Fast-Track to a European Lifestyle: Secure Your Future in Cyprus
As a licensed and experienced professional services provider, we help individuals and families from all over the world obtain Permanent Residency in Cyprus through the highly attractive Fast-Track Permanent Residency by Investment Programme.
Whether you’re seeking a safe and strategic location for your family, a European base for your business operations, or a tax-efficient lifestyle in the Mediterranean, Cyprus has it all. Let us guide you every step of the way.
Why Choose Cyprus?
1. A Gateway to Europe
Cyprus consistently ranks among the safest countries in Europe. Combine this with a modern healthcare system, high-level international education, and a welcoming local culture, and you have a lifestyle that few countries can match.
2. Safety, Stability, and Quality of Life
Cyprus consistently ranks among the safest countries in Europe. Combine this with a modern healthcare system, high-level international education, and a welcoming local culture, and you have a lifestyle that few countries can match.
3. Favorable Tax Regime
Cyprus offers one of the most attractive tax regimes in Europe with low corporate and personal tax rates, non-dom status, no inheritance tax, and a wide range of double tax treaties. Preferential for both your Company & as an individual.
4. Cost of Living. Ideal for Families
Cost of leaving can be found to be on the low side in some cities in Cyprus and when compared with other countries around the world. In addition, you can also enjoy over 300 days of sunshine a year, pristine beaches, and a thriving expat community make Cyprus a top destination for relaxed yet sophisticated living.
You can read more on Why Cyprus is your ideal destination here.
Cyprus is a member of the European Union and strategically positioned at the crossroads of Europe, Asia, and Africa. A Cyprus residency unlocks visa-free travel within the EU’s Schengen Zone (upon future accession) and a stable legal framework built on common law principles.
Cyprus consistently ranks among the safest countries in Europe. Combine this with a modern healthcare system, high-level international education, and a welcoming local culture, and you have a lifestyle that few countries can match.
Cyprus offers one of the most attractive tax regimes in Europe with low corporate and personal tax rates, non-dom status, no inheritance tax, and a wide range of double tax treaties. Preferential for both your Company & as an individual.
With international English-speaking schools, top-tier private medical facilities, and abundant leisure activities, Cyprus is a perfect environment for raising a family.
Cost of leaving can be found to be on the low side in some cities in Cyprus and when compared with other countries around the world. In addition, you can also enjoy over 300 days of sunshine a year, pristine beaches, and a thriving expat community make Cyprus a top destination for relaxed yet sophisticated living.
You can read more on Why Cyprus is your ideal destination here.
The Fast-Track Permanent Residency by Investment Programme
The Cyprus Permanent Residency Programme (Regulation 6(2)) offers non-EU nationals and their families the right to reside in Cyprus permanently.
Under the fast-track process, applicants can obtain residency within a few months upon meeting certain investment and eligibility criteria mentioned below.
Key Benefits
- Lifetime Permanent Residency
- Residency for spouse, dependent children (under 18), and adult children (up to 25, under conditions)
- No requirement to reside permanently in Cyprus (just a visit every two years)
- No language test or history exam required
- Residency is issued indefinitely (valid for life)
- Clear path to citizenship (passport) after 5–7 years of physical presence
- If Cyprus enters the schengen zone you will be able to enjoy visa-free travel within the EU.
Eligibility Criteria
To be eligible for the program, applicants must fulfill the specific criteria outlined below. We can ofcourse assist with all steps in the process including finding appropriate Real Estate Investment.
1. Real Estate Investment
Applicants must invest at least EUR 300,000 + VAT in new residential real estate. This investment can take one of the following forms:
- One residential property valued at minimum EUR 300,000 + VAT
- Two new units from the same developer, totaling at least EUR 300,000 + VAT
- Alternative options: Commercial property (offices, shops, hotels) or share capital in a Cyprus company (subject to different terms)
2. Secure Annual Income
- Main applicant must demonstrate a secure annual income of at least EUR 50,000, sourced from outside Cyprus (e.g., salary, pensions, dividends, rental income).
- This amount increases by:
- EUR 15,000 for a spouse and/or EUR 10,000 for each dependent child
3. Clean Criminal Record
The applicant and all adult family members must have a clean criminal record from their country of origin and residence.
4. Health Insurance
Comprehensive medical insurance must be provided for the applicant and family members.
Cyprus is a member of the European Union and strategically positioned at the crossroads of Europe, Asia, and Africa. A Cyprus residency unlocks visa-free travel within the EU’s Schengen Zone (upon future accession) and a stable legal framework built on common law principles.
Cyprus consistently ranks among the safest countries in Europe. Combine this with a modern healthcare system, high-level international education, and a welcoming local culture, and you have a lifestyle that few countries can match.
Cyprus offers one of the most attractive tax regimes in Europe with low corporate and personal tax rates, non-dom status, no inheritance tax, and a wide range of double tax treaties. Preferential for both your Company & as an individual.
With international English-speaking schools, top-tier private medical facilities, and abundant leisure activities, Cyprus is a perfect environment for raising a family.
Cost of leaving can be found to be on the low side in some cities in Cyprus and when compared with other countries around the world. In addition, you can also enjoy over 300 days of sunshine a year, pristine beaches, and a thriving expat community make Cyprus a top destination for relaxed yet sophisticated living.
You can read more on Why Cyprus is your ideal destination here.
The Application Process
Our expert immigration consultants and legal professionals at Asterisk Corporate Services handle your entire application process from start to finish.
- Initial eligibility assessment
- Tailored investment options
- Legal and financial planning
- Property selection and purchase
- Procedures with the land registry take place through our dedicated professionals
- Collection of required documentation
- Translation and certification as per Cyprus regulations
- Filing with the Civil Registry and Migration Department
- Filing fee payment (currently EUR 500)
- Typical processing time: 2–3 months
- Interim residency permit issued
- Biometric registration
- Issuance of Permanent Residency Card
Frequently Asked Questions (FAQ)
Yes, the programme allows for the inclusion of your spouse and dependent children under 18. Unmarried children aged 18–25 may also qualify under certain conditions (e.g., students, financially dependent). Also, higher value investment to include adult children can be done.
No. You only need to visit Cyprus during the application process and then once every two years to maintain your residency status.
For residential properties purchased under the fast-track route, the property must be used for private residence and not rented out. Commercial property, however, may be rented.
If you sell your property and do not replace it with another qualifying investment, your permanent residency status will be cancelled.
Yes. After seven years of legal and physical residence in Cyprus (including maintaining a certain number of days per year), you may apply for Cypriot citizenship by naturalization.
We combine legal precision with a personal approach. We understand the immigration framework, offer local insight, and have deep-rooted relationships with property developers, banks, and authorities to ensure your journey is smooth and secure.
Typically, 2–3 months from submission. We ensure all documentation is correct to avoid delays.
Yes. To retain your Immigration Permit, you must annually submit proof that:
- The initial investment is still maintained;
- You and your family have valid health insurance (if not covered by GESY);
- You and your adult family members maintain a clean criminal record (to be provided every 3 years).
Failure to meet these requirements may result in the withdrawal of the residency permit for you and your family.
The above are provided for indicative purposes only and do not constitute any form of advise. Please contact us for more information and specialized advise on Cyprus Company Formation matters.
Why Choose Asterisk Corporate Services?
At Asterisk Corporate Services, we provide the service we would like to receive ourselves.
If we cooperate, we will assist you through our trusted associates to find the correct and ideal property based on your requirements, as well as assist you through all the steps of the process to ensure that you receive the Cyprus PR fast and without stress.
We are not just a provider — we are your partners in building a new chapter in Cyprus.
We can assist you with all parts of the process including but not limited to:
- Access to trusted real estate partners to find the ideal property
- Legal assistance in drafting the necessary documentation
- Collection, review, and certification of all documents
- Application submission and liaising with the authorities
- Provision of full range of corporate services from Cyprus Company Incorporation to ongoing support
Take the Next Step Toward a European Life
Asterisk Corporate Services is here to help you realise your vision of living, investing, and thriving in Cyprus. Our experienced team handles every aspect of your journey with integrity, efficiency, and personal care. Let’s make Cyprus your home base in Europe.
Contact us today at contact@asterisk.cy for more information or fill in the form below.
