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Residency Permits/ EU Passports

Any European citizen who wish to reside in Cyprus is required to submit an application for the appropriate permit and to register with the Department of the Population and Migration Archive or with an office of the Aliens and Migration Service of the police. All European citizens who work and reside legally in Cyprus have the same rights as citizens of Cyprus as regards remuneration, working conditions, residence, social insurance and trade union membership, etc. A third country national who is a dependant of a European citizen and who is together with that citizen in Cyprus enjoys the same rights as a citizen of the European Union.

Any European citizen who wish to reside in Cyprus is required to submit an application for the appropriate permit and to register with the Department of the Population and Migration Archive or with an office of the Aliens and Migration Service of the police.
All European citizens who work and reside legally in Cyprus have the same rights as citizens of Cyprus as regards remuneration, working conditions, residence, social insurance and trade union membership, etc. A third country national who is a dependant of a European citizen and who is together with that citizen in Cyprus enjoys the same rights as a citizen of the European Union.
The foregoing applies also to all citizens of the European Economic Area (which consists of the countries of the European Union plus Iceland, Liechtenstein and Norway).

The property you can buy in Cyprus is dependent upon your status and in line with its EU accession Cyprus has now lifted some of the previous restrictions on EU citizens. 

  • Citizens of EU member states can now purchase any amount of land and property in Cyprus.
  • Non-EU citizens can purchase an apartment, or a house or villa which is under construction or built on an area not exceeding 4.014 square meters (3 donums).
  • A company with a majority of directors and shareholders who are Europeans or Cypriots can buy any amount of land and property in Cyprus.

EU citizens who have a permanent residence in Cyprus

It is possible to indulge to get into an investment in a property in Cyprus without any permit or the need to submit an application form to the Council of Ministers like that the COMM.145. Being permanent residents, they are not considered as aliens although they are not citizens either. They are only required to submit the Certificate of Permanent Residence which can be acquired once an application is made to the Migration Office.

EU citizens who do not have a permanent residence

If the individual does not have a permanent residence they can still purchase the Cyprus property without getting any permission from the District Officer. However, they are still required to get a permit like a secondary residence. There are a lot of properties available for sale in Cyprus which includes luxurious apartments, villas, maisonettes, houses, building etc. These properties could also be considered as a solid & wise investment as they could be rented out to different people who want to have a vacation in Cyprus and don't want to stay in a hotel.

 RIGHT OF RESIDENCE & EMPLOYMENT PERMITS IN CYPRUS BY THIRD COUNTRY NATIONALS

 RIGHT OF RESIDENCE

 Cyprus has amended its Aliens & Immigration Regulations in harmony with the EU's acquis communautaire on the area of entry and stay of third country nationals for self employment and study purposes and long term residence.

Non EU-Nationals who have been residing in Cyprus for at least 5 years are entitled to long-term residence permits for an indefinite period.  The issue of long-term residence permits is a condition imposed on all EU member states. Visa requirements are in harmony with EU requirements.

 RIGHT OF EMPLOYMENT

EU nationals may work in Cyprus freely.  For this, they have a right to a residence permit.  Non EU-nationals are required to obtain an employment permit, usually issued/granted for one year, but they can be renewed.

In order to speed up procedures, the Government of Cyprus announced new proposals to simplify procedures of applications by foreign companies to employ workers from third country nationals. 

A Special Committee was set up in order to examine the more complex applications and to generally improve procedures.

These new proposals announced include among others:

A)   Simplification of requirements for granting employment & residence permits to third country employees of foreign companies.

B)    A fast track procedure was established for examining applications

C)   Granting of employment & residence permits for an indefinite period for executive personnel.

D)   Reducing documentation needed to accompany applications to the minimum necessary

E)    Simplifying re-entry requirements for workers who frequently travel in & out of Cyprus

F)    Encouraging executive personnel to obtain permanent residence permits.

 ELIGIBLE COMPANIES FOR EMPLOYMENT OF THIRD COUNTRY NATIONALS

All companies including international companies, in order to be eligible to employ third country nationals in Cyprus should fulfil the following criteria:

1)    A) The majority of the shareholders should be foreign shareholders.  In the case of shareholders, whose ultimate owners are foreign companies, they should be declared in order to be approved by the Civil Registry & Migration Department.  The following are exempted: a) public companies IN SE and b) international companies operating before the change of regime and for which the Central Bank has all necessary data.

B) In case the % of foreign participation in the share capital is equal or below the 50%, this % should represent an amount equal or higher than 170,860 Euros in order for a company to be eligible. Applications by service/consulting companies will be examined given that their nature of work does not require a higher capital investment.

2)     For new companies, it should be proved by banking documents etc that the direct foreign capital investment amount at least 170,860 Euros and it was brought to Cyprus legally from abroad.

3)    The companies should operate from their shelf contained offices in Cyprus, which should be located in suitable premises, not part of private residence or another office (except from cases of companies that share lodging).

 EMPLOYEE CLASSIFICATION

Companies may employ third-country nationals in the following positions:  The Employees should however first secure a) TEMPORARY RESIDENCE PERMIT and b) EMPLOYMENT PERMIT from the CRMD.


1)   EXECUTIVE DIRECTORS (ED)

 - Consulting directors or Partners

 - General Managers of Branches

 - Departmental Managers

The max number of such Directors is 5 unless the CRMD is persuaded that a greater number is justified.

The minimum acceptable total annual salary for a newly appointed ED is Euros 41,000.

The completed application form for the employment of third-country nationals are submitted to the CRMD, which issues the TEMPORARY RESIDENCE & EMPLOYMENT PERMIT for a period of up to 2 years within a month or so of its submission.

This Application Form should be accompanied by:

A)   Contract of employment stating the annual salary (Euros 41,000 or Euros 20,500) depending on the  kind of employment)

B)    M58 for ENTRY PERMIT or M61 for TEMPORARY RESIDENCE PERMITS

C)   M64 for EMPLOYMENT PERMIT

D)   1 Photo

E)    Fees of Euros 35 per year with application form

F)    Copy of passports data pages

G)   Copy of Alien Registration Certificate

H)   Bank Guarantee

I) Certificate of Criminal Record

J)    Full Medical Insurance Certificate (valid for 1 year). In case the EMPLOYMENT PERMIT is valid for more than a year then a renewed Insurance Certificate must be submitted.

K)   Medical Examination Certificate & a Chest x-ray for tuberculosis from doctors in Cyprus. This is required even in the case of a renewal of temporary residence/employment permits.

 For new companies,

Need of proof that the third country nationals who will be employed have adequate funds so that their family members do not become a burden on the Social Welfare.

In case the employees are also shareholders of the company, the equivalent amount to an annual salary must be deposited in a Bank in Cyprus, either in their account or the company's.

In case they are not shareholders, the equivalent amount to an annual salary must be deposited in a Bank in Cyprus, in the company's account.

For Existing Companies,

This condition is satisfied by submitting the audited financial movement of accounts for the previous year which includes the auditor's report for the company's viability and a certificate of tax clearance issued by the Inland Revenue Dept.

Personnel of this type that is expected to stay in Cyprus for a long period of time may apply to the CRMD for a MIGRATION PERMIT (M67).

There are no restrictions for the residence period of these employees

Applications for renewal & employment permit are submitted to the Civil Registry & Migration Dept.

For the renewal of permits, the following are required:

A)   Company's Annual report by the Accountants

B)    Audited accounts for the previous year & auditor's report for the viability of company

C)   Income Tax Clearance Certificate for the applicant's & Corporate tax clearance for the company

D)   Certificate of Social Insurance Fund Contributions

E)    List of company's personnel

F)    Contract of employment stating the annual salary (Euros 41,000 or Euros 20,500) depending on the kind of employment)

G)   M58 for ENTRY PERMIT or M61 for TEMPORARY RESIDENCE PERMITS

H)   M64 for EMPLOYMENT PERMIT

I) 1 Photo

J)    Copy of passportu's data pages

K)   Copy of Alien Registration Certificate

L)    Bank Guarantee

M)   Full Medical Insurance Certificate (valid for 1 year). In case the EMPLOYMENT PERMIT is valid for more than a year then a renewed Insurance Certificate must be submitted.

N)   Medical Examination Certificate & a Chest x-ray for tuberculosis from doctors in Cyprus. This is required even in the case of a renewal of temporary residence/employment permits.

O)   Copy of previous RESIDENCE & EMPLOYMENT PERMIT

P)    Fees of Euros 35

2)   MIDDLE-MANAGEMENT STAFF, EXECUTIVE STAFF & ANY OTHER KEY PERSONNEL

This includes Directors who are not considered to be ED with an annual salary ranging from Euros 20,500 - Euros 41,000.

The max number of such Directors is 10, unless the CRMD is persuaded that a greater number is justified.

The completed application form for the employment of third-country nationals are submitted to the CRMD, which issues the TEMPORARY RESIDENCE & EMPLOYMENT PERMIT for a period of up to 2 years within a month or so of its submission.

This Application Form should be accompanied by:

A)   Contract of employment stating the annual salary.

B)    M58 for ENTRY PERMIT or M61 for TEMPORARY RESIDENCE PERMITS

C)   M64 for EMPLOYMENT PERMIT

D)   1 Photo

E)    Fees of Euros 35 per year with application form

F)    Copy of passport's data pages

G)   Copy of Alien Registration Certificate

H)   Bank Guarantee

I) Certificate of Criminal Record

J)    Full Medical Insurance Certificate (valid for 1 year). In case the EMPLOYMENT PERMIT is valid for more than a year then a renewed Insurance Certificate must be submitted.

K)   Medical Examination Certificate & a Chest x-ray for tuberculosis from doctors in Cyprus. This is required even in the case of a renewal of temporary residence/employment permits.

For New Companies,

Need of proof that the third country nationals who will be employed have adequate funds so that their family members do not become a burden on the Social Welfare.

In case the employees are also shareholders of the company, the equivalent amount to an annual salary must be deposited in a Bank in Cyprus, either in their account or the company's.

In case they are not shareholders, the equivalent amount to an annual salary must be deposited in a Bank in Cyprus, in the company's account.

 For Existing Companies,

This condition is satisfied by submitting the audited financial movement of accounts for the previous year which includes the auditor's report for the company's viability and a certificate of tax clearance issued by the Inland Revenue Dept.

The completed form is submitted to the CRMD with all necessary certificates/docs for the renewal of permits too.

Personnel of this type that is expected to stay in Cyprus for a long period of time may apply to the CRMD for a MIGRATION PERMIT (M67).

 There are no restrictions for the residence period of these employees

For the renewal of permits, the following are required:

A)   Company's Annual report by the Accountants

B)    Audited accounts for the previous year & auditor's report for the viability of company

C)   Income Tax Clearance Certificate for the applicant's & Corporate tax clearance for the company

D)   Certificate of Social Insurance Fund Contributions

E)    List of company's personnel

F)    Contract of employment stating the annual salary

G)   M58 for ENTRY PERMIT or M61 for TEMPORARY RESIDENCE PERMITS

H)   M64 for EMPLOYMENT PERMIT

I) 1 Photo

J)    Copy of passport's data pages

K)   Copy of Alien Registration Certificate

L)    Bank Guarantee

M)   Full Medical Insurance Certificate (valid for 1 year). In case the EMPLOYMENT PERMIT is valid for more than a year then a renewed Insurance Certificate must be submitted.

N)   Medical Examination Certificate & a Chest x-ray for tuberculosis from doctors in Cyprus. This is required even in the case of a renewal of temporary residence/employment permits.

O)   Copy of previous RESIDENCE & EMPLOYMENT PERMIT

P)    Fees of Euros 35

 3)   SUPPORTING STAFF

All third country-nationals employed in other professional, managerial, technical etc positions in Cyprus and do not fall under the above mentioned categories.

Companies are expected to employ Cypriots or EU citizens for this category. In case there are not available or suitable Cypriots or EU citizens, a company may employ third country nationals following the procedure and submitting all certificates/docs etc after an affirmative decision is ensure by the Labour Dept.

This Application Form should be accompanied by:

A)   Contract of employment stating annual salary and duration stamped by the District Labour Office given that the employers have a permit to employ third country nationals.

B)    M61 for TEMPORARY RESIDENCE PERMIT & M64 fully completed & signed.

C)   Copy of passport's data pages

D)   Copy of Alien Registration Certificate

E)    Certificate of Criminal Record

F)    Letter of Guarantee by the employer.  For their family, a letter is required from the third country national.

G)   Fees of Euros 35 per year

H)   Medical Examination Certificate & a Chest x-ray for tuberculosis from doctors in Cyprus.

The completed form is submitted to the District Aliens & Immigration Branches of the Police except for the District of Nicosia where the application is submitted to the District Office of the CRMD for the renewal of permits too.

For the renewal of permits, the following are required:

A)   Copy of previous permit

B)    Income tax Clearance of the applicants issued by the Inland Revenue

C)   Certificate of Social Insurance Fund Contributions of previous year

D)   Contract of employment stating annual salary and duration stamped by the District Labour Office given that the employers have a permit to employ third country nationals.

E)    M61 for TEMPORARY RESIDENCE PERMIT & M64 fully completed & signed.

F)    Copy of passport's data pages

G)   Copy of Alien Registration Certificate

H)   Letter of Guarantee by the employer.  For their family, a letter is required from the third country national.

I) Fees of Euros 35 per year

J)    Medical Examination Certificate & a Chest x-ray for tuberculosis from doctors in Cyprus.

 SUBMISSION & EXAMINATION OF APPLICATIONS

All third country-nationals should obtain a a) TEMPORARY RESIDENCE PERMIT and b) EMPLOYMENT PERMIT from the CRMD.  The Director of the CRMD takes into account the recommendations of the Registrar of Companies and Official Addressee, the Labour Dept & Social Insurance and the Cyprus Police.

Family members of Executive Directors and MIDDLE-MANAGEMENT STAFF, EXECUTIVE STAFF & ANY OTHER KEY PERSONNEL are submitted to the CRMD with all necessary certificates.

Family members of SUPPORTING STAFF are submitted to the District Aliens & Immigration Branches of the Police except for the District of Nicosia where the application is submitted to the District Office of the CRMD.

The Application Forms for the TEMPORARY RESIDENCE PERMITS should be accompanied by:

A)   M61 for TEMPORARY RESIDENCE PERMIT

B)    One Photo

C)   Fees of Euros 35 per year

D)   Copy of passport's data pages

E)    Bank Guarantee

F)    Full Medical Insurance Certificate (valid for 1 year). In case the EMPLOYMENT PERMIT is valid for more than a year then a renewed Insurance Certificate must be submitted.

G)   Marriage Certificate etc issued by the relevant authority of the country of origin & birth certificates of children.


GENERAL

In case that a company of foreign interests terminates its activities in Cyprus, it is obliged to notify the CRMD.

In case when employees are bound to be away for an official assignment for a period more than 3 months, which results to the immediate of their residence permit, will have to:

1)    obtain in advance a re-entry permit by the CRMD

2)    Before coming back to Cyprus to ensure a consular entry visa by the Embassy of the Republic abroad. If there is no Cypriot Consulate abroad, then the CRMD should be informed so that the re-entry is allowed.

3)    Persons whose TEMPORARY RESIDENCE PERMIT has been invalidated, should apply to the CRMD for a renewal as soon as they re-enter the country in order to renew their permit for the remaining period that their previous permit was valid for. No need for certificates etc except for a confirmation for the company that the person is employed within.

 RIGHT OF ACQUIRING IMMOVABLE PROPERTY IN CYPRUS BY THIRD COUNTRY NATIONALS

 For Non-EU nationals, the Acquisition of Immovable Property (Aliens) Law Cap 109 applies.

 Non-EU nationals are restricted as to the size and type of the property (other than land) that they wish to purchase- they are only entitled to purchase one of the following that is to say:

 1)    one apartment,

2)    one house,

3)    Or a building plot or land, up to 4,014 sq.m.

 Non-EU nationals must obtain the prior permission of the Cypriot Council of Ministers-recently delegated to the District Officer of each District.

 Cyprus Companies whose shareholders are EU-nationals, who live or work in Cyprus do not need a permit to own any kind of immovable property in Cyprus.

 Companies registered in EU member states do not need a permit to own land in Cyprus but need a permit to own a house/apartment.

 International Business Companies may purchase premises for business purposes and for the residence of their foreign employees provided that they have a fully fledged office in the Republic. The Council of Ministers (now the District Officer) may at times approve a larger piece of property by foreigners subject to the land being used for tourist development or if the land is in an area where the State intends to promote the tourist industry.  The same applies within the Industrial sector.


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