Project Description<\/p>\n
\u2022 Policy Nature: Under Regulation 6(2) of the Cyprus Civil Registration and Migration Authority, permanent residency through investment is Cyprus's fast-track program, implemented since 2012, and is one of the most mature investment residency programs in the EU. The program only requires a certain amount of investment, with virtually no restrictions on the applicant's education, occupation, or language proficiency.
\n\u2022 Relationship between home purchase and residency: Home purchase is a core qualification for obtaining permanent residency. Applicants can obtain permanent residency in one step by purchasing compliant property from a developer, without going through a temporary residency stage. This residency permit is valid indefinitely (with no expiration date), but the issued residency card must be renewed every 10 years.
\n\u2022 Minimum threshold: Purchase a newly built residential property (first sale) with a value of 300,000 euros or more (excluding VAT). You can directly purchase one or two properties from the developer (both properties must be from the same developer and the total amount must meet the threshold).
\n\u2022 Restrictions on secondhand homes: Policies have been tightened multiple times since 2025. Currently, new residential properties are the mainstream compliant route, and secondhand homes are generally not applicable. If choosing commercial real estate (offices, shops, hotels, etc.), one can directly purchase a secondhand home with a total price of no less than \u20ac300,000 (no need to be the first sale), but the applicant must simultaneously own or lease a residential property in Cyprus.
\n\u2022 Fast approval: After submitting a complete application, the official processing time is expected to be about 2 months.
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\n\u2022 Schengen Progress: Cyprus is expected to officially join the Schengen Area in 2026, and the countdown has begun. It has completed full technical integration with the Schengen Information System (SIS II) and will commence routine joint maritime patrols with Greece and Italy starting in October 2025, in a transitional phase. This means that holders of Cypriot permanent residency will be able to travel visa-free through the 29 Schengen countries in the future.
\n\u2022 Major tax benefits in 2026: From January 1, 2026, all stamp duties in Cyprus have been abolished, reducing costs for individuals and investors when signing property purchase contracts, lease agreements, and other legal documents. Furthermore, according to EU internal progress documents, from June 2026, the immigration authorities of Germany, the Netherlands, and Portugal have begun accepting Cypriot permanent residency cards as supporting documentation for visa applications, potentially shortening Schengen visa processing times to within 5 working days.
\n\u2022 Three investment paths (choose one): A. Purchase a brand new residential property from a licensed developer (most common); B. Purchase commercial real estate (office buildings, shops, hotels, etc.), no new property required; C. Inject\/increase capital by \u20ac300,000 into a company registered in Cyprus that employs at least 5 people; D. Invest \u20ac300,000 in shares of the Cyprus Collective Investment Organization (AIF\/AIFLNP\/RAIF) fund. A is the preferred choice for family owner-occupied housing; B, C, and D all require the purchase\/lease of additional residential real estate.<\/p>","protected":false},"excerpt":{"rendered":"
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