Cyprus permanent residency through property.

Cyprus offers a fast-track permanent residence permit to non-EU nationals who buy qualifying property. It covers the applicant, their spouse and dependent children, and it does not need to be renewed, as long as the conditions keep being met. For many families it is a calm, practical base inside the European Union.

• At least €300,000 (plus VAT) in new residential property, bought directly from a developer.
• The property is usually one home, or a combination such as a house and a shop or office.
• A significant part of the price must be paid at the time of application, with proof of funds coming from abroad.
• The sale contract must be stamped and registered with the Land Registry.

• A secure annual income from outside Cyprus of at least €50,000 for the main applicant.
• Plus around €15,000 for a spouse and €10,000 for each dependent child.
• Income can come from salary, pensions, dividends, rent or deposits held abroad.

• A clean criminal record from your country of residence.
• Health insurance for the family.
• A visit to Cyprus at least once every two years to keep the permit active.
• The permit does not, by itself, allow employment in Cyprus. Holding shares in, and directing, a Cyprus company is generally possible.

1. Define goals and budget, and confirm your family qualifies.
2. Select a qualifying new-build property and check the developer, title and permits.
3. Sign and register the contract; make the required payment from abroad.
4. Prepare documents: passports, income proof, criminal record, insurance, marriage and birth certificates.
5. Submit the application to the Civil Registry and Migration Department.
6. Receive the decision, typically within a few months, and complete biometrics in Cyprus.

• Choosing a resale property, which does not qualify.
• Paying from a Cypriot source instead of from abroad.
• Buying for the permit only, not for long-term value or rental demand.
• Skipping independent checks on the developer and the title deeds.