Residence Permit in Cyprus - Temporary Stay

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The Ins and Outs of a Residence Permit in Cyprus

A temporary residence permit in Cyprus is required if you are staying longer than 90 days and must be applied for at least one month in advance. Normally your lawyer in Cyprus will arrange your application and delivery of the permit. However, below are the requirements for this permit.

Residence permit in Cyprus - Various types:

Category A: Self-employed in agriculture. The possession of adequate land, or of a permit to acquire such land, together with a capital of at least C£250,000 are required.

Category B: Self-employed in mining. The possession of a mining permit and a capital of at least C£200,000 are required.

Category C: Self-employed in a trade or profession. For persons intending to deal with a trade or business, a capital of at least C£50,000 is required.

Category D: Self-employed applicants under this category are required to have academic or professional qualifications for which there is a demand in Cyprus.

Category E: Offer of permanent employment. Persons to whom permanent employment is offered which is in the interest of the economy of the island and does not create local competition.

Category F: Not working (e.g. retired). Persons wishing to reside in Cyprus and have a secure annual income, high enough to provide them with a decent living without having to engage in any business or profession. An annual amount of around C£6,000 per person is usually considered sufficient.

If you come under category F permit, this requires you to prove you are able to support yourself and your dependants financially from external sources and you are NOT allowed to work in Cyprus, either full or part-time.

Documentation and information required when applying for a temporary residence permit in Cyprus at your nearest Immigration Office.

Your passport, which must have at least one year's validity remaining before it expires.
Four passport photographs for each application.
Your birth certificate(s) and marriage certificate, if applicable.
Proof of income with authenticated bank statements from your bank in Cyprus. Annual income needs to be around C£6,000 per person and around C£3,000 for each dependent. Alternatively, proof of income from your home country's bank, verifying you have sufficient funds to support you and your family.
Medical insurance cover, either private or cover by Cypriot social insurance. (THE PROBLEM HERE IS THAT THE CYPRUS MEDICAL CARD WILL NOT BE ISSUED UNTIL ONE HAS A RESIDENCE PERMIT!). Meaning you will need private medical insurance at least until you receive your residence permit.
Proof of Cyprus residence by either, title deed of property owned, or contract of sale, or contract of rental.
A completed application form (M.61) and C£25 in cash for each application.
Copies of the above documents.
Separate copies of documents and application forms for all dependants.

NOTE: A residence permit in Cyprus can be applied for if you purchase a property OR if you rent a property.

NOTE: Each case is examined individually, taking into account all the circumstances involved.

NOTE: After you have lived here for more than five years, you may apply for a permanent residence permit.

For further information on residence permits in Cyprus contact us or please contact:

Joanna Koukounis - Lawyer - Legal Consultant - in Paphos, Cyprus.

Tel: 00357-26944077 E-mail: koukjoan@spidernet.com.cy

Click below links for any information page.

Cyprus Property Lawyer - Real Estate Agents in Cyprus - Transfer Tax-fees - VAT

Stamp Duty - Council of Ministers - Bank of Cyprus - Mortgages in Cyprus

Immovable Property Tax - Capital Gains Tax

Cyprus Income Tax - Work Permit in Cyprus - Overseas Mortgages

Transfer Money to Cyprus

Andrew Sharpe, a British expatriate, has been living in Cyprus since 1977. He is married to a Cypriot and has four children. Thanks to the many years he has lived in Cyprus, he is able to offer a hands-on approach to the many unknowns that may await any prospective resident, providing a very relaxed helpful, information service for property sales. Cyprus property has offices in all the island's major towns, i.e. Nicosia, Limassol, Paphos/Pafos, Protaras, Larnaca/Larnaka and Platres. Details on property finance, property sales, laws on purchasing property in Cyprus. Regular web site updates.

E-mails replied to within 24 hours.

Cyprus Fax/Tel 0035725571715 Mobile 00357 99537985 E-mail andrew@cyprusprop.com

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