Index | Ranking | Score |
|---|---|---|
Overall Ranking
| 18th | 89.9 |
Procedure Index
| 46th | 50.0 |
Citizenship and Mobility Index
| 5th | 98.9 |
Quality of Life Index
| 17th | 75.9 |
Tax Optimization Index
| 21st | 72.4 |
Costs and Invest Index
| 4th | 98.5 |
Category | Details |
|---|---|
Legal Provision
| Category F Residence Permit — Category F permanent residence permit under Regulation 5 of the Aliens & Immigration Regulations; issued by the CRMD (form M.67). |
Region
| Europe |
Income Requirements
| €797/mo (€9,568/yr official minimum) and €4,613.22 per dependent. Qualifying income: Pensions, rental, dividends, savings. |
Processing Time
| 18-36 months |
Family Member Inclusion
| Spouse + 18 minor children on the same application |
Tax Benefits
| Worldwide taxation; income tax 0%–35%. Wealth tax: None. Inheritance tax: None. Retiree benefits: 5% Flat Rate for foreing income and pensions: The first €5,000 is 100% tax-free, and anything above that is taxed at a low, flat 5%.Standard Scale: Taxed using progressive brackets. This results in 0% tax if your total worldwide personal income is below €22,000.17-Year “Non-Dom” Status: Foreign retirees qualify for Non-Domiciled status, meaning you pay 0% tax on international dividends, bank interest, and capital gains (from selling stocks/bonds) for your first 17 years.Inheritance & Lump Sums: Cyprus charges 0% inheritance tax and 0% tax on cash lump sums drawn from foreign pension fund commencements. |
Path to Citizenship
| 7 years. Time spent on this visa counts toward the residency requirement for naturalisation. |
Dual Citizenship
| Allowed |
