{"id":"cyprus-pr","name":"Cyprus Permanent Residency","type":"RBI","status":"operational","country":"Cyprus Permanent Residency","country_code":"CY","url":"https://www.mirabelloconsultancy.com/immigration/cyprus-permanent-residency-by-investment","min_investment":{"amount":300000,"currency":"EUR","route":"Real-estate investment"},"investment_routes":[{"name":"New Residential Property Purchase","type":"real_estate","min":300000},{"name":"Non-Residential / Commercial Property","type":"real_estate","min":300000},{"name":"Shares in a Cyprus-Registered Company","type":"business","min":300000},{"name":"Cyprus Collective Investment Organisation","type":"fund","min":300000}],"family_pricing":{"investment_covers_family":true,"single_applicant":300000,"family_up_to_4":300000,"model":"single-investment-covers-family (NO parents)","included_members":"spouse; children under 18; unmarried dependent children 18-25 in full-time education. PARENTS/IN-LAWS NOT eligible (unlike Greece).","per_dependent_govt_fee_eur":500,"residence_card_fee_eur":70,"income_requirement_eur":"secured annual FOREIGN income EUR50,000 + EUR15,000 spouse + EUR10,000 per child","notes":"EUR300,000 + VAT in new-build residential property covers spouse + minor children (+ unmarried children 18-25 in education). Parents NOT eligible. Govt fees EUR500 main + EUR500/dependent + EUR70 card. Requires proof of EUR50k+ annual foreign income (+EUR15k spouse/+EUR10k child)."},"processing_time":"4–6 months (one of the fastest in Europe)","visa_free_count":174,"passport_index_rank":null,"key_destinations":null,"travel_access":"EU member state. Visa-free travel within EU (but Cyprus is NOT in the Schengen Area — separate visa regime). Cypriot permanent residents can travel within the EU but may need separate visa for Schengen-specific travel in some cases.","minimum_stay":"Must visit Cyprus at least once every 2 years to maintain the permanent residence permit. No ongoing minimum days per year.","tax_note":"income tax: Progressive rates for residents: 0% on first €19,500, 20% on €19,501–€28,000, 25% on €28,001–€36,300, 30% on €36,301–€60,000, 35% on €60,001+. Non-residents taxed only on Cyprus-sourced income.; CGT: 20% on gains from disposal of immovable property situated in Cyprus. Capital gains from ","path_to_citizenship":"8 years of legal residence in Cyprus. Must be physically present for the majority of those 8 years. Must pass basic Greek language exam (A2 level). Cypriot passport offers 177 visa-free countries.","highlights":["Fast EU PR (~2 months)","Family included"],"atomic_answer":"Cyprus Permanent Residency is granted from a EUR 300,000 real-estate investment, typically within ~2 months. It provides EU permanent residence for the family with a minimal visit requirement (once every two years).","fees":{"due_diligence":null,"processing":null,"interview":null,"certificate":null,"application_main":null,"application_dependent":null,"notes":"Total cost including property, taxes, fees, and legal costs is typically €330,000–€360,000+ for a €300,000 property investment. One of the lower fee structures among European Golden Visa programmes.","other":{"application_fee_eur":500,"application_fee_notes":"€500 per application (covers main applicant and all family members in some sources; €500 per person in others — [VERIFY exact rule])","residence_card_issuance_eur":70,"residence_card_notes":"€70 per person for card issuance","medical_insurance_eur":"~€170+ per person (mandatory private health insurance from a Cypriot insurance company)","notes":"Total cost including property, taxes, fees, and legal costs is typically €330,000–€360,000+ for a €300,000 property investment. One of the lower fee structures among European Golden Visa programmes."}},"last_updated":"2026-03-20","data_freshness":{"verification_confidence":92,"last_verified":"2026-07-05","fields_tracked":6,"stale_fields":0},"mirabello_index":{"composite":75.8,"rank_overall":17,"rank_in_type":11,"scores":{"cost":50,"speed":88,"mobility":100,"path":60,"tax":85,"family":100,"stability":65},"confidence":1},"regulatory_status":{"fatf_list":null,"eu_tax_list":null,"us_sanctions":null,"oecd_crs_high_risk_scheme":true,"as_of":"2026-02","note":"Factual status as published by the FATF and the EU Council. Inclusion reflects AML/CFT or tax-governance work programmes, changes regularly (several reputable jurisdictions have been listed and delisted), and its practical impact varies by use-case. Always linked to the official source.","sources":["https://www.oecd.org/en/topics/sub-issues/international-standards-on-tax-transparency/residence-citizenship-by-investment.html"],"oecd_crs_note":"Names JURISDICTIONS whose investment-migration schemes meet OECD risk criteria for circumventing Common Reporting Standard tax reporting (low/no personal income tax on offshore assets + <90 days physical presence). It is a tax-transparency monitoring list, NOT a statement on programme legitimacy; in practice financial institutions apply additional residence/tax checks to documents from these schemes."},"processing_stages":["1. Select and reserve qualifying property or investment (2–4 weeks)","2. Sign purchase agreement and make deposit / complete investment (1–2 weeks)","3. Gather documentation: criminal record certificates, proof of income, health insurance, marriage/birth certificates (2–4 weeks)","4. Submit application to the Civil Registry and Migration Department","5. Due diligence and background checks by Ministry of Interior (8–16 weeks)","6. Decision issued (approval or rejection)","7. Biometrics collection and residence card issuance (2–4 weeks)","8. Registration address in Cyprus confirmed"],"required_documents":null,"biometric_enrolment":null,"region":"EU","provider":"Mirabello Consultancy","source":"Mirabello Consultancy","verified_by":"Mirabello Consultancy (IMC member, ACAMS certified)","book_a_consultation":"https://www.mirabelloconsultancy.com/contact-us-for-your-free-consultation","terms":"https://www.mirabelloconsultancy.com/ai","disclaimer":"Provided by Mirabello Consultancy Ltd. for general information only, indicative and subject to change without notice; not legal, financial, tax, or immigration advice, nor an offer or solicitation. Programmes are operated and governed solely by the respective sovereign governments. No warranty of accuracy or completeness; Mirabello accepts no liability for reliance on this information. © Mirabello Consultancy Ltd. Terms: https://www.mirabelloconsultancy.com/ai","data_updated":"2026-07-12T19:31:37.037Z"}