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This page records the Regulation 6(2) policy after the 2021 amendments and explains the current 2026 position. The old EUR 30,000 three-year bank-deposit condition was abolished and must not be used in a new application.

Written by Gregoris Philippou, Managing Partner
Cyprus Bar Association (since 2013)
This page records the Regulation 6(2) policy after the 2021 amendments and explains the current 2026 position. The old EUR 30,000 three-year bank-deposit condition was abolished and must not be used in a new application.
The expedited policy requires at least EUR 300,000, excluding VAT where applicable, in one of four categories:
The documents, payment evidence and permitted income sources differ by category. The current Migration Department policy controls, not a historic announcement.
The current secured annual income baseline is EUR 50,000 for the main applicant, increased by EUR 15,000 for a spouse and EUR 10,000 for each dependent child. For first-sale residential investment the qualifying income must come from abroad; the current policy permits a broader income source for the other categories. Source-of-funds, criminal-record, insurance and family evidence also apply.
The applicant and spouse generally confirm that they do not intend to undertake employment in Cyprus. Limited company-role rules depend on the investment category: an investment in company share capital can support employment as directors of that company; for other categories, the current policy permits shareholding and an unpaid directorship. These are not general employment rights.
The immigration status is of unlimited duration while its conditions remain satisfied. The residence card is issued for ten years and replaced on expiry. Remaining outside Cyprus for two years can terminate the permit. The qualifying investment and periodic compliance evidence must be maintained under the current policy.
The policy states an estimated examination period of about two months for a complete application. That is not an approval guarantee or an end-to-end promise. Permanent residence does not buy citizenship. Any later M127 naturalisation application must independently satisfy the statutory physical-residence periods, permitted absences, language, knowledge, character, resources and other conditions.
We can test the proposed investment, income source, family structure and company role against the live policy before funds are committed.
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Managing Partner
Managing Partner with a distinguished career in corporate and commercial law, trust law, tax law, property law, litigation, and immigration law. First-Class LL.B. from the University of Leicester and LL.M. from the University of Cambridge.
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Cyprus Regulation 6(2) is an expedited permanent-residence policy for qualifying third-country investors. It grants an immigration permit, not EU citizenship, and every investment, income, family and maintenance condition must be proved independently.

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The Cyprus visitor Pink Slip and Regulation 6(2) investor permanent residence solve different problems. One is temporary residence without economic activity; the other is an investment-based immigration permit with ongoing investment and monitoring conditions…
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