The required income of €30.000 could derive from salaries of employment abroad, dividend payments, contractual remunerations, pensions, shares, rents, etc. 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. Upon approval, the Immigration Permit shall not be cancelled provided that the applicant visits Cyprus at least once, every two years period. The EU long-term residence permit is a permanent residence title to live in an EU member country. Permanent Residence Permit gives a third party national, the legal right to stay in Cyprus permanently. 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. All funds need to be transferred from abroad. 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. 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 . Family Law & Matrimonial, Wills & Probate, Trusts. 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":""}}; They can be renewed upon expiry. Applicants should be able to present an employment contract of at least 18 months’ duration. This implies that foreigners, for the most part, don’t need to pay this tax until the point when they have lived here for 17 years. Does Cyprus law allow wills to be signed…. var wp_product_version = "wpp-5.3.5"; You must have a work contract that’s either open-duration or for … The Immigration Permit continues to be valid provided that the holder visits Cyprus at least once every two years. clearInterval(at_interval); In the United States, such a person is officially referred to as a Lawful Permanent Resident (LPR). Here are 18 other ways that you might use to move to the EU. var addthis_product = "wpp-5.3.5"; The applicant should further submit a Declaration that he/she does not intent to work or be engaged in any form of business in Cyprus. This application is submitted concurrently with that for the issue of a Temporary Employment and Residence Permit to the first non-EU national employee. By investment or the purchase of property, your Cyprus residency is at hand. We are specialized in migration, overseas study, business visit, preparing visa application as well as providing the ideal property. A lifetime chance to settle in the Europe as Cyprus is an EU member country itself. Long-Term Residence. Note that Denmark, Ireland and the United Kingdom are not part of the EU long-term residency program. addthis.layers(addthis_layers); 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.. 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. Permanent Residency by Investment An individual who invests €300,000 or more (plus VAT) in buying a new house or apartment from a property developer can be granted permanent residency. Applicants must have: − Purchased in Cyprus one or two, new real estate properties with total purchase cost of at least €300.000 (excluding VAT). It will be valid for one year and renewed semi-automatically provided your company is doing business and you … Cyprus provides an ideal destination for non-EU individuals wishing to acquire Permanent Residence Permit in an EU country. The permanent residence permit in Cyprus. They should have adequate income from employment or/and other sources to support themselves and their dependants. } Please visit our Immigration section for more details. Our Firm has since 1979 been offering highly specialized Cyprus Immigration services for Work Permit, long stay visa, passport and permanent residence. TO APPLICANTS WHO ARE NON EU NATIONALS AND INVEST IN CYPRUS PROPERTIES LEGAL FRAMEWORK. An expedited procedure which complements Category F enables the granting of an Immigration Permit to non-EU nationals who invest in Cyprus. Please note that Cyprus tax for non-residents implies that rental income is liable to both defence and income tax. Permanent residence permits in Cyprus have categories and requirements exist for each category as follows: our lawyer arranges the permanent residency permit, for non EU residents. Applications are reviewed by the Immigration Control Board and the Minister of the Interior grants final approval. You cannot apply for a residence card after 11pm on 31 December 2020. Applications are examined by the Civil Registry and Migration Department and are thereafter being submitted to the Minister of Interior for a final decision. 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. if(window.addthis) { our lawyer arranges the permanent residency permit, for non EU residents. Permanent residence permit in Russian is often called permanent residence permit or permanent residence permit in Cyprus, i.e. },1000) The permanent residence permit in Cyprus 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. 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. (function() { EU nationals: right of residency. var wp_blog_version = "4.9.16"; Cyprus Work Permit is granted to many specialized callings, or professions, or types of business that do not antagonize the local work force. different names may be used for one concept. Cyprus residence visa. Permanent Residence in Cyprus (Category F), for Non-EU Nationals. Find out more about Permanent Residency with us! It is also known as a Cyprus immigration permit or unlimited residency. 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. Permanent Resident Permit for non-EU citizens. Purchase a Cyprus property worth over €300,000 +V.A.T. See how it works. 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. 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. 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. Properties can be 2 residences, or 1 residence & 1 … 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. The above permits are issued within 7-10 working days after application submission. if (typeof(addthis_layers) == "undefined") { It grants them permanent residence in Cyprus with no right to work in this EU member country. 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. Children and other relatives (including parents and parents-in-law) can also use family ties to get residence in many EU countries. A Long-Term Residence Permit has a five-year duration and is renewable. 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 most common category is Category F, which refers to the Standard Procedure of the Permanent Residence Permit. 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. Main requirements needed to gain Permanent Residence Permit in Cyprus within 3 months: Purchase a Cyprus property worth over €300,000 +V.A.T. Once the PRP has been granted, applicants are required to visit Cyprus … Answer: Setup of a company in Cyprus as such does not give the opportunity to get temporary residence permit. 9. 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 … 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. 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. But a permanent residence permit is more convenient, because … 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. WHY APPLY FOR PERMANENT RESIDENCY (PR)? Such funds should be proven to have been transferred to Cyprus from abroad. 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 can live on a temporary residence permit. 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. 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. In general, for the purposes of this specific type of immigration permit, no personal interviews are required. 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. The applicant must have proof of stable annual income of at least €30.000, from such sources other than employment in Cyprus. 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. Permanent residence - non-EU nationals. 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. It does not expire; therefore, the holder does not need to renew it. 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