Cyprus Residence and Work Permit
Granting of immigration permit to third country nationals under certain income criteria and the expedite procedure for applicants who acquire residence in Cyprus for private use.
This document provides information on the process which must be followed by third country nationals who wish to acquire immigration permit in Cyprus. It focuses specifically on applicants on Category “F” of the Regulation 5 of the Aliens and Immigration Regulations and the Government’s policy which provides favorable treatment, on applications of Category F, for third country nationals who purchase private residence in Cyprus the value of which is equal to or above the amount of €300000.
1. What is the immigration permit?
The immigration permit is equivalent to a permanent residence permit in Cyprus and its holders are exempted from the time-consuming immigration formalities required from other categories of third country nationals arriving in Cyprus (eg consular visa, residence permit renewals, re-entry permits, etc.). Category F, according to the Regulation 5 (f) of the Aliens and Immigration Regulations of 1972 to 2004, concerns third country nationals who de jure have to their full and free disposal, a secured annual income of adequate amount, not earned from employment or self-employment in Cyprus but earned abroad.
B. CATEGORY F
1. What is stated on Category F of the regulation 5 of the Aliens and Immigration Regulations?
Category F states that: “Persons who possess and have fully and freely at their disposal a secured annual income, high enough to give them a decent living in Cyprus, without having to engage in any business, trade or profession. The annual income required should be at least €9568, 17 for a single applicant and moreover at least €4613,22 for every dependent person, but the Immigration Control Board may demand additional amounts as necessary. Most applicants come under this Category, the majority of them being pensioners or retired persons.”
2. Who can apply for immigration permit, under Category F?
Persons who satisfied the above conditions might apply for immigration permit.
3. What documents are required for the said application?
Apart from the relevant application form, known as M67, which is available for download at the Ministry of Interior website: http://moi.gov.cy
/, the applicant must submit the following documents:
1. Copy of valid passport
2. Copy of valid temporary residence permit (if the applicant resides in Cyprus)
3. C.V (including academic qualifications)
4. Bank Accounts Statements in Cyprus and abroad (original)
5. Income declaration from sources other than employment (original documents and affidavit)
6. Title of ownership or rental agreement (original or true copy). If the title of ownership has not been obtained yet, the applicant must submit the deed of sale and proof of payment.
7. Health Insurance Policy (if the applicant resides in Cyprus)
8. Criminal Record Certificate (if the applicant resides abroad, official translation duly validated from his country)
Please be advised that the Ministry reserves the right to request additional documents at its discretion
4. Where to submit the application in Cyprus?
The M67 application and the above documents are submitted at the Civil Registry and Migration Department directly or through the District Aliens and Immigration Branches of the Police. It must be noted that the Civil Registry and Migration Department requests the original documents regarding the income of the applicants.
5. Where to submit the application if you live abroad?
Applicants who are abroad may submit an application directly to Cyprus, as stated above, or through the local Consular Authorities of the Republic of Cyprus.
6. What are the fees for the application?
The fees for granting of an Immigration Permit amount to €119,60 and are paid against a receipt following the approval of the application and before the issue of the Immigration Permit. An additional amount of €46,13 required for any additional depended person after the permit is obtained.
7. Who is examined the application?
The applications are examined by the Immigration Control Board which submits a relevant suggestion to the Minister of Interior for a decision to be taken.
8. How long does it take for a decision to be made?
Usually it takes up to a year for a decision to be made, counting immediately after all documents are submitted.
C. CATEGORY F-PREFERABLE TREATMENT
1. What is the relation of the preferable treatment with category F?
The Council of Ministers at its meeting of 18.02.2009 was briefed about a plan of favorable treatment of applications for immigration permit, under the conditions of Category F, as these are defined by the Aliens and Immigration Regulations of 1972 to 2004 (please see above), to third country nationals who purchase homes for private use in Cyprus and the price of which is equal or more than €300000.
2. What does it mean “favorable treatment”?
Favorable treatment means that applicants who satisfied the criterion of Category F and additionally purchased a house at the price of €300000 or more, their application will be expedited.
It also must be noted that people who are abroad and their immigration permit is approved, are obliged, under the regulations, to come in Cyprus for permanent residence within a year from the date that their immigration permit is approved. People also who stay outside the Republic of Cyprus for at least two years are losing the right of their permanent residence in Cyprus.
3. What is the procedure that is followed?
The procedure that is followed for applicants on Category F- preferable treatment is identical with the one which is described above with the exemption that in this case the applicant must additionally submit:
a. The title of the house/residence (the price of which is equal to €300,000 or more) or,
b. The purchased contract together with evidence that it has been paid in full
4. Who examines the application and how long does it take for a decision to be made?
All applications which belong to this Category are reviewed by the immigration control board which meets for the purpose (usually every six- months) and makes suggestions to the Minister of the Interior for a decision to be taken.
5. Does the applicant need a lawyer and what is the name of the relevant law?
Practically speaking is upon the applicant to decide whether s/he will need the assistance of a legal advisor for this procedure. The name of the relevant law is “on Aliens and Immigration Law”
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