According to the law, a non-resident of Cyprus, who owns property in Cyprus has the right for a residence permit. 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. VISA/TEMPORARY RESIDENCE PERMIT REQULATIONS FOR NON-EU STUDENTS . 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. Simplified Procedure of Obtaining 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. 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: 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. There are no restrictions for the EU citizens. If you have been in Cyprus for over 5 years you should apply for an MEU3 (permanent residency). They can be renewed upon expiry. The above permits are issued within 7-10 working days after application submission. Capital Gains derived from the sales of shares are tax-exempt, those from immovable property may be taxed at a 20% rate. What is the Cypriot Residence Permit For Non-EU Citizens? Employment by companies owned by Cyprus or other EU nationals is subject to very restrictive regulations. Non-European citizens are allowed to apply for Residence Permit in Cyprus on the basis of the Categories referred to in Regulations 5 and 6(2) of the Aliens and Immigration Regulations. If you are an investor from a non European Union country and wish to set up a business and operate from Cyprus there are certain basic preconditions- investment criteria that are applicable.. 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. They can be renewed upon expiry. I want to move to the UK/EU. The incredible diversity and endless opportunities have attracted people for centuries. Note that Denmark, Ireland and the United Kingdom are not part of the EU long-term residency program. Non-EU citizens who wish to extent their stay in the Republic of Cyprus to more than 90 days may apply under the category of Temporary Residence Permit, known as “Pink Slip”. 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. Retirement Visa. Dividends received are usually not subject to taxation. You can live on a temporary residence permit. 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 If you have been in Cyprus for less than 5 years you should apply for an MEU1 (temporary residency permit). 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. Certificate of police clearance, issued from your country of residence within the past six months. This is also known as the “fast-track” option. According to the law, a non-resident of Cyprus, who owns property in Cyprus has the right for a residence permit. Cyprus Permanent Residency is a legal status which entitles Non-EU citizens and qualifying dependents to enter and stay as permanent residents in Cyprus with no limitations. You must deposit €30,000 in a Cypriot bank, where it will be frozen for three years, after which time you will have access to it again. (5%) Create a long-term deposit in a Cypriot bank of €30,000 which will be pledged for at least a five year period. You can live on a temporary residence permit. The most popular of these is the Cypriot Residence Permit for Non-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. Permanent residence permit in Russian is often called permanent residence permit or permanent residence permit in Cyprus, i.e. The right of permanent residence in the Republic of Cyprus shall be enjoyed before completion of a continuous period of five years of residence … 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. In order to obtain a residence permit, you should only fill out an application form at the Immigration Service. ... you should submit the following required documents in order to get your Cyprus Residence Permit card. Cyprus is a very welcoming destination for foreign investors but for natural persons as well. In fact, for permanent residence in Cyprus it is not necessary to obtain a permanent residence permit. citizens not resident in any EU State), if such work permit might deprive a local Cypriot resident of work. 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 the UK, you must however apply to the EU settlement scheme to be granted a new residence status. 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. 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 Applications are reviewed by the Immigration Control Board and the Minister of the Interior grants final approval. You must apply for a Residence Permit renewal at least one month before it expires. Work permits for companies owned by non-EU citizens. 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. 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. If you purchase property in Cyprus at the value of at least €300,000. Thankfully Cyprus has a number of schemes designed to cater to foreign nationals looking to reside and work in the country. 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. As a general rule the Cyprus Immigration Authority does not grant a Cyprus work permit to third country citizens ( i.e. This includes non‑EU family members. Foreign students who come to Cyprus on a Study Visa have to register their stay and get a temporary residence permit upon arrival. See below the procedures for obtaining permanent and temporary residence permits. different names may be used for one concept. They may renew their temporary residence permit for the duration of their studies. An immigration permit is the equivalent to a permanent residence permit in Cyprus. 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. Required documentation includes (and is not limited to) a valid Temporary Residence Permit, income tax returns for the last five years, a tax clearance certificate, a statement of social insurance contributions for the last five years, and bank account statements. 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. In case you plan to live in Cyprus on more or less permanent basis you should apply for a residence permit. B. Residence permit in Cyprus by buying property. Applications are submitted on the basis of one of the following categories: Persons who intend to work as self employed in a trade or profession in the Republic, provided that they have in their possession a relative permit, they have fully and freely at their disposal the required capital and that such an employment should not affect negatively the general economy of the Republic. After five years of continuous residence in Cyprus, you can apply for a Permanent Residence 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. These Permits are issued for one year and can be renewed upon expiry. by Alex Constantine. Residence permit for Cyprus. 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. Cyprus Residence Permits for EU/EFTA nationals. If you are a student or foreign worker, your school or employer will help you with the application process. 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. In general, for the purposes of this specific type of immigration permit, no personal interviews are required. (In case self-isolation is required, the preparation of the documents can be done after the quarantine is over) 1. Arguably the best fast track residence program in Europe that permits foreigners to acquire an Immigration Permit through real estate investment. In fact, for permanent residence in Cyprus it is not necessary to obtain a permanent residence permit. The non-EU citizens, should comply with the following procedure: ... you should submit the following required documents in order to get your Cyprus Residence Permit card. 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”. Necessary documents required when applying for a … 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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