Temporary residence in Cyprus is broken down into 5 different types
- with an entry permit issued by the Civil Registry and Migration Department and with the presentation of a valid travel document,
- with a Visa issued by the Diplomatic and Consular Authorities of the Republic(Ministry of Foreign Affairs) and with the presentation of a valid travel document,
- with a permit/residence document issued by the Republic and with the presentation of a valid travel document and, in the case of temporary residence permits, when the person concerned has not stayed outside the Republic for more than three months,
- with proof of submission of an application for a residence permit, which bears a re-entry stamp and with the presentation of a valid travel document (the stamp is placed depending on the application, e.g. the cases of applications for an immigration permit and long-term resident permit are excluded),
- with a residence permit from the first Member State in the context of mobility and with the presentation of a valid travel document,
- with the presentation of a valid travel document or identity card for EU/EEA citizens.
Non-European Union passport holders who wish to extend their stay and reside in Cyprus, can enter the Republic (through the legal entry points) with a visa issued by the Republic’s Consular Authorities and before the expiration of the visa or of the 90 days that they can obtain upon their arrival depending on their Nationality, can proceed with the application submission for the acquisition of a Cyprus Temporary Residence Permit.
This type of permit allows Non-European Union passport holders to extend their stay in Cyprus for more than 3 months (90 days). It is valid for one year, it can be renewed on an annual basis and under this permit applicants and their family members are allowed to live in Cyprus as visitors.
Once the application is submitted, the applicants can legally reside and travel from and back to Cyprus without the requirement of an entry visa until the final examination of the application or until their Temporary Residence permit card is issued (with a limitation of absence period not more than 3 months).
Non-EU clients could apply for immigration permits if they are qualified for the Categories as listed below under the 5th Regulation of the Aliens and Immigration Regulations of Cyprus
Persons who intend to work as self employed in agriculture, cattle breeding, bird breeding or fish culture in the Republic, provided that they have in their possession adequate land or a permit to acquire same, they have fully and freely at their disposal capital of approximately €430,000 (CY£250,000) and such an employment should not negatively affect the general economy of the Republic.
Persons who intend to work as self employed in mining enterprises in the Republic, provided that they have in their possession a relative permit, they have fully and freely at their disposal capital of approximately €350,000 (CY£200,000) and such an employment should not negatively affect the general economy of the Republic.
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 capital of approximately €260,000 (CY£150,000) and such an employment should not affect negatively the general economy of the Republic.
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. Possession of adequate funds is also necessary.
Persons who have been offered permanent employment in the Republic, which will not create undue local competition.
Persons who possess and have fully and freely at their disposal a secured annual income, high enough to give them a decent living in Cyprus, without having to engage in any business, trade or profession.
An alien can qualify under this category, along with their dependents, provided him/her:
- Has at their disposal a secured annual income sufficient to cover living expenses for him/her and their dependents in Cyprus without conducting any business, trade or profession in the country. The annual income required should be a minimum of EUR 9,568.17 for the applicant and at least EUR 4,613.22 for each dependant;
- Can demonstrate additional sums at his\her disposal if the Immigration Control Board considers it necessary.
This is the only category where a permit can be obtained by all family members simultaneously.
An Immigration Permit will be automatically cancelled if the interested person fails to acquire residence in Cyprus within one year from the approval of the application, in case he/she is residing outside Cyprus. It will also be cancelled if he/she acquires permanent residence abroad or is absent from Cyprus for a period of two years.
Vasiliou Law can advise clients on all the necessary requirements and procedures for this type of permit. All the relevant information can be found at the following link: https://www.vasiliou.law/registration-of-companies-of-foreign-interests/