Cypriot Islands

The Cypriot Islands Golden Visa Residency Program

In addition to its beautiful beaches and tropical Mediterranean climate, Cyprus is an ideal destination for non-EU nationals seeking permanent residence.

Program for Permanent Residence in Cyprus

In line with the government's intention to increase foreign investment and to help its economic development, Regulation 6(2) of the Aliens and Immigration Regulations allows the Ministry of Interior to issue residence permits to applicants from non-European countries who intend to invest in the republic.

Golden visa benefits for Cypriots

• If all criteria are met, the application procedure is highly efficient, with a high approval rate.
• Cyprus does not require residency, but a two-year visit is required.
• English language courses are offered at high-quality private schools for dependents.
• The main applicant's spouse and children under 25 are entitled to residency as well.
• it is possible to complete the entire process without being present in the country, except for the biometric capture.
• Cypriot citizenship can be applied for after five years of residence for successful applicants.

Golden visa requirements for Cyprus

In order to qualify for residence, applicants must meet both of the following requirements:

You can choose from the following options:

  • Purchase two new immovable residential properties with a total market value of at least EUR 300,000 plus VAT from two different developers.
  • Up to two immovable non-residential properties (offices, shops, hotels, or other developments) worth at least EUR 300,000.
  •  Invest EUR 300,000 in the share capital of a Cyprus-based physical company that employs at least five people.
  • EUR 300,000 should be invested in units of the Cyprus Investment Funds Association's collective investments (AIF, AIFLNP, RAIF).
  • Proof of an annual income of at least EUR 50,000 derived from abroad is required (an additional EUR 15,000 is required for each dependent spouse and EUR 10,000 for each minor child).

Additionally, applicants must meet the following requirements:

  • Every three years, submit clean criminal records from the country of origin and the country of residence (also applicable to all adult dependents).
  • Applicants who are directors of a company they have invested in should
    provide an official statement confirming their non-employment.

Cyprus golden visa procedures and timeframe

To be eligible for Cyprus residency, completed application forms and appropriate fees and supporting documents must be submitted. Applicants who no longer benefit from the General Healthcare System must provide evidence of maintaining their investment and proof of health insurance each year. Employment salaries, rent, pensions, interest on deposits, and dividends from shares may be included in foreign income.

This information is not intended as immigration advice. GREEN LIGHT MANAGEMENT CONSULTANCY DMCC. is promoting the program as sub-agent for authorized service provider firm We provide legal documentation services and do not give legal advice.

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  • Passport Rank
  • 14
  • Visa-Free Countries
  • 181
  • Time to Residency
  • 3 To 4  Months
  • Investment
  • 300,000 Euro

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