Cyprus residency by investment
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Cyprus previously offered citizenship for investment, but the program was suspended in November 2020 following legislative and regulatory changes. Today, there is no active Cyprus citizenship by investment scheme, but the Golden Visa program opens the way to permanent residence through investment in real estate or business. This residence permit offers long-term security and a path to citizenship after several years.
On this page, we explain the current options, costs, and who can apply for a Golden Visa—Legarithm's lawyers provide professional assistance with all the processes.
What does Cyprus residency by investment provide?
What are the Legal Requirements in Residence And Citizenship?
Non-Dom tax residency
To become a tax resident of Cyprus, you must reside 183 days a year or meet the “60-day rule”. The candidate must also conduct economic activity, work or invest in Cyprus.
Citizenship by naturalization
To obtain citizenship, you must have resided in Cyprus for 7 years (or 5 years for persons with Cypriot children), have legal status and prove financial stability.
8 steps to obtaining residence and citizenship
Cyprus residence: Current realities and pathways
Cyprus has long been known as an attractive destination for foreign investors seeking a strategic base in Europe. While the direct Cyprus citizenship by investment program was suspended in 2020, Cyprus continues to offer a robust route to residency — commonly referred to as the “Cyprus Golden Visa.” This permanent residence-by-investment program is a clear, structured way for non-EU nationals to gain legal status in Cyprus, with the added benefit of a potential pathway to citizenship over time.
What is the Cyprus Golden Visa?
The Cyprus Golden Visa is an immigration program that grants non-EU, non-EEA, and non-Swiss nationals the right to obtain permanent residency by investing in Cyprus. The main focus of the program is attracting foreign capital, with streamlined procedures and a clear set of requirements.
Key aspects include:
Minimum investment of €300,000 in qualifying assets.
Eligibility for the main applicant, spouse, and dependent children up to 25 years old.
The right to live, study, and benefit from the local healthcare system.
No language test or residency obligation, beyond a visit once every two years.
Frequently Asked Questions
Still have questions?
Can I work in Cyprus under permanent residence?
No, unless you are a director in the company you invested in.
How soon can I apply for Cypriot residence?
You may become eligible to apply for citizenship by naturalization after seven years of residence (including at least five years of actual presence).
What if I sell my investment?
If you divest without immediately replacing the asset with another qualifying investment, your residence permit will be revoked.
Is there a language test or residency requirement for the Golden Visa?
There is no language requirement for the Golden Visa. You must visit Cyprus only once every 2 years to maintain your residency status. There is no obligation to live in Cyprus unless you plan to apply for citizenship after 7 years.
Can I apply remotely?
Yes, most processes can be completed without physical presence.
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