How to Obtain a Residence Permit and Permanent Residency in Cyprus: A Complete Guide to Immigration Programs
Cyprus has established itself as an attractive destination for living, working, and doing business. With its mild Mediterranean climate, safety, developed infrastructure, and tax benefits, the island attracts people from around the world. For those considering relocating to Cyprus, a variety of immigration programs are available, suitable for investors, entrepreneurs, company employees, freelancers, and digital nomads.
Since 2007, Feod Group has been providing a full range of services in Cyprus: from consultations and document preparation for residence permits to assistance with business registration, bank account opening, real estate transactions, and tax planning.
Immigration lawyers in Cyprus help clients choose the appropriate RP program and provide support at every stage, ensuring professional assistance for successful residency applications.
Immigration to Cyprus: RP and PR
Relocating and immigrating to Cyprus begins with selecting the appropriate program that aligns with your goals. It’s essential to determine whether you are applying for a temporary residence permit (RP) or directly for permanent residency (PR). Depending on the chosen program, the process may involve investments, business registration, or other actions required by law.
A residence permit (RP) is an official document granting foreign nationals the legal right to reside in the Republic of Cyprus for an extended period. Obtaining an RP is mandatory for anyone planning to stay in the country for more than 90 days. The RP in Cyprus is valid for 1-2 years and can be renewed. After five years of residence under a temporary RP, holders may apply for permanent residency (PR) and, if additional requirements are met, for Cyprus citizenship.
Cyprus immigration programs also offer the option to obtain PR with unlimited validity directly. This is available to investors through the accelerated PR program by purchasing real estate or other assets. Below, we will discuss in detail which applicant categories are eligible for PR and the conditions for obtaining it.
Benefits of Immigration to Cyprus
Obtaining an RP in Cyprus opens the door to stability, high living standards, and new opportunities for you and your family. Immigration to Cyprus provides not only the right to long-term residence but also access to numerous advantages:
- High Standard of Living and Safety: Cyprus ranks first among the safest countries with a population under 5 million, making it ideal for families with children.
- Employment and Business Opportunities: RP holders in Cyprus can legally work or start their own businesses.
- Low Taxes: Cyprus offers a corporate tax rate of just 12.5% and exemption from dividend tax, making it attractive for tax optimization.
- Modern Healthcare System: Medical facilities in Cyprus provide high-quality services.
- International Education: With over 20 private schools offering English-language instruction and internationally recognized programs, as well as prestigious universities.
- Access to EU Citizenship: Cyprus residents may apply for EU citizenship after meeting the necessary conditions.
- Mediterranean Climate and Environment: With over 300 sunny days a year, mild winters, and numerous Blue Flag-certified beaches, life in Cyprus is exceptionally comfortable.
How to Obtain a Residence Permit in Cyprus
Each program has its specifics, so it is essential to consult with immigration lawyers in Cyprus to choose the appropriate residence permit (RP). Let’s take a detailed look at the most popular ways to obtain a residence permit in Cyprus:
1. Permanent Residency in Cyprus through Investment
The Cyprus Investment Program (Fast Track Permanent Residency), also known as the “Golden Visa of Cyprus,” is an excellent way to become an EU resident quickly while making a profitable investment. The program is regulated by Regulation No. 6(2) and allows applicants to benefit from an accelerated process of obtaining permanent residency.
Required Investment (from €300,000):
- Residential real estate (new properties on the primary market)
- Commercial real estate (offices, hotels, shops)
- Shares of Cypriot companies
- Investment funds (AIF, AIFLNP, RAIF)
Why It’s Beneficial:
- PR has unlimited validity, and the residence card needs renewal only once every 10 years.
- Family members can be included in the application.
- There are no strict residency requirements—you can visit Cyprus whenever it’s convenient for you.
2. Permanent Residency for Property Owners in Cyprus
Fast Track PR:
If you plan to purchase a property worth at least €300,000 (excluding VAT) on the primary market, you can apply for PR through the Fast Track program. The property can be used for personal residence or long-term rental, providing a stable income for the owner.
Category F PR:
For those considering purchasing a secondary market property or a property worth less than €300,000, it is possible to apply for PR in Cyprus under Category F. Unlike the Fast Track program, which requires investment exclusively in primary real estate, Category F allows the purchase of secondary market properties. Applicants must prove a stable annual income from abroad sufficient to cover living expenses in Cyprus, amounting to approximately €10,000 for the main applicant, plus €5,000 for each family member.
However, processing times for Category F applications remain uncertain. The process for obtaining PR in Cyprus under Category F takes longer than under the Fast Track program and may take 16 to 24 months.
3. Pink Slip in Cyprus
A temporary residence permit in Cyprus, known as the Pink Slip, is intended for non-EU nationals wishing to stay in Cyprus for over 90 days without engaging in employment. This RP is popular among financially independent individuals and retirees.
Requirements:
- Proof of a stable income of €2,000 per month for the main applicant + 20% for the spouse + 15% for each child
- Documents confirming property ownership or a rental agreement in Cyprus
- Health insurance covering the entire stay
The Pink Slip is issued for one year and can be renewed annually, provided that the applicant continues to meet the requirements. Renewing the permit requires updated income proof and relevant documents.
This type of residence permit is ideal for those who want to enjoy a comfortable life in Cyprus while having a stable income from abroad.
4. Residence Permit for Entrepreneurs and Business Owners
Obtaining a residence permit in Cyprus for entrepreneurs is an excellent option for foreign investors looking to develop their business in a stable economic environment.
For Self-Employed Individuals:
Foreign nationals planning to work in Cyprus as self-employed individuals can apply for RP Category C if they meet certain conditions. A key requirement is a professional activity license and capital of at least €260,000.
Company Registration with Foreign Shareholding:
Business owners can obtain a residence permit by registering a company with foreign participation. The foreign shareholder’s stake in the company’s share capital must be at least €200,000, and the funds must originate outside Cyprus. The company owner has the right to work in the company, for example, as a director, which also allows obtaining a work-based residence permit.
For Ukrainian Nationals:
Special conditions under Temporary Protection allow Ukrainians to obtain temporary protection status, register a company, and work in it. There are no minimum investment or salary level requirements, making the process as accessible as possible.
5. Residence Permit in Cyprus through Employment
To obtain a residence permit through employment in Cyprus, non-EU nationals must have a work permit. One of the main ways to get such a permit is through employment in companies with foreign interests (where the majority of shares are owned by non-EU citizens, and the company’s account has at least €200,000). These companies can hire foreign employees without being required to search for candidates within the local labor market. This simplifies the recruitment process for key positions such as directors, department heads, project managers, and other specialists.
Requirements:
- Minimum monthly salary: €2,500
- The residence permit is issued for the duration of the employment contract, which can be up to three years, with the possibility of renewal.
Another option is obtaining an EU Blue Card in Cyprus. The process is regulated by amendments to legislation approved by the Cabinet of Ministers of the Republic of Cyprus. The EU Blue Card grants highly qualified non-EU nationals the right to enter, reside, and work in Cyprus. Applicants must have an employment contract or job offer valid for at least six months, with a salary exceeding the country’s average gross annual wage.
6. Residence Permit for Digital Nomads – Digital Nomad Visa
Cyprus actively promotes its Digital Nomad Visa program, offering remote workers the opportunity to live on the island. This visa targets freelancers and employees of foreign companies who can prove a monthly income of at least €3,500. Additional requirements include having health insurance and proof of a rental agreement or property ownership in Cyprus. The program grants residence for up to two years with the possibility of renewal.
The Digital Nomad Visa makes Cyprus an attractive destination for remote professionals. However, the government has set a quota, limiting the number of such visas to 500 permits.
7. Residence Permit through Family Reunification in Cyprus
The residence permit through family reunification is designed for foreigners who wish to join relatives already living in Cyprus. The program covers spouses, minor children, and, in some cases, parents.
Applicants must provide documents proving the family’s income level to ensure the financial independence of the applicants, along with proof of suitable housing for all family members. The validity of this residence permit depends on the status and duration of the primary family member’s residence permit and can be extended if all conditions are met.
8. Yellow Slip for EU Citizens
The Yellow Slip registration certificate confirms the right of European Union citizens and their family members to live and work in Cyprus. This document is required to legalize your stay on the island if you plan to stay for more than 90 days.
The Yellow Slip is necessary for EU citizens moving to Cyprus for work, study, business, or permanent residence. Family members of EU citizens, including spouses and children, can also apply for it, even if they are not EU citizens themselves.
The Yellow Slip is valid indefinitely, though it is important to notify the immigration service of any changes, such as a change of employment, residence, or family status. The certificate for non-EU family members is valid for five years. Upon expiration, the applicant can apply for renewal.
Comparison of Immigration Programs in Cyprus
| Program | Main Conditions | Advantages | Disadvantages |
| 1. Permanent Residency by Investment (Fast Track) | – Investment from €300,000 (residential or commercial property, shares, funds). – Accelerated process. |
– Permanent residency with no expiry. – No requirement for permanent stay. |
– Cannot work in Cyprus except in own company. |
| 2. Permanent Residency for Property Owners | – Fast Track: Investment of €300,000 in primary property. – Category F: Property of any value, proof of income from €10,000/year. |
– Permanent residency with no expiry. – Ability to rent out property. |
– Lengthy application process under Category F (16-24 months). |
| 3. Pink Slip (Visitor Visa) | – Annual income from €2,000/month. – Property rental/ownership, health insurance. |
– Suitable for financially independent individuals. | – Requires annual renewal. – No right to work in Cyprus. |
| 4. Residence Permit for Entrepreneurs | – For self-employed: license and capital from €260,000. – Foreign-interest companies: €200,000 minimum capital. |
– Suitable for company owners. – Ability to work in own company in Cyprus. |
– Requires investment. |
| 5. Residence Permit through Employment | – Employment contract in a foreign-interest company with a salary from €2,500/month. – Alternative: EU Blue Card for highly skilled specialists. |
– Long-term residence permit valid for 3 years. | – Minimum salary requirements. |
| 6. Digital Nomad Visa | – Income from €3,500/month. – Health insurance, property rental/ownership. |
– Suitable for remote workers. | – Visa limit of 500 permits. – No right to work for Cypriot companies. |
| 7. Residence Permit through Family Reunification | – Family ties with a resident/citizen of Cyprus. – Proof of income and housing for the entire family. |
– Allows joining family in Cyprus. | – Application process can be lengthy. |
Process of Obtaining Residency Status in Cyprus: General Requirements and Documents
Each immigration program in Cyprus is governed by specific legislation and has its own unique conditions and procedures. However, regardless of the selected program, there are general principles and standard requirements for obtaining a residence permit in Cyprus:
- Financial Independence: Proof of sufficient income or assets to live in Cyprus without needing government assistance.
- Housing Availability: Evidence of renting or owning property that meets the program’s standards.
- Applicant’s Good Standing: The applicant must not be listed on sanction lists, Interpol databases, or other international law enforcement organizations. They must also have no criminal record or ongoing legal cases.
Basic Document Package for Obtaining a Cyprus Residence Permit:
- Completed application form (provided by the Cyprus Migration Department).
- Valid passport and copies of all pages.
- Health insurance valid in Cyprus.
- Proof of financial stability: bank statements, income certificates, or contracts.
- Proof of residence in Cyprus: rental agreement or property ownership documents.
- Criminal record certificate issued in the country of citizenship or permanent residence.
- Documents confirming family status: marriage certificate, children’s birth certificates (if applying for family members).
- Cover letter explaining the purpose of stay in Cyprus (optional, depending on the program).
Application Stages for Cyprus Residency Status:
- Document Preparation According to Program Requirements
At this stage, it is essential to gather a complete set of documents required by the chosen program. Since each program has different criteria, special attention should be paid to verifying the accuracy and relevance of the information provided. - Submission of the Application to the Migration Department or Consulate
Documents are submitted either to the migration authorities of the Republic of Cyprus (e.g., the Department of Civil Registry and Migration) or through the Cyprus consulate in the applicant’s country of residence. Upon submission, the applicant may be required to pay government fees. - Document Review and Approval
The Cypriot migration authorities review the applicant’s eligibility based on established criteria and compliance with the program’s terms. This stage may include requests for additional documents or clarification. - Issuance of Cyprus Resident Card (Residence or Permanent Residency Permit)
If approved, the applicant receives a resident card confirming their residence or permanent residency status. The card’s validity depends on the program: temporary residence permits are usually valid for 1-2 years, while permanent residency obtained through investment is indefinite but requires card renewal every 10 years.
The process of obtaining a Cyprus residence permit may take several weeks to several months, depending on the program. It is advisable to consult an immigration lawyer in Cyprus in advance.
Obtaining Cyprus Citizenship
Cyprus citizenship offers significant advantages, including the ability to live and work in any EU country, visa-free travel to 178 countries, and access to European healthcare and education systems.
There are several ways to obtain Cyprus citizenship, each with specific conditions:
- By Descent: Children born to Cypriot parents are eligible for citizenship. This method is especially popular among those with Cypriot ancestry.
- By Naturalization: Citizenship can be obtained after 4–8 years of legal residence on the island. This option is suitable for individuals who live, work, or run a business in Cyprus.
- Through Marriage to a Cypriot Citizen: Spouses of Cypriot citizens can apply for citizenship after a specific period of marriage and cohabitation.
Each method has unique features and requirements, allowing individuals to choose the most suitable option based on their circumstances.
Immigration Services in Cyprus
Feod Group, with an office in Larnaca, provides comprehensive services to ensure a smooth relocation and adaptation process in Cyprus:
- Consultations on long-term residence programs.
- Preparation and submission of residence permit applications.
- Legal review and adjustment of documents to meet migration service requirements.
- Assistance with residence permit and permanent residence renewal within specified deadlines.
Our legal services also include:
- Consultation and legal support for purchasing real estate in Cyprus.
- Assistance with document preparation for opening a bank account.
- Guidance throughout the company registration process in Cyprus.
- Investment and financial consulting.
- Tax and tax residency consultations.
We look forward to welcoming you to our Feod Group office in Larnaca! Our specialists are ready to provide personalized consultations, answer all your questions, and help develop optimal solutions.
Contact us today to schedule a meeting or receive an online consultation!
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FAQ
Residence permit programs are designed for various categories of foreigners, including:
• Investors participating in real estate purchase programs or capital investment in the country’s economy.
• Employees of Cypriot companies working under employment contracts.
• Business owners registering companies in Cyprus.
• Freelancers and digital nomads working remotely.
• Financially independent individuals supported by income from abroad.
To move to Cyprus, follow these steps based on your goals and desired status:
• Determine the Purpose of Relocation: This could be work, study, starting a business, or investing.
• Prepare Documents: For a residence permit application, you’ll need proof of financial stability, housing documents, and other certificates depending on the selected program.
• Submit Your Application: This involves completing forms and submitting documents to the Cypriot migration authorities. For investment programs, the application may be processed faster.
• Receive Approval: Once approved, you will be granted the relevant status (temporary or permanent residence), allowing you to live in Cyprus.
Yes, if permitted under the program through which you obtained the residence permit.
Typically, 3 to 6 months, depending on the program.
Foreign nationals granted resident status in Cyprus have rights comparable to those of Cypriot citizens, including access to education, healthcare, and social protection (except the right to vote and run for public office).
However, they must comply with Cyprus’s laws and regulations, including tax and immigration requirements.
Most programs do not require permanent residence. For example, under the Fast Track program, visiting Cyprus once every two years is sufficient. However, certain residence permits, such as the Pink Slip, require annual renewal.
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Griva Digeni 49, Chrystalla Court 1st Floor Office 11, 6036 Larnaca, Cyprus
11B Lyuteranska St., off. 23, 01024
