FAQ: How To Gt Residency In Cyprus?

How do I get temporary residency in Cyprus?

To apply for a Temporary Cyprus Residence Permit, you must submit the following documents: Temporary Residence Permit Application Form, completed and signed. Certificate of police clearance, issued from your country of residence within the past six months.

How much does it cost to get citizenship in Cyprus?

Cyprus. Cyprus is the other EU nation to offer a direct citizenship-by-investment route. The cost of the programme was slashed to 2m euros in March, partially in an effort to placate mostly Russian investors who lost money when Cyprus was forced to accept a strict European Union bailout.

How long can you stay in Cyprus?

you can travel to Cyprus for up to 90 days in any 180-day period without a visa. This applies if you travel as a tourist, to visit for family or friends, to attend business meetings, cultural or sports events, or for short-term studies or training.

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Can an EU citizen live in Cyprus?

EU Citizens are free to enter, leave, travel and live in Cyprus and may also engage in any economic activity, either as paid employees or self employed persons, service providers or engage in any educational opportunity in Cyprus, under the same conditions as Cypriot citizens.

How long does it take to get residency in Cyprus?

If you have been legally resident in Cyprus for: over 5 years, you will be eligible for permanent residency and a 10-year renewable residency document (MUKW3) less than 5 years, you will be eligible for a document with 5 years validity (MUKW1) non EU family members will be eligible for a MUKW2 document.

How much money do you need to live in Cyprus?

Family of four estimated monthly costs are 2,879$ (2,425€) without rent. A single person estimated monthly costs are 818$ (689€) without rent. Cost of living in Cyprus is, on average, 13.03% lower than in United States.

Can you buy Cyprus citizenship?

To obtain citizenship by investment in Cyprus, you must: Purchase real estate worth at least €2 million (excluding VAT). If you want to include your parents or your spouse’s parents: You must invest an additional €500,000 into your property purchase.

Is it expensive to live in Cyprus?

As a whole, the cost of living in Cyprus is comparable to European countries such as Poland, Hungary and Romania. Limassol is generally regarded to be the most expensive city on the island, ranking 166th out of 209 cities worldwide assessed for the 2020 Mercer Cost of Living Survey.

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Are cars cheap in Cyprus?

Buying a car in Cyprus New and used cars are more expensive to buy in Cyprus than the UK. It may be more cost-effective to purchase a car on the island, however, if excise taxes add up when shipping yours over. It’s worth noting that cars tend to retain their value more in Cyprus than they do in the UK.

Can you stay in Cyprus for more than 90 days?

British citizen passport holders do not need a visa to enter Cyprus when they plan to stay in the nation for a period, not exceeding three months. For visits that last longer than 90 days then you need to obtain a residence permit. For planned visits that exceed 90 days, you will need a visa.

What is the 90 day rule in Cyprus?

– a purpose of travel and accommodation in Cyprus; – an availability of sufficient funds for stay and return to the country of permanent residence; Pro-visa is issued for a single entry with the right to stay up to 90 days. Duration of stay may not exceed 90 days during any 180-day period.

What jobs are in demand in Cyprus?

Below are some of the most in demand positions in 2020 in Cyprus, according to data supplied by Eurostat:

  1. Nurses. Nurses are some of the most sought-after employees in the world.
  2. Auditors.
  3. Engineers.
  4. Dentistry.
  5. Software Development.
  6. Sales Executives.
  7. Pharmacists.
  8. Machine Operatives.

Can I migrate to Cyprus?

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. This scheme leads you to permanent residence in 1 year. To be eligible, you must purchase or rent a property in Cyprus.

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Can I still retire to Cyprus after Brexit?

Now that the UK has left the European Union, British citizens no longer have the right to settle in EU countries like Cyprus without a visa or residency documents. If you haven’t lived in Cyprus before and didn’t have residency documents before 31st December, certain restrictions will apply if you want to retire there.

Does Cyprus allow dual citizenship?

Dual citizenship Cyprus allows its citizens to hold foreign citizenship in addition to their Cypriot citizenship.

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