Cyprus · Permanent Residency
One property investment in Paphos secures Cyprus Permanent Residency | for you, your spouse, your children and your parents. For life. Built by a developer established in 1961, with 500+ projects delivered, fully self-financed and everything handled in-house.
2 mo
Approval
€300k
Threshold
Lifetime
Validity
Preparing your journey…
Chapter I
Descending over the Mediterranean into Paphos.
Chapter II
From bare ground to finished villa | sixty years of craft.
Chapter III
Your villa. Your welcome.
Chapter IV
Step into the home built for you in Paphos.
A property-first path
We are developers before we are consultants. We build the villas and apartments that qualify | so your investment holds real, rental-ready value long after paperwork is filed.
Watch Paphos
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Why Cyprus, why now
Live, study and travel across Europe. Cyprus offers visa-free access to 170+ countries.
About Cyprus →Cyprus ranks 1st worldwide for safety among countries under 5 million people.
Living in Cyprus →A modern city wrapped around a protected ancient coastline. International schools 10 minutes away.
Discover Paphos →15% corporate rate, €22,000 tax-free personal band, no inheritance tax, 17-year non-dom status.
Tax guide →British, American, Russian and French international schools. English is the language of business.
Education in Cyprus →The mildest winters in Europe. Swim from April to November. Ski Troodos in February.
Cyprus climate →
The tax advantage
15%
Corporate tax rate
€22,000
Tax-free personal band
0%
Inheritance tax
17 yrs
Non-dom status
No inheritance tax. No wealth tax. Non-dom status for 17 years. Our tax and legal partners walk you through every optimisation before you commit.
Full Cyprus tax guide →Why families choose Paphos
Paphos is where Domenica Group has built for three generations. A protected coastline, international schools within ten minutes, an airport with direct routes across Europe, and a pace of life you settle into within a week.
Why relocate to Paphos →
Benefits of Cyprus Permanent Residency
PR benefits extend to the spouse, dependent children, and parents (with an additional investment of €300,000 + VAT in a separate property).
Applicants may apply for Cypriot citizenship after 7 years, provided they have resided in Cyprus for a total of 5 years, offering long-term security and opportunities.
Residency in Cyprus facilitates travel and business across the European Union, making it easier to live, work, or invest in Europe.
Cyprus offers one of the lowest corporate tax rates in the EU (15%) and a network of double taxation treaties with over 60 countries.
Buyers of their primary and permanent residence may benefit from a reduced 5% VAT rate, subject to certain conditions.
PR holders who qualify as Cyprus tax residents under the Non-Domicile regime may be exempt from the Special Defence Contribution (SDC) on worldwide dividends and interest for up to 17 years.
Children included in the PR application may retain their status after turning 18 if they meet the financial dependence criteria.
Permanent Residency makes it easier for individuals to establish and operate a Cyprus-based company, benefiting from favourable tax and regulatory conditions.
Cyprus provides excellent educational institutions and modern healthcare facilities, ensuring a high standard of living for the whole family.
The property does not need to be fully completed before applying for PR, provided the purchase agreement is in place and payments are made.
Cyprus is widely regarded as one of the safer countries in Europe, with low levels of serious crime.
Permanent Residency Requirements
€300,000 + VAT in new residential or other eligible new-build property in Cyprus. Resale properties do not qualify.
The investment may be split across up to two units, provided both are purchased from the same developer.
All funds used for the investment must originate from abroad.
The main applicant must demonstrate an annual income of at least €50,000, increased by €15,000 for a spouse and €10,000 for each financially dependent child up to age 25.
A minimum of €300,000 + VAT must be paid to the vendor prior to submitting the PR application.
PR holders must visit Cyprus at least once every two years to maintain the permit, unless they reside permanently on the island.
Applicants must provide proof of investment, source of funds, and family relationships as part of the application process.
The program offers a secure long-term pathway for families, with benefits that include tax optimisation, educational opportunities, and the potential for future citizenship.
Qualifying residences
A curated selection from our live portfolio | villas and apartments across Paphos, each meeting the €300,000 investment threshold and built to Domenica Group standards.
Price
€210,000
Thea, derived from the ancient Greek word Θέα meaning 'view,' is a contemporary resort-style residential development set on a natural cliff edge in Tremithousa, Paphos, designed to capture uninterrupted panoramic views of the Mediterranean Sea...
Price
€215,000
Welcome to "La Bella" Coastal Living Redefined. Discover "La Bella", a stunning housing project just 2 kilometers from the sea, where coastal charm meets modern elegance. This exclusive development features three 2-storey buildings, offering a total of 16 luxury apartments. Residents can enjoy a large communal swim...
Price
€225,000
Book a private consultation
One of our property experts personally reviews every enquiry. Within a working day you'll have a private introduction, a shortlist of qualifying residences, and a clear cost breakdown | no obligation.