About
Why Cyprus.
Status: The historical Cyprus Citizenship by Investment Programme closed on 1 November 2020. The active route today is the fast-track Permanent Residency Permit.
Cyprus offers one of Europe's most efficient permanent-residency pathways. The fast-track Permanent Residency Permit (Category 6.2 of the Aliens and Immigration Regulations) grants life-long EU permanent residency in approximately 2 months, in exchange for €300,000 in new-build Cyprus real estate plus a €30,000 Cypriot bank deposit.
Key features:
- Life-long validity. PR remains valid as long as you visit Cyprus at least once every 2 years.
- 8-year path to citizenship. After 8 years of legal residence (with sufficient physical presence and Greek language), you become eligible for Cypriot citizenship, and with it EU citizenship.
- 17-year non-dom tax regime. New non-domiciled residents are exempt from Special Defence Contribution on dividends, interest, and rental income.
- Family included. Spouse, children up to 25, and parents over 65 covered.
The Cypriot passport ranks #13 globally with 174 visa-free destinations and full EU citizenship rights.
For clients who would have applied under the historical CBI program (terminated November 2020), the PR + naturalisation pathway offers an 8-year route to the same EU passport. The trade-off is the physical-presence requirement during the residency period.
FAQ
Questions, answered.
Is Cyprus citizenship by investment still open?
How does PR convert to citizenship?
Is the PR valid for life?
What is the Non-Dom tax regime?
Can my family join?
Legal basis
Aliens and Immigration Regulations, Category 6.2 (fast-track Permanent Residence). The historical Cyprus Investment Programme (citizenship) was terminated by Council of Ministers decision on 1 November 2020.
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