Residence Permit by Investment – Cyprus

List of contents hide
1 Why Choose Cyprus Permanent Resident?
2 Minimum Investment
3 Tax

Why Choose Cyprus Permanent Resident?

  • Non-Schengen countries, need a Schengen Visa if you go to a Schengen country.
  • ONLY 1x Registration, NO RENEWAL. The Residence Permit also remains valid after the child is working / no longer a Dependent.
  • Only 2 GENERATIONS possible, Includes dependent children under 18 years old, or up to 25 years old if they are still enrolled in full-time education. Parents are not included.
  • PROCESSING TIME : 2-3 months.
  • Citizenship : After 7 years of stay in Cyprus, min > 183 days / year.
  • MINIMUM STAY : 1 day within 2 years.
  • Not allowed to WORK as an employee, but you turn to BUSINESS.
  • It is a former British colony: English is used daily, schools and the judicial system refer to English.

Minimum Investment

€300,000 into :

  1. New Property (Freehold Ownership) : 19% tax for individuals, 5% for commercial properties. The most popular choices, LIMASSOL and PAPHOS, are among the two best cities for property investment.
  2. Local company shares: Must be purchased from a company that is registered and has an operating office in Cyprus, employs a minimum of 5 staff members. The investor may receive dividends and work there as a Director.
  3. Private investment funds in Cyprus : Bonds, Bills (Debt Securities), and Securities issued with the approval of the Cyprus Securities and Exchange Commission.

GOOD NEWS!!

CYPRUS is expected to join the Schengen Area as early as 2026.

Tax

  1. BUSINESS TAX:
    • VAT: Generally set at 19%, with five different tax rate categories..
    • VAT-exempt : Insurance, financial services, and mutual fund management.
    • For First-Time Property Buyers: VAT 5% For First 130 m², with a maximum price €350.000 and the total value of the property under €475,000.
    • CORPORATE INCOME TAX: 12,5%
      • TAX-FREE CAPITAL GAINS For:
        • Share sale
        • Sale of immovable property located outside Cyprus
    • DIVIDEND TAX FREE from subsidiary companies
  2. PERSONAL INCOME TAX:
    • First annual income of €19.500: tax free
    • Subsequent income is taxable 20% to 35%
      **A 35% rate applies to income above €60.000
  3. INHERITANCE TAX AND PROPERTY TAX: 0%
  4. NON-DOMICILE STATUS: Tax-free on dividends and interest obtained from abroad

Loading