What is Regulation 6(2)?
It is an expedited route to an Immigration Permit for third-country nationals who meet the investment and quality criteria. Permanent residence is not citizenship and approval is not automatic.
RESIDENCY BY INVESTMENT
Permanent residence in Cyprus under Regulation 6(2)
A clear route for third-country nationals: choose a qualifying investment, review the asset and coordinate a complete dossier.
20.08.2026
ASTERION CYPRUS
The programme in brief
The expedited procedure under Regulation 6(2) allows a third-country national to apply for an Immigration Permit when the criteria are met. It is not citizenship or automatic approval; current requirements must be confirmed before filing.
PRACTICAL GUIDE
Cyprus permanent residence: what matters
The key points to review before choosing an investment route and preparing an application.
Documents for the application
A dossier normally includes MIP2, identity and family documents, proof of the investment and funds transferred from abroad, income evidence, accommodation, insurance, criminal-record certificates and official translations. Confirm the exact checklist with the Migration Department.
Costs and timing
The minimum investment is €300,000 in a qualifying category. VAT, application fees, translations, insurance, banking and legal costs may also apply. The official estimate for examining a complete application is approximately two months.
Maintaining the status
After approval, the investment, required income and insurance must be maintained and the monitoring requirements followed. Rules can change, so confirm the current official criteria before filing.
INVESTMENT ROUTES
Four investment routes
New residential property
First sale from a developer, at least €300,000 plus VAT where applicable.
Commercial real estate
Offices, shops, hotels and related developments from €300,000; resales may qualify.
Cyprus company
€300,000 in a Cyprus company with physical presence and at least five employees.
Collective investments
Units in a Cyprus AIF, AIFLNP or RAIF with investments held in Cyprus.
ELIGIBILITY
What must be evidenced
- Funds transferred to Cyprus from abroad and linked to the investment.
- Income of at least €50,000 for the applicant, plus €15,000 for a spouse and €10,000 per dependent child.
- Suitable accommodation, medical cover and a clean criminal record.
- The applicant and spouse generally confirm that they do not intend to work in Cyprus under this route.
- The investment must be maintained or immediately replaced with an equivalent qualifying investment.
FAMILY
Family and dependants
Spouse
May be included when conditions are met; income rises by €15,000.
Children under 18
May be included as dependants.
Students 18–25
Unmarried, financially dependent students may file separately; €10,000 extra income per student.
Adult children
Possible only with a higher investment and review of current rules.
ROADMAP
How the process works
Assessment
Nationality, family, source of funds, income, objective and timing.
Route selection
Match budget and objective to the four categories.
Due diligence
Independent lawyers review the asset, seller, title, contract and payments.
Dossier
Translations, certificates, bank evidence, insurance and Form MIP2.
Assessment
Monitor authority requests until a decision; timing depends on completeness.
Maintenance
Monitor investment, income, accommodation and required evidence.
FAQ
Frequently asked questions
01Does property purchase grant citizenship?
No. Regulation 6(2) is an Immigration Permit, not citizenship. Naturalisation is separate.
02Does a resale apartment qualify?
The house/apartment category requires a first sale by a developer. A resale may qualify under another category.
03Can I work in Cyprus?
This route requires confirmation that the applicant and spouse do not intend to work; counsel should review the structure.
04Must I live permanently in Cyprus?
The right is unlimited, but maintaining it depends on residence, compliance and absence rules.
05What costs are there beyond €300,000?
VAT where applicable, legal services, translations, fees, insurance, banking and property ownership costs.
06What fee is charged on filing?
The Migration Department currently lists a €500 application fee and an additional €70 ARC fee for each person who does not already have an ARC. Check the current fees before filing.
07Can an authorised representative file the application?
Yes. The application may be submitted in person or through an authorised representative. Supporting documents must be officially translated and duly certified.
08What happens after approval?
If the applicant is outside Cyprus, residence in Cyprus must be acquired within one year after approval. The right may cease if permanent residence is acquired abroad or the person is absent from Cyprus for two years.
OFFICIAL SOURCES
Official basis
Confirm the current criteria and document list before reserving an asset or filing.
ASTERION
Get a consultation on Cyprus permanent residence by investment
We prepare a brief, identify options and coordinate the legal work.
This material is informational and is not legal or immigration advice.