Cyprus•Europe2 months
500 EUR
Indefinite (permanent residence; biennial visit to Cyprus required)
Yes
Not Required
Allowed
Available
Not Required
EUR 300,000+ investment route to permanent residence in Cyprus for non-EU nationals, with EUR 50,000 secured annual income from abroad.
Cyprus's Immigration Permit for Investors, under Regulation 6(2) of the Aliens and Immigration Regulations (revised May 2023), is permanent residence for third-country nationals who invest at least EUR 300,000 plus VAT in Cypriot assets. The Migration Department issues it on an expedited basis for investments in new-build property, other real estate, Cyprus company shares, or AIF/RAIF fund units.
Applicants must also show EUR 50,000 secure annual income from abroad, rising EUR 15,000 for a spouse and EUR 10,000 per child, plus private health insurance and a clean criminal record. Fees are EUR 500 per application and EUR 70 per ARC. Decisions arrive in about two months; the permit does not expire, but holders must visit once every two years and cannot work locally.
This visa is ideal for financially independent non-EU investors and families who want indefinite EU residency, can hold EUR 300,000 in Cypriot property or funds, and earn enough abroad to live without local employment.
Application submission fee | 500 EUR |
Alien Registration Certificate (per person) per person | 70 EUR |
| Status type | Permanent / indefinite |
Visas you can typically switch to from this status.
CyprusThird-country national (non-EU/EEA)
Minimum investment: EUR 300,000 plus VAT in qualifying Cyprus asset (real estate, company shares, or AIF/RAIF units)
Investment funds must be transferred to Cyprus from abroad
Secure annual income of at least EUR 50,000 from sources abroad (+ EUR 15,000 spouse, + EUR 10,000 per dependent child)
Clean criminal record from country of origin and country of residence
Health insurance covering inpatient and outpatient care
Declaration of intention not to take employment in Cyprus (except as director of invested company)
Holder must visit Cyprus at least once every two years
Education
none or higher
Min. Income
50,000 EUR/yr
Investment
300,000 EUR
Valid passport (applicant and dependants)
Title deed or sale contract filed with Department of Lands and Surveys (for real-estate investment)
Proof of payment of at least EUR 300,000 (excluding VAT) and evidence funds came from abroad (SWIFT remittance, bank certificate)
Proof of EUR 50,000+ annual income from abroad (tax return, accountant's certificate)
Clean criminal record certificate from country of origin and country of residence
Health insurance policy certificate covering inpatient and outpatient care
Declaration of non-employment in Cyprus (except as director of invested company)
For company-share investments: Shareholders/Incorporation certificates, business profile, Social Insurance evidence of 5 employees
For fund investments: titles of units, proof of payment, CySEC confirmation, fund memorandum
Marriage certificate and birth certificates for dependants (officially translated/certified)
| Application Form (MIP2) | — |
| Checklist of documents submitted with the application | — |
| Checklist of documents for children studying abroadOptional | — |
| Affidavit / Official Statement of annual income | — |
| Official Statement of non-employment in Cyprus | — |
| Application Steps | Choose and complete a qualifying EUR 300,000+ investment (new-build property, other real estate, Cyp… | gov.cy |
| Fee Breakdown | Application submission fee: 500 EUR; Alien Registration Certificate (per person): 70 EUR | gov.cy |
| Fees | EUR 500 application fee + EUR 70 per person for the Alien Registration Certificate | gov.cy |
| Forms | Application Form (MIP2); Checklist of documents submitted with the application; Checklist of documen… | gov.cy |
| Official Info | https://www.gov.cy/mip-md/en/documents/companies-investors-permanent-residence-3/immigration-permits… | gov.cy |
| Max Stay | Indefinite (permanent residence; biennial visit to Cyprus required) | gov.cy |
| Max Stay Estimate | type: indefinite, notes: Permanent residence with no expiry; holder must visit Cyprus at least once … | gov.cy |
| Processing Estimates | {"minDays":60,"maxDays":60} | gov.cy |
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