Cyprus is a very welcoming destination for foreign investors but for natural persons as well. In order to live in Cyprus, non-residents must apply for residence permit. According to the new law, however, people buying property in Cyprus have the right to obtain a residence permit. Since Cyprus is an EU member state, EU residents are not required to apply for residence permits, but for non-EU citizens obtaining a residence permit is necessary and they can opt for a temporary residence permit or for a permanent residence permit provided some conditions are met.
Non-EU citizens applying for a Cypriot temporary residence permit must know that they need to submit their application with the Civil Registry and Migration Department and that the residence license usually has one to four-year validity. In order to apply for a residence permit in Cyprus the following documents must be submitted:
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. Permanent residence permits in Cyprus have categories and requirements exist for each category as follows:
The following documents must be submitted in order to receive a permanent residence permit in Cyprus:
Non-EU citizens can obtain a long-term residence permit if they have lived in Cyprus for five uninterrupted years. Long-term residence permits in Cyprus are valid for five years and can be renewed. Applicants for long-term residence permits must be aware that they will have to prove they have the means to provide for themselves and for their families and adequate housing. The applicant must submit the following:
Other documents can also be asked from the applicant. The process for obtaining a long-term residence permit takes about six months.
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