According to the terms of the Cyprus Golden Visa investor obtains permanent residence status for the purchase of real estate worth €300,000 + VAT. Note that that is not a temporary residence permit, but an irrevocable permanent residence permit.
For now, Cyprus's program is working, although some Cypriot politicians have proposed restricting real estate purchases by foreigners. Restrictions apply to the purchase of building plots (area is important), as well as forest and agricultural land. Therefore, foreigners (non-EU citizens) are still allowed to purchase residential property (houses or apartments).
Key requirements of the Cyprus Golden Visa program
Obtain permanent residence in Cyprus for yourself and your family by purchasing a property worth €300,000 + VAT.
The first step is to pass a Cypriot bank check (KYC) to open a local account.
A bank account capable of supporting SWIFT transfers for real estate transactions.
Cyprus Golden Visa for travel
With a Cyprus Golden Visa, investors may live in Cyprus, but won't be able to travel within the EU. This is because Cyprus is not part of the Schengen area, even though it is part of the EU. Nevertheless, the Cypriot authorities are actively working towards integration.
Advantages of Cyprus Golden Visa
Opportunity to temporarily or permanently reside in Cyprus (without residency obligations).
Opportunity to become a full participant in the European banking system.
High liquidity of Cyprus real estate. The purchase and rental market is booming.
Cyprus real estate market
The Cyprus real estate market is showing strong growth at the start of 2026, ending 2025 with price increases across all segments following record results. Key trends include high demand for apartments and offices. Limassol remains the most expensive region, while Paphos and Larnaca offer more affordable options.
Cyprus has extended the VAT exemption on new homes until the end of 2026. The rate now changes from 19% to 5% for first-time home purchases. The exemption applies to the first 130 m² of a home priced up to €350,000 and up to 190 m². If the property price is between €350,000 and €475,000, the tax is calculated as follows: 5% of the first €350,000 and 19% of the remaining amount up to €475,000.
Example of premium properties in Cyprus eligible for “Cyprus Golden Visa by Investment”.
A new project in a prestigious area of Limassol, just 50 meters from the sea. Sea views and sunset strolls, along with the city's best restaurants and shops, are all within walking distance. The project comprises 37 apartments. Residents will also enjoy a communal swimming pool.
For example, a two-bedroom apartment with a covered area of 109 m² is priced at €890,000.
Apex Capital Partners has been working in Cyprus for a long-time helping investors understand the local real estate market.
APEX will help you choose an object in a good project from a reliable developer, and apply for Cyprus Golden Visa.
The processing time, including the registration of the contract for the purchase of real estate, is now about 8 months. Of course, there are many nuances regarding bank transfers and candidate checks. That is why we recommend getting a free consultation from APEX online or offline to get started.
