Reviewed by Jane Katkova, Founder & Licensed CICC ConsultantKey points
- The main applicant shows secured annual income of at least €50,000 from abroad.
- Add €15,000 for a spouse and €10,000 for each dependent child.
- Salary, pensions, dividends, rents and fixed deposits count when evidenced.
- The income test sits alongside a €300,000 plus VAT qualifying investment.
Income thresholds under Regulation 6(2)
Cyprus permanent residence by investment has an income test as well as an investment test. The main applicant must show secured annual income of at least €50,000 from sources outside Cyprus. The threshold rises with the family:
- Spouse: add €15,000.
- Each dependent child: add €10,000.
- Couple with two children: €85,000 in total.
Income that counts
Salary, pensions, dividends, rents and fixed deposits count when supported by evidence. Capital sitting in a bank account does not. An annual income confirmation is also part of keeping the permit, along with holding the investment and insurance.
The investment and family conditions
The qualifying investment is €300,000 plus VAT in first-sale residential property from a developer, other real estate, company shares or fund units. VAT is 19%, or 5% on the first 130 m² of a primary home. Children under 18 are included; children aged 18–25 in full-time study need extra income, and parents are no longer included for new applications. The Civil Registry and Migration Department decides fast-track files in two to six months.
The permit is indefinite and needs one visit every two years. Naturalisation is a separate process that depends on actually living in Cyprus, which we explain in our guide to moving from Cyprus residence to citizenship. Programme conditions are on our Cyprus residence by investment page. To have your income evidence reviewed before you commit to a property, book a consultation with us.
People also ask
Does Cyprus permanent residence give visa-free Schengen travel?
No. Cyprus is an EU member but not part of the Schengen area, so the permanent residence permit does not let you travel visa-free in other European countries. Your own passport decides that. US and Canadian citizens already have 90 days in 180 in Schengen; others need a visa. No accession date is in force in 2026.
How long does it take to get Portuguese citizenship through residence?
Ten years of legal residence, counted from your first residence card, under the Nationality Law in force since 19 May 2026. EU and CPLP nationals qualify after seven years. You also need A2 Portuguese and a clean record. Applications lodged before 19 May 2026 follow the old five-year rule.
Can you still get a Portugal golden visa by buying property?
No. Real estate and real-estate funds were removed from the Portugal golden visa on 7 October 2023. The routes in 2026 are a €500,000 CMVM-registered fund, €500,000 in research, a €250,000 cultural donation (€200,000 in low-density areas) and company or job-creation routes. You may buy a home, but it will not count.
How much does the Greece golden visa cost in 2026?
From €250,000 for an approved commercial-to-residential conversion or listed-building restoration, €400,000 for a standard home in most of Greece, and €800,000 in Attica, Thessaloniki, Mykonos, Santorini and islands with more than 3,100 residents. Add about 3.09% transfer tax, 3–4% notary and legal fees, and about €2,000 state fee per adult.
Can you rent out a Greece golden visa property on Airbnb?
No. Long-term lets are allowed, but short-term rental on Airbnb-style platforms is banned for Greece golden visa property. The fine is €50,000 and the residence permit can be revoked. Plan your yield on annual tenancies, not tourist lets, and expect a Greek property tax bill (ENFIA) plus tax on any Greek rental income.