Global Residency and Citizenship by Investment Report: Cyprus (RBI)
Rankings
Overall ranking: 8th (score: 88.79)
- Procedure: 2nd
- Mobility: 13th
- Tax Optimization: 6th
- Quality of Life: 15th
- Investment: 21st
Country Information
Legal Provision | |
Region | Europe |
Minimum investment threshold | €300,000 |
Year of inception | 2013, revised in 2021 and 2023 |
Visa-free countries | 175 |
Investment options | Investment in residential real estate (new properties), commercial real estate, shares of a Cyprus-based company, units of a local investment fund (AIF or UCITS) |
Physical presence requirements | Applicants must visit Cyprus at least once every two years to maintain their residence status |
Family member inclusion | The main applicant can include spouse, children up to 25 (if dependent), and parents of both spouses |
Dual citizenship allowed | Yes |
Path to citizenship | Eligibility to apply for citizenship after seven years of continuous residence, with specific conditions |
Average processing time | 2-4 months |