Permanent Residency in Cyprus
through Real Estate Investment

Secure your family’s future and safeguard your capital through real estate investment in Cyprus. Obtain permanent residency in the EU with minimal requirements and access to international banking services in a stable and safe country.

from €300,000

Permanent Residency

within 6 months

Residency status
Download the Guide

Get comprehensive information

in the Cyprus Permanent Residency guide

Request PDF Presentation
with program details via messenger.

About the Program

Cyprus is one of the most accessible countries in Europe, where you can quickly gain legal permanent residency through investment.

Permanent Residency for the Whole Family

Including spouses, children up to 25 years old

Returnable Investments

Safe investments in real estate that are appreciating, with the potential for rental income.

Right to Citizenship After 8 Years

The PR card holder can apply for Cypriot citizenship, subject to program conditions.

Permanent Residency for the Whole Family

Including spouses, children up to 25 years old

Returnable Investments

Safe investments in real estate that are appreciating, with the potential for rental income.

Right to Citizenship After 8 Years

The PR card holder can apply for Cypriot citizenship, subject to program conditions.

Why Cyprus?

Benefits of Cyprus Permanent Residency

Fast Acquisition of Permanent Residency

Cyprus residency can be obtained within 6 to 10 months.

Living in the European Union

Cyprus has a strong economy and high levels of education, healthcare, and safety.

New High-Quality Real Estate

A wide range of quality apartments, townhouses, villas, and homes from reliable developers.

Remote Application Process

Only one visit to the island is required to submit biometric data — after PR approval.

Simple Residency Requirements

Visiting Cyprus once every two years is enough if there are no plans for permanent residence.

No Donations to the State Economy

Only real estate purchases are required, without state contributions.

Favorable Non-Domicile Tax Regime for Foreign Residents

Exemption from taxes on:
  • Gifts
  • Luxury
  • Inheritance
  • Dividends
  • Profit from the sale of securities and assets abroad
  • Capital gains (except in some cases of real estate sales)
  • Defense (SDC)

Travel
to 173 Countries Worldwide

Cyprus residency can be the first step towards obtaining a second citizenship.

A Cypriot passport grants visa-free entry to 173 countries, including the EU and the UK. PR holders in Cyprus can travel freely across Europe.

Full list of countries

Why Do I
Recommend Cyprus?

  • Secure future with permanent residency in the EU
  • Protected wealth with reliable international banking services
  • Investments in a stable growing Real Estate market
  • Safe, high standard of living with access to quality healthcare and education

Is Cyprus Right for You? Let’s Discuss!

Denis Kravchenko

Citizenship, Residency, and Real Estate Investment Expert. Head of the Cyprus Office
Head of the Cyprus Office
Get a consultation
Contact Us Conveniently

By phone:

+357 25 230233 Phone

Messenger:

WhatsApp

Astons guarantees process safety
and predictable results

35 years of experience and expertise
in citizenship and residence permits
for investment

We have been working in investment immigration since 1989. Over the years, we have successfully helped more than 9,000 clients worldwide, representing more than 100 nationalities.

Global Presence

Astons was founded in London in 1989 and is a pioneer in the investment immigration sector.

Now, Astons is an international group of companies with headquarters in Dubai.

Ranked in the TOP-25

international immigration companies

by Uglobal Immigration Magazine.

Licensed
Government Agent

  • We work only with official programs under government licenses.
  • No grey schemes or risks for you and your investments.

Licensed
Government Agent

  • We work only with official programs under government licenses.
  • No grey schemes or risks for you and your investments.

Award-Winning

  • Best European Citizenship Advisor
  • Best Full-Service Investment Immigration Firm

Immigration Lawyers
with 10 Years of Experience in International Law

  • We ensure legal compliance in document processing
  • A reliable team of lawyers in each country

The Fast Track Residence Permit

To obtain permanent residency on the island, the applicant must invest a minimum of €300,000 in one of the following categories of investment:
1

Investment in a New Home/Apartment

The applicant can purchase up to two (2) housing units (apartments or houses), provided the total market value is €300,000 + 5% VAT. The purchase must be related to properties sold by the development company (or companies) for the first time (not resale properties).

The funds must be transferred to Cyprus from abroad and deposited into the seller’s bank account.

The real estate purchase can be made by a legal entity in which the applicant and/or their spouse are the sole shareholders.

Selling the property results in the loss of residency status. However, the investor can replace the property with another one of equal or greater value. The new property must fully meet the conditions.

2

Investment in Commercial Real Estate, New or Resale

Eligible investments include offices, shops, hotels, or similar properties, or a combination thereof, with a minimum total value of €300,000.

3

Investment in the Share Capital of a Cypriot Company with Business Activities and Staff in Cyprus (Minimum of Five Employees)

There must be evidence of the company’s physical presence and operations on the island.

4

Investment in Shares of a Cypriot Collective Investment Organization (such as AIF, AIFLNP, RAIF)

Important! Investment options in shares and the capital of a Cypriot company are not available to Russian citizens at this time.

Program Conditions

Purchase of Property for €300,000

The applicant must purchase one or more residential properties that are being sold for the first time, with a total value of at least €300,000 plus VAT.

Resale properties (secondary market) are not eligible; only new properties from the developer can be used.

Applicants can purchase one or more of the following:

  • One apartment or house;
  • Two apartments or two houses, or an apartment and a house;
  • One apartment/house and one shop/warehouse;
  • One apartment/house and one office.

Investor Requirements

  • No Criminal Record. Applicants must have no criminal convictions.
  • Employment Restrictions. Applicants are not allowed to work in Cyprus as employees. However, they may own and receive income from a business on the island.
  • Income Requirement. The applicant must demonstrate a personal insured annual income of at least €50,000. The income increases by €15,000 for spouses and €10,000 for each minor child.
  • The spouse’s income can also be included in the total income calculation.
  • A tax return from the applicant’s country of tax residence must be provided to confirm income.
  • Sanctions Compliance. Individuals whose assets are under EU sanctions cannot participate in the investment program.
  • Visit Requirements. Applicants must visit Cyprus within a year of PR approval to submit biometric data and receive their PR card. All family members in the application must visit Cyprus at least once every two years.

Important Considerations

  • The property must be purchased before applying for PR, as proof of purchase is required in the document list.
    However, it’s important to note that the risks are minimal, with the likelihood of rejection being extremely low.
    Reasons for rejection could include: providing false information, having a criminal record or ongoing legal proceedings in any country, posing a potential threat to national security and the reputation of the state. Our company’s experts thoroughly review all documents before purchasing property to avoid unpleasant situations.
  • Schengen Zone Considerations.
    Cyprus is part of the EU but is not yet in the Schengen Zone. Therefore, visa-free travel across Europe in 2024 may not be possible. With a valid residence permit, you can obtain a Schengen visa in Cyprus, which takes only 15 days. Previously, the Cypriot government announced plans to join the Schengen Zone in 2025.
  • The island’s separation from other Schengen countries ensures its autonomy in immigration policy.

The 6-Step Process to Obtain Cyprus PR

Qualified lawyers guide the entire process and walk you through the procedure to obtain Cyprus PR—from preparing and properly submitting your application, choosing and purchasing real estate, to receiving your residence cards.

3–4 Days
Consultation
1

Consultation with Astons immigration specialists

3–4 Days
Consultation

Our experts will thoroughly assess your situation and advise on the key aspects of the Cyprus PR program. We will help you collect and verify all necessary documents and select real estate for investment according to your preferences.

Our experts will thoroughly assess your situation and advise on the key aspects of the Cyprus PR program. We will help you collect and verify all necessary documents and select real estate for investment according to your preferences.

2

Property Inspection and Purchase

3–4 Days
Consultation

We will prepare a portfolio of properties tailored to your preferences. Applicants can visit Cyprus to inspect the properties they are interested in. After making a final choice, we guarantee a fast and secure purchasing process.

We will prepare a portfolio of properties tailored to your preferences. Applicants can visit Cyprus to inspect the properties they are interested in. After making a final choice, we guarantee a fast and secure purchasing process.

3–4 Days
Property Inspection and Purchase
3

Document Preparation

3–4 Days
Property Inspection and Purchase

Experienced immigration consultants will help you prepare all necessary documents and verify each one to meet the program’s requirements.

Experienced immigration consultants will help you prepare all necessary documents and verify each one to meet the program’s requirements.

4

Application Submission

3–4 Days
Property Inspection and Purchase

The application and supporting documents are submitted to the Department of Civil Registry and Migration. A decision on the application will be made within two months.

The application and supporting documents are submitted to the Department of Civil Registry and Migration. A decision on the application will be made within two months.

6 Months
Application Approval
5

Application Approval

6 Months
Application Approval

After the application is reviewed and approved, the applicant receives an immigration certificate.

After the application is reviewed and approved, the applicant receives an immigration certificate.

6

Resident Card Issuance

Within a year of receiving the immigration certificate, the applicant and their family members must visit Cyprus to submit biometric data and receive their resident cards. After 8 years, residents may apply for Cypriot citizenship, provided all conditions are met, including continuous residence in Cyprus for the last 12 months.

Within a year of receiving the immigration certificate, the applicant and their family members must visit Cyprus to submit biometric data and receive their resident cards. After 8 years, residents may apply for Cypriot citizenship, provided all conditions are met, including continuous residence in Cyprus for the last 12 months.

Get a Personalized Solution for Cyprus PR

We assist with the selection and management of real estate, opening accounts, and provide consultation on business relocation

Whether in-office or online, our consultation considers the individual aspects of your case and conducts a preliminary reliability check.

We will select several options based on the needs and preferences of each family member.

We will assess your chances
 of approval under the immigration program.

Selection and management of real estate, opening of accounts, consultations
on business relocation.

During the Consultation, You Will Receive:

1

Detailed Information
on Suitable Immigration Products

2

An Action Plan for the Program

3

A Specialized List of Required Documents

4

Precise Timelines and Costs for Each Option

Denis Kravchenko

Head of Astons Office in Cyprus
Get a Consultation
Contact us at your convenience

By phone:

+357 25 230233 Phone

Messenger:

WhatsApp

Properties for citizenship
and residency programs

Eligible for a visa program

Luxury Real Estate in Paphos, Cyprus
  • Cyprus
  • Paphos
  • Villa
Bedrooms: 2-3
12 - 14 months
130-142 m²
6-8%
€385 000
Eligible for a visa program

Luxury Residences near the Sea in Limassol
  • Cyprus
  • Limassol
  • Villa
Bedrooms: 3-4
Complete
89-107 m²
6-8%
€400 000
Eligible for a visa program

Modern Luxury Villa in Larnaca
  • Cyprus
  • Larnaca
  • Villa
Bedrooms: 4
September 2024
218 m²
6-8%
€1 350 000
Eligible for a visa program

Luxury Living Spaces in Ayia Napa
  • Cyprus
  • Ayia Napa
  • Villa
Bedrooms: 5
On request
308 m²
6-8%
€1 590 000
All properties in Cyprus

Useful materials

  • All topics 9
  • About life in the country 1
  • Permanent Residency 2
  • Real estate 6
Real estate
Permanent Residency in Cyprus through Real Estate Purchase: A Complete Guide
Why Choose Permanent Residency in Cyprus via Property Purchase? Foreigners who hold a residence permit in Cyprus, i.e. temporary residence, are required to renew it annually or every few years, depending on the conditions under which ...
16 September 2024
9 minutes of reading
Permanent Residency
Fast Track Residence Permit in Cyprus Through Investment
To obtain permanent residency in Cyprus, the applicant must invest a minimum of €300,000 in one of the following investment categories: 1: New Residential Property: The applicant can purchase up to two (2) residential units (apartments ...
13 September 2024
3 minutes of reading
Real estate
Why Invest in Cyprus: Benefits and Opportunities
Investing in real estate has long been recognized as one of the most reliable ways to preserve and grow capital. Cyprus, one of the most promising markets in the European Union, presents unique opportunities for investors seeking to ...
13 September 2024
2 minutes of reading
Real estate
Real Estate Purchase Specifics for Investors in Cyprus: Key Insights and Opportunities
Investing in real estate has long been recognized as one of the most reliable ways to preserve and grow wealth. Cyprus, one of the most promising property markets in the European Union, presents unique opportunities for investors ...
13 September 2024
3 minutes of reading
Permanent Residency
Complete Document List for Obtaining Cyprus Residency: A Step-by-Step Guide
REQUIRED DOCUMENTATION FOR GOLDEN VISA INVESTOR: Copy of passport Criminal record certificate from country of residence (duly certified and translated into English with apostille) Marriage certificate (duly certified and translated ...
13 September 2024
2 minutes of reading
Real estate
How to Buy Property in Cyprus: A Step-by-Step Guide
Step 1: Preliminary Assessment of Investor and Selected Property Investor schedules a Free Consultation with our team, and provides us the required set of documents. Astons conducts a preliminary assessment of your likelihood of ...
13 September 2024
4 minutes of reading
About life in the country
Cyprus: All About Life and Investment on the Island
The Mediterranean Azure lagoons Picturesque mountain ranges Fields of anemones, poppies and irises Eucalyptus groves Evergreen forests The cultural landscape is equally as rich, with a milenia of heritage, unique local traditions, and ...
13 September 2024
3 minutes of reading
Real estate
Requirements for Investors to Obtain a Residence Permit in Cyprus
Purchase real estate worth at least €300,000 – either one or two properties; residential and commercial real estate qualify under the program. Residential properties must be new construction from a licensed and approved ...
13 September 2024
2 minutes of reading
Real estate
Complete Guide to Property Acquisition Tax in Cyprus: What Investors Need to Know
Stamp Duty When buying real estate from a developer, you do not need to pay the transfer fee (also called the title fee). It only applies to secondary housing. Only stamp duty is paid – total tax is determined by the cost of the ...
13 September 2024
3 minutes of reading

We will analyze your case
and find the best path

In a 30-minute Consultation, We Will:

  • Define a step-by-step process tailored to you
  • Discuss the investment process and documentation
  • Explain the risks and potential challenges in detail
  • Initiate an internal assessment of your case’s success

Denis Kravchenko

Expert in Citizenship, Residency, and Real Estate Investment Head of the Cyprus Office
Expert in Citizenship, Residency, and Real Estate Investment Head of the Cyprus Office
Get a consultation
Contact us at your convenience

By phone:

+357 25 230233 Phone

Messenger:

WhatsApp

You Are in Safe Hands

We’ve been proving it since 1989
We’ve been proving it since 1989

$2.6 Billion

in real estate and immigration program investments managed over the years

9,000+

clients from around the world successfully obtained citizenship or residency through investments with Astons

100%

of clients who passed Astons’ internal check received program approval

20 +

qualified lawyers across different countries, who know the specifics of each nation

Astons Cyprus Office

Head Office in Limassol

We would be happy to welcome you to our head office in Limassol or arrange an online meeting — your choice.

Extensive Property Portfolio

Our portfolio includes investment projects from the country’s top developers —apartments, villas, income-generating and commercial properties, as well as land plots.

European-Level Service

We offer a full range of services — from property selection, verification, and documentation, to overseeing developers’ obligations, assisting with relocation, and post-purchase services.

International Expertise

Astons is more than just a local operator.
Our experts work with investment immigration programs worldwide and can help you choose the country that suits you best.

International Expertise

Astons is more than just a local operator.
Our experts work with investment immigration programs worldwide and can help you choose the country that suits you best.

Legality and Confidentiality

  • We operate within the program’s legal framework, strictly adhering to legislation.
  • We take confidentiality seriously—no one will know your decision to obtain a second citizenship.

Personalized Support

  • From the first consultation to obtaining your passport, you will be accompanied by a personal Astons manager who speaks your language.
  • We provide full legal support for every citizenship case.

Our Cyprus Experts

Denis Kravchenko

Citizenship and Residency Expert. Head of Astons Office in Cyprus

Oksana Kogut

Head of Sales Department in Cyprus

Robert Yiallourides

B2B Sales Manager

We Minimize Rejection Risk
thanks to our strong legal department

Different companies will prepare your case with varying levels of legal thoroughness.

Denis Kravchenko

Head of Astons Office in Cyprus
Get a consultation
Contact us at your convenience

By phone:

+357 25 230233 Phone

Messenger:

WhatsApp

Different companies will prepare your case with varying levels of legal thoroughness.

Even when the source of funds is entirely legitimate, the flow of money within a business can often be complex and convoluted.

The key task of lawyers is to present the client’s financial history as transparently as possible to the government of another country, taking into account the requirements and nuances of the relevant legislation.

We regularly provide
expert commentary to leading media outlets

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Personal consultations
with real estate
and immigration program experts