* Note: Non-residence permit holders can apply simultaneously.
An investment of at least €2 million for the purchase of a residential property or construction of buildings or for the construction of other land development projects (residential or commercial developments, developments in the tourism sector) or other infrastructure projects.
Note: Investing in housing unit/units, the purchase of another permanent residence in Cyprus will not be required, if at least one of these units is worth at least €500,000 plus applicable VAT.
Investment in the purchase or participation in companies or organizations established and operating in the Republic of Cyprus with investment costs of at least €2 million.
Note: the companies must have physical presence in Cyprus, with significant activity and turnover, and must employ at least five (5) Cypriot or European citizens.
Investment of at least €2 million from AIFs or financial assets established, licensed and supervised in Cyprus by CySec.
Note: Financial Assets include bonds, bills and securities issued by companies that have demonstrated physical presence and substantial economic activity in Cyprus.
A combination of the above investments, provided that the total investment amounts to at least €2 million.
Note: With this option, the applicant may purchase special government bonds of the Republic of Cyprus valued up to €500,000, on the condition that the investor will retain these bonds for a period of three years.
Important: *The most cost-effective investment scenario is the acquisition of residential properties at a total value of €2 million, as this eliminates the need to buy a residential property worth €500,000. For investments in commercial properties or other options as outlined above, the applicant is required to purchase a permanent residential property, worth €500,000, in addition to the initial investment of €2 million.
* Notice: You can sell your properties provided that you keep privately owned residential property which you purchased for a minimum of €500,000.