Cyprus Property & Residency, Answered

Yes — under Regulation 6(2), a new residential property of €300,000 + VAT qualifies the main applicant, subject to the €50,000/year income-from-abroad requirement and other conditions. The permit covers spouse and eligible dependent children; parents are no longer included since the 2023 revision. Final eligibility is always confirmed by a licensed immigration lawyer.

No. There is no full-time residence requirement — visiting Cyprus once every two years keeps the permit valid. You must retain the qualifying property and continue to meet the income requirement.

Yes. A notarised Power of Attorney lets your independent Cyprus lawyer sign the contract, file it at the Land Registry and handle the entire process. We support video viewings, live site calls and staged photo/video reporting throughout construction.

For new builds: 19% VAT (a 5% reduced rate exists only for genuine primary residence within strict caps), stamp duty ~0.15–0.20% capped at €20,000, legal fees ~0.5–1%, small registry fees. No annual property tax since 2017. See our full cost breakdown guide.

Typically around 2–6 months from filing, depending on the authority’s workload and document completeness. We prepare and review the full file with your lawyer before submission.

Not automatically. Citizenship requires actually residing in Cyprus for the legally required period (around 7 years under current rules). Families seeking a passport should plan real relocation; PR is best understood as a permanent European status, not a passport shortcut.

The school belt around Agios Athanasios and the Exit 26 corridor concentrates Foley’s, The Grammar School and other private schools. Living there cuts daily commute time and benefits from the city’s most durable rental demand — education-driven tenancies.

A new, well-located 2-bedroom typically rents for roughly €1,300–€1,900/month — a gross yield around 3.5–5.5%, landing near 2.5–3% net after fees, management and tax. Ask us for comparable rents on any unit.

Yes. Ousai has teams in Limassol, Beijing and Shanghai — full bilingual service in Chinese and English covering viewings, legal coordination, PR filing, furnishing and rental management.

Furniture packages, utility setup, tenant sourcing and ongoing rental management, plus support for PR document renewals. Our Limassol office remains your local point of contact after completion.