Cyprus has emerged as a highly attractive destination for international investors seeking residency within Europe. Its Residency by Investment programme offers a secure and efficient route to permanent residency, one that stands firm even as other EU countries curtail or close their equivalent schemes. Alongside this, Cyprus is making strides towards full entry into the Schengen Area, a development set to enhance its appeal even further.

A Clear Path to Permanent Residency

Under Regulation 6(2) of the Aliens and Immigration Regulations, non‑EU nationals can obtain permanent residency in Cyprus by investing a minimum of €300,000. Eligible investment options include newly built residential properties or commercial developments, ventures in private companies that create employment, or collective investment funds registered in Cyprus. Applicants must also demonstrate an annual foreign income of at least €50,000, with an extra €15,000 for a spouse and €10,000 per minor child.

This route allows investors, along with their spouse and children under 25, to live, study and work in Cyprus alongside their permanent residency rights. Only a single visit every two years is required to maintain this status. Citizenship is not immediate but may be sought after seven years of continuous residence, after fulfilling language, cultural and presence requirements.

A Steady Option in a Changing European Landscape

In recent times, various EU nations have heavily restricted or terminated their Golden Visa schemes. Spain suspended its programme in early 2025 and Portugal removed its real‑estate residency route. Greece and Hungary introduced more stringent conditions or shifted towards fund investments. By contrast, Cyprus has retained its original investment threshold while strengthening background checks and compliance procedures to meet EU standards on anti‑money‑laundering and transparency.

This consistency offers investors continued access to an EU residency programme backed by legislative clarity and operational transparency.

Benefits of Cyprus Residency

Cyprus offers a well-rounded residency package that combines lifestyle, security, and strategic access to Europe. The advantages include:

• Right to live permanently in Cyprus with no minimum stay requirement (only one visit every two years is needed)
  
  
• Eligibility for the entire family, including spouse and dependent children up to age 25
  
  
• High-quality education in English-speaking schools and universities
  
  
• Access to reputable private healthcare services across the country
  
  
• Attractive tax environment, with no inheritance tax and low corporate tax rates
  
  
• Safe, family-friendly living environment with a Mediterranean climate and modern infrastructure
  
  
• Pathway to citizenship available after seven years of residence
  
  

On Course for Schengen Membership

Cyprus has advanced steadily towards joining the Schengen Area. It officially began the accession process in September 2019 and integrated into the Schengen Information System in July 2023. President Nikos Christodoulides has stated that all technical criteria are expected to be fulfilled by the end of 2025. According to legal and industry observers, full Schengen membership is now anticipated in 2026.

Upon final ratification, Cyprus residents will be able to travel freely across the Schengen Area for up to 90 days within any 180-day period, vastly improving mobility and travel convenience.

Cyprus at the Crossroads of Access and Opportunity

As residency by investment programmes across Europe face increased scrutiny or closure, Cyprus continues to offer a stable and attractive alternative. With its clear legal framework, competitive investment threshold, and a growing reputation for transparency, the country stands out as a reliable option within the European Union. The anticipated inclusion into the Schengen Area further enhances the long-term value of Cypriot residency, opening doors to greater mobility across Europe. For investors and families seeking a secure base with strategic advantages, Cyprus represents a compelling choice grounded in credibility, continuity, and forward-looking potential.