Non-EU nationals can be employed by a Cyprus registered international company, as long as more than 50 percent of its shareholders are foreign nationals. In the UK, you must however apply to the EU settlement scheme to be granted a new residence status. Non-EU nationals wishing to reside permanently in Cyprus can do so by applying for an Immigration Permit on the basis of one of the Categories mentioned below. A Pink Slip can be easily renewed for another term. Cyprus benefits from a European outlook, with a Mediterranean warm relaxed climate. Resident companies are taxed on their worldwide income at a corporate tax rate of 12.5%. These Permits are usually issued for a period of 1-2 years but become void if the holder is out of Cyprus for more than three continuous months. 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. The investment criteria come into play only when you wish to employee non EU personnel for your Cypriot company. 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. These Permits are issued for one year and can be renewed upon expiry. Arguably the best fast track residence program in Europe that permits foreigners to acquire an Immigration Permit through real estate investment. 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. However, while you are living in Cyprus with a temporary Cyprus residence permit, you cannot leave the country for longer than 3 months since your permit would be automatically cancelled. Foreign citizens may make an application to obtain an Immigration Permit on the basis of one of the Categories referred to in Regulation 5 … Applicants must have: Applications are reviewed by the Civil Registry and Migration Department and the Minister of Interior grants final approval. If you have been in Cyprus for over 5 years you should apply for an MEU3 (permanent residency). 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. You do not need to have a work or residence permit to start working and you do not have to undergo the usual application procedure for a residence permit (in other words, your application is not at risk of being rejected). These permits are granted on the basis of the following requirements. This includes non‑EU family members. The applicants should also have available suitable accommodation for themselves and their dependants. It will also enable tourists and visitors to extend their stay no matter what was the duration of their initial visa. If you have been in Cyprus for less than 5 years you should apply for an MEU1 (temporary residency permit). Permanent Residence Permit. ... you should submit the following required documents in order to get your Cyprus Residence Permit card. In the EU, check with your host country’s authorities as soon as possible if it is mandatory to apply for a new residence status. IPC EU MIGRATION SERVICES, a subsidiary of IPC International Group (IPC), specialize in offering Investments for non-EU Nationals including, EU Permanent Residency Permits and Immediate EU Citizenship Programs in Cyprus, Greece, Spain, Portugal, United Kingdom and Other Countries. B. According to Regulation 6(2) of the Aliens and Immigration Regulations, as amended, non-EU nationals are entitled to a Category F Immigration Permit (Permanent Residence Permit) provided that the following criteria are fulfilled: Residence permit for Cyprus. Cyprus residence and work permit applications for EU citizens. If the application is not approved, they will inform you of the reason. Note that Denmark, Ireland and the United Kingdom are not part of the EU long-term residency program. As such, if you are an EU or EFTA citizen and want to stay in Cyprus longer than 90 days, you have to simply register your stay at the Civil Registry and Migration Department and get a Registration Certificate (also known as a Yellow Slip). Temporary Residence Permit: For applying for this type of residence permit the applicant shall need to have an account in the Cyprus bank and purchase-sale contract of real estate in the Republic. VISA/TEMPORARY RESIDENCE PERMIT REQULATIONS FOR NON-EU STUDENTS . They should have adequate income from employment or/and other sources to support themselves and their dependants. The most popular of these is the Cypriot Residence Permit for Non-EU Citizens. VISA/TEMPORARY RESIDENCE PERMIT REQULATIONS FOR NON-EU STUDENTS . Cyprus Temporary Residence Permit (Pink Slip) usually is issued for the period of 1 year. If you have been in Cyprus for over 5 years you should apply for an MEU3 (permanent residency). EU nationals: right of residency our lawyer arranges the permanent residency permit, for non EU residents. Non-EU nationals wishing to reside and work in Cyprus need to apply to the Civil Registry and Migration Department for a Temporary Employment and Residence Permit. According to the law, a non-resident of Cyprus, who owns property in Cyprus has the right for a residence permit. As a general rule the Cyprus Immigration Authority does not grant a Cyprus work permit to third country citizens ( i.e. The EU long-term residence permit is a permanent residence title to live in an EU member country. In the UK, you must however apply to the EU settlement scheme to be granted a new residence status. This includes non‑EU family members. Persons who have fully and freely at their disposal a secure and regular annual income, which is high enough to provide a decent living in Cyprus without having to engage in any business, trade or profession. Examination and processing of applications takes around six months. At the end of 2017, there were 20.3 million valid residence permits granted to non-EU citizens permitting them to reside in one of the European Union (EU) Member States. The Permanent Residency Card for non-EU family members is valid for 5 years and can be extended. You must apply for a Cyprus Temporary Residence Permit within seven days of arriving in Cyprus at: If you are applying for a Cyprus Permanent Residence Permit or an Immgration Permit, you must apply at a central office of the Civil Registry and Migration Department. 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. In order to obtain a residence permit, you should only fill out an application form at the Immigration Service. 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. You have to get the visa in your country of residence and after arriving in Cyprus, apply for the residence permit. Foreign students who come to Cyprus on a Study Visa have to register their stay and get a temporary residence permit upon arrival. Cyprus Residence Permits for EU/EFTA nationals. For non-EU citizens however, moving to an EU nation can be a more difficult prospect. Retirement Visa. 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. 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. This need means there are … (5%) Create a long-term deposit in a Cypriot bank of €30,000 which will be pledged for at least a five year period. Residence permits for Cyprus [M61] - Forms for General Employment residence permit [M61] - Forms for Domestic Worker's Residence entry and working permit [M61] - Application for the renewal of temporary resident's permit; Forms for residence permit of third country national married with Cypriot 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. Necessary documents required when applying for a … Employment by companies owned by Cyprus or other EU nationals is subject to very restrictive regulations. It does not expire; therefore, the holder does not need to renew it. 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. It is issued in one of the following cases: If you have lived in Cyprus with a Temporary Residence Permit for at least 5 years, during which time you did not leave Cyprus for longer than three months. This permit is based on the level of foreign income available to support this person and can include pensions and income from investments. Does Cyprus law allow wills to be signed…. In order to obtain a retirement permit in Cyprus, you’ll need to apply for a Category F form of residency, according to the Regulation 5 of the Aliens and Immigration Regulations.This temporary residency is offered to non-EU citizens who have enough accessible income or capital to provide a decent living in Cyprus without having to work overseas in the country. Any foreign national who wants to live in Cyprus has to obtain a Cyprus residence permit. Capital Gains derived from the sales of shares are tax-exempt, those from immovable property may be taxed at a 20% rate. Real estate investors can obtain permanent residency in Cyprus upon meeting specific requirements. Dividends received are usually not subject to taxation. Employment by companies owned by Cyprus or other EU nationals is subject to very restrictive regulations. The application pack must be submitted to the Civil Registry and Migration Department. They can be renewed upon expiry. This application is submitted concurrently with that for the issue of a Temporary Employment and Residence Permit to the first non-EU national employee. Possession of adequate funds is also necessary. Certificate of police clearance, issued from your country of residence within the past six months. A Long-Term Residence Permit has a five-year duration and is renewable. EU Nationals from member states have the right to enter Cyprus by simply showing a valid EU passport or ID card without having to register upon arrival. You can live on a temporary residence permit. Examination and processing of applications takes around 2-3 months. Applications are reviewed by the Immigration Control Board and the Minister of the Interior grants final approval. Work and residence for Non EU investors in Cyprus. Cyprus is a very welcoming destination for foreign investors but for natural persons as well. The most popular of these is the Cypriot Residence Permit for Non-EU Citizens. 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. Non-EU family members such as a spouse and unmarried children under 18 years old can obtain a Resident Permit upon providing documentary evidence of the family relationship (e.g. There are no restrictions for the EU citizens. See below the procedures for obtaining permanent and temporary residence permits. 3. different names may be used for one concept. 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. We provide residence permit for non-EU. 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. This Permit is granted for an indefinite duration to non-EU nationals who comply with the requirements of applying under each Category. In fact, for permanent residence in Cyprus it is not necessary to obtain a permanent residence permit. citizen, but have purchased property in Cyprus and are retiring in Cyprus, they must apply for a residents permit. They may renew their temporary residence permit for the duration of their studies. 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. Dependents who are eligible to be included under this program: Spouse. 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. In order for you to be entitled to such a temporary residence visit, you need to fall into one of the following two categories: Application for issue of Registration certificate of Union citizen and his/her family members also EU citizens - MEU 1A ; Application for issue of Residence card for non-EU citizens family members of Union citizen - MEU 2A As a general rule the Cyprus Immigration Authority does not grant a Cyprus work permit to third country citizens ( i.e. 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. [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 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. Cyprus offers probably the best conditions in the European Union for this. Permanent Residency for EU citizens. Cyprus Residence Permit by Investment for non EU Cyprus offers an accelerated procedure for the granting of Cyprus Permanent Residence Permits through investment, thus making Cyprus as an ideal destination or non-EU nationals wishing to acquire a permanent residence in a European country. Residence permit in Cyprus by buying property Main requirements needed to gain Permanent Residence Permit in Cyprus within 3 months: Purchase a Cyprus property worth over €300,000 +V.A.T. There are two types of residence permits for Cyprus: Non-EU citizens must maintain a Cypriot residence permit for at least six months before being naturalized. Applicants should be able to present an employment contract of at least 18 months’ duration. 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. An expedited procedure which complements Category F enables the granting of an Immigration Permit to non-EU nationals who invest in Cyprus. Residence permit in Cyprus by buying property. Residence Permits . Residence permits for Cyprus [M61] - Forms for General Employment residence permit [M61] - Forms for Domestic Worker's Residence entry and working permit [M61] - Application for the renewal of temporary resident's permit; Forms for residence permit of third country national married with Cypriot During 2017, Cyprus granted residence permits to 18,291 non-EU citizens (also referred to as third country nationals) from: India – 4,710 (24.8%) Cyprus Residence Permit by Investment for non EU Cyprus offers an accelerated procedure for the granting of Cyprus Permanent Residence Permits through investment, thus making Cyprus as an ideal destination or non-EU nationals wishing to acquire a permanent residence in a European country. Employment by companies owned by Cyprus or other EU nationals is subject to very restrictive regulations. These Permits are usually issued for a period of 1-2 years but become void if the holder is out of Cyprus for more than three continuous months. There are no restrictions for the EU citizens. (5%) Create a long-term deposit in a Cypriot bank of €30,000 which will be pledged for at least a five year period. The incredible diversity and endless opportunities have attracted people for centuries. The Cyprus residence permit is what allows foreigners to legally live in Cyprus for longer than three months. If the Cyprus registered international company shall employ a non-EU national for the first time, it must submit an application to become eligible to employ non-EU nationals. The Cyprus Permanent Residency Program enables non-EU nationals to obtain a Cyprus Residence Permit, with unlimited duration, within 60 days. According to Regulation 6(2) of the Aliens and Immigration Regulations, as amended, non-EU nationals are entitled to a Category F Immigration Permit (Permanent Residence Permit) provided that the following criteria are fulfilled: Non-EU citizens, who come to Cyprus for long-term purposes, may apply for a Cyprus Temporary Residence Permit, commonly referred to as “Pink Slip”. The holder has access to employment in all international and local companies, and has the right to change employer. To apply for a Temporary Cyprus Residence Permit, you must submit the following documents: The Permanent Residence Permit for Cyprus is valid for up to five years, and can be renewed before it expires. 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. 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. The Cyprus residence permit is what allows foreigners to legally live in Cyprus for longer than three months. Non-EU nationals wishing to reside and work in Cyprus need to apply to the Civil Registry and Migration Department for a Temporary Employment and Residence Permit. On corporate taxation, Cyprus has one of the lowest tax rates in the European Union. The application package for the issue of an Immigration Permit under Procedure 6(2), includes (and is not limited to) a number of documents such as title deed or purchase agreement for residential property and receipts of payments, evidence of a secure annual income and bank certificates for deposits etc. You have to get the visa in your country of residence and after arriving in Cyprus, apply for the residence permit. 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. When you apply, the Cypriot immigration authorities will take your fingerprints and picture (your biometrics). EU citizens who wish to acquire a second Cyprus passport should hold a valid Schengen Visa (Not applicable to Non-EU nationals). Permanent residence permit in Russian is often called permanent residence permit or permanent residence permit in Cyprus, i.e. Every foreign national who comes to Cyprus to work has to get a residence permit upon arrival. For those foreigners who are not E.U. 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. The Immigration Permit continues to be valid provided that the holder visits Cyprus at least once every two years. They should apply before their current visa expires. Cyprus residence visa. Requirements for Obtaining a Cyprus Work Permit. Non-EU nationals may have the right to work in an EU country or the right to be treated equally with EU nationals as regards conditions of work. For dependent parents, either yours or your spouse’s, you must have an additional €8,000 per year for each of them. EU nationals have the right to work and live in all other EU countries. EU Exit update: added new information on residency rights in a No Deal scenario in the EU Exit section 13 March 2019 We have updated the contact details you need to apply for an S1 form. Does Cyprus law allow wills to be signed…. Simplified Procedure of Obtaining • 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. 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”. In general, for the purposes of this specific type of immigration permit, no personal interviews are required. However, you must fulfill certain conditions, such as: A Cyprus Permanent Residence Permit allows the holder similar rights to Cypriot citizens, including: You can also get residency in Cyprus if you fall under one of the following categories: You can only receive an Immigration Permit in one of the above-mentioned categories if the Immigration Control Committee recommends to the Minister of Interior that you meet the requirements of one of those categories. In 2019, about 3.0 million first residence permits were issued in the EU to non-EU citizens. It allows the holder to permanently reside in Cyprus without having to go through immigration procedures such as visas, or the issue and renewal of Temporary Residence Permits. 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). They can be renewed upon expiry. Cyprus Resident and Immigration Permits are granted according to certain provisions and criteria. 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