Temporary residence in Cyprus is broken down into 5 different types
Temporary Residence
Short-stay visas
This is a Visa for visiting Cyprus either for business or vacation usually for a period up to 3 months. This type of visa can either single or multiple entry, if you are planning to visit Cyprus frequently you can apply for a 1 year multiple entry visa however the total visits must not exceed 90 days, starting from your first visit during each six month period.
Temporary Residence Permit (“Pink Slip”)
This type of Visa applies to non-EU citizens who come to Cyprus for a long-term period.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). this type of visa can be extended for a further 1-2 year period thereafter. There are types of temporary residence permits: A student Visa or an Employment visa. Our immigration expert managing director can easily arrange and advise clients on all the necessary requirements for these permits.
Immigration Permits
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
Category A
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.
Category B
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.
Category C
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.
Category D
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.
Category E
Persons who have been offered permanent employment in the Republic, which will not create undue local competition.
Category F
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:
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- 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.
Residence Permits
This type of permit is issued to a non-EU family member of non- EU citizens who hold and is valid for two years. For non-EU family members of EU citizens the permit is valid for five years from the date of the issue or for the envisaged period of residence of the EU citizen.
Temporary residence permit for third country nationals to be employed by international companies in Cyprus
Vasiliou Law can advise clients on all the necessary requirements and procedures for this type of permit. The attached form below will give clients an idea of the requirements:
http://www.moi.gov.cy/moi/crmd/crmd.nsf/All/BCB9396C0FE325CDC2258109002FA08C