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Cyprus, Paphos €555,000 +
Residency
Contemporary apartments located in the heart of Paphos, offering rental income potential, lifestyle-focused amenities, and Cyprus Permanent Residency eligibility.
Apartment, Property, Resort
Program Overview
Cyprus
Golden Visa &
Investment Programs
Secure permanent residency in Cyprus with La Vida’s expert guidance.
Cyprus Golden Visa Overview
Cyprus currently offers a Golden Visa program through real estate investment, granting non-EU nationals and their families permanent EU residency. A previous citizenship-by-investment program ran until November 2020 but is now closed. The permanent residency program remains fully operational and is one of the fastest and most straightforward investor visa routes in Europe. Cyprus is a full member of the European Union and English is widely spoken across the island. Cyprus is actively working toward Schengen Area accession, with the government targeting membership in 2026.
Contact our advisors for further details.
From €300,000 + costs
Real Estate
Full Family
Flexible. No minimum stay.
European Residency
Cyprus Permanent Residency by Investment
Applicants can secure permanent residency in Cyprus through investment in real estate. The program is one of the fastest and simplest investor visa programs in Europe. It requires investment of just €300,000 into property to gain the Cyprus residency permit. The residency visa is granted within two months and covers the whole family. It includes parents of both the main applicant and spouse plus dependent children up to the age of 25. It is valid for life and can be passed down to dependents and spouse.
The permanent residency program offers ease of travel throughout the European Union and requires just one visit to Cyprus by all family members once every two years. The investment may be made by a company for which the main applicant and spouse are beneficial owners. The investment can be in to a maximum of two properties provided they reach the €300,000 permanent residency limit. The properties purchased must be brand new.
Cyprus is an EU member state and is advancing toward Schengen Area membership, with the Cypriot government targeting accession in 2026. Cyprus joined the Schengen Information System (SIS) in July 2023, a key technical prerequisite for full membership. Once admitted, Cyprus permanent residents will benefit from visa-free movement across all Schengen member countries.
Protect Your Legacy – Secure Their Future
A second residency isn’t just a Plan B – it’s a lasting gift of freedom, security, and opportunity for your whole family.
Cyprus Golden Visa Requirements
To qualify for the Cyprus Permanent Residency by Investment Program (commonly referred to as a golden visa), applicants must:
- Purchase eligible new residential or commercial property with a minimum value of €300,000 (plus VAT)
- Provide proof of stable annual income from abroad of at least €50,000 (pension, employment, dividends, or rental income all qualify)
- Hold valid health insurance coverage
- Have a clean criminal record
- Visit Cyprus at least once every two years to maintain residency status
Real Estate Investment Cyprus
La Vida offers a wide portfolio of qualifying Cyprus properties, with investment opportunities starting from €300,000. Below are a selection of residential developments available through the Cyprus Permanent Residency program.
Cyprus, Paphos 
Cyprus, Paphos €560,000 +
Residency
An exclusive collection of luxury beachfront villas in Paphos, Cyprus, offering contemporary Mediterranean living, strong investment appeal, and Cyprus Permanent…
Property, Villa
Cyprus, Paphos €299,000
Residency
A contemporary resort-style apartment development in the heart of Paphos, offering rental income potential, lifestyle-focused amenities, and Cyprus Permanent Residency…
Apartment, Property, Resort
Cyprus Citizenship by Investment – Program Closed
The Cyprus citizenship-by-investment program closed in November 2020. When operational, the program offered one of the quickest routes to citizenship of a European Union country, requiring an investment of €2.0 million in real estate. It is no longer available.
However, investors who obtain permanent residency through the current program can apply for Cypriot citizenship by naturalization after 7 years of legal residence in Cyprus, subject to meeting language, integration, and character requirements under Cypriot naturalization law.
Why Cyprus?
Cyprus offers one of the most competitive tax environments in the European Union. The corporate tax rate is 12.5% – one of the lowest in the EU. Individuals who qualify as non-domiciled residents benefit from an exemption from Special Defense Contribution on foreign-source dividends and interest income for up to 17 years. There is no inheritance tax in Cyprus.
According to Eurobarometer data, 73% of Cypriots speak English, and there are excellent education facilities including several UK universities with campuses on the island. Cyprus consistently ranks among the lowest crime rates in the European Union and among the safest countries in Europe. There is a high standard of healthcare facilities across the island. Cyprus is strategically located at the crossroads of Europe, Asia, and Africa.
As an EU member state, Cyprus offers investors access to the European single market. The country is actively targeting Schengen Area accession in 2026, having already joined the Schengen Information System in July 2023 – a significant step toward free movement across Europe for Cyprus residents and passport holders.
Property acquired is freehold, there is a low property tax, and a reduced VAT rate of just 5% applies to qualifying first-home purchases (subject to conditions).
Cyprus Golden Visa – FAQs
Explore More Citizenship and Residency by Investment Programs
A selection of alternative residency and citizenship investment programs to consider.
Portugal
From €500,000 + costs
Private Equity Investment
European Residency
EU Schengen Zone Travel
Apply Citizenship 5 years
Italy
From €250,000 + costs
Private Equity Investment
European Residency
EU Schengen Zone Travel
Apply Citizenship 10 years
Greece
Greece Golden Visa
€250,000 + costs
Real Estate Investment
European Residency
EU Schengen Zone Travel
Client Testimonials
How Can La Vida Help You?
La Vida has assisted clients in over 160 countries worldwide to obtain their residency or citizenship through investment. Applications for all the programs we deal with can be processed remotely without you ever having to leave your home country. And prior to that our experienced consultants are always available to advise by email, phone, WhatsApp and zoom video calls.
Our team based in London have helped thousands of satisfied clients worldwide process their citizenship investment applications quickly and effectively. We have one centre of excellence worldwide to give you the best experience. Read more on remote processing, the process, our experienced team, sample reviews and testimonials from our clients and understand how La Vida can help you further.
Why La Vida?
La Vida offers a choice of several golden visas programmes for investment in residency and citizenship
18+
Programs we offer Worldwide
164
Countries where we have served clients
125039
Advice given to prospective investors
Page last updated: [May 2026]