2026 Program Guide
Southern Cyprus Golden Visa & Residence Permit
Cyprus (South Cyprus) offers accelerated permanent residence (PR) through a new real estate investment from EUR 300,000 and proof of annual income of EUR 50,000. The process is generally completed in two months; citizenship can be applied for after eight years of residence (at least five years of which as permanent resident).
Last updated: 2026-07-07 · Reviewed by: Burak Ünal
At a glance
- Real estate
- From EUR 300,000 (new, from developer)
- Income requirement
- EUR 50,000/year (+ additional income for family)
- Outcome
- Direct permanent residence (PR)
- Processing time
- Approximately 2 months
- Citizenship
- After 8 years
Who is it for?
- Those seeking fast (approximately 2 months) and direct permanent residence.
- Families wanting to live in the EU with a EUR 300,000 new property.
- Those prioritizing a Mediterranean climate and favorable (non-dom) tax environment.
- Those targeting citizenship in the long term (8 years).
Accelerated Permanent Residence
Cyprus (South Cyprus) offers direct and accelerated permanent residence (PR) through a new property worth at least EUR 300,000 (plus VAT) purchased from a developer, along with proof of EUR 50,000 in annual foreign income. The process is generally completed in approximately two months. Additional income is required for spouse and children.
Tax and Citizenship
Cyprus offers significant advantages on dividend and interest income under its 'non-dom' tax regime, creating an attractive financial environment for investors. After permanent residence, applicants who meet the eight-year legal residence requirement (at least five years of which as permanent resident) can apply for citizenship.
Preparing a Smooth Application
Cyprus appeals to investors who want a direct route to permanent residence rather than a permit that must be built up over years. The programme rewards preparation, because much of its speed depends on having documents in order before the application is filed. In outline, you assess eligibility and select the programme, complete the property investment and paperwork, submit the application for due diligence, and then receive approval and your residence card. It suits families in particular, since a spouse, children, and parents can be included, though additional income is expected for accompanying relatives. Two elements sit at the centre of the file: qualifying new-build property and proof of a stable annual income, alongside a clean criminal record and evidence of where your funds come from. Assembling these carefully, together with valid health cover, keeps the process efficient. For those who intend to stay, continued residence can eventually open a path toward citizenship after a longer qualifying period. Because the income and property conditions must be documented precisely, and small gaps can cause delays, it is sensible to review your file with a qualified adviser before submitting.
Benefits
- Fast and direct permanent residence.
- Living in an EU member state.
- Mediterranean climate and favorable tax environment.
- Spouse, children, and parents can be included.
Requirements
- EUR 300,000 new real estate investment.
- EUR 50,000 annual foreign income.
- Clean criminal record.
Costs
- Real estate
- EUR 300,000 (+ VAT)
- Annual income proof
- EUR 50,000
- Government fees
- Additionally apply
Process
Eligibility and program selection
Confirm you can invest at least EUR 300,000 in a new property and prove EUR 50,000 in annual foreign income.
Investment and document preparation
Select a new property from a developer, prepare income proof, and gather a clean criminal record certificate.
Application and due diligence
Submit the accelerated permanent residence application with your property purchase agreement and financial documents.
Approval and residence card
Once approved, in approximately 2 months, receive your permanent residence card.
Renewal / permanent residence
Maintain the property and income conditions, with a path to citizenship after 8 years of residence.
FAQ
- What is the income requirement?
- At least EUR 50,000 in annual foreign income for the main applicant; additional income is required for spouse and children.
- How long does it take to get residence?
- The accelerated process generally provides permanent residence in approximately 2 months.
- Can the real estate be second-hand?
- For accelerated PR, at least one unit of the investment must be a new property purchased from a developer.
- Who from my family can be included?
- Spouse, dependent children up to a certain age, and parents can be included depending on conditions.
- When can I apply for citizenship?
- Citizenship can be applied for after eight years of legal residence (at least five years of which as permanent resident).
- What is Cyprus's tax advantage?
- Significant tax exemptions apply on dividend and interest income under the non-dom regime; this is assessed based on your personal situation.
Sources
Disclaimer: Golden Visa Partners is an investment and immigration advisory firm; it does not provide legal or attorney services. The investment amounts, timelines and program conditions on this page are for general guidance only and, because regulations change quickly, may be out of date. Before making any decision, we recommend consulting current official sources and obtaining independent legal and financial advice.
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