CYPRUS
Cyprus Permanent Residency by Investment
Passport-for-purchase closed in 2020 — PR is available
Category 6.2: new-build from a developer + income from abroad
€300,000
investment threshold
+ VAT, new-build only
€50,000
annual income
from abroad; +€15k spouse, +€10k child
2–3
months to approval
under the fast track
7+
years to citizenship
by naturalisation, not for money
What is required
1
New-build
from a developer, first sale; resale & commercial don't qualify
2
Income from abroad
€50k + €15k spouse + €10k per child
3
Keep the status
hold the property, visit every 2 years
Cyprus vs Turkey
Cyprus — PR
EU resident, no passport upfront
from €300,000
Turkey — residence
no income requirement
from $200,000
Turkey — passport
citizenship for the investment
from $400,000
The status in short
PR
Open-ended status,
no renewals — the right to live in an EU state
PASSPORT
Not granted for a purchase.
Only naturalisation after ~8 years of residence
virtoproperty.com
· Source: Civil Registry & Migration Department (moi.gov.cy) · June 2026
For information only; not legal, tax or immigration advice.