Cyprus is as an attractive place for residence and employment. It’s small size and geographical position, combined with low crime and low tax on income, its’ cosmopolitan city style and international business establishments, combined with unique nature, a Mediterranean sea and bright sun that shines over 300 days per year, makes Cyprus a popular destination.
Overview
Regulation 6(2) of the Aliens and Immigration Regulations has recently been simplified by the Ministry of Interior in order to issue residence permits to applicants from non-European countries who intend to invest in the Republic of Cyprus, provided that certain requirements are met.
Expertise
Our team of Immigration lawyers and consultants will consult you on the requirements of the whole application process.
We aim in advising you on all necessary questions and to assist you on the preparation of all documents necessary for submission. We submit the complete application together will all necessary supporting documents to the authorities on your behalf, we monitor the status of the application and we act as a liaison with authorities during the examination of the application. Our target is to make this process as easy and as fast as possible for our clients.
Investment Requirements
The applicant must invest at least €300,000 in one of the following investment categories:
Overview
Non-EU nationals have the option of staying in Cyprus, as visitors, for over 3 months period and can apply for such permit at the Civil Registry and Migration Department of Cyprus.
Visitors visa
Third country nationals who will come to Cyprus for visiting purposes or will extend their previous visa can apply for visitors visa.
The Visitors section examines cases of third country nationals who enter the Republic of Cyprus and wish to stay for more than three 3 months (90 days), without employment rights.
Tourist Visas are issued by the consular authorities of Cyprus abroad. If they want to extend the visa they should apply for long term visa at the Immigration unit before their current visas expire.
Visas with the term FINAL can only be extended by the Ministry of Foreign Affairs in Cyprus.
The applicant needs to apply to the Immigration Unit of the city they are living in.
Requirements:
Restrictions:
Once the application is made the applicant receives a temporary permit until the card is issued in approximately 3 months from the date of application.
Expertise
Our specialized team of immigration lawyers and consultants will assist you on successfully applying for Temporary Residence Permit in Cyprus.
We ensure that the relevant filing forms are well completed and that you are represented by our firm on every step of the process. We shall further let you know in advance what might be needed or necessary for your successful outcome.
Overview
The Application for the issue of Entry permit and Employment Permit is submitted by the employer, to the Civil Registry and Migration Department.
The application should be submitted along with the contract of employment certified by the Department of Labour of the Ministry of Employment and Social Insurances, which is the competent Department for securing that there are no Cypriots or citizens of Member States of the European Union, available or adequately qualified for the specific job or post prior to recommending the employment of third country nationals.
Registration
Third country nationals must proceed for registration at the Civil Registry and Migration Department, within 7 days from the date of arrival.
Biometric data such as fingerprints and photo are collected for registration purposes.
Duration of stay / Exceptions
The maximum period of stay for third country nationals for the purpose of employment is 4 years, with the exception the livestock farming and agriculture sectors, where the maximum period has been set to 6 years.
The following third country nationals are exempted from this limitation:
Expertise
Our specialized team of immigration lawyers and consultants assist our clients on successfully applying for Employment Permit in Cyprus.
We ensure that the relevant filing forms are well completed and that you are represented by our firm on every step of the process. We shall further let you know in advance what might be needed or will it be necessary for your successful outcome.
Overview
We assist foreign individuals and companies to relocate their business, migrate their employees, locate their offices in Cyprus and start business operations.
Our comprehensive one-stop-shop package includes among others:
Business
Relocation of company
Foreign companies/undertakings intending to operate in the Republic of Cyprus, that operate independent offices in Cyprus, in suitable premises, separate from residences or other offices may relocate to Cyprus through the fast-track business activation mechanism.
Registration of eligible companies within 7 working days.
Criteria include:
Eligible companies which enter the fast-track mechanism are able to hire non-EU staff and obtain work permits for employees.
Tax benefits:
Employees
Migration of employees
Eligible companies may relocate to Cyprus and employ third country nationals (TCNs) as per below:
Employment of third-country highly skilled nationals up to 70% of third-country nationals (TCNs) over a period of 5 years.
Employment of TCNs support staff up to 30% of the total support staff
Immediate and free access to the labour market for spouses
Securing the right to social security
TCN who paid social security contributions in Cyprus may transfer the contributions paid when returns to his/her country of permanent residence based on bilateral agreements.
Citizenship
After 5 years of residence and work in Cyprus, the TCNs have the right to apply for naturalization
OR
After 4 years in case of proven knowledge of Greek language.
Residence
Relocation of home
The real estate market in Cyprus constantly presents opportunities for rent and/or purchase of private residence.
Our real estate consultants may assist you with locating an apartment or house.
Overview
There are four ways to legally obtain a Cyprus citizenship.
Expertise
There are four ways to legally obtain a Cyprus citizenship.
The types of applications for the acquisition of the Cyprus citizenship due to Cyprus origin and can be submitted by adults or minors.
These applications can be submitted by foreign spouses of Cyprus nationals, who have completed three years of marriage and two years of residence in the Republic of Cyprus prior to the date of application.
Application for acquisition of citizenship can be submitted by spouses of overseas Cypriots after they have completed at least three years of marriage. These applications must additionally be accompanied by a letter from the couple stating the reasons for requesting the grant of the Cypriot citizenship to the foreign spouse. If the couple has completed at least five years of marriage and has at least one child, it is not necessary to attach the aforementioned letter.
It can be submitted by foreign nationals, who have completed seven years of legal residence in the Republic prior to the date of application. In cases of aliens who are either parents or children of Cypriot citizens the time required is five years rather than seven.
In any case, the applicant must have resided legally and continuously in Cyprus during the twelve months preceding the date of the application.
After 5 years of Permanent residence or employment in the Republic of Cyprus, instead of 7 that is valid today. Further reduction to 4 years if the criterion of holding a recognized certificate of very good knowledge of the Greek language is met.
There are four ways to legally obtain a Cyprus citizenship.
Cyprus origin
The types of applications for the acquisition of the Cyprus citizenship due to Cyprus origin and can be submitted by adults or minors.
Acquisition of citizenship as a spouse of a Cypriot citizen
Permanent residence and employees of foreign interest companies naturalization
Naturalisation
It can be submitted by foreign nationals, who have completed seven years of legal residence in the Republic prior to the date of application. In cases of aliens who are either parents or children of Cypriot citizens the time required is five years rather than seven.
In any case, the applicant must have resided legally and continuously in Cyprus during the twelve months preceding the date of the application.
Permanent residence and employees of foreign interest companies naturalization
After 5 years of Permanent residence or employment in the Republic of Cyprus, instead of 7 that is valid today. Further reduction to 4 years if the criterion of holding a recognized certificate of very good knowledge of the Greek language is met.
Benefits
Cyprus citizenship benefits: