Cyprus Property & Residency — Your Questions Answered

Cyprus Property Residency Faq
Clear answers about €300K investment, residency process, and real rental returns in Cyprus.
From €300,000 · 4–6 month approval · 5–8% rental income

€300,000

MINIMUM INVESTMENT

4–6 Months

PR APPROVAL TIME

5–8%

ANNUAL RENTAL RETURNS

Yes

FAMILY INCLUDED

No

STAY REQUIREMENT

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FAQ

Investment & Residency

What is the minimum investment for Cyprus Permanent Residency?
€300,000 + VAT in a new property from a licensed developer.This is the official threshold to qualify for Cyprus Permanent Residency.

Most international investors qualify.

You need:

We guide you through the full process.

  • Property purchase from €300K
  • Stable income from abroad
  • Clean criminal record
No.Residency allows you to live in Cyprus permanently, but it is not a passport.However, it can lead to citizenship after several years if you live in Cyprus.
No.You only need to visit Cyprus once every 2 years.This makes it ideal for investors.
Still unsure? Speak with our team
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FAQ

Family & Dependants

Can my family also get Cyprus residency?

Yes.

Your residency includes:

All receive permanent residency.

  • Spouse
  • Children (up to 25 if studying)
Yes.Parents of both the main applicant and spouse can be included under certain conditions.We will structure this for you.
Want to check your eligibility? Speak with us
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FAQ

Property & Rental Income

Can I rent out my property after getting residency?

Yes.

You can rent your property and generate income.

This is one of the main advantages of Cyprus PR.

Typically 5–8% annually depending on:

We can show you real examples.

  • Location
  • Property type
  • Rental strategy

New residential properties from licensed developers.

Options include:

We will show you qualifying options.

  • Apartments (from €300K)
  • Villas (higher budgets)

You must keep ownership of a qualifying property to maintain residency.

If you sell, you need to replace it with another qualifying investment.

Want available €300K properties? Get options on WhatsApp
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FAQ

Process & Timeline

How long does the Cyprus PR process take?

Typically 4–6 months from application to approval.

We handle everything for you.

Only once for biometrics.

The rest can be handled remotely.

Your lawyer submits the application.

We coordinate everything — property, legal, and documentation.

Want step-by-step guidance? Speak to our team
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FAQ

Investment Safety

Is Cyprus safe for property investment?

Yes.

Cyprus is one of the most stable real estate markets in the region.

  • EU country
  • Strong legal protection
  • High demand from international buyers

It’s a combination of lifestyle + return.

  • EU residency from €300K
  • Strong rental demand
  • Low taxes
  • Growing property market
See why investors are choosing Cyprus → Get the full guide
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OUR ADVANTAGE

Why Prospecta Development?

40+ years of award-winning development in Paphos. We handle everything from property selection to residency approval.

EU country with stable legal system

English common law, strong property rights, EU-regulated market.

Strong rental demand in Paphos

2M+ tourists annually. High occupancy for short and long-term lets.

Low taxes

15% corporate tax, no inheritance tax, no annual property tax.

Growing property prices

7–9% annual price growth driven by international demand.
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DURATION

How long does the process take?

4–6 months

Most applications are approved within 4–6 months. We handle the entire process for you.

1

Choose a qualifying property

From €300,000 — apartments or villas in Paphos

2

Sign the sale contract

With your legal representative. Reservation deposit typically €5,000–€10,000

3

Prepare documents

Passport, income proof, criminal record, health insurance. We provide the full checklist.

4

Submit application

Your lawyer submits to the Civil Registry. Fee: €500 per person.

5

Receive PR cards

You and your family receive Cyprus PR cards. Valid 5 years, renewed automatically.
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ASK MORE

Not Sure where to start or Still have questions?

Speak directly with our team and get available investment options tailored to you.

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Cyprus Investment Guide

Residency requirements, returns & process
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