The said residence permit is issued within six months from the date of application and the submission of the required documents by the applicant (please note that a fine is imposed in case of non-compliance). What is the Cypriot Residence Permit For Non-EU Citizens? You may obtain a Residency permit for a period from one up to four years. (5%) Create a long-term deposit in a Cypriot bank of €30,000 which will be pledged for at least a five year period. This permit is based on the level of foreign income available to support this person and can include pensions and income from investments. Dependents who are eligible to be included under this program: Spouse. They are not allowed to work full-time, and even so, only in certain sectors of employment. EU Nationals from member states have the right to enter Cyprus by simply showing a valid EU passport or ID card without having to register upon arrival. The incredible diversity and endless opportunities have attracted people for centuries. Cyprus has issued the second highest number of first residence permits per 1000 of population at 26%, whilst Greece sits below the EU 7% average at under 5%, according to the latest figures from Eurostat. Cyprus offers probably the best conditions in the European Union for this. Overall, there were 3 million first residence permits issued in the EU in 2019 to non-EU citizens, an increase of 6% (or 163 000) compared with 2018, continuing … According to Regulation 6(2) of the Aliens and Immigration Regulations, as amended, non-EU nationals are entitled to a Category F Immigration Permit (Permanent Residence Permit) provided that the following criteria are fulfilled: The most popular of these is the Cypriot Residence Permit for Non-EU Citizens. As such, if you are an EU or EFTA citizen and want to stay in Cyprus longer than 90 days, you have to simply register your stay at the Civil Registry and Migration Department and get a Registration Certificate (also known as a Yellow Slip). Possession of adequate funds is also necessary. Categories not eligible to apply for this permit include students, persons residing in Cyprus for vocational training and recognised refugees or asylum seekers. A recommendation for the employment of aliens is made by the Ministry of Labour and Social Insurance after it. In fact, for permanent residence in Cyprus it is not necessary to obtain a permanent residence permit. Cyprus Temporary Residence Permit (Pink Slip) usually is issued for the period of 1 year. You must deposit €30,000 in a Cypriot bank, where it will be frozen for three years, after which time you will have access to it again. The freedom to move to another EU country to work without need for a work permit is a right granted to EU nationals. There are no restrictions for the EU citizens. CYPRUS PERMANENT RESIDENCE - RESIDENCE PERMIT - IN 2021 Cyprus Residence Permit - Background Cyprus is a tranquil island strategically located in the heart of Europe but at the crossroads of three continents - Europe, Asia and Africa. This Permit is granted for an indefinite duration to non-EU nationals who comply with the requirements of applying under each Category. These Permits are usually issued for a period of 1-2 years but become void if the holder is out of Cyprus for more than three continuous months. The income should derive from sources other than employment in Cyprus, Funds transferred from abroad and deposited in a Bank operating in Cyprus in a 3-year Fixed Deposit Account. [M61] - Forms for Residence and Employment Permit; Application for Cypriots who wish to repatriate and find a job in Cyprus [M61] - Application for the renewal of temporary resident's permit [M67] - Application for Immigration Permit [Μ71] - Application for the grant of citizenship of the Republic of Cyprus The Immigration Permit grants non-EU nationals, as well as their wife/husband and children under 18 years old, the right to permanently reside in the country and travel to Cyprus without immigration entry procedures. If you are an investor from a non European Union country and wish to set up a business and operate from Cyprus there are certain basic preconditions- investment criteria that are applicable.. Permanent Residency for Non-EU Citizens or Nationals. The Immigration Permit continues to be valid provided that the holder visits Cyprus at least once every two years. Today, the EU is uniquely positioned to meet the challenges of the coming century. They should apply before their current visa expires. 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. I want to move to the UK/EU. All companies of foreign interests need to fulfil certain requirements to obtain the approval of the Civil Registry and Migration Department and be able to employ Non-Eu citizens. VISA/TEMPORARY RESIDENCE PERMIT REQULATIONS FOR NON-EU STUDENTS . 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