Permanent Residence Program in Cyprus

Let Lextrus Real Estate Guide You Through the Cyprus Permanent Residence Program (PRP)

At Lextrus Real Estate, we go beyond helping you find the right property — we provide comprehensive support throughout your journey to permanent residency in Cyprus. Our team works closely with reputable and experienced immigration lawyers who specialise in the Cyprus Permanent Residence Program (PRP).

From identifying qualifying investment opportunities to coordinating legal documentation and supporting compliance with current immigration requirements, we help make the application process smooth, secure, and efficient. Whether you are relocating for lifestyle, business, or long-term residence, Lextrus is your trusted partner at every stage.

Cyprus Permanent Residence Program (PRP)

The Cyprus PRP offers non-EU nationals a route to permanent residency through a qualifying investment, combined with financial and personal eligibility criteria. The current framework includes a minimum investment of €300,000 and an annual income threshold of €50,000 for the main applicant, plus €15,000 for a spouse and €10,000 for each dependent child.

Key Updates

• Annual income requirement: €50,000 for the main applicant, plus €15,000 for a spouse and €10,000 for each dependent child.
• Parents and parents-in-law are no longer eligible for inclusion under the main application.
• Eligible investment options include:
  • New residential property
  • Commercial property (new or resale)
  • Shares in a Cyprus-registered company, subject to qualifying conditions including local employment
  • Units in regulated Cyprus investment funds
• Applicants must continue to maintain the qualifying investment and satisfy the ongoing conditions of the permit.
• The residence status is permanent, while the physical residence permit card is issued for a fixed period and renewed accordingly.

Eligibility

Applicants must generally satisfy the following:

• Be over 18 years of age
• Have a clean criminal record
• Hold valid health insurance in Cyprus
• Maintain the qualifying investment
• Visit Cyprus at least once every two years to keep the permit valid.

Family Members

The main applicant may include:

• A spouse
• Children under the age of 18

Unmarried dependent children aged 18 to 25 may be eligible under specific conditions and subject to the applicable documentation and income requirements. Parents and parents-in-law are not included under the current rules.

Investment Options

These investment routes are reflected in the current investor permit criteria published by the Migration Department.

Financial Requirements

The applicant must demonstrate a secure annual income of:

• €50,000 for the main applicant
• + €15,000 for the spouse
• + €10,000 for each dependent child

Depending on the chosen investment route, income-source rules may differ. In residential-property cases, the income is generally expected to come from abroad; other categories may allow more flexibility. This should always be checked with the handling lawyer before submission.

Main Benefits

• Permanent residence status in Cyprus
• Inclusion of qualifying family members
• Minimal physical presence requirement, with one visit at least every two years
• Access to Cyprus’s high quality of life, healthcare, education, and business-friendly environment
• Ability to own qualifying investments and receive related income, subject to the applicable rules.

Important Note

The Cyprus Permanent Residence Program is a residency route, not a citizenship-by-investment scheme. Any future citizenship application is subject to separate legal requirements under Cyprus naturalisation law.

EU Blue Card in Cyprus

Cyprus has also been accepting EU Blue Card applications since 7 July 2025 for highly qualified non-EU nationals in specific sectors. The current eligible sectors are:

• Information and Communication Technologies (ICT)
• Pharmaceuticals, for research purposes
• Shipping, excluding captains and crew

The minimum gross annual salary for the Cyprus EU Blue Card is €43,632.

This is a separate route from the PRP and is designed for highly skilled employment, rather than investment-based residence.

How Lextrus Can Assist

At Lextrus Real Estate, we assist clients with:

• Identifying qualifying investment properties
• Coordinating with experienced immigration lawyers
• Supporting document preparation
• Liaising through the property acquisition process
• Helping clients navigate the Cyprus residency framework with confidence and discretion

“Immigration criteria may change. Applications are subject to approval by the competent Cyprus authorities and legal review of each applicant’s circumstances.”