Owning property is a tangible way to both settle and invest in Cyprus.
- Its strategic location links Europe, Asia and Africa.
- Cyprus offers a relaxed lifestyle and a strong services economy.
- The island is known for its beaches, ancient ruins and mild winters.
Financial and professional services are important sectors.
EU membership opens access to the single market.
The property market
The economy benefits from a strategic location.
Tourism contributes significantly to national income.
Cyprus has a services-based economy with tourism and shipping.
The buying process
Cyprus offers permanent residency through real estate investment from about €300,000.
- The former citizenship-by-investment programme ended in 2020.
- Corporate tax in Cyprus is 12.5%, among the lowest in the EU.
- Foreigners can purchase property on the island.
- Setting up a company in Cyprus is straightforward and business-friendly.
- The permanent residency route is known for relatively fast processing.
Costs and taxes
The island is safe with a moderate cost of living.
Healthcare includes public and private options.
The climate is warm and sunny most of the year.
Yield and risk
Cyprus is a hub for shipping and financial services.
The investment can include a family main residence.
Consult a professional to pick the most suitable route.
Need a tailored roadmap?
Viking Global Group walks with you from paperwork to settlement. Call +849.219.219.88 or email [email protected] for a free consultation.
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- Studying in Cyprus: a springboard to career and residency
- Seasons in Cyprus: when to visit and scout
- Investment & Residency
Frequently Asked Questions
Can foreigners buy property in Cyprus?
Foreign-ownership rules are stated above.
Does buying grant residency?
The property-residency link is explained above.
What costs are involved?
Taxes and fees are itemised above.
Information is for reference and may change under the latest official policy. Please contact us for current regulations.