Cyprus

Permanent residence by investment (Regulation 6(2)). Fast-track permanent residence through a €300,000 new-build property purchase plus a secure income test.

Free, with the law behind every answer

Permanent residence by investment (Regulation 6(2))

Indefinite (permanent) residence, typically decided within 2–6 months.

Who qualifies

Investment of at least €300,000 (plus VAT) in a new-build property purchased directly from a developer; resale properties do not qualify. At least €200,000 must be paid before applying, using funds from abroad.
Aliens and Immigration Regulations, Regulation 6(2)
Secure annual income from abroad of at least €50,000, plus €15,000 for a spouse and €10,000 per other dependant.
Aliens and Immigration Regulations, Regulation 6(2)
Must visit Cyprus at least once every 2 years to keep the permit from being revoked, and generally retain the investment.
Aliens and Immigration Regulations, Regulation 6(2)

You keep your U.S. citizenship.

Does it fit your family?

One question, from the program’s own rules.

Savings you could move or invest?

Not legal advice.

What it takes.

Investment: About $330,000.
Time: 2–6 months for the decision.
Cost: About $15,000–30,000 beyond the property: transfer fees, legal costs, VAT considerations.
The hard part: The property must be new-build from a developer, which limits the eligible inventory compared with a resale purchase.

Dollar figures are converted from the local currency at the rate the program’s research used; the official figure is in the local currency.

Citizens by 2036.

If your first permit is issued in 2027 and you keep living there, this is the road.

2027
First residence permit
10 years, renewable for 10 years at a time.
2035
Apply for citizenship
With a language test and a civics test.
2036
Citizenship

Language: Greek at B1, shown by a certificate from the Greek Language Centre exams or the University of Cyprus. Holders of a Greek-language secondary diploma or degree are exempt.
Civics: An exam on the basic elements of Cyprus’s contemporary political and social life, run by the Ministry of Education; pass mark 60%.
Time away: Twelve months of continuous legal residence right before applying, during which absences totalling up to 90 days are allowed, plus at least 7 years of legal residence in the 10 years before that. Eight years in all at the least.
Two passports: Yes. You keep your U.S. citizenship.

Permanent from the start and kept with one visit every two years, but citizenship still needs eight years of real residence with the last twelve months nearly unbroken.
How long the decision takes isn’t published; we allow a year.

The law behind these dates

Living there.

Time you must spend there: One visit every 2 years is enough to keep the permit — far below ordinary residence.
Tax: PR-by-investment holders are not automatically Cypriot tax residents unless they meet the 183-day or 60-day non-domicile test.

We never file a tax return. We tell you what applies and brief the professional who does.

Start today.

Identify a qualifying new-build property and apply through the Migration Department.Open gov.cy ↗
Gather these documents.
- Proof of the funds to invest: about $330,000, and where they came from
- Request your FBI Identity History Summary
- Health cover for the move

Postern can’t run this for you yet.

Postern cannot run this application yet. Missing: The current investor-specific complete application checklist and declarations have not been retrieved Annual investment and insurance monitoring, three-year criminal-record submissions and ten-year card replacement need complete official filing procedures and replacement fee

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