Cyprus Golden Visa 2026 allows non‑EU investors to obtain permanent residence by purchasing residential real estate worth at least €300,000 plus VAT. The permit is irrevocable and does not require the holder to live in Cyprus full‑time.
Core eligibility
- Purchase of a residential property (house or apartment) valued at ≥ €300,000 + VAT.
- Opening of a Cypriot bank account that passes a KYC (Know‑Your‑Customer) check and can handle SWIFT transfers for the real‑estate transaction.
- The applicant’s immediate family members (spouse and dependent children) are automatically included.
Restrictions
- The program does not cover the purchase of building plots, forest land, or agricultural land; only completed residential units are eligible.
- Although Cyprus is an EU member, it is not part of the Schengen Area, so the Golden Visa does not grant free travel across Schengen states. Cypriot authorities are reportedly working toward greater integration.
Benefits
- Permanent residence without a minimum‑stay requirement.
- Access to the EU banking system and the ability to own property in a market with high liquidity.
- No obligation to reside in Cyprus, allowing investors to maintain their primary residence elsewhere.
Real‑estate market snapshot (early 2026)
- Prices rose across all segments in 2025, driven by strong demand for apartments and office space.
- Limassol remains the most expensive region; Paphos and Larnaca offer comparatively lower price points.
- VAT on new homes has been reduced from 19 % to 5 % for first‑time purchases, with an exemption that applies to the first 130 m² of a property priced up to €350,000 (extended to 190 m²).
- For properties priced between €350,000 and €475,000, VAT is calculated as 5 % on the first €350,000 and 19 % on the remainder.
Illustrative property
Source article: apexcapital.one
Processing timeline
Key considerations for prospective investors
