Want EU access and a life in the Mediterranean?
Cyprus offers a fast-track permanent residency program for non-EU citizens who invest in real estate. This program provides lifetime residency in an EU country — for you and your family — with minimal stay requirements.
Here’s everything you need to know in 2025:
Eligibility Requirements:
To qualify for Permanent Residency (Category F - Regulation 6.2) through real estate investment, you must:
- Buy a new property (first sale) worth at least €300,000 + VAT
- Show annual income of €50,000 (increased from €30,000 in 2023), plus:
- €15,000 for spouse
- €10,000 per dependent child
- Prove clean criminal record and valid health insurance
Property Criteria:
- Must be a new (first sale) residential property
- Can include two units (e.g., apartment + shop)
- Off-plan or completed — both are accepted
- Must be purchased from a developer (not resale)
Family Members Included:
- Spouse
- Children under 18
- Dependent adult children (up to age 25 if students)
- Parents (under conditions)
Required Documents:
- Valid passports and birth certificates
- Sales agreement of the property
- Proof of payment (€200,000 minimum paid)
- Income documents (bank statements, tax returns)
- Health insurance
- Clean criminal record (from home country)
Application Timeline:
- Application reviewed within 2 months
- Residency card issued upon approval
- No obligation to reside in Cyprus — just visit once every 2 years
Benefits of Cyprus Residency:
- Live in Cyprus year-round
- Easy travel within the EU
- Access to healthcare and education
- Tax-friendly environment
- Pathway to Cyprus citizenship after 7 years (optional)
Work with the Experts
At Soteroula Stavri-Socratous & Co LLC, we help clients from around the world obtain Cyprus Permanent Residency smoothly and legally.
Book a consultation to get started on your Cyprus residency journey today.