This section provides information for nationals of countries that are not members of the EU.
If you have purchased a property in Cyprus for the purpose of holiday making there is no need to apply for a residence permit. The visa granted on the grounds of property ownership will allow you to stay in the Republic of Cyprus altogether 180 days a year, 90 days every six months.
In case you plan to live in Cyprus on more or less permanent basis you should apply for a residence permit. Cyprus offers probably the best conditions in the European Union for this.
See below the procedures for obtaining permanent and temporary residence permits.
ANNOUNCEMENT! It is our pleasure to announce positive changes to the fast-track PR procedure published in the official gazette on the 22nd of February 2016.
Earlier PR could not be extended beyond the age of 25 for dependent children. Now children of the applicant over 25, who were originally dependent, retain the PR, irrespective of whether they marry, become financially independent or stop studying at a higher education institution.
Earlier parents could not be included in the application. Now dependent parents of the applicant are eligible for PR. That applies to parents of both spouses. In case the spouses are already in possession of the PR, then the parents can obtain the PR too.
Fast-track procedure of obtaining PR permit for foreign nationals – purchasers of Cyprus property – is available in Cyprus.
Obtaining of PR permit by fast-procedure offers a lot of benefits:
To accomplish obtaining of PR permit by fast-track procedure the applicant will have to:
The maximum period for granting PR permit according to the simplified procedure comprises 2 months.
The status of a permanent resident does not impose any restrictions to the period of your stay in Cyprus. The only exception is that you should visit Cyprus at least once every 2 years.
Permanent residence permits are granted to the following applicant relatives.
Applicant' spouse. In case they wish, two separate PR permits can be issued for each spouse without the requirement for the dependent spouse to purchase a property or deposit €30,000 into an account. It is understood that a separate PR permit application should be submitted for the dependent spouse.
Dependent minor children of the applicant and his/her spouse. The minor children can be added as dependents in both their parents PR permit applications
Single children from 18-25 years old and financially dependent, who prove to be students for at least six more months from the date of application. They may apply to obtain the “for so long” PR permit for themselves, without the need to invest in additional real estate. In this case the parents will need to prove additional income of at least €5,000 for each dependent child. The PR Permit will still remain valid even after the Permanent Residency holder turns 25 years and even if he/she is no longer single and/or a student and/or financially dependent on his/her parents. However, it is understood that their future spouse and children will not be entitled to obtain the PR permit.
The parents of a couple (of both husband or wife) who applied or they are already in possession of the Residence Permit, are also entitled to acquire the PR permit without investing in additional real estate. The couple must prove additional income of at least €8,000 for each dependent parent. A separate application must be submitted for each dependent parent.
If the Principal Beneficiary of the PR permit passes away, then his/her spouse and dependent children may apply to acquire the Principal’s PR permit without investing in additional real estate.
Any individuals who acquired the PR permit without having to invest personally in real estate or depositing money in a Cypriot bank account (Euro 30,000), will not be entitled to include on their own Permanent Residency Permit their spouses, children or parents.
In order to obtain PR permit it is not mandatory for an applicant to purchase one property. He/she can purchase the following two properties:
Total value of the both properties shall be at least €300.000 (not to include VAT).
The properties could be separate (not connected/joined) from each other. They should be purchased from the same developer. This is a compulsory condition.
Suppose an applicant who has adult financially independent children over 25 years old wishes to obtain permanent residence permit not only for his/her family but also for the families of his/her adult children. In case the applicant has one adult child he/she shall purchase property amounting to at least €600.000 (net of VAT). Property value rises to €900.000 for two children. Each family shall deposit €30.000 and state annual income of at least €30.000 (plus €5.000/8.000 per each dependent family member).
Suppose you are not entitled to obtaining permanent residence permit according to simplified procedure. For example:
In those cases one can resort to the standard procedure of obtaining permanent residence permit. Besides documents for property, you have to prove sources of income outside of Cyprus and availability of funds in a Cyprus bank. The law does not stipulate precise figures of income and cash assets. Allegedly they should be sufficient for applicant’s normal living in Cyprus. A Cyprus lawyer who will help you to prepare documents will advise you approximate figures in your specific case.
The timeframe for processing your application for permanent residence permit is again not stipulated. In practice it usually comprises 1 year. During that period you should have status of temporary resident of Cyprus (more information related to it is available in the next section).
Perhaps you do not wish or cannot claim the status of a permanent resident of Cyprus but at the same time you have to stay in Cyprus for the most part of your time.
In this case you can achieve a status of a temporary resident for the period of one year, so-called Pink Slip. This immigration status assumes stay in the country up to 365 days a year.
Pink Slip may be extended for an unlimited number of times. To accomplish this one should submit documents for extension one month prior to the expiration of the current Pink Slip validity. Your application may be considered for 1-3 months. Over this period you will be staying in the country on a legal basis. If for some reason or other you have to leave the country after expiration of current Pink Slip validity but before obtaining a new one you will have to obtain a single visa or to use a multiple visa obtained earlier to be able to enter Cyprus again.
Temporary residence permit has two drawbacks as compared to permanent one.
In order to obtain Pink Slip one should submit the following documents to the Immigration Office:
Residence permit allows his holder all opportunities for accommodation, leisure, education in Cyprus. And yet permanent residence permit has several drawbacks as compared to citizenship. Suppose you are a resident and not a citizen of Cyprus.
Regarding the ways of obtaining Cypriot citizenship - please visit the page Citizenship.
And finally we will note that it is desirable not to have your immigration status in Cyprus registered on your own but to apply to a professional lawyer who specializes in immigration issues. Legal companies – associate members of Alliance have a great experience in solving immigration issues and will willingly provide you all the required support.