Cyprus permanent residency by property — from €300,000.
Cyprus offers one of Europe's most straightforward permanent residency routes for property buyers. Buy an eligible new-build family home in Sotira, near Limassol, from €300,000 and secure lifetime PR for you and your immediate family.
Lifetime residency
PR status is granted for life, provided you visit Cyprus at least once every two years.
Family included
Spouse and dependent children under 25 are covered by a single application.
EU gateway
Cyprus is a full EU member state with English widely spoken, common-law legal system, favourable tax regime.
Fast processing
Fast-track category (Regulation 6(2)) is typically approved in 2–3 months from complete file submission.
Eligibility criteria
- Purchase one or two new residential properties from a Cyprus developer for a combined value of at least €300,000 + VAT.
- Show a secure annual income of €50,000 from abroad (increased for spouse and each dependant).
- Hold a €200,000 deposit for 3 years in a Cyprus bank (Fixed Deposit).
- Provide clean criminal record and health insurance.
- Confirm intent not to be employed in Cyprus (business ownership/dividends permitted).
Qualifying Extraland residences
- Freedom Residences — 3-bed detached homes from €435,000
- Somnius Habitat — 3-bed detached homes on expansive plots
- Breathe-Air — plots and villas on 10,000 m² of green land
- ORAMA collection — five detached homes in a quiet Sotira setting
This page is a general summary. Programme rules can change — always confirm current requirements with your Cyprus immigration lawyer before applying.