Residency in Cyprus for financially independent persons (FIP)

Residency in Cyprus for financially independent persons (FIP)

European residency for high-net-worth individuals and their families, no investment required

  • Cost: from EUR 1,800
  • Processing time: from 3 months
  • Family status: residency for spouse and children
  • Validity period: 1 year, renewable

Unlock your options — consult with an expert today

About the program

Visitor Permit (Pink Slip) — a temporary Cyprus residence permit for financially independent individuals with passive income. The program is regulated by Cyprus immigration law and allows residence in the country without the right to work.

To qualify, applicants must demonstrate a minimum annual income of EUR 9,500 for the main applicant, plus EUR 4,500 for each dependent spouse or child. Proof of rental agreement or property ownership is required. The residence permit is issued for 12 months, renewable annually, and allows inclusion of a spouse and children under 18 in the application.

Advantages of residency in Cyprus

The opportunities that come with Cyprus residency

Residency without investment

Move to the EU with income verification only — no need to purchase property or make investments.

European education for children

Access to international schools with English-language instruction, providing additional opportunities for residents’ children.

Business opportunities

Ability to hold shares in Cypriot companies and receive dividends. Residency status simplifies the management of business assets within an EU jurisdiction.

Get your residence permit guide

Get your residence permit guide

  • Step-by-step process for applicants
  • Detailed requirements and costs
  • Ready-to-use strategy for obtaining a residence permit
  • Updated 2025 program
Get the guide

Who is eligible for residency

  • Wealthy retirees
  • Passive income investors
  • Families with children
  • Income from intellectual property
Wealthy retirees

Wealthy retirees

An ideal solution for individuals with a pension or passive income seeking a comfortable lifestyle. The program allows you to enjoy Cyprus’s pleasant climate and high quality of life.

Passive income investors

Passive income investors

Suitable for holders of dividends, interest from deposits, or rental income of at least EUR 9,500 per year. This level of income can be easily documented to obtain residency status.
Families with children

Families with children

Provides access to quality education and a safe environment for the whole family. International schools in Cyprus offer high-level instruction, ideal for residents’ children.

Income from intellectual property

Income from intellectual property

Designed for authors, artists, and inventors earning royalties or copyright fees of at least EUR 9,500 per year. Cyprus offers stable infrastructure for remote work and comfortable living.

Cyprus residence permit for the financially independent with Mirsatori full legal support

Cyprus residence permit for the financially independent with Mirsatori full legal support

  • Minimum financial requirements for the applicant
  • Residence permit without the obligation to run a business in Cyprus
  • Family residence in Cyprus, including spouse and children
  • Favorable tax system for tax residents

Unlock your options — consult with an expert today

Requirements for applicants

Step-by-step plan for obtaining residency

Step-by-step plan for obtaining residency

Comparative analysis of Cyprus residency and other programs

Category
Cyprus Cyprus
France France
Spain Spain
Validity period
1 year
1 year
1 year
Processing time
from 3 months
from 1 month
from 4 months
Option to renew remotely
no
yes
no
Minimum monthly passive income
EUR 800
EUR 1,802
EUR 2,400
Family eligibility
yes
yes
yes

Get a personalized strategy for obtaining Cyprus residency

A Mirsatori specialist will create a personalized residency application plan for you, providing a detailed step-by-step analysis that considers your family composition, verified foreign income, and all related expenses.

Get your strategy
Investment plan

Your path to Cyprus citizenship

Your path to Cyprus citizenship

Residency

Temporary residency is granted for one year with the right to annual renewal. The status allows comfortable living in Cyprus without the right to employment.

Permanent residency

After five years of continuous residence in the country, one can obtain permanent residency status, providing greater stability and freedom to live within the EU.

Citizenship

After seven years of residence in Cyprus, it is possible to apply for citizenship. Acquiring Cypriot citizenship grants full rights of an EU citizen, including freedom of movement.

Alternative residency pathways for the FIP

Country Cost Processing time Benefits
France France
Cost EUR 4,900
Processing time from 1 month
Benefits
  • Fast-track application process
  • No language requirement
  • Pathway to permanent residency
Learn more
Spain Spain
Cost EUR 3,000
Processing time from 4 months
Benefits
  • No language requirement
  • 1-year residency with option to extend
  • Pathway to Spanish citizenship
Learn more
See all programs

FAQ

Get expert guidance on your case
Schedule a meeting with our specialists, in-office or online, and receive a tailored case analysis, a clear cost estimate, and the best solution to achieve your goals.

Fill out the form to schedule a meeting in the office or online

×
Prefer messengers?
Mirsatori
Homepage Telegram WhatsApp Call now
  • Citizenship
  • Residence permit
  • Corporate services
  • About us