€300,000 invested in Cyprus, a lifetime permit for the whole family, granted in two to six months. Here is how it actually works — and what the status does not cover.
Fast-track permanent residency is designed for nationals of countries outside the European Union. If you hold an EU passport you do not need it: your right of residence flows directly from freedom of movement (see the dedicated page for EU citizens).
The route is governed by paragraph 6(2) of the Cyprus Aliens and Immigration Regulations. The principle is simple: you invest durably in the country, and Cyprus grants you a permanent right of residence in months rather than years.
The threshold is €300,000 excluding VAT. Four categories of investment qualify:
Funds must originate from abroad and be fully traceable. It is this file — not the immigration department — that most often stretches the timeline.
Alongside the investment, you must show stable income of foreign origin, demonstrating that you can support yourself without working in Cyprus.
| Household | Minimum annual income |
|---|---|
| Main applicant | €50,000 |
| + Spouse | + €15,000 |
| + Each minor child | + €10,000 |
It is not a right to work. The permit does not authorise local employment. You may, however, be a shareholder and director of your own Cyprus company and receive dividends from it.
It is not citizenship. It is a right of residence. A passport requires naturalisation after several years of genuine residence.
It is not a right to live anywhere in the EU. The permit applies to Cyprus; it does not allow you to settle permanently in another member state.
The qualifying asset must be held for as long as you keep the status. Disposing of it without equivalent replacement leads to revocation of the permit — for you and your family. A purchased property may nevertheless be rented out.
We identify the option that fits your plan: to live in, to rent out, or to hold. The choice has lasting tax and practical consequences.
The decisive stage. Bank records, origin of wealth, documented international transfers.
Legal due diligence on the asset, contract, and payment from an account in your own name.
Passport, CV, civil status documents, criminal record certificate, health insurance, proof of income and investment.
On the fast track, expect two to six months from a complete file.
Residency and taxation are entirely separate matters. The permit gives you the right to live in Cyprus; it does not automatically make you a tax resident, and it does not grant non-domiciled status.
To benefit from the non-dom regime — 0% on dividends and interest for 17 years — you must separately establish tax residency (the 183-day or 60-day rule) and then declare your non-domiciled status. Both run in parallel, and it is precisely their coordination that requires method.
Thirty minutes to assess your eligibility, choose the right investment option and set a realistic timeline for your file.
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