Cyprus Permanent Residency is a legal status that entitles non-EU citizens and qualifying dependents to enter and stay as permanent residents in Cyprus with no limitations. It does not expire; therefore, the holder does not need to renew it. It is also known as a Cyprus immigration permit or unlimited residency.

To obtain a Permanent Residency permit in Cyprus with the fast-track option, the applicant must invest at least €300,000 in real estate. This residency can cover the whole family and does not expire.

A holder of such a permit can apply for Cyprus citizenship after five years of residing in the country.

The legal basis of the permanent residence scheme is Regulation 5 and 6(2) of the Aliens and Immigration Regulations.