Search

Information made available on this website in any form is for information purposes only. It is not, and should not be taken as advice. You should not rely on, or take or fail to take any action based upon this information. Please do not disregard professional advice or delay in seeking advice because of something you have read on this website. Astons professionals will be pleased to discuss any specific questions you have.

The Cyprus Residency by Investment Program provides a fast-track route for entrepreneurs, investors, and families to obtain a Permanent Residence Permit (PRP). It is one of the quickest and most effective routes to EU residency, taking just six months with no physical residency required.

Once you become a Cypriot resident, the benefits are extraordinary. Not only can you freely visit and live in a country with world-class beaches, fantastic year-round weather, and one of Europe’s most appealing tax residency options, but you will be exempt from the EU’s ETIAS eVisa entry requirement.

Moreover, after eight years, you can apply for citizenship and obtain an EU passport that grants access to over 173 countries and territories visa-free. It’s global mobility at its finest, and Cypriot citizenship enables you to live anywhere you choose in the European Union.

The Cyprus Residency by Investment Program is among the few remaining EU Golden Visas and Astons Cyprus Office officially licensed program and real estate agents handle the entire process, from start to end, and address any questions, such as:

  • What are the investment options for the Cyprus Golden Visa?
  • Can I use property to generate income under the Golden Visa program?
  • Do I have to visit Cyprus at any time to acquire the Golden Visa?

For the Cyprus Golden Visa, it is best to begin with our Free Confidential and Comprehensive Consultation, and Astons’ experts will analyze how your specific wants, needs, goals, and demands align with the program and provide you with the best solutions.

Trust Astons – a better life awaits.

Program Benefits

Fast-track Permanent Residency Program

Processing of application around 6 months

Favorable Non-Domicile tax regime

No defense contribution and capital gains tax

Permanent Residency for entire family

Main applicant, spouse, dependent children up to 25 years

Fully remote process

Applicants must visit Cyprus once for biometric submission after the application for residency is done

Simple residency requirements

It is not necessary to reside in Cyprus but PR holders should visit the island once in 2 years

No donation

Property purchase with no government contributions

Only first-time sale properties

Suitable apartments, villas and houses qualifying for the program

Regular rental income

Safe and highly profitable investments, with potential profit from letting your property

Secure environment

“Insurance policy” in case of economic or political stability

Experience

Over 15 years in the Cyprus market, 30 years in the global market

Reliable Partners

We collaborate only with licensed and verified developers

Support

We assist in property management
Program Requirements

The Cypriot residency program has a number of requirements for applicants:

  • Due Diligence: Documentation required by Cyprus includes: proof of income, criminal background checks, sanction lists checks, birth certificates, marriage licenses, and additional documentation may be requested on a case-by-case basis
  • Health: Applicants must provide proof of health insurance that covers everyone listed on the Golden Visa application
  • Investment Tolerance: Cyprus requires proof of income as well as establishing source of funds.
  • Investment Threshold: The Cyprus Golden Visa has a required minimum investment of €300,000 [approx. $325,000]
  • Investment Options: The Cypriot program is a real estate investment only program
  • Investment Hold: To maintain eligibility for the Golden Visa, the investment must be maintained
  • Physical Presence: Applicants are required to visit Cyprus within one year of receiving PRP to supply biometrics. After which, Golden Visa holders are only required to visit Cyprus once every two years. Cyprus may revoke residency if Golden Visa holders acquire permanent residency in any other country
Request a call back

Fill in our contact form and one of our immigration experts will reach out to you shortly.

    Required information







    ✓ Valid

    How do you wish to be contacted?

    PhoneEmailTelegramWhatsApp

    Additional information



    Visa-free travel and Global mobility

    The Cyprus Residency by Investment program can improve your global mobility if it is being considered as the first step towards acquiring citizenship on the island. Cyprus passport holders get visa-free access to over 173 countries, including EU & UK. While holding a Cyprus PR, applicants can easily apply for a Schengen visa and travel across Europe.

    Which is right for me?
    Investment Requirements

    To qualify for the Cyprus Permanent Residency by Investment program, applicants are required to buy a first-time sale residential property or sets of properties to the minimum value of €300,000 (plus VAT, if applicable). First-time sale stands for new properties and not for resales. They must have been bought from a property development company.

    Option 1 / €300,000 purchase of a residential property in Cyprus

    • Purchase of first-time residential property worth over €300,000 (plus VAT).
    • Applicants may buy a combination of real estate projects:
      1. one apartment or house;
      2. two apartments or two houses or a combination of each;
      3. one apartment/house and one commercial shop/warehouse;
      4. one apartment/house and one office.
    • The property must be brand new; no resale property would qualify.
    • Property should be purchased from the developer who built the property.
    • The Contract of Sale must be officially filed at the Cyprus Department of Lands and Surveys.
    • The property can be purchased by a company registered under the applicant’s name or jointly under the applicant and spouse. Applicant / spouse must be sole shareholders.
    • The property can be rented out.

    Additional requirements

    • Applicants should provide supporting evidence of secure annual income from abroad of at least €50,000. Income is increased by €15,000 for the spouse,€10,000 for each minor child of the applicant and/or his/her spouse.
    • Applicants should have no intention to undertake any employment in Cyprus. They can own a business registered in Cyprus and receive dividends from this business.
    • Applicants must have a clean criminal record and should not be in the list of persons whose property is frozen by the EU as a result of sanctions.
    • Applicants must visit Cyprus within 1 year of the date of the PRP to provide biometrics for issuance of PR card. All family members are required to visit Cyprus once every two years.
    • PR holders may have their PRP revoked if they are granted permanent residence in another country.

    Additional Expenses for purchasing real estate in Greece to obtain a residency permit

    • Property transfer tax – 3.09% of the real estate price
    • Registration fee in the land registry (depending on the region where the property is located) – 0.6% of the real estate price
    • Notary fee for property transfer – Approximately 1.5% of the real estate price + VAT
    • Private health insurance fees – from €150 per person
    • Immigration fees – €2000 per person (for the main investor) and €150 for a family member over 18 years old
    • Card issuance – €16
    • Document translations  –  from €150

    Cyprus Residency Acquisition Process

    Astons’ focus is to provide a hassle-free and seamless service, assisting you every step of the way with your property purchase and residency application. The entire process is efficiently managed by top professionals in the industry. We deal with all procedures efficiently on your behalf, based on professional expertise and years of experience.

    3–4 days
    Visit Cyprus to view properties
    1

    Free Consultation with Astons' Experts

    Astons immigration advisers will evaluate your personal circumstances and guide you through each of the program’s stages, helping you to collate and check the required documents, and preparing the suitable property shortlist meeting your requirements and qualifying as investment.

    2

    Property Viewings and Property purchase

    We prepare for you a customised property shortlist consisting of properties matching your own requirements. We encourage applicants to visit Cyprus to view the shortlisted properties, and once the property is selected, we ensure that the purchase process is secure and hassle-free. We make certain that you have satisfied all other requirements, including guiding you in opening a bank account in Cyprus to put your fixed deposit into.

    3–4 days
    Preparation
    3

    Document Preparation

    A detailed checklist will be provided, and you will be guided through the documents collection stage. Experienced immigration advisers will be checking all supporting documents for compliance to ensure all requirements are met.

    4

    Application Submission

    The complete application for a residence permit, along with all supporting documents, will be submitted to the Civil Registry and Migration Department. The decision is made within six months.

    6 months
    Processing time
    5

    Application Approval

    Once the application is reviewed and approval is granted, you will be issued with an immigration certificate.

    6

    Residency Card

    Within a year upon approval, the main applicant and all their family members included in the application must visit Cyprus to acquire the permit in person. The PRP holder may request Cypriot citizenship after 8 years (the last 12 months of which, the PRP holder would need to have continuously resided in Cyprus).

    Cyprus Properties to Invest in

    As buying agents, we offer a whole range of services in commercial and residential real estate. We only ever act on behalf of the the investor, enabling our clients to secure the advantage and placing them ahead of the competition, when it comes to finding and obtaining the right property in highly sought after areas.

    Frequently Asked Questions
    What is life like in Cyprus?

    Life in Cyprus is laid-back and peaceful. Summers are dry, and winters are mild, with temperatures rarely falling below 50°F. Numerous famous beaches adorn its shores, including Nissi Beach, Coral Bay, and Golden Beach. Popular outdoor pursuits in and around the island include kayaking, sailing, and trekking through the Troodos Mountains. Enjoy our article – Cyprus: The Ultimate Guide

    What’s the minimum investment for citizenship?
    Why should I opt for a Cyprus residency permit?
    Can I use property to generate income under the Golden Visa program?
    Can Cypriot Golden Visa holders get citizenship?
    What are the obligations for Cypriot tax residents?
    Do I need to visit or reside in Cyprus?
    Are you a licensed agent for Cyprus?

    Why Our Clients Choose Us

    35 Years Of Leadership And Dominance

    ASTONS is one of the original firms and has helped to mold the investment migration industry. Founded in London in 1989, Astons has evolved into a family of global companies now headquartered in Dubai.

    On Your Terms

    A global footprint of 8 office locations, and available on-demand via text message, WhatsApp, Telegram, or email.

    Globally Licensed Firm

    ASTONS maintains licensed partnerships with the official governmental agencies, operates in accordance with all laws and regulations - ensuring no risks for you, your reputation, and your investment.

    Earned Reputation

    Averaging 300 clients a year, Astons continues to build on our success story of 9,000+ clients, from over 100 countries, and $2.6+ Billion USD in investments.

    Reliable & Predictable Outcomes

    100% of clients who pass Astons’ due diligence review have had their applications approved.

    Client-Focused Service

    Solutions for discerning investors with official government programs in over 2 dozen countries and a premium real estate catalog in 11 countries. Our experts find the most advantageous solutions to address every client’s wants, needs, and demands.

    Internationally Recognized

    ASTONS is relied upon for expert insights and commentary by: Bloomberg, The Times, CNN, The Telegraph, El Tiempo, El Pais, El Economista, MSN UK, SchengenVisainfo and many others.

    Global Industry Leader

    ASTONS didn’t create the world of investment migration, we perfected it for the benefit of investors. Ranked a TOP-25 firm by Uglobal Immigration Magazine, Best European Citizenship Advisor 2018, and Best Full-Service Investment Immigration Firm 2019.

    Testimonials

    Schedule A Free Consultation

    Connect with Astons via our website, email, WhatsApp, or Telegram, to schedule a consultation. Together we’ll find the perfect residency by investment program for you and your family. In the consultation, we will:

    • Define and understand your wants, needs, goals, and demands
    • Create a list of the best strategies and solutions for you
    • Discuss and explain the various investment options available

    Susanna Uzakova

    Tamara Chetcuti

    Citizenship, residence permit and real estate investment expert
    Head of Astons Athens Office and real estate investment expert in Greece
    Similar Programs
    Country Type Min. Investment Processing Time
    UAEUAE Residency permit USD 205,000 2 Weeks Learn more
    USAUSA Residency permit USD 800,000 from 12 Months Learn more
    MaltaMalta Residency permit EUR 300,000 from 2 Months Learn more
    SpainSpain Residency permit EUR 500,000 from 3 Months Learn more
    GreeceGreece Residency permit EUR 250,000 from 3 Months Learn more
    PortugalPortugal Residency permit EUR 280,000 from 12 Months Learn more
    HungaryHungary Residency permit EUR 250,000 from 4 Months Learn more
    Related Articles
    Back to top →
    Cancel
    Cancel
    Request a call back

    Personal immigration expert will answer all your questions in detail and offer the best solution for your needs.

    Personal real estate agent will answer all your questions and offer the best properties for your needs and budget.

      Required information







      ✓ Valid

      How do you wish to be contacted?

      PhoneEmailTelegramWhatsApp

      Additional information



        Required information








        How do you wish to be contacted?

        PhoneEmailTelegramWhatsApp

        Additional information

        Email - Atons
        OK
        Cancel