Cyprus Golden Visa – The Complete Guide

CYPRUS GOLDEN VISA PROGRAM IS AN INVESTMENT IMMIGRATION PROGRAMME TARGETED AT NON-EU CITIZENS TO OBTAIN EU RESIDENCY OR CITIZENSHIP.  

Embarking on your journey towards Cyprus Golden Visa is a significant decision, and we’re here to guide you through the process with clarity and ease. Below, we outline the requirements and step-by-step procedures for applying for the Cyprus Golden Visa, so you know what to expect.

Cyprus Golden Visa


The Cyprus Golden Visa offers instant Permanent Residency connected to your investment. Although Cyprus is not yet part of Schengen, but it has visa-free access of more than 170 countries, including most of Schengen countries.

Furthermore, children under the age of 25, one of the most accommodating age limits for dependents, can apply together as part of the application.

It is ideal for individuals seeking immediate permanent residency with a more modest investment budget.

Part of EU
Not part of Schengen
Permanent Residence Permit
€300,000 investment in property or funds
Entry once every 2 years
Dependent – Spouse and children only
Permanent residence: Immediately
Citizenship: Reside for 5 years within an 8-year period
Public healthcare and education
Allow start business, not allow to work

FAQ on Cyprus Golden Visa

Qualified Investments for Cyprus Golden Visa

Invest in Property

€300,000 investment in property

Investors have the flexibility to acquire up to two properties to reach the €300,000 investment threshold.

Invest in Fund

€300,000 investment in funds

JWP Fund invests at least 60% of net assets towards Cypriot real estate companies or properties with sustainable economic development potential. These properties encompass office buildings, shopping centres, commercial structures, hotels, and logistics properties, as well as residential properties.
Additionally, indirect investments in real estate or real estate-related markets can be made through investments in other collective investment schemes (relevant funds), not exceeding 40% of the fund’s net asset value.

Managed by Byron Capital Partners, a trusted entity within the JWP Fund family.

The fund already gained approval from government for Golden Visa
No leverage is used: mature interest-earning assets acquired under the name of the fund are 100% owned by investors, ensuring that investors’ funds are safer.
Stable income from the fund with mature hotels as income generating assets.
Open-end funds with flexible exit mechanism.
Fund can be renewed or redeemed upon maturity.

Cyprus Golden Visa Application Procedures

After you have decided that Cyprus’s Golden Visa is your ideal choice, you might want to get more information on the investment options, and to start preparing for the application.  Below is an outline of the procedures for applying for the Golden Visa, step-by-step, to give you an idea of the process.  We understand there are major decisions to be made here, and dealing in Portuguese may make things more complicated, trust us that The Golden Portugal team is here to help you along the way.  

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Average Time to Get Your Permanent Residence Card (Step 1 – 8) :

5

Months

Step-by-Step Application Procedures:

Step 1 – Initial Consultation

Begin with an initial consultation to assess your unique case and explore the investment options that align with your goals.

Step 2 – NIF & Bank Account

We will assist in obtaining a taxpayer ID number for you and your family, and introduce you to a bank manager to facilitate account opening.

Step 3 – Investment Options

Based on your needs, we’ll identify and recommend suitable investment opportunities on fund and property.

Step 4 – Transfer money and make the Investment

Transfer the necessary funds to your bank account and proceed with your chosen investment. Specific procedures may vary depending on your investment option.

Step 5 – Gather Personal Documents

Gather all required documents for the SEF submission. We’ll provide guidance and collaborate with relevant parties, to acquire the necessary documents.

Step 6 – Online Application Submission

Your lawyer will submit your application and accompanying documents online.

Step 7 – Biometrics

You will need to go to Cyprus to provide biometric information.

Step 8 – Approval and Residence Cards

Your approval and residence card will be ready in around 2-3 month’s time, where your lawyer to get your residence card and mail it to you.

Apply Remotely

Please note that all steps and processes, except for step 7 (Biometrics), can be conveniently completed remotely without the need for you to visit Greece. Our dedicated team is here to ensure a smooth and hassle-free Golden Visa application experience. Feel free to contact us for an initial consultation to get started on your Golden Visa journey.

Documents Requirements for Cyprus Golden Visa

Documents to be obtained in your country of origin

Valid Passport: A current passport is essential.
Criminal Record Certificate: For each applicant aged 16 or older, a criminal record certificate from the country where you’ve latest resided for at least one year is required.
Proof of Residence: Provide a copy of your driver’s license, a recent utility bill, or a recent bank statement (for the main applicant).
Cyprus Medical Insurance
Family Members’ Eligibility Documents: If you are including family members in your application, you’ll need to provide specific documents:
For the spouse, a marriage certificate.
For children, birth certificates (plus single status certificates and proof of student enrolment if they are over 18).
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