{"id":"cyprus-pr","name":"Cyprus Permanent Residency","type":"RBI","status":"operational","country":"Cyprus","country_code":"CY","url":"https://www.mirabelloconsultancy.com/immigration/cyprus-permanent-residency-by-investment","min_investment":{"amount":300000,"currency":"EUR","route":"New residential property (plus VAT), other real estate, Cyprus company shares or a Cyprus investment fund"},"qualification_basis":"investment","investment_routes":[{"name":"New Residential Property Purchase","type":"real_estate","min":300000,"currency":"EUR"},{"name":"Non-Residential / Commercial Property","type":"real_estate","min":300000,"currency":"EUR"},{"name":"Shares in a Cyprus-Registered Company","type":"business","min":300000,"currency":"EUR"},{"name":"Cyprus Collective Investment Organisation","type":"fund","min":300000,"currency":"EUR"}],"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 students aged 18-25 studying abroad and financially dependent apply separately (own EUR 500 fee, EUR 10,000 extra income each). Non-dependent adult children need an extra EUR 300,000 investment each. PARENTS NOT eligible.","per_dependent_govt_fee_eur":0,"residence_card_fee_eur":70,"income_requirement_eur":"secured annual FOREIGN income EUR50,000 + EUR15,000 spouse + EUR10,000 per child","notes":"EUR 300,000 + VAT in new residential property covers the spouse and children under 18. Parents NOT eligible. Government fees: EUR 500 per application plus EUR 70 per person for the Alien Registration Certificate. Requires secure annual income from abroad of EUR 50,000 (+EUR 15,000 spouse, +EUR 10,000 per dependent child).","source_url":"https://www.gov.cy/mip-md/en/documents/companies-investors-permanent-residence-3/immigration-permits-for-investors/","verified_date":"2026-10-01"},"processing_time":"Approximately 2 months to examine a complete application (Migration Department estimate; varies with application volumes)","visa_free_count":174,"passport_index_rank":null,"key_destinations":null,"travel_access":"EU member state, not in the Schengen Area. A Cyprus permanent residence permit gives the right to live in Cyprus; it does not by itself give visa-free travel to Schengen states or other EU countries, which apply their own visa rules to the holder's nationality.","minimum_stay":"No minimum days per year. The permit lapses if the holder is absent from Cyprus for two years, so visit at least once every two years; holders living abroad must take up residence in Cyprus within one year of approval.","tax_note":"special regime: name: Cyprus Non-Domiciled Tax Regime; duration: Until the individual has been Cyprus tax-resident for 17 of the last 20 years (then deemed domiciled; Tax Department, SDC amendment in force 1 January 2026); benefits: Exemption from Special Defence Contribution (SDC) on dividends and interest for non-domiciled residents; the 2026 tax reform changed SDC on dividends, so confirm current rates with the Tax Department before quoting a figure.","path_to_citizenship":"12 months of continuous legal residence immediately before applying, plus at least 7 years of legal residence in the preceding 10 years (8 years in total). Greek language at B1 level and knowledge of Cyprus's contemporary political and social reality required (Civil Registry (Amendment) Law 2023, in force 19 December 2023).","highlights":["Permanent residence, examined in about 2 months","Spouse and children under 18 included"],"atomic_answer":"Cyprus grants permanent residence from a EUR 300,000 investment in new residential property (plus VAT), other real estate, a Cyprus company or a Cyprus investment fund, with secure income from abroad of EUR 50,000 a year. The Migration Department estimates about two months to examine a complete application; one visit every two years keeps the permit.","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":"EUR 500 charged per application on submission (official criteria, section 7). The spouse and children under 18 are included in the same application. A spouse who wants a separate permit, or a student child aged 18-25, files a separate application and pays its own fee.","residence_card_issuance_eur":70,"residence_card_notes":"EUR 70 per person included in the application for the Alien Registration Certificate (ARC), where one does not already exist","medical_insurance_eur":"Mandatory health insurance covering inpatient and outpatient care for the applicant and each dependant (third-party cost, not a government fee)","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.","source":"https://www.gov.cy/mip-md/en/documents/companies-investors-permanent-residence-3/immigration-permits-for-investors/"}},"last_updated":"2026-10-01","data_freshness":{"verification_confidence":92,"last_verified":"2026-10-01","last_corroborated":"2026-10-01","fields_tracked":7,"stale_fields":0},"mirabello_index":{"composite":87.1,"rank_overall":4,"rank_in_type":2,"scores":{"cost":65,"speed":96,"mobility":100,"path":100,"tax":85,"family":100,"stability":71},"confidence":1},"regulatory_status":{"fatf_list":null,"eu_tax_list":null,"us_sanctions":null,"oecd_crs_high_risk_scheme":true,"as_of":"2026-06","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. Sign purchase agreement and complete the investment, funds transferred from abroad","3. Gather documentation: criminal record certificates, proof of income, health insurance, marriage and birth certificates (officially translated and certified)","4. Submit the application in person or through an authorised representative to the Migration Department","5. Examination by the Migration Department and decision by the Deputy Minister of Migration and International Protection (official estimate about 2 months from submission of a complete application)","6. Decision issued (approval or rejection)","7. Biometrics and residence card issue","8. Take up residence in Cyprus within one year of approval if living abroad"],"required_documents":null,"biometric_enrolment":null,"dependant_additions":null,"nationality_naturalisation":null,"region":"EU","family":{"id":"cyprus-pr","country_code":"CY","family_model":"both","relatives":{"spouse":{"eligible":true,"unmarried_partner":null,"same_sex":null,"min_age_inclusive":null,"conditions":"Spouse covered as a dependant; may instead take a separate permit on own application and fee without meeting the criteria again. Unmarried partners not mentioned. Spouse needs clean criminal record."},"children":{"eligible":true,"max_age_inclusive":17,"age_rule_text":"Children under 18 are dependants on the permit (policy para 5.1); permit for underage dependants valid until age 18.","age_measured_at":null,"adult_child_max_age_inclusive":25,"adult_child_conditions":"Unmarried 18-25, tertiary students abroad at filing date and financially dependent: own separate application and fee, plus EUR 10,000 extra parental income each; permit stays valid after 25 or if no longer unmarried/student/dependent. Non-dependent adult children: only on a multiplied investment (EUR 300,000 x number of adult children included). Future spouses/underage children of these children cannot be included.","step_adopted":null,"disabled_child_any_age":null,"age_bands_for_fees":["under 18 in main application","18-25 student: separate application","adult non-dependent: investment multiple"]},"parents":{"eligible":false,"min_age_inclusive":null,"dependency_required":null,"extra_cost":null,"conditions":"Not dependants under the policy (not listed)."},"grandparents":{"eligible":false,"conditions":"Not listed."},"siblings":{"eligible":false,"conditions":"Not listed."},"other":{}},"timing":{"together_with_main_applicant":true,"add_later":true,"add_later_conditions":"Migration Department page for family members of immigration-permit holders: spouse and children under 18 can be added to an already approved permit with Form MIP2, income declaration, marriage and birth certificates. Applying this to the expedited EUR 300,000 route is inferred from the generic 'Immigration Permit' wording.","add_later_deadline":null,"after_approval_births_marriages":"Same later-addition procedure (marriage and birth certificates are listed documents); no deadline stated.","age_out_during_processing":"Not stated. A minor's permit runs to age 18; the student route can be used at 18-25."},"costs":{"currency":"EUR","contribution_includes_family":"EUR 300,000 minimum investment (plus VAT where applicable) covers spouse and children under 18; adult non-dependent children need EUR 300,000 more each.","per_category":{"spouse":0,"child_under_18":0,"child_18_plus":500,"parent":null},"government_fees":[{"item":"Application fee","amount":500,"currency":"EUR","applies_to":"charged once per application; covers all persons in it"},{"item":"Alien Registration Certificate","amount":70,"currency":"EUR","applies_to":"each person included who lacks one"},{"item":"Later addition of a family member to an approved permit","amount":50,"currency":"EUR","applies_to":"each person added (plus EUR 70 ARC if needed)"}],"due_diligence_per_adult":null,"notes":"Income test: EUR 50,000 secure annual income, +EUR 15,000 spouse, +EUR 10,000 per dependent minor child (and per student child aged 18-25). Health insurance (inpatient and outpatient) for the applicant and dependants. child_18_plus 500 applies to a student child filing own separate application; spouse and minors need no separate application fee."},"dependants_status":{"residence_obligation":"Must take up residence within 1 year of approval; permit lapses on 2 years' absence or permanent residence abroad.","work_rights":"Applicant and spouse must confirm no employment in Cyprus (except directorship of the investee company).","independent_after":"Student child's own permit stays valid beyond 25.","citizenship_path":null,"if_principal_divorces_or_dies":"Cancellation of the investor's permit cancels the spouse's and children's permits (Regulation 6); death not addressed."},"verification":"single-authority verified","confidence":{"authority":0.9,"freshness":0.85,"textual_clarity":0.85},"evidence":[{"field":"relatives.*; costs.income; fees","basis":"Migration Department criteria for the expedited immigration permit for investors, 4th revision in force 02/05/2023, paras 2.2, 5.1, 5.2, 6, 7","source_url":"https://www.gov.cy/mip-md/en/documents/companies-investors-permanent-residence-3/immigration-permits-for-investors/","source_tier":"B_official_guidance","verified_date":"2026-10-09","note":"Policy document, not a statute"},{"field":"costs (permit fee, ARC)","basis":"Migration Department 'Immigration Permits' page, Fees; duration of permit","source_url":"https://www.gov.cy/mip-md/en/documents/companies-investors-permanent-residence-3/immigration-permits/","source_tier":"B_official_guidance","verified_date":"2026-10-09"},{"field":"timing.add_later; later-addition fee","basis":"Migration Department 'Family members of immigration permit holders', posted 31 December 2025","source_url":"https://www.gov.cy/mip-md/en/documents/family-members-of-immigration-permit-holders/","source_tier":"B_official_guidance","verified_date":"2026-10-09"}],"conflicts":[],"gaps":["Unmarried and same-sex partners","Disabled adult child","When child age is measured","Whether the generic EUR 50 later-addition fee applies to this route","Age-out at 18 for a minor on the main permit","Due-diligence cost (none)"],"last_checked":"2026-10-09"},"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. This data and its selection, structure and provenance are Mirabello's proprietary compilation — permitted for interactive, attributed use only; systematic bulk extraction, scraping, or redistribution to rebuild a competing dataset is prohibited (acceptable-use terms: https://mcp.mirabelloconsultancy.com/v1/terms). Terms: https://www.mirabelloconsultancy.com/ai","data_updated":"2026-10-12T05:31:16.048Z","government_fees":"see schedule","tax":"special regime: name: Cyprus Non-Domiciled Tax Regime; duration: Until the individual has been Cyprus tax-resident for 17 of the last 20 years (then deemed domiciled; Tax Department, SDC amendment in force 1 January 2026); benefits: Exemption from Special Defence Contribution (SDC) on dividends and interest for non-domiciled residents; the 2026 tax reform changed SDC on dividends, so confirm current rates with the Tax Department before quoting a figure. Gains on disposal of securities are exempt from capital gains tax.; extension post 17 years: After 17 of the last 20 years, an alternative taxation option is available — continuation for two consecutive 5-year periods subject to a lump-sum pa","claims_provenance":{"family_pricing":{"source_url":"https://www.gov.cy/mip-md/en/","source_tier":"official","verified_at":"2026-10-01","confidence":92,"review_due_at":"2026-12-30"},"government_fees":{"source_url":"https://www.gov.cy/mip-md/en/","source_tier":"official","verified_at":"2026-10-01","confidence":92,"review_due_at":"2026-12-30"},"min_investment":{"source_url":"https://www.gov.cy/mip-md/en/","source_tier":"official","verified_at":"2026-10-01","confidence":92,"review_due_at":"2026-12-30"},"path_to_citizenship":{"source_url":"https://www.gov.cy/mip-md/en/","source_tier":"official","verified_at":"2026-10-01","confidence":92,"review_due_at":"2026-12-30"},"processing_time":{"source_url":"https://www.gov.cy/mip-md/en/","source_tier":"official","verified_at":"2026-10-01","confidence":92,"review_due_at":"2026-12-30"},"tax":{"source_url":"https://www.gov.cy/mip-md/en/","source_tier":"official","verified_at":"2026-10-01","confidence":92,"review_due_at":"2026-12-30"},"travel_access":{"source_url":"https://www.gov.cy/mip-md/en/","source_tier":"official","verified_at":"2026-10-01","confidence":92,"review_due_at":"2026-12-30"}}}