One investment. Permanent EU residency for you and your entire family — valid forever, approved in 2 months, with a path to EU citizenship in 8 years. No annual renewal. No conditions.
Most people confuse these two. They’re separate programmes with very different purposes — and for the right client, you want both.
The smart move: Use tax residency (60-day rule) to optimise your tax position from year one. Add the PR programme when you’re ready to lock in a permanent EU base for your family. Many clients do both — they serve different purposes.
Permit valid indefinitely — no renewal, no expiry, no conditions after approval
Path to Cypriot & EU citizenship for you and qualifying family members
Covers spouse, children up to 25, and both sets of parents under one application
Minimum presence to maintain the permit — one brief visit every two years
Open to all nationalities — no restriction on country of origin
Typical approval timeline from application submission to issued permit
No language requirements, no medical exams, no interviews required
Permit holders can typically obtain a Schengen visa within one week
The €300k investment doesn’t just unlock residency — the property itself comes with tax advantages that make it a strong financial decision in its own right.
Cyprus property passes to your heirs completely tax-free
No annual property tax on Cyprus real estate
Zero transfer fee when the purchase is subject to VAT
5% VAT rate available on your first Cyprus residential property
The minimum qualifying investment is €300,000 net of VAT in new residential property, commercial real estate, Cyprus company shares, or approved investment funds. Applicants must also demonstrate annual income of at least €50,000 from abroad (plus €15,000 for a spouse and €10,000 per dependent child).
The Cyprus PR programme is one of the most generous in Europe for family inclusion — extending well beyond a spouse and minor children.
Automatically included in the application at no additional investment
Dependent children, including those in full-time education abroad
Children over 25 who completed their studies in Cyprus also qualify
The investor’s parents and the spouse’s parents are both eligible
Even after children become independent, their permits remain permanently valid
After 8 years, the whole family becomes eligible to apply for EU citizenship
Your physical presence is not required at every stage. A lawyer can handle the application on your behalf once the property purchase is complete.
Acquire residential or commercial property at a minimum of €300,000 net of VAT. The purchase can be made with cash, mortgage, or cryptocurrency — subject to standard AML/KYC requirements. A Sales Agreement is signed and registered with the Cyprus Land Registry.
Typically 2–4 weeksYour lawyer submits Form MIP1 to the Civil Registry and Migration Department on your behalf. You do not need to be present in Cyprus for this. Required documents include proof of purchase, proof of income, a clean criminal record, and valid health insurance.
1–2 weeks to prepareThe Ministry reviews and processes the application. The typical timeline from submission to approval is approximately two months. No interview or in-person meeting is required at any stage.
~2 monthsOnce approved, the Ministry notifies you in writing. You then have one year to visit Cyprus and collect your physical permit card. All family members included in the application collect their cards at the same time.
Up to 1 year to collectVisit Cyprus once to collect your permanent residency cards. After that, you only need to visit once every two years to keep the permit active. Your family’s EU base is secured, permanently.
Then just 1 day every 2 yearsBook a free consultation. We’ll walk through qualifying investment options, your family’s eligibility, and how to structure everything from purchase to permit.