Cyprus has aligned its legislation on immigration with EU directives regarding the entry, stay, self-employment and study of third country nationals. Third country nationals are the citizens of countries outside the European Union. Third country nationals are also allowed to apply for a long-term residence permit after living in Cyprus for at least five uninterrupted years. Cyprus has also signed the Schengen agreement and is in the pre-implementation evaluation process. Also, all other visa requirements are aligned with all EU requirements.
In May 2013, the Ministry of Interior in Cyprus announced that immigration permits for third country nationals are available provided that they meet certain requirements. Among these requirements are:
All amounts of money must be deposited from abroad.
For immigrants purchasing property in the name of a company they own, the foreign company is allowed to buy two housing units, or a housing unit and storage facility with an 100 square meters area, or a housing unit and an office space with a 250 square meters area. However, for complete details about the requirements for foreign legal persons purchasing real estate please contact our lawyers in Cyprus.
Cypriot immigrants must also meet certain quality criteria when applying for a residence permit. These criteria are:
Foreign citizens immigrating to the country may be shareholders in a Cypriot company.
Foreign citizens must submit the following documents with the Immigration Department in Cyprus when applying for a residence permit:
Considering that other additional documents may be required we invite you to contact our Cypriot lawyers in order to find out other requirements when immigrating to the country.
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