Cyprus Benefits

Permanent Residency
in Cyprus — made simple.

Secure lifetime EU residency through a fast-track program — with the right investment, expert guidance, and a seamless process from start to approval.

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No obligation · 100% free consultation
Cyprus Permanent Residency
2–3 mo
Fast Approval
€300K+
Min. Investment
Lifetime
Residency Status
EU Access
Member State
Why Work With Lyra Estates

We don't just find your property —
we secure your residency.

Property, legal work, and PR application — coordinated end-to-end by one team.

Property + PR Strategy

We combine property sourcing with residency planning from day one.

Qualifying Guarantee

Every property we recommend is pre-verified to qualify for PR.

Full Process

Property, legal, and application — all handled end-to-end.

Legal Partners

We work with top migration lawyers and law firms in Cyprus.

No Delays

We avoid the mistakes that delay applications — or get them rejected.

Cyprus landscape
EU Member State · Since 2004
Program Overview

One of Europe's fastest
residency programs.

Cyprus offers one of the most straightforward permanent residency programs in Europe. With a qualifying investment and minimal requirements, you can secure lifetime residency for you and your family within 2–3 months.

The program provides lifetime residency rights in an EU member state — with access to European markets, world-class healthcare, top-tier education, and one of the safest environments in Europe.

Quick facts: Lifetime status · Family included · No minimum stay · Only visit every 2 years · No tax obligation triggered.
Key Benefits

What you get with
Cyprus PR.

Seven tangible benefits that make this one of the most attractive EU residency routes available today.

Fast Approval

Residency in 2–3 months with our streamlined process.

Family Included

Spouse + children under 18, dependents up to 25 if studying.

Lifetime Status

Permanent, renewable every 5 years with minimal effort.

No Tax Obligation

PR doesn't trigger tax residency — you control your status.

EU Access

Live in an EU member state with full business opportunities.

Quality of Life

Mediterranean lifestyle, safety, healthcare, and education.

Minimal Stay

Visit Cyprus only once every 2 years — no relocation needed.

Asset-Backed

Your investment stays invested in real property you own.

Investment Requirements

Choose your investment
route.

Four qualifying pathways to permanent residency — each requires at least €300,000 plus a secure annual income from abroad.

Most Popular

Option 1 — New Residential Property

Purchase a new residential property (house or apartment) with a minimum value of €300,000 + VAT from a development company. This is the fastest and most common route.

  • Must be a first-time sale (new property from developer)
  • Resale residential properties do NOT qualify for this route
  • VAT at 19% applies (or 5% reduced rate for primary residence)
  • You can combine up to two properties to reach €300,000
  • Income must originate from abroad (no Cyprus-source income)
Investment from
€300,000
+ VAT · New build from developer
Investment maintained for life of permit
Residential use — not for rental
Fastest & simplest route for most buyers

Option 2 — Commercial Property

Purchase commercial property (offices, shops, hotels) with a minimum value of €300,000 + VAT. This is the only category where resale properties are permitted — you don't have to buy new.

  • New or resale commercial property both qualify
  • Offices, shops, hotels, or similar commercial real estate
  • Rental income permitted — generates returns from day one
  • Income may originate from Cyprus sources (more flexible)
  • Ideal for business owners or yield-focused investors
Investment from
€300,000
+ VAT · New or resale allowed
Investment maintained for life of permit
Rental income permitted

Option 3 — Cyprus Company Shares

Invest at least €300,000 in the share capital of a Cyprus-registered company. The company must have a real physical presence in Cyprus and employ at least five people.

  • Company must be active and based in Cyprus
  • Proven physical presence (offices) in Cyprus required
  • Must employ at least five (5) people
  • Funds must be transferred from abroad
  • Suits investors who already run or plan to run a Cyprus business
Investment from
€300,000
In Cyprus company share capital
Investment maintained for life of permit
Best fit for active business owners

Option 4 — Cyprus Investment Funds

Invest at least €300,000 in units of Cyprus-regulated collective investment funds. This is the most passive route — no property to manage, no business to run.

  • Alternative Investment Funds (AIF)
  • AIFs with Limited Number of Persons (AIFLNP)
  • Registered Alternative Investment Funds (RAIF)
  • Fund must be established and regulated in Cyprus
  • Hands-off — ideal for purely financial investors
Investment from
€300,000
In AIF / AIFLNP / RAIF units
Investment maintained for life of permit
Fully passive — no property or business to manage
Additional Requirements

What you'll need
to qualify.

Alongside the investment, four straightforward requirements that most qualified applicants already meet.

Secure Annual Income

  • €50,000 for main applicant
  • +€15,000 for spouse
  • +€10,000 per dependent child
  • From employment, pension, dividends, rental

Cyprus Residence

  • Must own or rent residence in Cyprus
  • If renting, minimum 1-year lease
  • Property suitable for habitation
  • Address registered on permit

Clean Record

  • Clean criminal record certificate
  • No pending criminal charges
  • Not on international sanctions lists
  • Certificate from country of residence

Visit Requirement

  • Visit Cyprus once every 2 years
  • No minimum stay duration
  • Maintain your Cyprus address
  • Keep permit valid through renewals
Is This Right For You?

This program is
ideal if you…

The Cyprus PR program works best for a specific kind of situation. If any of these match yours, we should talk.

Want EU residency without full relocation
Are looking for a stable, appreciating property investment
Want a safe and secure base in Europe for your family
Plan for long-term lifestyle, retirement, or family security
Want access to EU banking, healthcare, and education
Common Mistakes

Why expert guidance
matters.

These are the most common errors we see — and the reason we exist. Any of these can delay your application by months, or lead to rejection.

Choosing a non-qualifying property

Not all properties qualify for PR. We verify every option before you commit a single euro.

Incorrect investment structure

Wrong structuring can invalidate your application. We ensure compliance from day one.

Missing documentation

Incomplete documents cause delays of months. We prepare everything upfront, checked twice.

Poor legal coordination

Misaligned legal teams cause bottlenecks. Our network works in sync under one timeline.

Application Process

From first call to
PR approval.

Six straightforward steps. We manage every one for you — no confusion, no guesswork.

Step 01

Consultation & Planning

We assess eligibility, discuss options, and build your personalized PR strategy.

Step 02

Property Selection

Choose from our pre-verified qualifying portfolio. We handle legal due diligence.

Step 03

Document Preparation

We compile every required document — passports, certificates, financials, property.

Step 04

Application Submission

Complete application to Migration Department. We handle all communication.

Step 05

Approval & Permit

Receive approval in 2–3 months. Obtain your biometric residence permit.

Step 06

Ongoing Support

Renewals, family additions, tax planning — we're your long-term partner.

Costs & Fees

Transparent cost
breakdown.

Full transparency — no hidden surprises. Estimated total costs (excluding property) range from €20,000 to €65,000, depending on property value and family size.

Investment & Processing Costs

All-inclusive
Property investment (minimum)€300,000
VAT on new property (5% or 19%)€15,000 – €57,000
Government application fee (per person)€500
Residence permit card fee€70
Legal fees (property purchase)€3,000 – €5,000
Transfer fees (property)3–8% of value
Document translation & certification€500 – €1,000
Estimated Total (excl. property)€20,000 – €65,000

* Costs are estimates and may vary based on property value, family size, and specific circumstances. We provide a precise quote during your consultation.

Smart Combined Strategy

Most clients combine PR + Property

Why buy a property for residency when you can buy one that also fits your lifestyle and appreciates in value? We help you find the right property that serves both your living goals and your PR requirements.

View Qualifying Properties
FAQ

Frequently asked
questions.

The questions we hear most often from prospective PR applicants.

Have another question?
Can I rent out the property?
Residential properties purchased for PR purposes must be for personal use under the program rules. However, commercial properties (Option 2) can be used for rental income — and resale commercial is allowed too. We advise on structuring your investment to match your goals.
Do I need to live in Cyprus?
No — you only need to visit Cyprus at least once every 2 years. There is no minimum stay duration required per visit. This makes it one of the most flexible residency programs in Europe.
How long does approval take?
Typically 2–3 months from submission of the complete application. With our streamlined process and pre-verified documentation, we minimize any risk of delays or resubmissions.
Can I include my parents?
Yes — under certain conditions, parents and parents-in-law of the main applicant can be included. Additional property investment may be required. We advise on specific requirements for your family situation.
Can I combine properties to reach €300,000?
Yes — you can purchase multiple properties from the same or different developers to reach the minimum investment threshold. Married couples can also combine their investments.
Does PR give me the right to work in Cyprus?
Permanent residency allows you to live in Cyprus indefinitely but does not automatically grant the right to employment. However, you can establish and operate your own business. We advise on work permit options where needed.
Luxury Cyprus property
Get Started

Get your Cyprus
residency plan.

Tell us your goals — we'll guide you through the fastest, most secure path to permanent residency. Tailored to your investment strategy, family needs, and timeline.

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