Non-EU nationals have the option of staying in Cyprus, as visitors, for over 3 months period provided that they have successfully applied for such permit at the Civil Registry and Migration Department of Cyprus. Requirements for Obtaining a Cyprus Work Permit. You may obtain a Residency permit for a period from one up to four years. Before you get the residence permit, you must get an entry visa depending on your purpose of travel, such as a student visa or work visa. Residence permit for Cyprus. The company’s application package consists of a number of corporate documents such as company incorporation, directors’ and ultimate shareholders’ certificates, as well as deposits of funds in banks operating locally. Non EU citizens who legally purchase a property in Cyprus of a value exceeding €300,000.00, are entitled to apply for and receive an immigration permit. They are not allowed to work full-time, and even so, only in certain sectors of employment. The application package for the issue of the Temporary Employment and Residence Permit includes a number of documents such as a clean criminal record, medical insurance certificate, bank guarantee and medical examination results. Note that Denmark, Ireland and the United Kingdom are not part of the EU long-term residency program. Requirements for Obtaining a Cyprus Work Permit. In fact, for permanent residence in Cyprus it is not necessary to obtain a permanent residence permit. See below the procedures for obtaining permanent and temporary residence permits. Resident companies are taxed on their worldwide income at a corporate tax rate of 12.5%. The investment criteria come into play only when you wish to employee non EU personnel for your Cypriot company. by Alex Constantine. Since June 2014 Cyprus accepts a valid Schengen Visa (category C, double or multiple entry) equivalent to its national visa for transit through or intended stay on its territory not exceeding 90 days in any 180-day period. Cyprus Temporary Residence Permit (Pink Slip) usually is issued for the period of 1 year. Once acquired, the right of permanent residence shall be lost only through absence from the Republic of Cyprus for a period exceeding two consecutive years. Non-EU family members of Cyprus citizens or legal residents who have applied for family reunification will get a temporary residence permit upon arrival to Cyprus. Residence Permits . A copy of your passport’s relevant pages: personal information, expiry/issuance date, previous visas. This is also known as the “fast-track” option. This type of permit can be issued for a period of 1 to 4 years (with a limitation of absence period not more than 4 months). Residence permit in Cyprus by buying property. (5%) Create a long-term deposit in a Cypriot bank of €30,000 which will be pledged for at least a five year period. Examination and processing of applications takes around 2-3 months. EU/EEA Nationals: Under the EU principles of freedom of movement, EU/EEA Nationals are free to work in Cyprus without a work / residence permit. Applicants must have in place an Employment Contract with a Cyprus registered international company, providing for an annual salary of over €20,504. The Immigration Permit grants non-EU nationals, as well as their wife/husband and children under 18 years old, the right to permanently reside in the country and travel to Cyprus without immigration entry procedures. (5%) Create a long-term deposit in a Cypriot bank of €30,000 which will be pledged for at least a five year period. Germany (23%), Italy (18%), France (14%), Spain (13%) and the United Kingdom (8%) accounted for three quarters of all valid residence permits granted to non-EU citizens. A Long-Term Residence Permit is granted to non-EU nationals who have resided legally and continuously in Cyprus for a period of at least five years. Cyprus benefits from a European outlook, with a Mediterranean warm relaxed climate. Regulation 6 (2) Permanent Residency Permit grants a Non-EU national the right to permanently reside in Cyprus with no renewal requirements; Lifts traveling restrictions and elaborate visa requirements (i.e. VISA/TEMPORARY RESIDENCE PERMIT REQULATIONS FOR NON-EU STUDENTS . When you apply, the Cypriot immigration authorities will take your fingerprints and picture (your biometrics). Cyprus Permanent Residency. Cyprus offers probably the best conditions in the European Union for this. However, this is just a general outline of the processing times, since they may change slightly depending on your specific case – you may receive it earlier or later. [M61] - Forms for Residence and Employment Permit; Application for Cypriots who wish to repatriate and find a job in Cyprus [M61] - Application for the renewal of temporary resident's permit [M67] - Application for Immigration Permit [Μ71] - Application for the grant of citizenship of the Republic of Cyprus Persons who intend to work as self employed in a profession or science in the Republic, provided that they have academic or professional qualifications for which there is demand in Cyprus. CYPRUS PERMANENT RESIDENCE - RESIDENCE PERMIT - IN 2021 Cyprus Residence Permit - Background Cyprus is a tranquil island strategically located in the heart of Europe but at the crossroads of three continents - Europe, Asia and Africa. TEMPORARY RESIDENCY PERMIT ("PINK SLIP") Non-EU citizens who come to Cyprus for long-term purposes without employment rights, should obtain special temporary permits, commonly referred to as a “Pink Slip”. different names may be used for one concept. You can live on a temporary residence permit. As a foreign national with no blood links to Cyprus, you become eligible to apply for Cypriot citizenship once you have lived in Cyprus for at least seven out of ten years, and: Cyprus Temporary Residence Permit Requirements. The income should derive from sources other than employment in Cyprus, Funds transferred from abroad and deposited in a Bank operating in Cyprus in a 3-year Fixed Deposit Account. Necessary documents required when applying for a … Temporary Residence Permit Application Form, completed and signed. • A Permanent Residence Permit (Immigration Permit) will be granted to non-EU nationals, their spouse, dependent children under 25 as well as any dependent parents of both spouses; this allows permit holders to reside in and travel to Cyprus without having to undergo any immigration entry procedures. Arguably the best fast track residence program in Europe that permits foreigners to acquire an Immigration Permit through real estate investment. What is the Cypriot Residence Permit For Non-EU Citizens? Cyprus has issued the second highest number of first residence permits per 1000 of population at 26%, whilst Greece sits below the EU 7% average at under 5%, according to the latest figures from Eurostat. ... you should submit the following required documents in order to get your Cyprus Residence Permit card. In order to evidence your rights to live, work, study or access benefits in Cyprus after the end of 2020 you need to apply for residency. The dependants of employed non-EU nationals (wife/husband and children under 18 years old) can also obtain Temporary Residence Permits through a separate application submitted under the Family Reunification process. A Temporary Residence Permit (Pink Slip) is for non-EU citizens in Cyprus for long-term a Temporary Residence Permit (Pink Slip) can be issued for 1-4 years The ' Pink Slip ' is a special temporary permit issued for Non-EU citizens who come to Cyprus for long-term purposes. What is the Cypriot Residence Permit For Non-EU Citizens? The number rose by 6% (or 163 000) compared with 2018, continuing the upward trend observed since 2013. In the UK, you must however apply to the EU settlement scheme to be granted a new residence status. There are two types of residence permits for Cyprus: A recommendation for the employment of aliens is made by the Ministry of Labour and Social Insurance after it. The long-term residence permit of the European Union in Cyprus Non-EU citizens can obtain a long-term residence permit if they have lived in Cyprus for five uninterrupted years. If you have been in Cyprus for less than 5 years you should apply for an MEU1 (temporary residency permit). Proof you have the required financial means to sustain yourself in Cyprus, Medical certificate, stating you are negative for Tuberculosis, Hepatitis B and C, HIV/AIDS and syphilis, issued within the past 4 months. Other documents which are related to the reason you want to live in Cyprus, such as: Marriage/birth certificate for family reunion, Proof of enrollment in an educational institution for international students, You must prove you purchased the property with funds acquired outside Cyprus, You must have an annual income of at least €30,000, which you receive from outside sources. Non-EU citizens who had resided legally and continuously in Cyprus for five years before the filing of the application and had for the entire prementioned period valid Cyprus temporary residence card are entitled to apply for the so-called long-term residence permit. Thankfully Cyprus has a number of schemes designed to cater to foreign nationals looking to reside and work in the country. 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