Cyprus
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About Cyprus
Cyprus is widely regarded as one of the Mediterranean’s most attractive destinations for business and residence. With its warm, stable climate and strategic location at the crossroads of Europe, Asia, and Africa, the island offers a compelling combination of lifestyle and commercial opportunity.
Country Overview
Positioned between three continents, Cyprus enjoys an exceptional geographical advantage that supports tourism, trade, and international business connectivity.
- Population: 1.3 million
- Language:Greek and English (widely spoken in business and government)
- Economy: Modern, service-based economy
- Currency: Euro (EUR)
Living in Cyprus
Cyprus combines high living standards with a favorable investment environment. The island benefits from a well-educated and multilingual workforce, advanced transport infrastructure, and reliable telecommunications systems.
Its economy is primarily service-driven, supported by sectors such as financial services, tourism, real estate, shipping, and professional services. A transparent legal system based on common law principles, together with a pro-business regulatory framework, provides international investors with clarity and confidence.
Cyprus has consistently implemented structural reforms to strengthen its banking sector and stimulate long-term economic growth. Government initiatives continue to focus on enhancing competitiveness, encouraging foreign direct investment, and promoting sustainable development.
The island’s Mediterranean lifestyle — characterized by safety, quality healthcare, reputable international schools, and a relaxed pace of life — further enhances its appeal to families and entrepreneurs alike.
Investment & Residence Opportunities
Cyprus offers structured residence-by-investment pathways that provide access to European living standards within a stable and business-friendly jurisdiction.
For detailed information on the Residence by Investment program and real estate opportunities, please download the Cyprus factsheet or contact Luxegacy Private Solutions directly for tailored guidance.
Contact Luxegacy Private Solutions
Should you require further information or a personalized cost breakdown for you and your family, please contact Luxegacy Private Solutions today. Our advisory team will be pleased to provide confidential, expert assistance tailored to your residency and investment objectives.
Cyprus Residence by Investment
The Cyprus Permanent Residence Program commonly referred to as the Cyprus Golden Visa offers non-European nationals a structured pathway to secure permanent residence in a stable EU jurisdiction through a qualifying investment starting from EUR 300,000.
Cyprus combines a favorable tax environment, high living standards, low crime rates, and a strong healthcare system, making it an attractive destination for families and international investors.
Program Overview
Under Regulation 6(2) of the Aliens and Immigration Regulations, the Ministry of Interior may grant permanent residence to third-country nationals who make a qualifying investment in Cyprus.
The program is designed to attract foreign direct investment while offering applicants and their families the right to reside in a secure and well-regulated European environment.
Key Benefits
- Permanent residence in an EU member state
- Right to live and study in Cyprus
- No inheritance tax
- One of the lowest crime rates in the European Union
- Access to high-quality healthcare and leading medical facilities
- No obligation to permanently reside in Cyprus (visit required once every two years)
- Family inclusion (spouse and children under 25 years)
- Application can be completed remotely (except biometric data submission)
- Eligibility to apply for Cypriot citizenship after seven years of legal residence (subject to conditions)
Investment Requirement
Minimum investment: EUR 300,000 (plus VAT where applicable)
Applicants must select one of the following options:
1. Residential Real Estate
- Purchase up to two new residential properties
- Total market value of at least EUR 300,000
2. Commercial Real Estate
- Purchase up to two new or resale non-residential properties (offices, shops, hotels, or other developments)
- Total market value of at least EUR 300,000
3. Company Investment
- Purchase up to two new or resale non-residential properties (offices, shops, hotels, or other developments)
- Total market value of at least EUR 300,000
4. Investment Funds
- Invest EUR 300,000 in units of approved collective investment schemes (AIF, AIFLNP, or RAIF structures)
Dominica’s program is known for its efficiency, flexibility, and low minimum investment, making it a top choice for Caribbean citizenship.
Income Requirement
Applicants must demonstrate a secured annual income of at least EUR 50,000 from abroad.
Additional requirements:
- EUR 15,000 for a dependent spouse
- EUR 10,000 for each minor child
Qualifying income may include salaries, rental income, pensions, interest, or dividends generated outside Cyprus.
Additional Conditions
- Clean criminal record certificates (renewed every three years for all adult dependents)
- Declaration of non-employment in Cyprus (unless acting as director of the invested company)
- Ongoing maintenance of the investment
- Valid health insurance coverage if not enrolled in the General Healthcare System
Application Procedure
- 1. Selection of qualifying investment route
- 2. Preparation and submission of application with supporting documentation
- 3. Payment of applicable government fees
- 4. Biometric data submission
- 5. Approval and issuance of permanent residence permit
Successful applicants must annually confirm maintenance of their investment.
Frequently Asked Questions
A government-approved residence-by-investment scheme granting permanent residence to eligible non-EU nationals.
EUR 300,000 plus VAT (where applicable).
No permanent residence obligation; however, a visit at least once every two years is required.
Yes. The program covers the spouse and children under 25 years.
Yes, eligible residents may apply for Cypriot citizenship after seven years of legal residence, subject to meeting statutory criteria.
Contact Luxegacy Private Solutions
For a confidential consultation or a detailed breakdown of costs tailored to your family’s needs, contact Luxegacy Private Solutions today. Our advisory team will guide you through every stage of securing permanent residence in Cyprus with discretion and expertise.
Cyprus Real Estate Investment
Cyprus offers an attractive real estate market for non-EU nationals seeking permanent residence through the Cyprus Residence by Investment Program. With its stunning Mediterranean coastline, year-round warm climate, and stable lifestyle, Cyprus is an ideal destination for long-term investment and residence.
Real Estate Investment Overview
Investors can acquire premium residential or commercial properties in Cyprus as part of the Residence by Investment framework. The program allows applicants to secure permanent residence while benefiting from a growing and profitable real estate market.
Key Investment Details
Minimum Investment: EUR 300,000
Ownership Options:
- Sole ownership
- Shared ownership
- Freehold
- Ownership through a company or trust
Holding Period: Required to maintain and renew the residence permit under Regulation 6(2)
Rental Income Potential: 3–5% annually, depending on location and property type
Benefits
- Access to Cyprus permanent residence
- Flexible ownership structures suitable for individuals, families, and corporate entities
- Opportunity for stable rental returns on property investment
- No requirement to permanently reside in Cyprus (visit required once every two years)
- High-quality lifestyle, healthcare, and educational opportunities
Contact Luxegacy Private Solutions
For personalized guidance on real estate investment in Cyprus and to explore opportunities linked to the Residence by Investment Program, contact Luxegacy Private Solutions today. Our expert advisors provide tailored solutions and support throughout the investment and application process.