Cyprus
European Residency by Investment Program
Time to Residency
9 Months
Visa-Free Access
N/A
Passport Rank
13th in the world
Minimum Investment
€300,000 EUR
Residency Requirements
1 visit every 2 years
Establishment Date
2013
Real Estate
1. Residential Real Estate: Invest a minimum of €300,000 in up to two new residential properties, which can be purchased from different developers.
2. Non-Residential Real Estate: Invest at least €300,000 in up to two new or used commercial properties, including offices, shops, or hotels.
Company Shares
Contribute €300,000 to the share capital of a Cyprus-registered business that employs at least five people.
Cyprus Investment Funds
Invest €300,000 in collective investments under the Cyprus Investment Funds Association (AIF, AIFLNP, or RAIF).
Flag
The flag of Cyprus features a copper-colored silhouette of the island on a white background, symbolizing peace. Below the island are two green olive branches, representing hope for harmony between the Greek Cypriot and Turkish Cypriot communities. The colors reflect Cyprus’s rich natural resources, with copper symbolizing the island’s historical mining heritage.
Coat of Arms
The coat of arms of Cyprus features a dove holding an olive branch, symbolizing peace, over a yellow shield that represents the island’s rich copper deposits. Beneath the shield, the year “1960” marks Cyprus’s independence from British rule, and the entire emblem is framed by two olive branches, reinforcing the message of peace and unity among its people.
Country Capital
Nicosia
Population
1,200,000
Language
Greek, Turkish
Currency
Euro (EUR)
Exchange Rate
1 USD = 0.9 EUR
Government Type
Unitary Parliament Republic
What is the Cyprus Residency by Investment Program?
The Cyprus Residency by Investment Program grants permanent residency to non-EU nationals who invest in Cypriot real estate or businesses.
What is the minimum investment required for Cyprus residency?
Applicants must invest a minimum of €300,000 in residential or commercial property to qualify.
Who is eligible for the Cyprus Residency by Investment Program?
Eligibility is open to non-EU nationals who meet the investment requirements and can prove a secured annual income from abroad.
What are the benefits of obtaining Cyprus residency?
Benefits include the right to reside in Cyprus, visa-free travel within the EU for Cypriot residents, and access to a favorable tax system.
How long does the Cyprus residency application process take?
The application process typically takes two to three months, depending on documentation and processing times.
Can family members be included in the Cyprus residency application?
Yes, the program allows spouses and dependent children to be included under the primary applicant’s residency permit.