Coastal Cyprus View | Savory & Partners
Crest of Cyprus

program

Cyprus Residency by Investment

Program Overview

Minimum Investment

N/A Donation

Minimum Investment

€300,000 Real Estate

Time to Residency

2-3 Months

Visa-free Access

1 Country

Cyprus Residency by Investment Requirements

As of 2020, the government of Cyprus allows applicants to obtain a permanent residency by investment.

To qualify, you are required to be over 18 years of age, in good health and without a criminal record.

Additionally, you are required to deposit capital in a financial institution in Cyprus, which will be pledged for 3 years.

You can also qualify by making a real estate purchase. Whichever investment option your take, you must provide proof of a secure annual income for yourself and to cover all dependents.

Main Applicant Requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Confirmed investment sources
  • All applicants must visit Cyprus at least once every 2 years

Eligible Dependents

  • Spouse of the main applicant
  • Dependent unmarried children up to the age of 25 in full-time education

Cyprus Residency by Investment Benefits

Dual residency

Permanent Resident status

As a resident of Cyprus, you and your family can freely reside in the country.

Dual residency

Health & Education

As residents, you and your family will have access to the best universities and schools, and world-class healthcare.

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Tax relief

Cyprus has one of the lowest taxation rates in Europe, with no foreign income tax, inheritance tax, or withholding tax.

Health & Education

Pathway to citizenship

If requirements are met, this residency program can lead to Cypriot citizenship.

Savory and Partners

Business opportunities

You can register a company or be a shareholder in any Cypriot company.

Legal Basis

CYPRUS | Residency by Investment

Legal Basis

Cyprus grants non-EU nationals the right to permanently reside in Cyprus with no renewal requirements other than the card that is valid for 10 years. Permanent Residency is granted to third-country nationals, who apply under Regulation 6(2) of the Aliens and Immigration Regulations, if they fulfil the specified criteria.

Costs of Cyprus Permanent Residency

You must prove that you meet the following requirements:
1) Make a minimum qualifying investment in one of these options
You must prove that you meet the following requirements: Purchase of up to two new house or apartments in a development OR, Purchase of up to two commercial real estate units such as offices, shops, hotels, or a combination OR, Purchase of share capital in an existing or newly registered Cypriot company employing at least five people OR, Purchase of share capital in Cyprus Investment Organization Collective Investments units

Minimum investment

€300,000 (plus VAT)

2) Proof of income
You should prove a designated income as a solo investor and an adjusted one if applying with dependents.

SOLO INVESTOR

€50,000

INVESTOR + SPOUSE

€65,000

EACH DEPENDENT CHILD

€10,000

Application Process For Cyprus Permanent Residency

The expected timeframe for the application process is 2-3 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Application Process

2-3 months

*Sample of Residence Card
Cypriot Residency Permit | Savory & Partners
  • Step 1
    Savory & Partners pre-screens your passport copy for government pre-approval. We require a down payment of the professional fees to open your application. You can expect to receive a response within 24-48 hours.
  • Step 2
    We will aid and advise collecting documents required by the checklist for the Cyprus Golden Visa application. Then we set up a meeting with dedicated attorneys in Cyprus so that you can sign a “Power of Attorney" in the presence of a certifying officer.
  • Step 3
    Savory and Partners will assist in the opening of a Cypriot bank account.
  • Step 4
    We will guide you to acquire a Cypriot property/properties that meets the €300,000 threshold and start preparing the real estate purchase documentation required to be presented for the Permanent Residency application. You must make an initial payment of at least €200,000.
  • Step 5
    Once the sale agreement for the purchase of your property is signed and all other relevant documents collated, we will file the Permanent Residency application with the Migration Department. Approval can be as quick as two months, and you secure Permanent Residency provided you meet all requirements.
  • Step 6
    Once the Cypriot Government grants you Permanent Residency, you must visit Cyprus within one year to obtain the actual permit and passport stamps. The remaining 50% Savory & Partners fees are now due.
Savory and Partners

PORTUGAL | RESIDENCY BY INVESTMENT

READY TO APPLY?

Visa-free Countries with Cyprus Residency

When you become a permanent resident of Cyprus, you can travel freely to and from Cyprus. As Cyprus is not part of the Schengen, you cannot travel freely within the Schengen area; there are exceptions for some countries, but certain conditions apply.

Visa-free countries

1 Country

Visa-free access

  • Cyprus

Client Success Stories

World-Class Healthcare as an EU Citizen

The Challenge

Our client, a Pakistani entrepreneur, had always dreamt of providing his family with a better future, both in terms of opportunities and quality of life. After hearing about Malta's Residency by Investment program, he decided to take action.

In 2022, he successfully secured residency for himself, his wife, and their elderly parents. This allowed them to live in Malta while enjoying the benefits of an EU residency. The program promised eventual citizenship after one year of residency, which was exactly what they hoped for.

However, shortly after they moved to Malta, the client's mother was diagnosed with breast cancer. The news came as a shock, and the gravity of the situation hit hard. His mother, who had always been a source of strength for the family, now faced a life-threatening illness.

With her health at risk, the family’s immediate concern became securing the best possible treatment. This meant having access to world-class medical facilities without delay, as they didn’t have the luxury of time to wait for appointments or referrals.

The client knew that Malta's healthcare system was ranked among the best in Europe, but he wasn’t sure how quickly they could get the care his mother urgently needed. He reached out to us for guidance, hoping we could help expedite her treatment in this crucial time.

Our Solution

We immediately got to work, leveraging our extensive knowledge of Malta’s Residency by Investment program. Thanks to his status as a resident, our client had already been granted access to Malta's renowned healthcare system.

The country ranks 5th globally in healthcare quality according to the World Health Organization. It was a relief to know that his mother would receive top-notch treatment, but now we had to make the process as smooth and quick as possible.

We guided our client through the available healthcare options, helping him navigate the local medical landscape to ensure his mother could get the immediate care she required.

We recommended one of the top breast care clinics in Malta, known for its cutting-edge treatments and specialized care. She was able to get an immediate consultation, and the team quickly devised a treatment plan to address her condition.

During this time, our client’s family was in the process of completing their citizenship application, which they were eligible for after just one year of residency. As soon as they were granted citizenship, our client and his parents could travel across Europe more easily. This proved invaluable when the family made the decision to seek additional treatment in France, one of the leading countries in cancer care.

The Result

With the support of Malta’s exceptional healthcare system, the client’s mother successfully completed her treatment. Now fully recovered, the family has returned to Malta, enjoying the security of citizenship, access to free public healthcare, and the social benefits of living in a safe and vibrant country.

Why Choose Malta Citizenship?

Malta's Citizenship by Investment program offers a multitude of advantages that make it an ideal choice for investors and their families:

  1. Access to Malta’s top-tier healthcare system, ranked among the world’s best
  2. Visa-free travel to over 160 countries, including the USA and Canada
  3. Ability to live, work, and study anywhere within the EU
  4. Long-term security with family inclusion options
  5. Free public healthcare, education, and social services
  6. Stable and growing economy with opportunities to establish a business

Investment Requirements:

  • A contribution of at least €750,000 for a minimum residency period of 12 months and €600,000 for 36 months.
  • Property Investment: Minimum of €700,000 for purchasing a property or €16,000 annual rental agreement.
  • Donation: €10,000 to a charitable cause designated by the government.
  • Residency Requirement: 12 months of residency before applying for citizenship.

Download brochure

Content

  • Cyprus Country profile
  • Benefits of the program
  • Investment requirements
  • Investment process

Length

4 pages

Language

English & Arabic

size

1 mb

ABOUT CYPRUS

Savory and Partners

CAPITAL

Nicosia

Savory and Partners

TOTAL AREA

9,251 km²

Savory and Partners

POPULATION

1.347 million

Savory and Partners

LANGUAGE(S)

Greek, Turkish

Savory and Partners

CURRENCY

Euro (EUR)

Savory and Partners

EXCHANGE RATE

$1 = €0.92

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GDP – PER CAPITA (2025)

$41,130

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GDP – TOTAL (2025)

$61.30 billion

About Cyprus

Officially known as the Republic of Cyprus, the nation has a population of over 1.3 million.

With a GDP of more than $40,000 per capita, the country is an advanced, high-income economy with a respectable score on the UN Human Development Index.

Cyprus boasts an established offshore banking sector and amongst the lowest corporation taxes in the EU, making for attractive international tax-planning possibilities, plus many tax exemptions exist for non-residents with free trade within The Island has signed double taxation treaties with 50+ countries.

Offering a warm Mediterranean climate, the island receives over 300 days of sunshine per year.

There is an excellent education system with some high standard schools and universities and first-rate healthcare.

Tourism, financial services and shipping contribute significantly to the economy, and offshore gas fields have been discovered in the 21st century.

Real estate yields and prices are increasing in a country that is proving increasingly attractive to property investors.

Where is Cyprus?

Cyprus is the third largest and third-most populous island in the Mediterranean. It lies east of Greece, north of Egypt, south of Türkiye, and west of Lebanon and Syria.

CYPRUS | Residency by Investment

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