale (€300,000+), Cyprus company share capital (€300,000), or Cyprus collective investment funds (€300,000). Harvey Law Group conducts thorough due diligence on all investment options and recommends the optimal category based on your financial goals. Our 32 years of experience in EU investment immigration helps clients select options with best tax efficiency, liquidity, and potential returns while ensuring full compliance.
Does Cyprus permanent residency lead to EU citizenship?
Yes, Cyprus permanent residency provides a pathway to EU citizenship after 5 years of residence within an 8-year period. This grants full EU passport benefits and freedom of movement across all 27 EU countries. Harvey Law Group provides comprehensive guidance on the naturalization pathway and helps structure your residency to meet citizenship requirements. Our ongoing support ensures you maintain compliance and optimize your path to full EU citizenship, unlike firms that abandon clients after residency approval.
What are the residency requirements for Cyprus permanent residency?
Cyprus permanent residency requires only a visit every 2 years to maintain status - no minimum annual residency requirement. This flexibility allows you to maintain your current lifestyle while holding EU residency. Harvey Law Group advises on optimizing your Cyprus visits and can coordinate business or investment meetings during required trips. Our international network ensures ongoing support for compliance monitoring and renewal procedures, providing peace of mind that individual investors cannot achieve alone.
Are there tax benefits with Cyprus permanent residency?
Yes, Cyprus offers attractive tax advantages including territorial taxation system, favorable double tax treaties with 65+ countries, and EU's lowest corporate tax rate at 12.5%. Non-domiciled residents benefit from exemptions on foreign investment income and capital gains. Harvey Law Group, unlike other firms, integrates comprehensive tax planning with your residency strategy.
Why choose Harvey Law Group for Cyprus permanent residency?
Harvey Law Group brings over 32 years of EU immigration expertise with offices in 20 countries including Paris, offering unparalleled Cyprus residency services. Our nearly bulletproof success rate, comprehensive investment due diligence, and end-to-end support from application to citizenship pathway distinguishes us from generic consultants. We provide ongoing compliance monitoring, and family strategy planning. Our European presence and direct relationships with Cyprus developers and legal professionals ensure exclusive access to the best investment opportunities.
Can I work anywhere in the EU with Cyprus permanent residency?
Cyprus permanent residency allows you to live and work freely in Cyprus, with access to other EU countries under specific conditions. For unrestricted EU-wide work rights, you would need Cyprus citizenship (available after 5 years). Harvey Law Group provides clear guidance on employment rights and business establishment opportunities across the EU. Our comprehensive approach includes planning for both immediate residency benefits and long-term EU citizenship goals, ensuring you understand all opportunities available.
What documents do I need for Cyprus permanent residency application?
Required documents include passports, police clearances, medical certificates, proof of €50,000+ annual income, investment documentation, and financial statements. All documents must be apostilled and translated into Greek or English. Harvey Law Group provides a comprehensive document checklist and manages the complex apostille process across multiple jurisdictions through our international network. Our 32 years of experience prevents common document errors that cause delays with less experienced firms, ensuring smooth application processing.
How does Cyprus compare to other EU residency programs in 2025?
Cyprus offers one of the most accessible EU residency programs: lower investment threshold (€300,000 vs €500,000+ elsewhere), minimal residency requirements (visit every 2 years), and fastest path to EU citizenship (5 years vs 7-10 years). It provides direct EU access without Golden Visa uncertainty affecting Portugal and Spain. Harvey Law Group's expertise across all EU programs allows objective comparison. Unlike consultants promoting single programs, we recommend Cyprus when it truly fits: investors seeking EU access, tax optimization, and family flexibility.
Can I buy any property in Cyprus for permanent residency?
For residential properties, you must purchase new construction worth €300,000+ excluding VAT. For commercial properties, both new and resale qualify at €300,000+ minimum. Properties must be from licensed developers with proper permits. Harvey Law Group conducts thorough due diligence on all properties and developers, identifying the best opportunities for appreciation and rental yield. Our network provides exclusive access to prime developments and helps structure purchases for optimal tax efficiency and future resale potential.
Is Cyprus a safe and stable country for permanent residency?
Yes, Cyprus is a stable EU member state with common law legal system, low crime rates, and strong democratic institutions. As an EU member since 2004, it provides legal protection and stability. The economy has recovered strongly post-2013 with solid banking sector and growing tourism/business sectors. Harvey Law Group conducts ongoing political and economic monitoring and only recommends Cyprus based on thorough stability analysis. Our continuous market intelligence provides security and confidence that individual investors cannot achieve alone.
Can I get a Schengen visa with Cyprus permanent residency?
Yes, Cyprus permanent residents are eligible for multiple-entry Schengen visas valid for up to 5 years, allowing 90 days per 180-day period in other EU countries. This provides significant travel freedom while holding Cyprus residency. Harvey Law Group provides guidance on optimizing Schengen access and can assist with visa applications through our European network. Our experience ensures you understand all travel benefits and requirements, maximizing your mobility across Europe with Cyprus permanent residency status.
What are the ongoing costs of Cyprus permanent residency?
Ongoing costs include property maintenance, insurance, and annual income requirement demonstration (€50,000+ from outside Cyprus). No renewal fees apply as the residency is permanent. Property-related costs vary by investment type and location. Harvey Law Group factors all ongoing costs into your investment analysis and helps structure income sources to meet requirements efficiently. Our ongoing monitoring ensures you maintain compliance cost-effectively and can optimize your Cyprus tax position throughout your residency.
Can I sell my Cyprus investment property after getting permanent residency?
Generally, you must maintain your qualifying investment to preserve permanent residency status. However, specific circumstances may allow investment changes with prior approval from authorities. Any changes must maintain the minimum investment threshold. Harvey Law Group advises on investment flexibility and can guide you through any necessary procedures for investment modifications. Our expertise ensures you understand all options for portfolio optimization while maintaining your residency status throughout the investment period.
Does Cyprus have citizenship by investment anymore?
No, Cyprus suspended its citizenship by investment program in November 2020. However, Cyprus permanent residency remains available and provides a clear pathway to EU citizenship through naturalization after 5 years of residence. Harvey Law Group helps clients understand that while direct citizenship by investment is no longer available, the permanent residency route offers a reliable path to the same end goal with additional benefits like lower investment requirements and ongoing compliance flexibility.
Can I apply for Cyprus citizenship by descent?
Yes, Cyprus offers citizenship by descent for individuals with at least one Cypriot parent. The process requires documentation like parent's passport and birth certificate, processed by the Civil Registry with average processing time of 2.5 years. Harvey Law Group can assess eligibility for citizenship by descent and manage the application process. This may be a more direct route to EU citizenship for eligible individuals, avoiding the investment requirements of the permanent residency program while achieving the same citizenship outcome.