Immigration options to Cyprus for Non-EU residents
Allocated in the eastern Mediterranean Sea at the crossroad of Europe, Africa, and Asia, Cyprus is considered one of the largest international business and shipping centres for Europe, Russia, and the Middle East.
Its joining to the European Union makes Cyprus a safe environment for living and investments. Warm environments conditions, developed socioeconomic infrastructure, stress-free lifestyle, and low crime rate, make Cyprus is the perfect place to enjoy life.
There are a few immigration options for Non-EU individuals that allow them to stay legally in Cyprus. In order to acquire any of the below presented Permits, Non-EU nationals must adhere certain conditions.
In Comparative Table you can familiarize and choose the most suitable option for you.
|Work Permit||Visitor Permit||Permanent Residence Permit- Category F|
For a foreign interests Cyprus company planning to employ non E.U. nationals.
The company should operate from their self-contained offices in Cyprus, which should be located in suitable distinct premises.
The company shareholder should inject €200.000 into the company’s bank account.
For applicant who is planning to reside in Cyprus without being engaged in any business in Cyprus.
They should prove income from abroad.
The applicant is not allowed to have a Cyprus company.
For applicant who is planning to reside in Cyprus without being engaged in any business in Cyprus. They should prove income from abroad.
The applicant is not allowed to have a Cyprus company. The accelerated procedure for the Permanent Residence Permit (PRP) applies to third country nationals and their family members who wish to have the option to permanently reside in Cyprus and even be able to apply for a Cyprus passport based on the years of stay.
|Employment||Work under a CY company of foreign interests||Non applicable||Non applicable|
|Salary / Income||Minimum Gross Salary €2500|
Annual income from abroad €24.000 for the main applicant plus 20% for spouse and 15% for each child
Proof of stable or adequate income deriving from sources other than employment in Cyprus (i.e. pension, bank account’s statement, interest from deposits, dividends, salary from abroad etc)
A steady annual income of at least €50.000. This amount is increased by €10.000 for each underage child, or a financially dependent child up to 25 years old, and by €15.000 for the applicant’s spouse.
Annual proof of stable or adequate income deriving from the following sources: salaries, pensions, stock shares, and rents.
Disposal of an investment without its immediate replacement shall result in the cancellation of the Permanent Residence Permit.
|Validity||2 years renewable every 2 years as long as the employee maintain his/her job.||1 year renewable||For a lifetime|
|Maximum employees/ digital nomads||There is no maximum cap to the third country national employees that a company may employ.||——–||——–|
|When can someone apply||Depending on the country of origin they can apply for entry permit and then for the work permit or they can enter with visitor/Schengen visa and then apply for the work permit||The applicant should enter with visitor/Schengen visa and then apply. CY bank account is necessary.|
We can apply on behalf of the applicant while abroad. We will need signed documents certified by the CY embassy. If the applicant is in Cyprus we will certify the documents by a certifying officer in Cyprus
|Personal Documentation (non-exhaustive list)|
Original letter of guarantee issued by a bank or cooperative institution in Cyprus with validity of 10 years covering possible repatriation expenses. The amount depends on the country of origin.
Original Certificate of Criminal Record from the country of origin (if the applicant resides in a country other than the country of origin, the certificate should be issued from the country of residence).
|Notes||The work permit residency is not expected to stop.||The visitor permit residency is not expected to stop.|
The applications have not been reviewed and approved as of 2019, therefore we cannot provide timeframe as to when the application is going to be reviewed.
The applicant will not have the right to reside in Cyprus until the application has been approved, therefore usually the applicants will have to apply for visitor permit as well.