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Step-by-Step Application Process for the Cyprus Golden Visa
The Cyprus Golden Visa program provides a quick and efficient pathway to European residency via investment. It is appropriate for those looking to gain access to the EU, while also benefitting from residence, lifestyle, business and tax opportunities.
The program features a clear and reliable process, regardless of your investment choice: real estate, business or an investment fund. Read more below about the step-by-step process to assist you in your transaction.
Application Process for Cyprus Golden Visa
Applying for the Cyprus golden visa is an easy process, which involves providing proof of your investment and the submission of personal details and documents to the Cyprus immigration authorities.
Step 1: Decide on the Best Investment Option for Your Needs
You may choose to invest your money in real estate, in the share capital of a Cyprus business or in local investment funds, which comply with the Cyprus golden visa regulations.
Most applicants opt for the real estate route, as this allows them both to live in the property or to rent it out as an investment. Before making a decision, consider your financial circumstances and objectives, as well as your local accommodation needs.
Step 2: Complete Your Investment and Secure the Paperwork
You will need to provide proof of your investment at the time of applying for your Cyprus golden visa. This will typically consist of the property purchase contract, share certificates or investment fund subscription certificates, depending on your chosen investment route. You will also need to present bank advice slips showing that the funds for your investment have originated from abroad.
It is advisable to have all documents reviewed by a lawyer or immigration consultant prior to submission, so as to avoid mistakes, which can lead to delays in the approval process.
Step 3: Gather the Documents You’ll Need for the Application
Get all the paperwork ready for submission, ie copies of all pages of your passport, your proof of investment, clean criminal record certificate, medical insurance and documents proving that your annual income meets the minimum threshold.
All documents must be translated into Greek or English if issued in another language and must be legalised.
The sooner you organise your papers and have them checked, the faster the approval process will be completed.
Step 4: Submit Your Application to the Authorities
Submit your completed application to the Civil Registry and Migration Department of Cyprus. This will normally be done by your lawyer or appointed representative in Cyprus.
Your forms and supporting documents must be accurate and complete. You will be required to pay the application fees upon submission. You should retain copies of all documents submitted for future reference.
Step 5: What Happens While You Wait – Temporary Residence permit
If you want to remain in Cyprus while your application is processed, you must ensure that your current visitor visa allows you to do so. If not, you will need to apply for a temporary residence permit at the same time as applying for your golden visa.
Step 6: Your Biometric Appointment – What to Expect
The Civil Registry and Migration Department will invite you to an appointment, so that your biometric data may be collected. The attending officer will take your photo, fingerprints and a sample of your signature.
You will need to bring your passport to the appointment as proof of your identity.
Step 7: Receiving Your Official Cyprus Golden Visa Residence Card
You will receive your official Cyprus golden visa residence card once it has been approved. The card serves as a local identity card and allows to live in Cyprus for as long as you maintain your investment.
Cyprus expects to be a member of the EU Schengen Zone in early 2026. When this happens, your Cyprus residence card will allow you to travel freely to other countries in the Schengen Zone, without the need to carry a passport or to apply for a visa. You will be allowed to spend up to 90 days in any period of 180 days within the Schengen Zone and may spend the rest of your time in Cyprus.
You Cyprus residence card will also entitle you to free access to the country’s public healthcare and education systems.
It should be noted, however, that the Cyprus golden visa is a permanent residence permit but not an employment permit. Consequently, you will not have the right to seek employment on the island. There are no restrictions on any foreign employment.
Expected Timelines and Processing Duration
It typically takes between two and three months from submission to approval. This can vary in cases where documents are not accurate or due diligence background checks require extra time.
Temporary residence permit applications are normally processed within a few weeks of submission, ensuring that you may remain in Cyprus while you await your permanent residency approval.
You should always hire a professional legal or immigration consultant to help ensure that your documents are complete and accurate, thus keeping processing times down to a minimum.
Final Thoughts
The Cyprus golden visa process is quite straightforward, provided you follow the process carefully.
Choosing the appropriate investment for your circumstances is crucial. With professional assistance and adequate preparation, you can look forward to making your Cyprus residency a reality.
Cyprus offers a great lifestyle, excellent investment opportunities and access to Europe for you and your family.