Melrose Villas News | Buy a Villa and Gain EU Citizenship

Published:

16.06.2025

source:

Melrose villas

Step-by-Step Guide to Buying a Villa in Cyprus and Gaining Citizenship

Dreaming of owning a villa in the Mediterranean while enjoying the benefits of EU citizenship? Cyprus offers a unique opportunity to invest in premium real estate and secure a powerful second passport. With professional support, the process is not only transparent but also rewarding. Here’s how it works.

Requirements for Investors
Citizenship by investment in Cyprus was previously an option through which foreign investors could possibly obtain citizenship by investing in high-end real estate. The original program has been amended, but residency with the possibility of citizenship can be obtained under certain provisions.
Cyprus has a fast-track permanent residency program in place today that is one of the most attractive in Europe. It has no physical presence requirements for the renewal of residency, unlike others, making it highly convenient for foreign investors. To keep an active residency, though, some attachment to the island is required, e.g., visit at least once per two-year cycle.

Minimum Investment Threshold
To be eligible for Cyprus Permanent Residency (an important stepping stone to eventual citizenship), an investor has to acquire residential property with a minimum price of €300,000 (including VAT). It has to be new and acquired from a developer.
The investment should be made in two properties (e.g., apartments) if they are qualified together and under the same developer. The purchaser should also place at least €30,000 into a Cypriot bank account for a minimum of three years. This is a financial cost that acts to demonstrate economic stability, as well as attachment to the nation.

In addition to the property investment, the buyer must demonstrate secure income from abroad and a clean criminal record
The level of income required must be from legal foreign sources in Cyprus and typically between €30,000 for the main applicant and higher for any dependents. This is to ensure the main applicant will have sufficient to maintain their lifestyle within Cyprus without exerting excessive pressure upon the local economy. Salary, pensions, dividend, or rents are acceptable sources of income. Official translation and apostille where documents were not initially issued within the EU are necessary for all income documents.

Timelines and Documentation
Processing of permanent residency typically happens 2–3 months following the submission of all documents. Citizenship is also a possibility in the future, 5–7 years after residency, depending on the applicant's status and fulfillment of residency requirements.
The candidates must be present in Cyprus for the majority of each year before naturalization. Whereas permanent residency is relaxed, citizenship application requires the presence of a more active presence of life, such as tax residency and citizenship integration. For faster results, the services of local consultants such as Melrose can make paperwork more efficient and cut down on delays.

Real Estate Purchasing Process
Finding the Ideal Property with Melrose
Discovering the right villa is important. Melrose specializes in Cyprus's prime locations—Limassol, Paphos, and Larnaca—seafront luxury villas with private pools and security gates. Our specialists help you screen properties on your goals—whether you need rental returns, family home, or long-term value.
Legal Search, Due Diligence, and Registration
Once the property is chosen, Melrose negotiates a smooth transaction. Due diligence is conducted by a qualified attorney: title deed check, no encumbrances confirmation, and developer credentials verification. The sales agreement is subsequently registered with the Land Registry and payments made through secure means.
Where necessary, our staff follows through with the permanent residence application process with legal professionals and government authorities to handle all paperwork.

Advantages of Cypriot Citizenship

Freedom of Movement and EU Benefits
After obtaining it, Cypriot citizenship allows visa-free travel to over 170 countries, full EU mobility, and access to healthcare, education, and business in the European Union.

Cost of Including Family and Inter-generational Security
Your investment doesn't only protect you, but your spouse and dependent children too. It's a legacy tool — unsealing European rights, lifestyle, and education for generations to come.

Work with Melrose for Peace of Mind
Buying a villa in Cyprus is not just an investment in real estate — it's an investment in lifestyle enhancement and global investment. With Melrose, you're entitled to verified listings, assistance from solicitors, and expert advice at each step.

Make your way through our carefully selected portfolio and embark on your path to living in Europe today.