{"id":12940,"date":"2023-07-31T07:40:35","date_gmt":"2023-07-31T07:40:35","guid":{"rendered":"https:\/\/www.citizenshipinvest.com\/?page_id=12940"},"modified":"2026-06-15T12:22:48","modified_gmt":"2026-06-15T12:22:48","slug":"cyprus-residency-by-investment","status":"publish","type":"page","link":"https:\/\/www.citizenshipinvest.com\/en\/programs\/cyprus-residency-by-investment\/","title":{"rendered":"Cyprus"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":12,"featured_media":0,"parent":130860,"menu_order":141,"comment_status":"closed","ping_status":"closed","template":"antigua_barbuda_2.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-12940","page","type-page","status-publish","hentry"],"acf":{"section_1_title":"CYPRUS ","section_1_subtitle":"GOLDEN VISA","section_1_description":"The Cyprus Golden Visa comprises the Permanent Residency by Investment Program that was initiated in 2013 for non-EU nationals. Investors can obtain Cyprus permanent residency with an unlimited duration by choosing one of the four investment options. This is a type of visa and it should not be confused with the citizenship by investment program, which has been discontinued since 2020. It is worth noting that Cyprus became an official member of the EU in 2004.","section_2_title":"CITIZENSHIP INVEST IS A TRUSTED PARTNER <br> TO OBTAIN CYPRUS RESIDENCY BY INVESTMENT","section_2_description":"Citizenship Invest ensures the highest success rates through experience and a solid track-record with the different Governments. Every year, we help hundreds of individuals and families to acquire a second residency or citizenship by investment. Citizenship Invest successfully helped clients from over 85 countries around the globe. Most importantly, we have a long-term view of \u2018client-advisor\u2019 relationships and commit to our clients for life. <br>  ","section_2_image":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/07\/hero-img_2-transformed.webp","section_3_list":[{"Icon":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/06\/ovricon-1.jpg","Name":"Processing Time","Description":"The average processing time to obtain Cyprus residency is 3 months"},{"Icon":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/06\/ovricon-3.jpg","Name":"Investment type","Description":"Real Estate or Shares of Cypriot companies or Shares of Cypriot Investment funds"},{"Icon":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/06\/ovricon-4.jpg","Name":"Investment cost","Description":"Minimum value of EUR 300,000 plus VAT (5% to 19%)"},{"Icon":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/06\/ovricon-5.jpg","Name":"Family Dependents","Description":"Spouses and children under 18 qualify. Children aged 18\u201325 may also be eligible if financially dependent and studying outside Cyprus"}],"section_3_bottom_text":"CYPRUS RESIDENCY LAW ","section_4_card":[{"Image":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/09\/card_0-3-4.webp","Title":"SIMPLE PROCESS","title_2":"FAST AND EASY","description":"The process is efficient and only takes approximately 3 months. <br><br> Spouses and children under 18 qualify. Adult children 18\u201325 years old may also be included if financially dependent and studying outside Cyprus.","read_more_status":true,"button":"Read More","read_more":"No physical residency is required, only one visit every two years.<br><br>\r\nThe entire process can be facilitated remotely without the need to be physically present in the country. However, it requires a brief visit for biometric capturing.<br><br>"},{"Image":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/09\/card_1-6.webp","Title":"PATH TO CITIZENSHIP","title_2":"","description":"Eligible for Cyprus citizenship after 5 years of living in the country. Once you acquire the Cyprus citizenship and passport you can travel visa free to 177 countries worldwide. <br><br> Please note that the Cyprus residence does not grant visa-free travel to European countries or the Schengen zone because Cyprus is not yet a member of the Schengen zone. ","read_more_status":true,"button":"Read More","read_more":""},{"Image":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/09\/An-allure-shot-of-a-lady-in-the-pool-in-Cyprus-1.webp","Title":"OTHER ADVANTAGES","title_2":"LIFESTYLE & TAX","description":"Right to Healthcare for all applicants.<br><br>Note that the residency by investment does not give the applicant the right to work, with limited exceptions.<br><br>No Tax on Worldwide Income and no Inheritance.<br><br>","read_more_status":true,"button":"Read More","read_more":"One of the lowest corporate tax rates in Europe at 12.5%. <br><br>Benefit from the country's relatively low cost of living and the lowest crime levels in the EU.\r\n"}],"section_5_title":"","section_5_description":"","section_5_bottom_text":"","section_5_countries_number":"","section_6_video_thumbnail":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/06\/Layer-1.jpg","section_6_video_link":"https:\/\/www.youtube.com\/watch?v=LsJbJuxGCUw","section_6_title":"","section_6_description":"","section_7_description":"In addition to one of the three investment options, investors must demonstrate an annual income of at least EUR 50,000, and additional EUR 15,000 per year for spouses and EUR 10,000 per year for each dependent. Spouse\u2019s income (if any) can be considered which may include salaries, wages, pensions, dividends, fixed deposits, and rental income.","section_7_options":[{"hide_number_brochure_only":false,"title":"OPTION 1","title_2":"REAL ESTATE INVESTMENT","description":"Golden Visa real estate investment entails purchasing new residential properties from a developer or a resale commercial property. The investment must be paid in full with funds from abroad, not sourced or borrowed within Cyprus.","list":[{"name":"Residential Property","amount":"Minimum of EUR 300,000 Plus VAT (5% to 19%)"},{"name":"Commercial Property","amount":"Minimum of EUR 300,000 Plus 19% VAT"}],"title_3":"VAT Reduction and Eligible Properties","description_2":" If the property is for the investor\u2019s personal use, the VAT is reduced to 5%. Residential properties must be new, off-plan properties are included irrespective of the delivery date. Commercial properties may include offices, shops, hotels which are resale or used.","list_2":false,"read_more_status":false,"button":"","read_more":""},{"hide_number_brochure_only":false,"title":"OPTION 2","title_2":"SHARES OF CYPRIOT COMPANIES","description":"To purchase shares or establish a Cyprus company and invest in the share capital. The company must be based and operating in the Republic of Cyprus and have a proven physical presence and an employee minimum of five (5) people.","list":[{"name":"Shares of Cypriot Companies","amount":"Minimum of EUR 300,000"}],"title_3":"","description_2":"","list_2":false,"read_more_status":false,"button":"","read_more":""},{"hide_number_brochure_only":false,"title":"OPTION 3","title_2":"SHARES OF CYPRIOT INVESTMENT FUNDS","description":"Forms of AIF, AIFLNP, RAIF","list":[{"name":"Shares of Cypriot Investment funds ","amount":"Minimum of EUR 300,000"}],"title_3":"Popular Cypriot investment funds that are eligible for the residency by investment program","description_2":"Cyprus Growth Fund: This fund invests in a diversified portfolio of Cypriot companies. <br><br> Cyprus Opportunity Fund: This fund invests in small and medium-sized enterprises in Cyprus. <br><br>Cyprus Infrastructure Fund: This fund invests in infrastructure projects in Cyprus.","list_2":false,"read_more_status":false,"button":"","read_more":""}],"section_7_bottom_title":"Additional Requirements","section_7_bottom_description":"<b>INCOME REQUIREMENTS<\/b><br>In addition to the investment, the applicant must show a secure annual income of EUR 50,000 from abroad. If the applicant wishes to bring their spouse, the annual income is increased by EUR 15,000 (the spouse\u2019s income can count towards this) and if he wishes to bring dependent children the income is increased by EUR 10,000 for each child. <br><br> <b>VERIFICATIONS<\/b> There are some verification requirements concerning the investors\u2019 visa. Every year (annually), you should submit evidence that you maintain the investment, and health insurance certificate for yourself and your family. Every three years, you should submit the following a clean criminal record for yourself and your family from your country of origin and residence. Also you must not acquire permanent residence abroad, or absent yourself from Cyprus for two years. In either case, you lose the permanent residence right. <br><br>     <b>OTHER COSTS<\/b> <br> In addition to the required investment, there are other costs for the Cyprus Permanent Residence by Investment program, which are Government Fees, Citizenship Investprofessional fees, documents certifications when applicable, courier fees, and other small disbursements. Please get in touch with us if you wish to receive a detailed quotation outlining all costs.","section_8_title":"DUE DILIGENCE <br> AND BACKGROUND CHECKS","section_8_subtitle":"Applicable to all investment option","section_8_description":"The government requires mandatory background checks to ensure the integrity of the program. A government-appointed due diligence agency conducts these checks and utilizes different international and local resources, such as Interpol, World-Check, and other government agencies. The agency checks the applicants profile to ensure they are of good character and pose no security risk to Cyprus.","section_8_list_title":"DUE DILIGENCE FEES","section_8_list":false,"section_8_image":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2021\/10\/appl-4.jpg","section_8_list_2_title":"DUE DILIGENCE PROCESS","section_8_list_2_bold_title":"Due diligence normally takes four to six weeks to complete and includes the following checks:","section_8_list_2":[{"list_content":"Identity verification"},{"list_content":"Criminal checks in countries the applicant spent over 6 months in the past 10 years"},{"list_content":"Checks on financial history, including the source of cash for the investment"},{"list_content":"Reputation checks with relevant international authorities and databases."}],"section_8_bottom_title":"INVESTMENT SECURITY","section_8_bottom_description":"Investing in the Cyprus Residency by Investment Program is a prudent decision, as it offers a highly secure avenue for investment. The program has enticed a significant number of affluent investors, and Citizenship Invest boasts an impressive track record of accomplishments.","section_9_title":"APPLICATION PROCESS AND TIMELINE","section_9_description":"The estimated time to receive residency approval depends on the due diligence processing time and the specific case.","section_9_list":[{"month":"1","month_text":"MONTH","title":"Beginning the process","description":"<p>Citizenship Invest Retainer Agreement signed and first Payment of Citizenship Invest Professional Fees.<\/p>\n<p>Arrangement of appointment for the filing of the application.<\/p>\n"},{"month":"2","month_text":"MONTH","title":"Government evaluation and investment process","description":"<p>Opening a Cypriot Bank Account.<\/p>\n<p>The applicant chooses the investment type and transfers the investment amount.<\/p>\n<p>Collection of required documents and putting the file together as per the Government\u2019s guidelines<\/p>\n<p>Submission of the application and supporting documents to the Migration Department in Nicosia.<\/p>\n"},{"month":"3","month_text":"MONTH","title":"Receiving Cyprus Residence Permit","description":"<p>Approval and Cyprus Permanent Residency Permit is issued.<\/p>\n<p>Once the Permanent Residency Permit has been granted, the applicant must visit Cyprus within one year to provide biometric data and collect the permits.<\/p>\n"}],"section_10_title":"DOWNLOAD <br> CYPRUS GOLDEN VISA BROCHURE","section_10_list_title":"CONTENT","section_10_list_1":"<ul>\n<li>Residency Program Overview<\/li>\n<li>Residency Law<\/li>\n<li>Benefits of the program<\/li>\n<li>Applicants Qualifications<\/li>\n<\/ul>\n","section_10_list_2":"<ul>\n<li>Investment requirements<\/li>\n<li>Application Fees<\/li>\n<li>Document Checklist<\/li>\n<li>List of countries Visa free and on arrival<\/li>\n<\/ul>\n","section_10_button":"DOWNLOAD","section_10_button_link":"","section_10_size":"15 pages 700Kb","section_11_cards":[{"title":"AGE","content":"The main applicant must be at least 18 years old."},{"title":"Good Character","content":"The applicant must have a clean criminal record and a good reputation."},{"title":"Health","content":"The applicant must be in good health and provide a medical certificate."},{"title":"Investment","content":"The applicant must make a qualifying investment in one of the investment choices listed and pass a background check and due diligence review."}],"section_11_bottom_title":"REQUIRED DOCUMENTS","section_11_bottom_description":"At Citizenship Invest, we specialise in providing efficient and seamless support for acquiring the Cyprus Residency. Our dedicated Document Collection Specialist plays a crucial role in simplifying the application process by streamlining the required documentation to focus on essential elements. We understand the importance of making the document collection procedure as straightforward as possible, and we are prepared to handle document acquisition on your behalf, minimising your active involvement. <br><br> Please note that the requirements mentioned below are provided as general guidelines. Rest assured that our team thoroughly evaluates your unique case to create a personalised checklist tailored to your specific needs.","section_11_bottom_text":"View All Required Documents","section_12_title":"FAQS","section_12_description":"Frequently Asked Questions","section_12_image":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/07\/hero-img_2-transformed.webp","section_12_list":[{"question":"What is the Cyprus residency by investment program?","answer":"The Cyprus Golden Visa allows investors to obtain Cyprus permanent residency with an unlimited duration by choosing one from the various investment options, which could be either residential or commercial Real Estate properties, shares of Cypriot companies, or shares of Cypriot investment funds."},{"question":"Are holders of permanent residency in Cyprus through investment allowed to work in Cyprus?","answer":"The Cyprus Permanent Residency by Investment Program does not allow investors to work in Cyprus. "},{"question":"Can a Cyprus permanent residency be revoked?","answer":"Yes, if the holder stays outside Cyprus for 2 years. "},{"question":"Who is eligible for the Cyprus residency by investment program?","answer":"To be eligible for the Cyprus Permanent Residence by Investment program, the Main Applicant must be at least 18 years old and can include their spouse, children under 18. Children aged 18\u201325 may also be included if financially dependent and studying outside Cyprus."},{"question":"What are the investment options under the Cyprus residency by investment program?","answer":"Applicants have three options to acquire residency through the Cyprus Permanent Residency Investment Program: by investing in real estate, purchasing shares of Cypriot companies, or purchasing shares of Cypriot Investment funds."},{"question":"Does Cyprus allow Dual Citizenship?","answer":"Yes, Cyprus allows the nationals of the Republic of Cyprus to hold dual citizenship."},{"question":"What are the benefits of the Cyprus residency by investment program?","answer":"The Cyprus Residency by Investment Program presents a range of benefits catering to potential investors' needs and aspirations. These advantages encompass the absence of a physical residency requirement, the provision of healthcare rights, and favourable tax exemptions on income, capital gains, and inheritance. Moreover, the program offers the opportunity for businesses to thrive with low corporate tax rates. It provides a pathway to citizenship in just five years for those seeking a long-term settlement."},{"question":"How long does it take to process a Cyprus residency by investment application?","answer":"It takes 3 months to process a Cyprus residency by Investment application."},{"question":"What are the costs of the Cyprus residency by investment program?","answer":"The costs involved for the Cyprus residency by investment program depend on the applicant\u2019s investment choice. The minimum cost is EUR 300,000 plus VAT."},{"question":"Does the Cyprus Residency by Investment lead to citizenship?","answer":"A holder of the Cyprus residency by investment can apply for citizenship after 5 years of actual stay in Cyprus within a 7-year period.  The equivalent number of days of stay that must be completed is 1825 (5x365). The applicant needs to be in Cyprus continuously in the last year before applying."},{"question":"What are the next steps for me if I am interested in the Cyprus residency by investment program?","answer":"Contact Citizenship Invest, sign the Retainer Agreement, and pay the first fee to start your application today."}],"section_13_first_name":"First Name","section_13_last_name":"Last Name","section_13_budget":"Investment Budget","section_13_program_of_interest":"Program of Interest","section_13_email":"Email Address","section_13_number":"Number","section_13_nationality":"Nationality","section_13_current_country":"Country of Residence","section_13_question":"Your Enquiry","section_14_list":[{"review":"Citizenship Invest is highly recommended for their helpfulness, they answered all of my questions and concerns in a very timely manner, explained all of the processes extremely carefully, and cleared my doubts and concerns multiple times.","name":"Ahmed Slytherin"},{"review":"I had a great experience with the document collection team, they were very detail oriented and made sure to mention everything I needed to know. They also provided great customer service and were very friendly. I would definitely recommend them to others.","name":"Khalil Ben Mansour"},{"review":"I\u2019m absolutely satisfied and special thanks to my relationship manager for good - perfect - excellent service and support.","name":""}],"section_15_title":"SUBSCRIBE TO OUR NEWSLETTER","section_15_input":"Enter email address","section_15_button":"SUBSCRIBE","section_3_title":"PROGRAM OVERVIEW","section_4_title":"PROGRAM BENEFITS","section_13_title":"CONTACT AN ADVISOR","section_14_title":"TESTIMONIALS","section_7_title":"INVESTMENT TYPE AND COSTS","section_13_button":"SUBMIT","section_10_image":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/06\/Layer-155-copy.png","section_11_bottom_list":[{"title":" Personal and Identification Documents for ALL applicants","content":"<ul>\n<li>Original and certified copies of valid passports of all applicants.<\/li>\n<li>Certified copy of marriage certificate.<\/li>\n<li>Certified copy of birth certificates.<\/li>\n<li>Health insurance is mandatory for all applicants.<\/li>\n<li>Proof of permanent address in Cyprus.<\/li>\n<li>Receipt demonstrating payment of relevant fees.<\/li>\n<li>Evidence of No criminal convictions.<\/li>\n<\/ul>\n"},{"title":"Documents required from Main Applicant","content":"<ul>\n<li>Proof of the required declaration of annual income through bank statements.<\/li>\n<li>Documents proving the investment amount has been transferred from abroad.<\/li>\n<li>Investment-related documents proving ownership.<\/li>\n<\/ul>\n"}],"section_11_title":"Eligibility requirements","program_menu_title":"Program menu","program_menu_overview":"Overview","program_menu_benifits":"Benefits","program_menu_visa":"Visa Free Countries","program_menu_costs":"Costs","program_menu_timeline":"Timeline","program_menu_faqs":"FAQs","program_menu_brochure":"BROCHURE","section_3_collapsed":"The Cyprus Permanent Residency by Investment program is based on the Aliens and Immigration Regulation 6(2) of Cyprus, 2005. ","section_5_all_countries":false,"section_5_countries_note":"","program_menu_title_copy":"Program menu","program_menu_overview_copy":" Overview","program_menu_benifits_copy":"Benefits","program_menu_visa_copy":"Visa Free Countries","program_menu_costs_copy":"Costs","program_menu_timeline_copy":"Timeline","program_menu_faqs_copy":"FAQs","program_menu_brochure_copy":"BROCHURE","section_1_image_logo":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/07\/ezgif_com-gif-maker_1-RMSUSPyeh-transformed-1.webp","section_6_hide":false,"section_8_hide":true,"section_10_hide":false,"section_1_image_hero":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/09\/Cyprus-Header.webp","section_8_hide_bottom":true,"section_5_hide":false,"show_or_hide_countries":false,"section_6_image_thumbnail":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/09\/Cyprus-Project-1-3.webp","section_1_image_hero_mobile":false,"brochure_citizenship_country_info_img":"https:\/\/www.citizenshipinvest.com\/wp-content\/uploads\/2023\/09\/Cyprus-Project-1-3.webp","brochure_citizenship_country_info_description":"CYPRUS","brochure_citizenship_country_info_text":"Cyprus enjoys an idyllic Mediterranean lifestyle, beautiful beaches, 340 days of sunshine a year and welcoming friendly people in a relaxed environment. 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Can apply for citizenship after 5 years of actual stay in Cyprus within a 7-year period. 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This brand new, exclusive development is located in Ayia Napa and set to be one of Cyprus\u2019 most vibrant marinas, featuring luxury apartments and villas, yachting facilities, a variety of retail boutiques, restaurant facilities, recreational and nightlife experiences. Immersed amongst crystal blue waters and stunning scenery, Ayia Napa is one of the Islands most visited tourist destinations. Investors can enjoy a high return on their investment, thanks to the services offered in addition to extensive on-site amenities. (Cyprus Marina Resort Real Estate)<\/p>\n<p>2. This brand-new premier development is nestled in the newly opened Akrotiri Peninsula just 2 km from the center of Limassol. Surrounded by lush fragrant orange groves and abundant wildlife, this contemporary new estate offers a selection of luxury apartments and elegant 3-4-bedroom villas. All properties are designed according to the highest standards of contemporary design with exquisite amenities and furnishings. The vibrant city of Limassol is one of Cyprus\u2019 most desired areas for foreign investors. This development is situated just a few minutes\u2019 walk from one of the country\u2019s biggest shopping malls, giving investors exclusive access to internationally recognized boutiques, retail stores, and restaurants. (Luxury Development Limassol)<\/p>\n<p>3. A brand-new luxury development offering a selection of eight contemporary 4-bedroom villas, situated in the center of Aiya Napa, Cyprus. Each villa is tailored made to optimize space throughout, pairing stylish interiors and luxury comforts. The properties feature roof gardens, a Jacuzzi, gym and a private garden with pool &amp; sunbathing deck. The site is located just 250m from the beach offering stunning views overlooking the sea. (Cyprus Luxury New Villas)<\/p>\n<p>4. Stunning brand-new contemporary villas with special emphasis on comfort and functionality. Designed in impeccable harmony with the environment, complementing each villa bespoke design. Located in Limassol\u2019s highly desirable suburbs within a short distance of award-winning sandy beaches, and a plethora of shops, restaurants, cafes and other amenities. Designed using the highest quality materials and stylish finishing to create luxurious living spaces which are both practical and attractive. There are a number of villas and variations of design to choose from making each option unique. (Limassol Villas)<\/p>\n<p>5. These exclusive brand-new residences are the only luxury apartments you will find which are built on the Mediterranean Sea itself. Surrounded by water and the stylish Marina, the development enjoys uninterrupted views of the sea and the coastal city of Limassol. Connected to the marina by their own private bridge and situated just steps away from the beach, these fantastic properties benefit from sublime design features and architectural excellence. 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