Residence Permit for Cyprus

According to Cyprus law, a non-resident of Cyprus who owns property in Cyprus is eligible to apply for a residence permit. Notably, there are no restrictions for EU citizens. To obtain a residence permit, EU citizens are only required to fill out an application form at the Immigration Service.

However, for non-EU citizens, the procedure is more detailed and requires additional documentation and steps. The process includes applying for either a Temporary Residence Permit or a Permanent Residence Permit.

Temporary Residence Permit for Cyprus

To apply for a temporary residence permit, non-EU citizens must contact the Immigration Office in their city and submit the following documents:

• Passport – A valid passport with a clear copy.
• Copy of Bank Statement – Proof of financial capability.
• Documents Showing Income Sources – Evidence of your income sources to demonstrate financial stability.
• Four Passport-Type Photos – Recently taken photos meeting the official size requirements.
• Copy of Property Purchase Contract – Proof of property ownership in Cyprus.
• Medical Insurance – A valid health insurance policy covering your stay in Cyprus.
• Bank Deposit of €550 – A security deposit used only in case of deportation due to committing a crime.

The temporary residence permit is typically issued for a period ranging from 1 to 4 years. Its validity can be extended upon request.

Important: It is essential to apply for an extension at least one month before the permit’s expiry date.

Benefits of a Temporary Residence Permit:

• Flexibility to stay in Cyprus for extended periods.
• Option to renew the permit if needed.
• Simplified access to various services, such as healthcare and banking.

Permanent Residence Permit for Cyprus

For non-EU citizens who wish to obtain a permanent residence permit, the process is more rigorous but offers significant benefits, including long-term residency rights and ease of travel within the EU.

The requirements for a permanent residence permit include, but are not limited to:

• Proof of substantial financial resources or a stable annual income.
• Proof of property ownership of a certain value in Cyprus.
• Clean criminal record from the applicant’s home country.

Applicants are encouraged to consult legal professionals or immigration advisors to ensure all requirements are met effectively.

Benefits of a Permanent Residence Permit:

• Lifetime residency in Cyprus with minimal renewal requirements.
• Free access to healthcare and education.
• Ability to travel within the EU more easily.
• Enhanced security and legal rights.

How Our Real Estate Agency Can Assist You

At Investia Real Estate Agency, we offer comprehensive services to assist clients throughout the entire residence permit application process. Our dedicated team provides:

• Personalized Consultation: We assess your eligibility and guide you through the necessary steps.
• Document Preparation: Ensuring all required documents are correctly completed and submitted.
• Application Management: Handling the submission process and providing updates on your application status.
• Extension Reminders: Helping you stay on track with permit renewals to avoid legal complications.
• Legal Assistance: Collaborating with experienced immigration lawyers when necessary.

Contact us today to make your residency journey in Cyprus smooth and stress-free!