Cyprus Permanent Residence 2026: investment from €300,000

At least €300,000 excluding VAT, invested in new residential property, commercial property, shares in a Cypriot company or a Cypriot investment fund. Alongside this you must evidence foreign income of at least €50,000 a year, plus €15,000 for a spouse and €10,000 for each dependent child. A realistic budget should also provide for VAT, legal fees and application costs.

The card is valid indefinitely and requires no renewal. Three maintenance conditions apply: the whole family must visit Cyprus at least once every two years; the investment must continue to be held; and an annual declaration confirming the income and criminal record conditions must be filed. Selling the asset without replacing it with an equivalent eligible asset leads to withdrawal of the card.

Not yet. Cyprus is an EU member state but does not apply the Schengen regime in full, so a Cyprus permanent residence card does not by itself permit free movement across the area as a Greek or Portuguese card does. Cyprus is in the process of joining Schengen, so this is a point to reconfirm at the time you file.

Under the residential route of the fast-track 6(2) procedure, only new property purchased first-hand from the developer qualifies; resale property is not accepted. Where commercial property such as an office, hotel or retail unit is used, a resale asset may still qualify. In every case, the investment structure should be confirmed by local counsel before any deposit is paid.

Dependent children up to 25 — in full-time education, unmarried and financially dependent — are included in the same application and retain the card for as long as they meet the conditions. Families can educate children in the British-curriculum international school system at fees appreciably below Western Europe, and use Cyprus as a base for university in Europe or the United Kingdom.