Investing in Cyprus
Explore Cyprus’ property market for ownership, residency, and citizenship opportunities today.
A Guide to Property Ownership, Residency, and Citizenship
Cyprus is a prime destination for international property investors, known for its high standard of living, strategic location, and favourable tax environment. With various options to obtain residency and potential paths to citizenship through real estate investment, Cyprus offers a unique opportunity for individuals seeking a European base. Here’s a detailed guide on how you can benefit from investing in Cyprus.
Why Invest in Cyprus?
Strategic Location
Cyprus offers ideal access to Europe, Africa, and Asia, making it a prime hub for business and travel.
Stable Economy and Legal Framework
Cyprus provides a secure, transparent environment for investors with a strong legal system.
High Quality of Life
Cyprus boasts a mild climate, low crime, excellent healthcare, and diverse English-speaking communities.
Tax and Business Advantages
Cyprus offers a low 12.5% corporate tax rate and has double taxation treaties with over 60 countries.
Residency and Citizenship
Cyprus property investment grants residency and potential citizenship, including Schengen travel.
Unlock Permanent Residency and Citizenship in Cyprus through Property Investment
Residency through Property Investment
Investing in real estate in Cyprus can qualify you for a permanent residency permit through the Fast-Track Permanent Residence Program. The key investment criteria include:
- Minimum Investment Requirement: Applicants must invest a minimum of €300,000 in a property, which must be a new property purchased from a developer. It can be either a residential property (apartment or house) or a commercial property (office, shop, or hotel).
- Additional Income Requirements: The applicant must have a secured annual income of at least €50,000, which increases by €15,000 for the spouse and €10,000 for each dependent child. This income must come from sources outside Cyprus unless the investment is in a Cypriot business or investment fund.
- Eligibility for Dependents: The residency permit covers the applicant’s spouse and children under the age of 18. Unmarried children aged 18-25 who are financially dependent on the applicant and enrolled in tertiary education can also be included.
- Flexibility in Investments: Apart from real estate, other eligible investment categories include purchasing shares in Cypriot companies, investing in units of Cypriot investment funds, or contributing to government bonds.
With permanent residency, you and your family can reside in Cyprus indefinitely. We can assist you in navigating the application process, ensuring all documentation is prepared correctly and submitted for approval.
Types of Investment Categories for Residency in Cyprus
To qualify for an immigration permit, you must make an investment of at least €300,000 in one of the following categories:
Residential Property
Purchase a new house or apartment from a development company, which must be a first-time sale. The property must be valued at €300,000 (plus VAT).
Commercial Property
Invest in office spaces, shops, hotels, or similar developments with a minimum value of €300,000. This investment can be from resale properties.
Cypriot Company Share Capital
Invest in a Cypriot-registered company, which must employ at least five Cypriot or EU citizens and have a physical presence in Cyprus.
Investment Funds
Invest in units of Cyprus Investment Organization of Collective Investments (AIF, AIFLNP, RAIF) with a minimum value of €300,000, which must be held within the Republic of Cyprus.
Application Process
Submit your application with a €500 fee, plus an additional €70 for each extra person included.
If all criteria are met, the residency application will be processed and approved within two months.
You must establish residence in Cyprus within one year of approval to avoid permit cancellation.
Start Your Cyprus Investment Journey Today
Our team will provide personalised guidance based on your goals and help you through every step of the process. Chat with our virtual assistant or schedule a meeting with one of our experts today to get started!