Immigration to Cyprus: Policies and Permanent Residence Permits

Cyprus is an attractive destination for individuals seeking a high standard of living, a Mediterranean climate, and a stable business environment. The island offers various immigration opportunities, including temporary and permanent residence permits, tailored to different needs.

Immigration Policies in Cyprus

Non-EU citizens wishing to live and work in Cyprus must obtain relevant permits:

• Residence Permit: Allows foreigners to live in Cyprus, either temporarily or permanently.

• Work Permit: Grants permission to work in Cyprus, subject to specific conditions.

Cyprus offers six categories of residence permits (Categories A-F), with Category F being the most popular for permanent residency.

Permanent Residence Permit (Category F)

The Category F permit is designed for non-EU citizens who wish to reside in Cyprus without engaging in employment. Applicants must demonstrate financial independence and meet specific criteria.

Eligibility Criteria

1. Financial Requirements:

   • Secure annual income of at least €9,568 for the applicant.

   • Additional €4,613 for each dependent.

   • Income must come from abroad (e.g., pensions, dividends, rents).

2. Property Investment:

   • Purchase property worth at least €300,000 (for expedited processing under Regulation 6(2)).

   • Submit proof of payment of at least €200,000.

3. Other Requirements:

   • Clean criminal record.

   • Health insurance covering all risks.

   • Declaration of no intention to work in Cyprus.

Application Process

1. Document Preparation:

   • Passport copy

   • Proof of income (bank statements, tax returns)

   • Property purchase documents

   • Health insurance policy

   • Criminal record certificate

   • Bank deposit confirmation (minimum €30,000 for 3 years)

2. Submission:

   • Applications must be submitted to the Civil Registry and Migration Department or district offices.

   • Biometrics (fingerprints and photographs) are required.

3. Processing Time:

   • Expedited applications under Regulation 6(2): 2-4 months.

   • Standard applications: Up to 1 year.

4. Approval:

   • Once approved, the permit is valid for life but requires the holder to visit Cyprus at least once every two years.

Key Benefits of Permanent Residency

• Lifetime validity with no renewal required.

• Freedom to reside in Cyprus indefinitely.

• Eligibility for long-term EU residence after 7 years.

• Dependents (spouse and children under 18) are included in the permit.

Important Notes

• Applicants must reside permanently in Cyprus within one year of approval.

• Absence from Cyprus for more than two years may result in losing residency rights.

• Additional fees include a government application fee (€500) and an Aliens Registration Certificate fee (€70).

Cyprus’ permanent residence permits present an excellent opportunity for those seeking a safe and desirable living environment with access to Europe. For personalized assistance, consulting a legal expert or immigration consultant is recommended.