According to the current process, it is estimated that the period for the examination of the application does not exceed a period of 2-4 months. See how it works. A Long-Term Residence Permit has a five-year duration and is renewable. It grants them permanent residence in Cyprus with no right to work in this EU member country. Such funds should be proven to have been transferred to Cyprus from abroad. if (typeof(addthis_share) == "undefined") { Permanent Residence in Cyprus for Non-European Natives All the non-EU natives who are looking to stay permanently in the Republic of Cyprus can do so by only having an Immigration Permit. A non-EU resident needs to get an Immigration Permit to stay in Cyprus permanently. This do not guarantee the application's approval. Non-EU family members can receive a permanent residence card in another EU country after 5 years of continuous legal residence Permanent residence (>5 years) for non-EU family members - Your Europe Skip to main content If you already have a residence card it will not be valid after 30 June 2021. You can live on a temporary residence permit. EU nationals: right of residency. Permanent Residency in Cyprus for non-E.U nationals. Applications are submitted on the basis of one of the following categories: Persons who intend to work as self employed in a trade or profession in the Republic, provided that they have in their possession a relative permit, they have fully and freely at their disposal the required capital and that such an employment should not affect negatively the general economy of the Republic. The whole process is simple and fast. Under regulation 6(2) for Fast Track Permanent Residence Permit, for purchasers of real estate of a market value of over €300,000 + VAT. You should submit the application on the completed form along with all the necessary requirements. Towards the end of their 5th year of continuous legal residence your non-EU family members should apply for a permanent residence card in the EU country where you live.. If you fulfil this requirement, you can apply for a permanent residence document , which confirms your right to live in the country where you now live permanently, without any conditions . Cyprus Work Permit is granted to many specialized callings, or professions, or types of business that do not antagonize the local work force. On Friday, 18th of December 2020, the Department of the... Seychelles introduces New Beneficial Ownership Act. Cyprus residence visa. The most common category is Category F, which refers to the Standard Procedure of the Permanent Residence Permit. Note that Denmark, Ireland and the United Kingdom are not part of the EU long-term residency program. In fact, for permanent residence in Cyprus it is not necessary to obtain a permanent residence permit. WHY APPLY FOR PERMANENT RESIDENCY (PR)? In line with the Cyprus government’s objective to increase foreign investment, the Ministry of Interior has recently simplified the procedure for issuing Permanent Residency Permits to Non-EU nationals who wish to invest in Cyprus. Permanent Resident Permit for non-EU citizens. The permanent residence card is often issued free of charge (or for the same price as identity cards for nationals). Upon approval, the Immigration Permit shall not be cancelled provided that the applicant visits Cyprus at least once, every two years period. Cyprus Permanent Residence - Residency by Investment Requirements. Permanent Residence Permit for an EU Citizen and his/her Family Members also EU Citizens The application for the issue of a permanent residence certificate is submitted by an EU citizen and his/her family members who are also citizens of a Member State, after a five year period of uninterrupted legal residence in the Republic of Cyprus. if(window.addthis) { var addthis_config = {"data_track_clickback":true,"ui_atversion":300,"ignore_server_config":true}; It should be valid for 10 years and is automatically renewable without any condition or requirement. Applicants must have in place an Employment Contract with a Cyprus registered international company, providing for an annual salary of over €20,504. Cyprus residence visa. obtaining permanent residency through investment, Purchased in Cyprus one or two new real estate properties with total purchase cost of at least €300,000 (excluding VAT). If you’re looking to purchase a holiday home in Cyprus, then you needn’t worry about the issue of residency: your property automatically entitles you to 180 days a year in Cyprus for holiday purposes. Rescheduling the deadline for submission of Companies’ Annual Return Form (HE32), A.G. Paphitis & Co LLC further strengthens its Dispute Resolution and Corporate & Commercial teams with a new appointment. our lawyer arranges the permanent residency permit, for non EU residents. Residence permits for Cyprus [M61] - Forms for General Employment residence permit [M61] - Forms for Domestic Worker's Residence entry and working permit [M61] - Application for the renewal of temporary resident's permit; Forms for residence permit of third country national married with Cypriot; The Department of IT Services is not responsible for content on external webpages. To obtain permanent residence in Cyprus, investors from outside the EU have to spend at least €300,000 (HK$3.1 million) on a property. Don’t despair if your family doesn’t open the door for you. It does not expire; therefore, the holder does not need to renew it. This application is submitted concurrently with that for the issue of a Temporary Employment and Residence Permit to the first non-EU national employee. },1000) The application package for the issue of an Immigration Permit under Procedure 6(2), includes (and is not limited to) a number of documents such as title deed or purchase agreement for residential property and receipts of payments, evidence of a secure annual income and bank certificates for deposits etc. Applications are examined by the Civil Registry and Migration Department and are thereafter being submitted to the Minister of Interior for a final decision. var at_interval = setInterval(function () { The legal requirements for visiting or staying in Cyprus depend on whether the applicant is a European Union (EU) citizen or non-EU citizen, reason for entry into Cyprus, and intended duration of stay. All funds need to be transferred from abroad. var wp_product_version = "wpp-5.3.5"; var addthis_product = "wpp-5.3.5"; Main requirements needed to gain Permanent Residence Permit in Cyprus within 3 months:. In the United States, such a person is officially referred to as a Lawful Permanent Resident (LPR). TO APPLICANTS WHO ARE NON EU NATIONALS AND INVEST IN CYPRUS PROPERTIES LEGAL FRAMEWORK. The holder has access to employment in all international and local companies, and has the right to change employer. Non-EU nationals wishing to reside permanently in Cyprus can do so by applying for an Immigration Permit on the basis of one of the Categories mentioned below. You must have a work contract that’s either open-duration or for … Required documentation includes (and is not limited to) a valid Temporary Residence Permit, income tax returns for the last five years, a tax clearance certificate, a statement of social insurance contributions for the last five years, and bank account statements. By contacting us, you agree to AGP & Co's Disclaimer, as well as to receive occasional emails from us. If you have been in Cyprus for over 5 years you should apply for an MEU3 (permanent residency). The property’s market value shall be of at least €300.000 and the amount of at least €200,000 is paid already. 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: PROCEDURE FOR THE SUBMISSION AND EXAMINATION OF AN APPLICATION. You should, however, always submit originals or notarized copies of the documents. without recourse to the social assistance system of the host country) and fulfills some further requirements, as defined in Directive 2003/109/EC. The permanent residence permit in Cyprus. Answer: Setup of a company in Cyprus as such does not give the opportunity to get temporary residence permit. This is usually for a permanent period; a person with such status is known as a permanent resident. Submitting an application. These permits are granted on the basis of the following requirements. Applicants must have: Applications are reviewed by the Civil Registry and Migration Department and the Minister of Interior grants final approval. Exemption from immigration and Visa issues. Applications are submitted on Form M.67 to the Civil Registry and Migration Department or to the District Offices personally or through a legal representative. Applicants should hold the certificate of knowledge of the Greek language and history (employees of international companies are exempted when they apply for the first time). You cannot apply for a residence card after 11pm on 31 December 2020. Non-EU nationals can also apply for a permanent residence license if they can prove that they can provide for themselves and their families and if they have lived for 5 consecutive years in Cyprus. Close to their expiry, applications for renewal must be prepared and submitted to the Civil Registry and Migration Department. Those EU and non-EU residents who have continuously legally resided in Cyprus for 5 years can be granted permanent residency. How to get a residence permit in Switzerland as a Non-EU Citizen? The applicant must file, together with the application, a letter issued by any Bank operating in Cyprus confirming that he/she has a minimum deposit with such bank of €30.000, which shall remain on an account for at least a three year period. Non-EU family members such as a spouse and unmarried children under 18 years old can obtain a Resident Permit upon providing documentary evidence of the family relationship (e.g. } Main requirements needed to gain Permanent Residence Permit in Cyprus within 3 months: Purchase a Cyprus property worth over €300,000 +V.A.T. For non-EU nationals, Permanent residency in Cyprus provides unique advantages. It does not expire; therefore, the holder does not need to renew it. Persons who have been offered permanent employment in the country which will not create undue local competition. Resident Permit for … This Permit is granted for an indefinite duration to non-EU nationals who comply with the requirements of applying under each Category. The dependants of employed non-EU nationals (wife/husband and children under 18 years old) can also obtain Temporary Residence Permits through a separate application submitted under the Family Reunification process. At least €200,000 of the purchase cost must be settled, A secure and steady annual income transferred on a regular basis from abroad to a bank operating in the country. [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 var addthis_config = {"data_track_clickback":true,"ui_atversion":300,"ignore_server_config":true}; The property should be a first-time sale and may comprise of up to two housing units which must be purchased from the same developer. The EU long-term residence permit is a permanent residence title to live in an EU member country. To be eligible, you must purchase or rent a property in Cyprus. We provide residence permit for non-EU. In order for you to be entitled to such a temporary residence visit, you need to fall into one of the following two categories: 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. Litigation Success | AGP secures $1.4 billion Interim…. Examination and processing of applications takes around 2-3 months. In general, for the purposes of this specific type of immigration permit, no personal interviews are required. Permanent Residence in Cyprus (Category F), for Non-EU Nationals. It allows the holder to permanently reside in Cyprus without having to go through immigration procedures such as visas, or the issue and renewal of Temporary Residence … [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 Children and other relatives (including parents and parents-in-law) can also use family ties to get residence in many EU countries. Permanent Residence in Cyprus (Category F), for Non-EU Nationals. birth certificates). Properties can be 2 residences, or 1 residence & 1 … Persons who have fully and freely at their disposal a secure and regular annual income, which is high enough to provide a decent living in Cyprus without having to engage in any business, trade or profession. What is the difference between EMI and PI licensing? The Application must be followed by a Clean Criminal Record Certificate, issued by the relevant Authorities in his/her country of origin. Important information to have in mind • The Permit is granted for an indefinite duration. IPC EU MIGRATION SERVICES, a subsidiary of IPC International Group (IPC), specialize in offering Investments for non-EU Nationals including, EU Permanent Residency Permits and Immediate EU Citizenship Programs in Cyprus, Greece, Spain, Portugal, United Kingdom and Other Countries. There are different categories and procedures that apply to different cases of Non-Europeans who wish to acquire a Permanent Residence Permit (PR) in Cyprus and many reasons to do so. Citizens of third countries (non-EU and non- EEA) may apply for a Permanent Resident Permit upon at least 5 years of legal stay in Cyprus and having held a Temporary Resident Permit for the entire preceding period. }()); Rescheduling the deadline for submission of Companies’ Annual…. Non-EU family members, such as a spouse and unmarried children under 18 years old, of EU and EEA citizens residing in Cyprus can obtain a Resident Permit as a family member upon providing documentary evidence of family relationship (e.g. Cyprus residence and work permit for EU citizens. The above permits are issued within 7-10 working days after application submission. It is issued in one of the following cases: If you have lived in Cyprus with a Temporary Residence Permit for at least 5 years, during which time you did not leave Cyprus for longer than three months. It allows the holder to permanently reside in Cyprus without having to go through immigration procedures such as visas, or the issue and renewal of Temporary Residence Permits. They can be renewed upon expiry. Non-EU nationals have the option of staying in Cyprus, as visitors, for over 3 months period provided that they have successfully applied for such permit at the Civil Registry and Migration Department of Cyprus. Long-Term Residence. There has been a recent increase in the interest of third country nationals obtaining immigration permits in the Republic of Cyprus, as Cyprus is a popular and very appealing destination for third country nationals who would like to obtain a Permanent Residency Permit in an EU country. var addthis_share = {}; Permanent residence permit in Russian is often called permanent residence permit or permanent residence permit in Cyprus, i.e. Cyprus Permanent Residence Permit. The application package for the issue of the Temporary Employment and Residence Permit includes a number of documents such as a clean criminal record, medical insurance certificate, bank guarantee and medical examination results. Successful applicants should visit Cyprus at least once every two years. The applicant needs to submit the relevant Immigration Permit Application Form followed by a proof of property ownership (such as a Title Deed or a Contract of Sale, of a property in Cyprus, such as a house, apartment or other building). There has been a recent increase in the interest of third country nationals obtaining immigration permits in the Republic of Cyprus, as Cyprus is a popular and very appealing destination for third country nationals who would like to obtain a Permanent Residency Permit in an EU country. Non-EU nationals can be employed by a Cyprus registered international company, as long as more than 50 percent of its shareholders are foreign nationals. A Long-Term Residence Permit has a five-year duration and is renewable. Nationals from EU Member States have the right to enter Cyprus by simply showing a valid EU passport or ID Card without having to register upon arrival. Non-EU family members of a third country national who has prospects of applying for a permanent residency permit in Cyprus, can obtain a Resident Permit. The contract of sale must have been already submitted to the Department of Lands Registry of the district where the property is situated. our lawyer arranges the permanent residency permit, for non EU residents. Please note that Cyprus tax for non-residents implies that rental income is liable to both defence and income tax. } different names may be used for one concept. Residence permit in Cyprus by buying property. The property must be new, not resale. We are specialized in migration, overseas study, business visit, preparing visa application as well as providing the ideal property. The necessary minimum annual income is increased by €5.000 for each dependent person. It primarily requires an investment of a minimum of €300,000 + VAT on immovable property in Cyprus. Employment by companies owned by Cyprus or other EU nationals is subject to very restrictive regulations. Permanent Residence by 5 years of stay — Non-EU citizens who had resided legally and continuously in Cyprus for five years before the filing of the application and had for the entire pre-mentioned period valid Cyprus temporary residence card are entitled to apply for the so-called long-term residence permit. if (typeof(addthis_layers) == "undefined") { Cyprus Residency by Investment Program enables foreign investors to obtain a Cypriot permanent residence permit (PRP) in just 2 months through a property purchase from €300,000 (plus VAT). Permanent Residence does not entitle the applicant to Work Permit. If you’re looking to purchase a holiday home in Cyprus, then you needn’t worry about the issue of residency: your property automatically entitles you to 180 days a year in Cyprus for holiday purposes. What is the Cypriot Residence Permit For Non-EU Citizens? clearInterval(at_interval); Non-EU nationals are expected to invest at least 171,000 EUR in the company (which may be your own newly registered company) in order to be eligible to apply for temporary residence permit. You can live on a temporary residence permit. The Immigration Permit continues to be valid provided that the holder visits Cyprus at least once every two years. Welcome to the official website of Go Solid Co. Ltd. - Within this site you will find important information regarding our services which include: immigration services, permanent residence & EU passport procedures, real estate services, legal advice, and business consulting services. We are specialized in migration, overseas study, business visit, preparing visa application as well as providing the ideal property. Permanent residence - non-EU nationals. (function() { They should have adequate income from employment or/and other sources to support themselves and their dependants. var addthis_layers = {}; An expedited procedure which complements Category F enables the granting of an Immigration Permit to non-EU nationals who invest in Cyprus. Fulfilling your dream of an EU lifestyle has just been made possible by the Cyprus Government, which has recently announced that non-EU citizens making a minimum investment of € 300,000 in property on … The Beneficial Ownership Act (hereinafter “BO Act”) came into force... A lot of people believe “branding” is a new trend... A.G. Paphitis & Co LLC further strengthens its…. It is with great pleasure to announce that our law... Tax Identification Number (TIN) in Belize. As an EU national, you automatically acquire the right of permanent residence in another EU country if you have lived there legally for a continuous period of 5 years. The Permanent Residence Permit for Cyprus is valid for up to five years, and can be renewed before it expires. The Civil Registry and Migration Department may discretionary reject an applicant in case that he/she may constitute any threat against public order or security in Cyprus. It is also known as a Cyprus immigration permit or unlimited residency. PROPERTY INVESTMENT ONLY 300,000 EUROS Guaranteed Fast track straight-forward procedure FOR THE ENTIRE FAMILY PARENTS – CHILDREN – GRAND PARENTS Cyprus Permanent Residence Permit covers the whole family including dependents and parents of the applicant and … If you wish to obtain permanent residency in Cyprus and you are willing to invest in the country, you may apply for a permanent residence permit (Category F) through the standard procedure. The Republic of Cyprus shall issue family members who are not citizens of a Member State entitled to permanent residence a PermanentResidence Card valid for 10 years which shall be renewable automatically every 10 years from the date of issue upon request of theperson concerned and with the payment of a fee of €20. Foreign citizens may make an application to obtain an Immigration Permit on the basis of one of the Categories referred to in Regulation 5 of the Aliens and Immigration Regulations of 1972. Applicants must have: − Purchased in Cyprus one or two, new real estate properties with total purchase cost of at least €300.000 (excluding VAT). In 2020, High Net Worth Immigrants can apply for a Cyprus EU Permanent Residency Permit through a simple and fast property investment in an apartment or villa anywhere in Cyprus, including Larnaca, Limassol or Paphos! (5%) Create a long-term deposit in a Cypriot bank of €30,000 which will be pledged for at least a five year period. Foreign citizens may make an application to obtain an Immigration Permit on the basis of one of the Categories referred to in Regulation 5 of the Aliens and Immigration Regulations of 1972. Non-EU nationals wishing to reside and work in Cyprus need to apply to the Civil Registry and Migration Department for a Temporary Employment and Residence Permit. It is notable to say that provided that all criteria are fulfilled and no further questions arise with respect to the Criminal Record of the applicant, or Public Order, applications examined in a friendly, positive and cooperative spirit. 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. Note that Denmark, Ireland and the United Kingdom are not part of the EU long-term residency program. Examination and processing of applications takes around 12 months. A Long-Term Residence Permit is granted to non-EU nationals who have resided legally and continuously in Cyprus for a period of at least five years. var addthis_plugin_info = {"info_status":"enabled","cms_name":"WordPress","plugin_name":"Share Buttons by AddThis","plugin_version":"5.3.5","anonymous_profile_id":"wp-e49304e9d180425c2fbddec942c30ca0","plugin_mode":"WordPress","select_prefs":{"addthis_per_post_enabled":true,"addthis_above_enabled":false,"addthis_below_enabled":true,"addthis_sidebar_enabled":false,"addthis_mobile_toolbar_enabled":false,"addthis_above_showon_home":false,"addthis_above_showon_posts":false,"addthis_above_showon_pages":false,"addthis_above_showon_archives":false,"addthis_above_showon_categories":false,"addthis_above_showon_excerpts":false,"addthis_below_showon_home":false,"addthis_below_showon_posts":true,"addthis_below_showon_pages":false,"addthis_below_showon_archives":false,"addthis_below_showon_categories":false,"addthis_below_showon_excerpts":false,"addthis_sidebar_showon_home":false,"addthis_sidebar_showon_posts":false,"addthis_sidebar_showon_pages":false,"addthis_sidebar_showon_archives":false,"addthis_sidebar_showon_categories":false,"addthis_mobile_toolbar_showon_home":false,"addthis_mobile_toolbar_showon_posts":false,"addthis_mobile_toolbar_showon_pages":false,"addthis_mobile_toolbar_showon_archives":false,"addthis_mobile_toolbar_showon_categories":false,"sharing_enabled_on_post_via_metabox":true},"page_info":{"template":"posts","post_type":""}}; In Directive 2003/109/EC already submitted to the Minister of the EU long-term residency program not require every! 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