What is the Regulation 6(2) permanent residency?
It is Cyprus's fast-track permanent residency programme for non-EU nationals, granted in exchange for a qualifying investment of at least €300,000. It gives you and your family the right to live in Cyprus indefinitely.
Unlike a temporary residence permit, this status does not need annual renewal. It is the most popular route for non-EU individuals and families who want a stable EU base without taking up local employment.
Who is it for?
This route is for non-EU nationals who can make a €300,000 investment and demonstrate stable foreign income. Applicants often include retirees, investors, business owners and families seeking a stable Cyprus residency base.
EU, EEA and Swiss citizens do not use this route. They register directly instead (see EU citizens).
What are the requirements?
You must make a qualifying €300,000 investment, prove secured annual income from abroad, hold a clean criminal record, and maintain the investment. The income threshold rises for each family member.
- Qualifying investment (one of): a new residential property of at least €300,000 (excl. VAT); or €300,000 in commercial property, a Cyprus company's share capital with local staff, or units in a Cyprus investment fund.
- Secured annual income: roughly €50,000 per year from abroad, increased by about €15,000 for a spouse and €10,000 for each dependent child. Income source must be outside Cyprus (for the property route).
- Clean criminal record from your country of residence.
- Health insurance covering Cyprus.
- Maintain the investment and visit Cyprus at least once every two years.
What is the process and timeline?
After you complete the qualifying investment, your lawyer submits the application to the Civil Registry and Migration Department. A complete file may take around six months to be examined, but timing varies.
- Select and reserve a qualifying property or investment.
- Open a Cyprus bank account and transfer funds from abroad.
- Gather documents: passports, income evidence, clean criminal record, health insurance, marriage/birth certificates (apostilled).
- Submit the Reg. 6(2) application with proof of investment.
- Biometrics and issuance of the permanent residency permit.
How much does it cost?
| Item | Indicative amount |
|---|---|
| Qualifying investment | from €300,000 (excl. VAT) |
| Government application fee | ~€500 per applicant |
| Legal & professional fees | varies by firm |
| Health insurance | varies by age & cover |
Figures are indicative. A licensed professional gives you an exact quote based on your circumstances.
Frequently asked questions
How much do I need to invest?
How long does it take?
Can I work in Cyprus with this permit?
Can my family be included?
Could I lose the status?
Does it lead to citizenship?
Ask about permanent residency
Tell the assistant your nationality, budget and timeline. It will explain whether Regulation 6(2) appears relevant to you.