Cyprus Permanent Residence 2025
Cyprus is always open to newcomers, offering various paths to permanent residency. One can become a permanent resident by living in Cyprus for 5 years with a temporary residence permit, investing at least €300,000 in the country’s economy, securing permanent employment, or establishing a business. For a detailed price list click here.
As of February 2025, Cyprus is actively refining its immigration policies to attract international professionals and investors. The country is also preparing to join the Schengen Area by the end of 2025, granting visa-free access across member states.
President Nikos Christodoulides announced that Cyprus will meet all technical requirements to join Europe’s passport-free Schengen Zone by the end of 2025. He made this statement at the Beyond Sea and Sun Tourism Conference in Nicosia on January 12.
Visa Policy Updates 2025
In January 2025, Cyprus introduced key visa reforms to attract entrepreneurs, skilled professionals, and families. These updates feature:
These changes strengthen Cyprus’s position as an attractive hub for global talent and investment.
Eligibility Criteria for Cyprus Permanent Residence
Cyprus Permanent Residency by Investment 2025
Cyprus provides a Permanent Residency Program for non-EU nationals through investment. To qualify, applicants must invest at least €300,000 in one of the following categories:
Types of various investment options.
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Additionally, applicants must have a minimum annual income of €50,000, with higher thresholds for dependents. The residency permit is issued within two months and remains valid for ten years, allowing the applicant and their family to live, work, and study in Cyprus.
Here are unique key benefits of a Antigua and Barbuda passport that set it apart from other Citizenship by Investment programs:
Cyprus permanent residence benefits
Visa-Free Access: Permanent residents can enjoy visa-free travel, facilitating easy movement for both business and leisure across numerous European countries.
Right to Live, Work, and Study : Permanent residents can live, work, and study in Cyprus without needing additional permits. They also have access to the local healthcare and education systems.
Family Reunification : The permanent residency permit extends to the applicant’s spouse, children, and parents , allowing families to live together in Cyprus.
Access to Cyprus’ Healthcare System : Cyprus provides quality healthcare services, and permanent residents can benefit from both public and private health services, which are among the best in the EU.
Tax : Cyprus has an attractive tax system with competitive rates for both individuals and businesses, offering advantages for those seeking to establish a business or invest.
Conclusion
Cyprus remains an attractive destination for those seeking residency in 2025. With various pathways, including investment, family reunification, and long-term residence options, Cyprus offers significant benefits such as visa-free travel within the EU, access to healthcare and education, and a high quality of life. Its favorable tax system and stable environment make it an ideal choice for investors, entrepreneurs, and families alike.