Permanent residence in Cyprus under the expedited procedure for an investment of EUR 300,000 in a new home from a developer, commercial property, the share capital of a Cypriot company or a Cyprus investment fund. The status is for life, the card runs 10 years, the whole family is in one file, and the department's own estimate for a decision is about 2 months. You do not have to live in Cyprus — only avoid being away for more than 2 years at a stretch — and your Indian passport stays untouched.
Facts verified October 8, 2026 against official sources · Sources
Facts verified October 8, 2026 against official sources · Sources
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The right of residence is for life and the card is issued for 10 years. There are no annual renewals with a re-examination of the conditions — only the duty to confirm the investment and insurance and not to be away for more than 2 years.
The money goes into a home, a commercial property, your own company or a regulated fund, not into a non-refundable contribution. The investment must be maintained; replacement with one of equal or greater value is allowed.
Spouse and children under 18 are included in your permit. Student children up to 25 receive a status of their own that survives the end of their studies and their 25th birthday.
It is enough to enter within a year of approval and never be away for 2 years at a stretch. School, business and home can stay where they are.
The amount, the categories, the income, the documents and the timeline are in the Migration Department's published criteria, not at an official's discretion. The decision is taken by the Deputy Minister for Migration under the expedited procedure.
You may hold shares in Cypriot companies and receive dividends, serve as an unpaid director, and in the company that received your EUR 300,000, as a salaried director.
Facts verified October 8, 2026
| Investment | from EUR 300,000 excluding VAT; for a new home VAT is added at the applicable rate |
|---|---|
| Application fee | EUR 500 on submission; non-refundable |
| Alien Registration Certificate (ARC) | EUR 70 per person included in the application, where none exists yet |
| Income | EUR 50,000 + 15,000 + 10,000 a year: applicant, spouse, each minor child; a student aged 18–25 adds EUR 10,000 |
| Independent adult child | + EUR 300,000 the investment is multiplied by the number of such children: EUR 600,000 with one, EUR 900,000 with two; for property, at least 66% paid at filing |
| Processing | about 2 months the Migration Department's estimate from a complete file; longer in practice |
We check nationality, source of funds, income, family composition and the goal. We decide: a new home, a commercial property, a company or a fund.
Selection and checks: a first sale from a developer, filing of the contract with the Department of Lands and Surveys; or checks on the fund (CySEC registration) and the company (5 employees, premises).
We open the account, pass the bank's checks and remit the funds to the seller's account at a Cyprus bank. The time depends on the bank — practice, not a statutory term.
Affidavit of income, tax return or accountant's certificate, police certificates, insurance, translations and certifications, consents for children.
In person or through an authorised representative at the Migration Department in Nicosia. Fees of EUR 500 and EUR 70 per person for registration.
The department estimates about 2 months for a decision; applicants in our research cite 8 to 10 months. After approval: entry within a year, biometrics and a 10-year card.
The official conditions are above. Below is how the programme works in real life, from our cases and research.
The investment-based permit starts with a qualifying investment from EUR 300,000, but with property purchases, applicable VAT and transaction costs come on top. The family also needs proven income from abroad, so the budget is counted in full.
Applicants in our research cite eight to ten months of processing against an official estimate of about two months. That is a reference point from individual cases, not a term anyone can guarantee.
Work restrictions, the position of adult children and the conditions for keeping the status are checked separately for each family rather than promised as 'all inclusive'.
The permit itself does not guarantee an account opening and gives no automatic right to move life to another EU country. For Indian families this is one of the most common 'keep the Indian passport' routes we structure, and for India-resident applicants we plan the EUR 300,000-plus remittance within LRS limits before committing to a property.
Cyprus's investment-based permanent residence under category 6(2) starts with a qualifying investment from EUR 300,000; with property purchases, applicable VAT and transaction costs come on top. The family also needs proven income from abroad, so the purchase sum alone is not enough.
Applicants in our research cite eight to ten months of processing. That is a reference point from individual cases, not a term anyone can guarantee. Work restrictions, the position of adult children and the conditions for keeping the status are checked separately.
We advise thinking through banking before the deal: the permit itself does not guarantee an account opening and gives no automatic right to move life to another EU country. For Indian families this is one of the most common "keep the Indian passport" routes we structure — permanent residence with no citizenship trade-off — and for India-resident applicants we plan the EUR 300,000+ remittance within LRS limits, often across family members, before committing to a property.
| (A) New home | (B) Other real estate | (C) Company | (D) Fund | |
|---|---|---|---|---|
| Amount | from EUR 300,000 plus VAT | from EUR 300,000 | EUR 300,000 in share capital | EUR 300,000 in units |
| What is bought | A house or apartment from a developer, first sale, up to two units | Offices, shops, hotels; resales allowed | A new or existing company with premises and 5 employees | Units of an AIF, AIFLNP or RAIF investing in Cyprus |
| Income of EUR 50,000 a year | From abroad only, by tax return | May partly come from Cyprus | May partly come from Cyprus | May partly come from Cyprus |
| Home in Cyprus | The property itself, if the bedrooms suffice | Shown separately | Shown separately | Shown separately |
| Who it suits | A family that wants a home in Cyprus | An investor in income property | Someone running a business in Cyprus | A passive investor |
| Family and status | The same: spouse and children, status for life | The same | The same | The same |
Criteria of the Cyprus Migration Department, 4th revision of 2 May 2023 with clarifications; re-checked on the filing date.
Coverage and expert commentary by Garant IN in business media.
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Who this programme suits in our practice.
You want a permanent status in the EU without relocating and without annual renewals. The investment goes into a real asset — a home, a commercial property, a company or a fund — and the income is proven from abroad.
Spouse and children under 18 in one file; student children aged 18–25 receive a permit of their own that survives their 25th birthday and the end of their studies. This is residence, not citizenship, so no Indian passport is surrendered.
Cyprus grants permanent residence at once rather than a temporary card, but requires proven annual income and, for housing, a first sale from a developer. We show the difference in money and obligations.
The status lets you relocate: schools, a home of your own, business through a Cypriot company. Employment is not allowed, except as a director of the company you invested in — we say so plainly.
Our fee depends on the investment category and the family composition. We send the quote in reply to your message.
Main applicant
Fees of licensed local lawyers and authorised agents are charged separately at their rates
Request a quoteApplicant with spouse and children
Fees of licensed local lawyers and authorised agents are charged separately at their rates
Request a quoteFor Garant IN the family is a core value: the permit is issued to your relatives together with yours under the criteria of the Cyprus Migration Department (4th revision of 2 May 2023 with clarifications). Below are the 2026 conditions as written in the criteria, without generic phrases.
The spouse is included in your permit as a dependant; no separate investment or income is needed, and the spouse's income may be counted towards the total. On a separate application and fee the spouse may be issued a permit of their own without meeting the criteria. If the investor's permit is cancelled, the spouse's permit is cancelled with it. Like you, the spouse may not take up employment.
Children under 18 are in one permit with you; their card runs until adulthood. Unmarried children aged 18–25 who are students at a tertiary institution abroad on the filing date and financially dependent file their own application: the permit survives their 25th birthday, marriage and the end of studies, but their future spouses and children cannot be added to it. Financially independent adult children qualify only with an extra EUR 300,000 of investment each and an income of EUR 50,000 of their own.
The current criteria (from 2 May 2023) treat only the spouse and children as dependants. The parents of the applicant and spouse are not included in the permit; a separate basis is considered for them. We do not promise what the criteria do not contain.
The investment does not grow for the spouse and minor children — the income requirement does: EUR 50,000 plus EUR 15,000 for the spouse and EUR 10,000 for each child under 18. A couple with two children shows EUR 85,000 a year. A student aged 18–25 adds EUR 10,000. Fees: EUR 500 per application and EUR 70 per person for registration. Insurance for everyone, police certificates for adults, apostille from the Ministry of External Affairs and certified translations of marriage and birth certificates. Remittances from India are planned within each family member's LRS limit.
The family files together with the investor; for a child applying without the other parent, only a consent signed before a Cypriot consular officer is accepted. Garant IN's migration programme experts check each family member's documents against the 2023 criteria and their clarifications in advance to rule out a refusal for an individual applicant. Verified on 2 October 2026 against the criteria of the Cyprus Migration Department.
The criteria are the same for everyone. The difference lies in whether your property, your income and your remittance pass the checks first time — and whether the purchase price was the only number you counted.
VAT on a new home, transaction costs, proven income for the whole family, insurance and fees. The purchase sum alone is not enough — we show this before the deal, not after.
A home from a developer, a commercial property, your own company or a fund mean different money, different liquidity and different income rules. We explain which fits you and where the risk lies.
The permit itself does not guarantee an account opening. We think through the banking in advance: where the money comes from, how it travels within the LRS cap and the TCS rules, and how its origin is evidenced, so the transfer never becomes a ground for refusal.
Income for every family member, separate permits for students aged 18–25, the other parent's consent before a consul — all in the dossier from day one.
Employment, the position of adult children, keeping the status, the visit every 2 years, annual confirmations — checked separately and explained in advance. The permit gives no automatic right to move life to another EU country, and it is one of the most common 'keep the Indian passport' routes we structure.
Wording pending approval.
‘Cyprus permanent residence by investment’ is the everyday name for the Immigration Permit that the Migration Department grants under Regulation 6(2) of the Aliens and Immigration Regulations through an expedited procedure for investors. The criteria are published as a separate document; the current fourth revision has applied since 2 May 2023 and has since been supplemented with clarifications.
Three kinds of families choose it. First, owners of capital based in India, the UAE or elsewhere who want a permanent rather than temporary status in the EU without relocating and without annual renewals: an investment of EUR 300,000 in a home, a commercial property, a company or a fund, plus proven income from abroad — and because this is residence, not citizenship, the Indian passport stays. Second, families with children: spouse and children under 18 in one file, students up to 25 with a permit of their own that stays with them after their studies. Third, those planning to live in Cyprus: a home, schools, business through a Cypriot company, and after 7 years of actual residence with Greek at level B1, naturalisation.
It does not suit anyone counting on a resale apartment: under the housing category only a first sale from a developer is accepted. Nor anyone who wants to take a job in Cyprus or expects visa-free Schengen travel: the status does not allow the first, and Cyprus has not yet abolished controls at its internal borders.
The right of residence is for life; the card is replaced after 10 years, children's cards run until 18. Each year we confirm that the investment is maintained and insurance is in place (unless GESY applies); every 3 years, police certificates for adults. Entry within a year of approval, and never an absence of more than 2 continuous years.
Exiting the investment without immediately replacing it with one of equal or greater value cancels the permit for the whole family. To sell, buy a qualifying replacement first, then sell.
Under Law 149(I)/2023 naturalisation requires 7 years of legal residence within the last 10, 12 continuous months before filing (absences up to 90 days), Greek at level B1, knowledge of life in the Republic and sufficient means. Residence means physical presence in Cyprus; a permit without real life on the island leads to no passport — and for Indian citizens a passport would replace the Indian one, since India does not allow dual citizenship.
Cyprus takes part in Schengen cooperation, but internal border controls have not yet been abolished: a Cyprus permanent residence card does not replace a Schengen visa for travel to other European countries. We check the position on the filing date.
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Garant IN is a member of the Investment Migration Council (IMC), the Geneva-based international association of the investment migration industry. investmentmigration.org →
Garant IN is a member of CCI France Russie, the French Chamber of Commerce and Industry in Russia. ccifr.ru →
International migration consultancy since 2015.
Two levels of quality control: Garant IN's migration consulting and case management department runs a rigorous pre-application compliance screening (Pre-Due Diligence) and prepares the document package to 2026 requirements, while the application in Cyprus is prepared and filed together with licensed local lawyers and authorised agents. This is how we minimise the risk of refusal at the preparation stage, before the documents reach the government authority.
It is an Immigration Permit under Regulation 6(2) of the Aliens and Immigration Regulations, granted under an expedited procedure for investors. Unlike a temporary residence permit, the right of residence is for life: the card is issued for 10 years and replaced, and there are no annual renewals with a re-examination of the conditions. There are duties: maintain the investment, confirm insurance and never be away from Cyprus for more than 2 continuous years.
Four categories at EUR 300,000 excluding VAT: a new house or apartment from a developer (first sale, up to two units for the combined amount); other real estate — offices, shops, hotels, resales included; the share capital of a new or existing Cypriot company with physical premises and at least 5 employees; units of a Cyprus collective investment fund (AIF, AIFLNP, RAIF) investing in Cyprus.
Under the housing category — no: only a first sale from a developer is accepted (except for contracts filed before 7 May 2013). Resales are allowed for commercial property: offices, shops, hotels.
EUR 50,000 a year for the applicant plus EUR 15,000 for the spouse and EUR 10,000 for each minor child: salary, pension, dividends, interest, rent. The spouse's income counts. For a home purchase the income must come from abroad and be proven by a tax return from the country of tax residence or by an independent certified accountant's certificate; for a commercial property, a company or a fund, part of the income may come from Cyprus.
From abroad — from the account of the applicant, the spouse or a company in which they are the sole shareholders, to the seller's account at a Cyprus financial institution. A loan taken in Cyprus is not accepted. The application includes proof of the remittance: transfer orders, bank certificates, foreign card payment receipts.
Outward transfers by resident Indians run through the Reserve Bank of India's Liberalised Remittance Scheme, currently USD 250,000 per person per financial year, and larger remittances attract tax collected at source above a threshold. The investment is therefore planned across family members — the criteria allow the spouse's account — or across financial years, or from funds already held abroad. Indians resident in the UAE or elsewhere abroad are generally outside LRS.
The Migration Department estimates about 2 months from the date of a complete application if there are no criminal record or security concerns. Applicants in our research cite 8 to 10 months — a reference point from individual cases, not a term anyone can guarantee. Filing an application does not by itself give a right to enter or stay without a visa.
No. You must enter and collect the card within a year of approval and never be away from Cyprus for 2 continuous years; acquiring permanent residence in another country also ends the permit. Actual residence is required for citizenship.
As an employee — no; the applicant and spouse sign a statement to that effect. The exception is a directorship in the company you invested in under this programme. In other Cypriot companies you may hold shares, receive dividends and serve as an unpaid director.
No. This is permanent residence, not citizenship: your Indian passport stays as it is, which is why it is one of the most common 'keep the Indian passport' routes. Only naturalisation — after 7 years of actual residence with Greek at level B1 — would mean acquiring a foreign citizenship, and since India does not allow dual citizenship, the Indian passport would then have to be surrendered. That is a separate decision years away.
Each year — that the investment is maintained and that health insurance is in place if the family is not covered by GESY. Every 3 years — police certificates from the country of origin and the country of residence for adults. The requirement to confirm income annually was abolished by the clarification to the 4th revision. Failure to provide the evidence cancels the permit for the whole family.
Exiting the investment without immediately replacing it with another of equal or greater value that meets the criteria cancels the permit under Regulation 6. That is why the replacement is bought before the sale, not after.
No. Cyprus takes part in Schengen cooperation, but the EU Council has not yet abolished controls at its internal borders. Travel to Schengen countries needs a visa under the general rules; we check Cyprus's position on the filing date.
The application is filed in person or through an authorised representative at the Migration Department in Nicosia by appointment; you enter on a visa or another lawful basis. Police certificates and marriage and birth certificates need an apostille or legalisation and an official translation. Indian documents carry an apostille from the Ministry of External Affairs; UAE documents are legalised through the UAE Ministry of Foreign Affairs.
Parents — no: the current criteria treat only the spouse and children as dependants. Adult children — yes, in two ways. An unmarried, financially dependent student aged 18–25 files an application of their own with EUR 10,000 added to your income, and the permit survives their 25th birthday. A financially independent adult child qualifies if the investment grows by EUR 300,000 per child and the child shows an income of EUR 50,000 a year.
The investment stays at EUR 300,000 for the spouse and minor children, but the income must be higher: EUR 50,000 plus EUR 15,000 for the spouse and EUR 10,000 for each child under 18 — a couple with two children proves EUR 85,000 a year. Each student aged 18–25 adds EUR 10,000; each independent adult child adds EUR 300,000 of investment. Fees are EUR 500 per application and EUR 70 per person for registration.
Yes. If the application is refused through the fault of our team or an error in building the case, we refund the company's service fee less a minimal retention for costs actually incurred. Refund terms, the payment schedule and the rules on retaining service costs are fixed in the contract before work begins. Before we start, we check your documents and risk history free of charge and tell you about any risks in advance.
Message us in the messenger you prefer and you will receive an estimate for your family and route. We never message first: you send the first message.
Our fee depends on the investment category and the family composition. We send the quote in reply to your message.
Programme updates and case breakdowns in our channels.
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