Fast-Track Residency
Requirements:
- Investment in a brand-new residential property with a minimum value of €300,000 (+VAT)
- Demonstrate a secure annual income of at least €50,000 from abroad (increases by €15,000 for a spouse and €10,000 for each dependent child)
- Provide proof of a clean criminal record and a valid passport
- Visit Cyprus at least once every two years to maintain residency status
Processing time: Up to 6 months
Slow-Track Residency
Requirements:
- No minimum investment amount required (applicants can purchase new or resale properties)
- Demonstrate a secure annual income from abroad of at least €9,568 for the main applicant, plus €4,613 for each dependent
- Deposit approximately €15,000–€20,000 in a Cypriot bank account
- Provide proof of a clean criminal record and a valid passport
- Visit Cyprus at least once every two years to maintain residency status
Processing time: Up to 2 years
Residency Benefits
Family inclusion: Granted to the applicant, spouse, and dependent children
Lifetime residency: No renewal requirements once approved
Tax advantages: Access to Cyprus's favorable tax regime with no inheritance tax
EU access: Freedom to travel throughout the European Union
