Real estate, government bonds, and investment funds are all valid investment options under the Cyprus Golden Visa program, each with its own requirements and potential benefits. There is not one definitive "better" option as it depends on you aa an individual under your financial situation, risk tolerance, and long-term goals. With real estate, the minimum investment is approximately €300,000 + VAT (unless this has changed) for a new residential property or a new or resale commercial property. You can purchase up to two properties to meet this threshold; please check with the authorities, as this requirement may have also changed. The benefits of tangible assets are the potential for capital appreciation and rental income. Cyprus has seen property sales increase, indicating a stable and thriving market post the economic collapse 2012-13. Government Bonds/Funds: The minimum investment is approximately €300,000 invested in the share capital of a Cyprus-based company or in units of a Cyprus investment fund. The potential benefits can be a more passive investment compared to real estate. Investing in funds offers diversification. The returns depend on the performance of the company or the fund. The value can fluctuate. Based on the information available, it is unlikely that you can switch from a real estate investment to government bonds or funds within the same Cyprus Golden Visa application process. The application is tied to the specific investment you initially made. You should most certainly speak to a specialist on the island to get proper advice with regards to withdraw your current application. If your real estate investment does not meet your expectations (e.g., lower than anticipated rental income, slower capital appreciation), your residency status is generally not immediately affected, as long as you initially fulfilled the investment requirement of €300,000. However, to maintain your permanent residency, you typically need to maintain the investment. If you sell the property without replacing it with another qualifying investment of the same or higher value, your residency permit could be at risk upon renewal. Yes, you can generally resell the house after a certain period. If your goal is solely permanent residency, you would likely need to maintain a qualifying investment of at least €300,000 in another property or another eligible investment type to renew your residency permit. If you eventually obtain Cypriot citizenship (which is possible after several years of residency), you would typically be free to sell your property without affecting your citizenship status. Once again, please speak with a legal and authorised firm on the island to provide you with precise and exact information.
