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Cyprus Permanent Residence compared with Turkey citizenship by investment

One route gives you indefinite residency on an island inside the European Union. The other grants a passport outside the bloc within roughly a year. The right pick depends on whether you want a base or a passport.

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Reference
Official authorityCivil Registry and Migration Department, Republic of Cyprus
ProgrammeCyprus Permanent Residence
Information current as ofJune 2026
Official source →

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

Written by Morten Andersen and reviewed by Fredrik Filipsson of the Passports for Kings editorial team. Last reviewed 22 June 2026.

At a glance

Cyprus offers permanent residency inside the EU. Turkey offers citizenship outside it, faster. The table lines them up.

Cost

Cyprus grants permanent residency for a qualifying investment of at least 300,000 euros, before tax, in real estate, units of Cypriot investment funds, or shares of a Cypriot company, with a proven annual income requirement on top, often quoted from 50,000 euros and rising with family size. Turkey grants citizenship from a real estate purchase of at least 400,000 US dollars, or 500,000 US dollars in other approved assets, held for a set period. Confirm the current thresholds and income rules with each official authority.

Timeline

Cyprus reports that the investment route can conclude within several months for a complete application, after which the permit is indefinite, subject to a visit to Cyprus at least once every two years. Turkey often decides citizenship within several months of the property purchase, with no residence requirement. Confirm current processing times with each authority.

Passport reach

Cyprus is a European Union member, but this programme grants residency, not a passport, so EU free movement is limited to what a residence permit allows. Citizenship in Cyprus is a separate, much longer naturalisation path. Turkey is outside the EU, and its passport carries its own travel network. Verify current access with the official authority.

Who each suits

Cyprus suits someone who wants a secure, indefinite European base with a low presence requirement and is not in a hurry for a passport. Turkey suits someone who wants a second passport quickly and does not need EU citizenship. Budget currency, speed and whether you want EU access usually decide it.

ItemCyprus Permanent ResidenceTurkey Citizenship by Investment
OutcomePermanent residencyCitizenship directly
Indicative entryFrom 300,000 euros plus income requirementFrom 400,000 US dollars in real estate
SpeedSeveral months, then indefinite permitOften within about a year
EU statusEU member, residency onlyOutside the EU
Official authorityCivil Registry and Migration DepartmentDirectorate General of Migration Management, Republic of Turkey

Figures are indicative and current as of June 2026. Civil Registry and Migration Department, Republic of Cyprus publishes the binding detail. Verify before you act.

Common questions

Does Cyprus residency lead to an EU passport?

Not directly. The programme grants permanent residency. Cypriot citizenship is a separate naturalisation route that generally requires many years of legal residence. Confirm with the Civil Registry and Migration Department.

Is the Turkish route faster than Cyprus?

Turkey grants citizenship directly and is generally quick once a qualifying purchase completes. Cyprus grants residency, with citizenship only much later. Confirm timelines with each authority.

Do I have to live in Cyprus?

The permit is indefinite, but research indicates you must visit Cyprus at least once every two years to keep it. Confirm the current rule with the official authority.

Information, not advice. Figures are indicative and current as of June 2026. Always confirm the present rules with the official program authority and a licensed professional before you act.

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