About Cyprus
Cyprus is an island south of Turkey and West of Lebanon that is known for its high-income economy as well as its beautiful Mediterranean climate, with beautiful weather almost all year round. Despite technically being located in West Asia, its cultural makeup and geopolitical climate are more closely tied to Southeast Europe, making it an attractive strategic location for businesses and individuals with interests across Europe, Asia, and the Middle East. Cyprus is a member of the European Union and is expected to join the Schengen zone in 2026. It offers a high standard of living, excellent healthcare options, and, crucially, an extremely business-friendly environment, making it an attractive choice for investors looking for a strategic location to conduct their business. The Cyprus Permanent Residence Programme remains an attractive path for non-European investors to secure long-term residency on the continent; with a simple application process and approvals being granted in a matter of months, it’s a great option for investors who are looking for strong access to European, African, Asian and Middle Eastern markets simultaneously. Plus, with its favorable tax policies, Cyprus offers investors more than just a home in the sun; it’s a strong investment option for businesses as well as families looking to settle in a beautiful country. Cyprus is an ideal destination for those seeking a secondary passport in a beautiful, historic nation; offering a quick and efficient Residence by Investment Programme. The capital of the country is Nicosia The currency is Euro (EUR) The current population as of 2025: 1,367,468
Cyprus
Benefits of Cyprus Residence
Visa-Free Access
Cyprus is expected to join the Schengen Zone in 2026, which will grant visa-free access to all Schengen countries. Currently the Cyprus residency grants visa-free access to Cyprus as well the right to live in Cyprus.
For Family
The main applicant’s spouse and dependent children under the age of 25 can qualify for this residency card.
No Minimum Stay
Applicants must visit Cyprus once every two years to maintain residency status.
Cyprus Residency by Investment Requirements
To qualify for the Cyprus Residence by Investment Program, applicants must meet the following core requirements:
Minimum age of 18
Clean personal background
Pass due diligence checks
Cyprus residence by Invesment
Cyprus Golden Visa applicants are granted permanent residence in Cyprus by acquiring real estate in the amount of EUR 300,000, investing EUR 300,000 in a Cypriot company (that employs at least 5 people), or by allocating EUR 300,000 into an Alternative Investment Fund. The residency permit allows its holder visa-free travel to the Schengen area for 90 days every six months. The residency card must be renewed every five years but there are no stay requirements. To qualify for the Cyprus Residence by Investment Programme, applicants may consider one of the below investment options:
COMPANY INVESTMENT
- Invest EUR 300,000 in a Cypriot company that employs at least five people.
CYPRUS INVESTMENT FUND
- Allocating EUR 300,000 into an Alternative Investment Fund (AIF, RAIF, or UCITS) registered in Cyprus
Cyprus Residency Application Process
The application process for Cyprus residency is straightforward, and applications are currently being processed in 3-4 months. The application process can be divided into the following stages:
Assessment & Onboarding
- •Consult with Passport Legacy’s client advisors.
- •Passport Legacy conducts a due diligence check.
- •Client is onboarded and retainer fees are paid.
Application Preparation & Investment
- •Legal process commences, and necessary documents are collected.
- •Investment requirements are fulfilled (real estate purchase or other qualifying investment).
- •Application is prepared and submitted to the Cyprus Civil Registry and Migration Department.
Document & Application Processing
- •Application is reviewed by the authorities.
- •Residency approval is granted within approximately two to three months.
Finalization & Residency Grant
- •Client travels to Cyprus for biometrics submission.
- •Cyprus Permanent Residency Card is issued.
- •Our team continues to provide post-approval support
Cyprus Residency Through Investment FAQ's
How many countries does Cyprus have access to visa-free and visa on arrival?
Cyprus has visa free and visa on arrival access to over 160 countries worldwide, including China, Germany, Hong-Kong, Japan, Singapore, Spain, the UK and many more. Cyprus is also set to join the Schengen zone in 2026, which will grant residents of Cyprus visa-free access to all Schengen countries.
How long does it take to acquire a residence in Cyprus?
Applications for the Cyprus Residence by Investment Programme are currently being processed in just 2-3 months.
What is the next step once the application has been approved?
Once an application is approved, the investor must fulfil the financial requirements to complete the process. Accordingly, a Residence Card will be issued to Passport Legacy, a government-authorised agent, which will then be shared with the investor to ensure that all information is valid and correct. Once checked and approved, the Residence Card will be handed over to the client.
Overview
Capital city
The capital city of Cyprus is Nicosia, also known as Lefkosia and Lefkoşa. It is the southeasternmost of all EU member states’ capital cities. It is well known for it’s varied and rich history, as well as cultural importance to the region.
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Global Citizen?
Our experts are ready to guide you through every step of the Cyprus Residence by Investment process. Schedule your private consultation today.