At a Glance

  • Official Name

    Regulation 6(2) — Permanent Residence Permit

  • Also Known As

    Cyprus Golden Visa

  • Who Can Apply

    Non-EU nationals only

  • Min. Investment

    €300,000
    (+ VAT where applicable)

  • Min. Income

    €50,000/year
    secured from abroad

  • Validity

    Lifetime — card renewed periodically

  • Processing

    Approx. 2–6 months

  • Min. Stay

    No minimum — visit Cyprus at least once every 2 years

  • Work Rights

    No local employment — shareholder/director without salary is permitted

  • Family

    Spouse + children under 18, or aged 18–25 if financially dependent students

  • Gov. Fees

    €500 submission + €70 registration per person

  • Path to Citizenship

    May become available after long-term legal residence, subject to eligibility

What Is the Fast-Track Permanent Residency?

The Fast-Track Permanent Residency — officially Regulation 6(2) — allows non-EU nationals and their families to obtain lifetime permanent residency in Cyprus by making a qualifying investment of at least €300,000. Unlike the Pink Slip, which is renewed annually, this is a permanent residency status. There is no minimum number of days required to be spent in Cyprus — though at least one visit every two years is required.

Lifetime Permit

Permanent status provided the qualifying investment is maintained.

Whole Family Covered

Spouse and children under 18 included. Dependent 18–25 year-olds studying abroad may also qualify.

No Minimum Stay

Visit Cyprus at least once every two years. Ideal for those who travel frequently.

Access to Tax Benefits

183+ days or 60-day rule establishes tax residency — non-dom status, zero SDC on dividends and interest for up to 17 years.

Real Investment

This is a genuine investment in real estate, business, or a fund. The €300,000 remains yours as an appreciating asset.

Qualifying Investment Categories.

The €300,000 minimum investment can be made in one of four officially approved categories. All funds must be transferred from abroad. The investment must be maintained for the permit to remain active.

A

Residential Property From
€300,000 + VAT

All Applications — one form per applicant

B

Commercial Property From
€300,000

Purchase of commercial real estate in Cyprus — offices, retail, hotels, or other commercial developments. Income may include Cyprus-based sources, subject to approval.

C
Cyprus Company Share Capital From €300,000

Investment in share capital of a Cyprus-registered company with physical presence in Cyprus and minimum 5 full-time local employees. Income may include Cyprus-based sources.

D
Cyprus Investment Fund From €300,000

Purchase of commercial real estate in Cyprus — offices, retail, hotels, or other commercial developments. Income may include Cyprus-based sources, subject to approval.

Maintaining the investment:

The qualifying investment must be maintained for the duration of the permit. If sold, it must be replaced with another qualifying investment of at least equivalent value.

Income Requirements.

Main applicant
€50,000
+ Spouse
+€15,000
+ Each child under 18
+€10,000

per child

+ Dependent child aged
18–25 (student)
+€10,000

per child

Accepted income sources:

Salary, pension, dividends, rental income, or interest from abroad. For Category A, income must come from outside Cyprus. For Categories B, C, and D, income may partially derive from Cyprus-based activities. Income evidenced by tax return declarations or an accountant's letter — both accepted.

What the Application Requires.

Valid Passport

Original and certified copies for all family members

Proof of Investment

Title deed or sale agreement (DLS) or share certificates, plus payment receipts

Proof of Fund Transfer from Abroad

Bank transfer documentation with SWIFT confirmation

Proof of Annual Income

Tax return declarations or accountant's letter

Criminal Record Certificate

From country of origin and current country of residence — apostilled

Health Insurance Certificate

Valid insurance covering applicant and dependants (~€200/person/year)

Declaration of No Employment Intent

Signed declaration confirming no intention to take up employment

Proof of Accommodation

Required for Categories B, C, D (where investment is not residential)

Marriage Certificate

If including spouse — apostilled and translated

Birth Certificates for Children

If including children — apostilled and translated

Student Enrolment Confirmation

If including 18–25 child — letter from institution plus proof of dependency

How the Process Works.

  •  
     

    Free Consultation &
    Investment Selection

    We begin with a consultation to understand the applicant's situation, goals, and preferred investment category. Where relevant, we connect with our real estate team to identify qualifying properties.

  •  
     

    Investment Made &
    Funds Transferred

    The qualifying investment is completed and funds are transferred from abroad to a Cyprus bank account. All investment funds must originate from outside Cyprus.

  •  
     

    Document
    Preparation

    All required documents are gathered, certified, and translated. We coordinate with licensed immigration professionals and
    legal team.

  •  
     

    Application Submitted
    to CRMD

    Submitted to the Civil Registry and Migration Department in Nicosia. Government fees of €500 submission + €70 registration
    per person.

  • Review & Approval

    Processing typically takes 2 to 6 months. We follow up throughout and keep the applicant informed.

  •  
     

    Card Collection
    in Cyprus

    Once approved, the applicant and family visit Cyprus in person within one year to provide biometrics and collect permanent residence cards. We coordinate and accompany this visit.

A Permit for Life — and Beyond.

  • From Approval Permanent Residency

    Lifetime status. No annual renewals. No minimum stay. Visit Cyprus at least once every two years.

  • Based on Days Spent Tax Residency & Non-Dom

    Tax residency established under 183-day or 60-day rule — not automatically on arrival. Non-dom status and its tax advantages then become available.

  • After Long-Term Residence Cyprus Citizenship

    Citizenship may become available, subject to physical presence, language, and other eligibility criteria.

Common Questions.

  • Do I need to be in Cyprus to apply?

    No. The application can be submitted by a licensed legal representative. However, once approved, the applicant and family must visit Cyprus in person within one year to collect their cards.

  • Can I sell the investment property after approval?

    The qualifying investment must be maintained. If sold, it must be replaced with another qualifying investment of at least €300,000. Selling without replacing may result in cancellation.

  • Can adult children be included?

    Financially dependent unmarried children aged 18–25 who are studying abroad may be included with an additional income requirement of €10,000
    per child.

  • Is VAT payable on the property purchase?

    Yes, for new residential property under Category A. Standard VAT is 19%, though a reduced 5% rate may apply for a first home intended as a primary residence. The €300,000 threshold is measured excluding VAT.

  • What happens if I do not visit Cyprus for more than two years?

    The permit requires at least one visit every two years to remain active. Failure to visit within this period may result in the permit lapsing.

Not Sure Where to Start?

Most people come to us with one question and leave the first conversation with a clear
plan. Tell us your situation and we will tell you which permit applies, what it involves,
and what the next step looks like.

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