Cyprus to revise "golden visa" program ahead of Schengen accession
Simultaneously, authorities are auditing roughly 12,000 previously issued permanent residency permits to ensure their holders still meet the program's requirements. Redirecting investments toward education, defense, and innovation is also under discussion.
Members of parliament also pointed out that current program conditions are increasing pressure on the real estate market, which could serve as another reason to tighten rules in the future.
Posted at:
25/09/2026, 07:29