Cyprus Residence Permit & Permanent Residency 2026
Obtain a Cyprus Pink Slip, Residence Permit through Company Registration, or Permanent Residency by Investment. Full legal support for entrepreneurs, investors and families — from initial consultation to receiving your residence card.
- Author: Artur Mardanyan
- Updated: July 5, 2026
- Cyprus Pink Slip
- Company Residence Permit
- Cyprus Permanent Residency
- Family Relocation
Types of Residence Permits in Cyprus
Cyprus offers several grounds for residency. The right option depends on your situation, budget and goals.
Pink Slip (Temporary Permit)
For residing in Cyprus without the right to work. Issued for up to 1 year with annual renewal options.
Residence via Company
For business owners, directors and employees of a Cyprus company, including BCS companies authorised to hire specialists from non-EU countries.
Permanent Residency via Investment
Permanent residency in Cyprus through investment in qualifying assets. Issued indefinitely — no annual renewal required.
Family Relocation
For spouses, children and dependent family members of a Cyprus resident. Processed alongside the main applicant.
Digital Nomad Visa
For remote workers and freelancers with income from employers or clients based outside Cyprus.
Student Residence Permit
For students enrolled at Cyprus universities, colleges or language schools. Valid for the full duration of study.
Work Permit
For qualified professionals with a job offer from a Cyprus employer. IT, finance, healthcare and engineering.
Property Purchase
Residential or investment property in Cyprus for living, obtaining permanent residency or capital preservation.
Which option is right for you
Compare the key parameters of each route — cost, duration and suitable situations.
| Option | Investment | Permit duration | Processing time | Best for |
|---|---|---|---|---|
| Pink Slip | — | Up to 1 year (renewable) | 2–4 weeks | New arrivals, students, employees |
| Residence via Company | Company setup costs | 1–2 years (renewable) | 2–4 months | Entrepreneurs, directors, owners |
| Permanent Residency via Investment | from €300,000 | Permanent ✓ | 2–4 months | Investors, property buyers |
| Family Relocation | Depends on the main permit type | Tied to main permit | Processed together with the main applicant | Spouses, children, dependants |
| Digital Nomad Visa | — | 1 year (renewable) | 2–3 months | Remote workers, freelancers |
| Student Residence Permit | — | Duration of studies | 1–2 months | Students at Cyprus institutions |
| Work Permit | — | 1–2 years (renewable) | 1–3 months | Skilled professionals with a Cyprus job offer |
| Property Purchase | Depends on property | Linked to Permanent Residency (from €300,000) | From 1 month | Investors and property buyers in Cyprus |
Not sure which option is right for you?
Every situation is different. We will help you choose the most suitable residence or permanent residency option in Cyprus based on your goals, budget and family circumstances.
Cyprus, Malta, UAE or Portugal: which fits your residency plans
Compare the key parameters of getting residency — and choose the country that fits you. Data current as of July 2026.
| Criterion | Cyprus Our pick | Malta | UAE | Portugal |
|---|---|---|---|---|
| Residency threshold | From €300,000Investment in real estate or qualifying assets | From €375,000 (purchase) or €14,000/year (rent)Plus government contribution and admin fee — from €98,000 combined | From AED 2,000,000 (~€510,000)Real estate, mortgage-financed property included | From €500,000 (fund route) or from €200,000 (donation)Direct real-estate route for residency was discontinued in 2023 |
| Schengen & EU entry | Not yetCyprus is an EU member but not in Schengen; accession is targeted for 2026, with a decision expected by year-end | ✓ YesFull Schengen member | NoNot part of the EU or Schengen | ✓ YesFull Schengen member |
| Personal taxation | Non-dom — 17 yearsNo tax on dividends and interest for non-domiciled residents | Non-dom (remittance basis)Foreign income taxed only if remitted to Malta; minimum tax €5,000/year if foreign income exceeds €35,000 | 0%No personal income tax | Up to 53%The IFICI regime (NHR's 2025 replacement) applies only to tech/science/healthcare professionals, not passive investors |
| Residency status | Permanent immediatelyPermanent Residency via investment — no intermediate temporary permit | Permanent, once conditions are metRequires maintaining the investment and residence conditions | 10-year renewable visaNot a permanent status or citizenship | Renewable residence permitInvestment must be held for at least 5 years |
| Path to citizenship | AvailableSubject to Cyprus naturalisation requirements | Via naturalisationAdditional requirements beyond permanent residency | Very limitedNaturalisation of foreign investors is essentially not practised | 10 yearsTightened in May 2026 (previously 5 years; 7 years for EU/CPLP nationals) |
Malta, UAE and Portugal figures are compiled from public sources as of July 2026 and are subject to change — confirm current terms with us during a consultation.
Permanent Residency in Cyprus via Investment
The permanent residency programme allows you to obtain indefinite residency in Cyprus with an investment of at least €300,000 in qualifying assets.
The permit is issued permanently and does not require annual renewal. If the legal requirements are met, applicants may become eligible for Cypriot citizenship in accordance with the applicable legislation.
Subject to the current requirements of the legislation of the Republic of Cyprus.
- Investment from €300,000 in real estate or securities
- Confirmed annual income from abroad
- Clean criminal record
- Extends to spouse and dependent children
- No obligation to reside in Cyprus permanently
- Citizenship eligibility subject to legal requirements
Who this programme suits
- Investors
- Property buyers
- Families
- Entrepreneurs
Steps to Permanent Residency
Consultation & Strategy
We assess your situation and select the right qualifying asset and investment structure
Document Preparation
Full package: financial documents, certificates, translations, apostilles
Document Submission
We submit documents to the Migration Department of Cyprus
Receive Permanent Residency Card
We accompany you through to permit approval and biometric registration
Residence Permit Through Company Registration
A Cyprus company provides directors and business owners with a legal basis for obtaining a residence permit. This is one of the most popular options for entrepreneurs who want to operate a business and live in Cyprus at the same time.
We manage the entire process — from company incorporation to receiving your residency card.
- Cyprus Ltd company registration in 5–10 working days
- Tax registration and VAT
- Document preparation for immigration department
- Permit for owner, director and employees
- Annual renewal while company remains active
- Covers the whole family
Application Steps
Company Registration
We incorporate your Cyprus Ltd in 5–10 working days, including tax registration and VAT
Permit Application
Once the account is open, we prepare and submit the full document package
Application Review
2–4 months at the immigration department — we monitor your status
Receive Your Residence Permit Card
We accompany you to biometrics and card collection
Who this suits
- Business owners
- Online entrepreneurs
- IT companies
- International investors
We respond within 15 minutes during business hours
Residence Permit Through
Employment in a BCS Company
Companies with BCS (Business Facilitation Unit) status are authorised to hire employees from countries outside the European Union.
Official employment at such a company entitles the employee to a work-based residence permit in Cyprus, and also allows them to obtain permits for their spouse and children.
- Legal right to work in Cyprus
- Residence permits for the whole family
- Potential path to Cypriot citizenship
- Year-round residency on the island
- Employment in an international company
- Residence permit renewable for the duration of employment
Who this suits
- IT Professionals
- Marketing Specialists
- Finance Professionals
- Managers
- Engineers
- Employees of International Companies
We respond within 15 minutes during business hours
Fast-Track Path to Cypriot Citizenship
✓ For Highly Qualified Professionals Working for BCS Companies
Highly qualified professionals employed by BCS companies may be eligible for accelerated naturalisation, subject to the requirements of Cyprus law.
After 4 years of lawful residence
- Confirmed Greek language proficiency at A2 level
- Successful completion of the Cyprus knowledge examination
After 3 years of lawful residence
- Confirmed Greek language proficiency at B1 level
- Successful completion of the Cyprus knowledge examination
Citizenship is not guaranteed. Residence permit and naturalisation requirements are subject to change. Conditions should be verified at the time of application.
Who this suits
- IT Professionals
- Marketing Specialists
- Finance Professionals
- Managers
- Engineers
- Employees of International Companies
We respond within 15 minutes during business hours
Documents for Cyprus Residence and Permanent Permits
All programmes require a standard base pack: a valid passport, medical insurance and a criminal record certificate with apostille. Below are the additional documents required for each programme. We assist with apostilles, notarisation, translations and submission.
Residence Permit Through a Cyprus Company
For entrepreneurs, directors and employees of a Cyprus company (Ltd). Documents confirm genuine business activity on the island.
- Cyprus company incorporation documents
- Tax Identification Certificate (TIC) and VAT registration
- Office lease agreement in Cyprus
- Company bank account statement
- Employment contract for director
- Evidence of business activity
Permanent Residency via Investment in Cyprus
For investors committing at least €300,000 to real estate or qualifying assets. Documents confirm the source of funds and the investment itself.
- Purchase agreement / investment documents
- Proof of payment from €300,000
- Proof of Income for the Last 3 Years
- Bank statement from international bank
- Source of funds documentation
- Marriage / birth certificates
Pink Slip — Temporary Residence Permit in Cyprus
For those relocating to Cyprus without the right to work for a local employer. Key requirements are proof of accommodation and financial independence.
- Rental agreement for accommodation in Cyprus
- Proof of financial means
- Bank statement for last 3–6 months
- Proof of income source
Family Relocation to Cyprus
For spouses, children and dependants of an existing Cyprus resident. Submitted together with the main applicant under any eligible residence programme.
- Marriage certificate (apostille + translation)
- Children's birth certificates
- Criminal record certificates for all family members
- Medical insurance for each family member
- Proof of financial support by the main applicant
Not sure which documents you need?
Every situation is different. We will review your case free of charge and prepare a personalised document checklist based on your nationality, family status and chosen programme.
How We Help You Obtain a Cyprus Residence Permit
A transparent process with clear timelines at every stage.
Initial Assessment
We assess your situation, identify the best programme and outline a clear action plan.
1–2 daysDocument Collection
We provide a full checklist and assist with apostilles, notarisation and translations.
2–4 weeksApplication Submission
We prepare and submit the complete package to the Cyprus Immigration Department.
1–3 daysReceive Your Residence Card
We monitor your application status and accompany you to biometrics and card collection.
2–4 monthsWhy entrepreneurs choose Cyprus
Cyprus offers a unique combination of business environment, tax benefits and quality of life.
15% Corporate Tax
One of the most competitive corporate tax rates in the European Union (raised from 12.5% as of 1 January 2026). We handle bookkeeping and tax planning for resident companies — see our accounting and audit page.
Residence Permits for the Entire Family
Spouse, children and parents may be included in the application depending on the chosen programme.
Fast Company Registration
Fast company incorporation with the possibility to start your residence permit application immediately.
No Dividend Tax for Non-Residents
Favourable tax treatment for international entrepreneurs and investors.
Access to EU Markets
A Cyprus company can work with clients and partners across the entire European Union.
Cyprus Tax Residency
The 183-day and 60-day tax residency rules allow eligible individuals to become Cyprus tax residents.
Why Clients Trust ResidentPravo
Over 350 successful immigration and company registration cases in Cyprus.
Cyprus-Focused Specialists
100% focus on Cyprus — we know the current immigration requirements, application procedures and potential risks.
End-to-End Support
From the first consultation to receiving the residency card — one process, one team and one point of contact at every stage.
Transparent Process
We explain the stages, document list, timelines and costs upfront. No hidden fees or unexpected expenses.
Direct Communication
We respond directly via WhatsApp and Telegram. You always know the status of your case and the next step.
Frequently Asked Questions
Useful guides for moving to Cyprus
Get Your Cyprus Residence Permit
Free consultation — we assess your situation, choose the right route and give you a fixed-price quote.