ORVELION
Jurisdictions

Cyprus

Cyprus grants lifelong EU permanent residence in about two months for 346,000 USD in property plus proof of foreign income — with a very light presence rule and a favourable non-dom tax regime. The thing to be clear about: this is residence, not a passport; Cyprus closed its citizenship-by-investment programme in 2020, and the island is not in the Schengen area, so the status carries no Schengen free movement.

Residency by investment — key figures

From
env. $346 000≈ $462 257 — estimated total, family of four, fees included
Processing time
2–4 months
Physical presence
The holder must visit Cyprus at least once every two years to keep the permit — a very light presence rule. Full naturalisation is a separate, much longer path and requires genuine residence.

Investment routes

RouteOfficial minimumReal total, family of four
Real estateAlso accepted for this threshold — business, investment fundenv. $346 000≈ $462 257

Last verified

Tax at a glance

  • Non-dom residents pay no tax on dividends and interest for 17 years
  • No inheritance tax; no capital gains tax except on Cyprus real estate
  • Corporate tax is 12.5%; personal income tax is progressive to 35%
  • Permanent residence, not citizenship — the CBI programme closed in 2020
  • Cyprus is not in the Schengen area

Compare it with another jurisdiction

—MaltaUruguay
Official minimumenv. $80 800lower$100 000
Real total, family of 4 (fees included)≈ $107 860lower≈ $133 500
Announced processing12–18 months6–12 monthsfaster
Presence requiredNone.Uruguay expects genuine presence.
Years to citizenship—3 yearsfaster
Investment routesReal estateReal estate, Investment fund
A route returns the capitalNoIdentical on this lineNoIdentical on this line
Open to Russian applicantsYesIdentical on this lineYesIdentical on this line
RegionEuropeLatin America

Open the country page · MaltaOpen the country page · Uruguay

Frequently asked questions

Does this give a Cyprus passport?

No. It grants permanent residence. Cyprus closed its citizenship-by-investment programme in 2020, so this is a residence route, not a passport.

Does Cyprus permanent residence allow Schengen travel?

No. Cyprus is an EU member but not in the Schengen area, so the permit does not grant Schengen free movement — a key difference from some other EU golden visas.

What must I invest and maintain?

At least 346,000 USD plus VAT in an eligible asset, usually new residential property, held for the life of the permit, plus proof of at least 57,500 USD a year in secure foreign income. Holding the permit does not by itself make you tax-resident, and it does not remove obligations to a country that taxes on citizenship, such as the United States.

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What we do for you

Citizenship or residence, the honest answer often is not the one you arrived with. We take the whole procedure with you — eligibility, the route that fits your situation, the file, the follow-up — with one person on your side throughout.

For Cyprus specifically, you are talking to someone who already knows the file: who to speak to on the ground, what the unit actually asks for, and the points where applications stall.

  • One point of contact, from the first call to the certificate
  • Vetted partners on the ground — law firms, licensed agents, banks — introduced, not listed
  • It starts with a short qualifying call, and no, it is not a sales call

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