Who this is for
- A third-country national who can invest €300,000 and does not need to work here
- Someone with income arising outside Cyprus — pension, dividends, rent, salary from abroad
- A family wanting permanent status quickly rather than cheaply
- Not for anyone who needs a Cyprus salary. If you do, long-term residence is the route, at €30 and five years
What is required
- €300,000 invested, and the money must come from abroad into the seller's Cyprus account
- €50,000 of secured annual income, arising outside Cyprus, with additions for a spouse and each child
- A declaration that you will not take employment in Cyprus — other than as a director of the company you invested in
- Clean criminal record and health insurance
Documents to bring
- Form MIP2, completed
- Passports for every applicant
- Proof the investment came from abroad — the transfer trail, not just a contract
- Title deed or sale contract, lodged where required
- Evidence of the secured annual income, from outside Cyprus
- Clean criminal record certificate, health insurance, marriage and birth certificates
- Everything foreign officially translated and duly certified
What it costs
€500, plus €70 per ARC — on top of the €300,000 invested
The government fees are small; the criteria are the cost. Add legal fees, transfer taxes and VAT on the purchase, which are separate again.
The procedure
- Choose the investment and check it qualifies before any money moves
- Transfer from abroad into the seller's Cyprus account — the origin of the funds is examined
- Assemble the income evidence and the personal certificates
- Submit MIP2 with the full file
- On approval, register for the ARC — €70 each
How long it takes
About two months. That speed is the whole proposition; every other permanent route runs six months to a year.
Where it goes wrong
- Moving the money the wrong way
- It has to come from abroad into the seller's Cyprus account. Paying from funds already sitting in Cyprus can sink the application.
- Counting Cyprus income towards the €50,000
- The income has to arise outside Cyprus. A local salary does not count, and cannot, given the declaration.
- Not reading the employment declaration
- You are signing that you will not take a job in Cyprus. People sign it and then look for work.
- Confusing this with Category F
- Category F applications are accepted and, in practice, never decided. Do not build a plan on one.
- Forgetting the family additions
- The income requirement rises for a spouse and for each child. Budget on the household figure, not the headline one.
How we help
The two things that sink these are the route the money takes and where the income arises, and both are decided before you apply rather than after. We check the file against the criteria first, tell you plainly if it does not meet them, and handle the certificates, translations and submission if it does.
Ask us about your caseCommon questions
It is the fast permanent residence route for third-country nationals, granted under Regulation 6(2) on the basis of a €300,000 investment and €50,000 of secured annual income arising outside Cyprus. It is applied for on form MIP2 and decided in about two months.
No. You declare that you will not take employment in Cyprus, other than as a director of the company you invested in. If you need to work here, long-term residence is the route instead.
€500 for the application, plus €70 for each Alien Registration Certificate, on top of the €300,000 investment itself. Legal fees, transfer taxes and VAT on the purchase are separate.
Yes. The investment must be transferred from abroad into the seller's Cyprus account, and the origin of the funds is examined. This is one of the two most common reasons an otherwise sound application fails.
No. Category F is a separate, much cheaper category which the Migration Department accepts applications for but does not in practice decide. Regulation 6(2) is the route that actually moves.