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As several European countries tighten or scrap their so-called “golden visa” schemes, Cyprus is emerging as one of the most stable and accessible options for investors seeking residency within the EU.
These programmes, once widely used as a fast track to European residency through property or financial investment, are undergoing significant changes. Rising property prices, shifting regulations and broader geopolitical uncertainty are prompting many individuals and families to reconsider where and how they secure long-term residency rights.
At the same time, the cost of housing in countries like the UK has climbed sharply, with average prices now exceeding €340,000. This has made alternative destinations offering residency for similar, or even lower, investment levels increasingly attractive.
A changing European picture
In recent years, several countries have scaled back their golden visa offerings. Spain, for example, closed its real estate-based route in 2025, reflecting growing concern across the EU about housing pressures and foreign investment impacts.
Despite these restrictions, a handful of countries still provide relatively accessible entry points. Among them are Hungary, Greece, Italy, Portugal, and notably, Cyprus.
Experts say motivations have also evolved. Rather than simply buying a holiday home, investors are now seeking flexibility, security and a contingency plan in an unpredictable global environment.
Why Cyprus stands out
Cyprus continues to attract strong interest thanks to a combination of legal transparency, lifestyle appeal and relatively straightforward requirements.
Under the country’s Permanent Residence Programme, non-EU nationals can secure residency with a minimum investment of €300,000. This can be directed into property, local businesses or investment funds.
Unlike some competing schemes, Cyprus offers permanent residency from the outset rather than a temporary permit. The programme also extends to immediate family members, including spouses and dependent children up to the age of 25.
Applicants must demonstrate a stable income from abroad, starting at €50,000 per year, with higher thresholds for families—and maintain a clean criminal record. A physical presence in Cyprus is only required once every two years, making it a practical option for those not planning to relocate full-time.
After seven years of legal residence, investors may apply for citizenship, provided they meet the relevant criteria.
One of Cyprus’s key advantages lies in its legal framework, which is based on common law. This system, combined with a well-established land registry, offers a level of clarity and protection that can be less consistent in other Mediterranean markets.
In addition, the island’s tax structure, particularly its non-domicile regime, can provide significant financial benefits, while its climate and lifestyle remain major draws.
How Cyprus compares
Elsewhere in Europe, golden visa options still exist but often come with different conditions.
- Hungary offers one of the lowest entry points at €250,000 through investment funds, with no minimum stay requirement.
- Greece has increased thresholds in prime areas, although some €250,000 routes remain for property conversions or restorations.
- Italy’s programme focuses on business and innovation investments, starting from €250,000.
- Portugal has shifted away from property-based visas entirely, favouring cultural donations or fund investments instead.
While some of these schemes appear cheaper on paper, additional costs and administrative complexity can vary significantly between countries.
Key considerations for investors
Anyone considering a golden visa in 2026 should look beyond the headline investment figure.
Additional expenses, such as taxes, legal fees and insurance, can substantially increase the total cost. It is also crucial to understand the distinction between residency and tax residency, as extended stays in a country may trigger wider tax obligations.
Another important factor is policy stability. With regulations continuing to evolve across Europe, ensuring that residency rights are protected under current rules is essential before committing funds.
