Video Briefing

Offshore Citizen: Fastest EU Permanent Residency 0% Tax Cyprus Regulation 6.2

Apr 21, 2021Video Briefing11:08Watch on YouTube

Cyprus offers one of the easiest and fastest permanent residency programs in the EU, with favorable tax treatment and flexible investment options.

• Investment options of €300,000 or more include residential property, commercial property, a pre-existing business employing at least five people, or approved investment funds.
• Residency is granted quickly, typically within two months, with permanent status maintained by visiting Cyprus every two years.
• Citizenship is attainable after seven years, requiring physical presence in Cyprus for five full years prior to application.
• Family inclusion is generous: spouses, children under 18, children 18–25 in full-time education, and parents or parents-in-law can be included under the same investment.
• Main caveat: Property or investment must be maintained to keep residency; citizenship requires extended physical presence, and the program is not a Schengen visa, though it can aid Schengen applications.

Takeaway: Cyprus combines fast, flexible permanent residency with strong tax benefits and multigenerational family inclusion, making it an attractive option for EU residency and eventual citizenship planning.

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