Our Services

 

Cyprus is a popular destination for families, business people and retirees wishing to relocate either temporarily or permanently as it boasts a high standard of living, good quality schools and universities, low crime rates, low taxes and exceptional weather all year round.

Our experienced team of professionals possess the local knowledge and professional expertise to provide advice on the right immigration permit for you. We offer our clients a guided approach to the entire process of legally residing or working on the island.

Areas of work include:

  • Citizenship applications
  • Employment permits
  • Permanent residence permits
  • Immigration permits
  • Visas

 

More details

TEMPORARY RESIDENCE PERMITS

Cyprus temporary residence permit allows Non-European Union passport holders to extend their stay in Cyprus for more than 3 months. Under this permit, a person is allowed to live in Cyprus as a visitor (without the right to work). Also, his family members, spouse, and children (under 18 years old), can get the temporary residence permit as dependants. It is important to note that the holder cannot stay out of Cyprus for more than three months continuously as the permit would be cancelled automatically. Also it is valid for one year and can be renewed annually. In order to be eligible for this type of permit, the applicant mainly needs to show adequate income from abroad to cover living expenses while residing in Cyprus (estimated about € 25,000 – € 30,000 for a three-member family) and either rented or bought a house or apartment in Cyprus.

PERMANENT RESIDENCE PERMIT (FAST-TRACK)

By investing in residential real estate in Cyprus, non-EU citizens have the option to attain EU residency within two months through the Cyprus Permanent Residency on a fast track basis application, known as a Regulation 6 (2). EU residency through programmes such as this are becoming an attractive option for non-EU citizens who want a permanent link with the EU.

The most common way to obtain this is type of permit is to purchase of a house or apartment from a development company (first sale), at a value of at least €300,000 (plus VAT).   The following criteria must also be satisfied:

  • Maintain secured annual income originating from abroad of at least €30,000. In order to add a dependent to the application for permanent residency (such as wife and children), the minimum amount of the secured annual income is increased by €5,000. The income may be from overseas employment, pensions, interest on fixed deposits or rents from abroad.
  • An initial payment of at least €200,000 (excluding VAT) for the residential property to be purchased, is required to have been paid by the date of filing of the application;
  • A clean criminal record certificate issued by the applicant’s country of origin;
  • A statement/affidavit confirming that the applicant has no intention to work or be engaged in any form of business in Cyprus;
  • The applicant must visit Cyprus at least once every two years;
  • It is important to keep in mind that holders of a permanent residency permit are not permitted to work in Cyprus.

Our team is pleased to manage the entire process of arranging the Temporary or Permanent Residence application, documentation review, visiting the immigration department with client and liaising with the authorities

Check below our services

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Administration & Secretarial Services

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Fiduciary Services

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Bank Account Opening in Cyprus

We can assist an individual or a legal entity with the bank account opening without the need of travelling to Cyprus.

Immigration and Migration Services

We offer our clients a guided approach to the entire process of legally residing or working on the island.

Why Choose Us?

Contact us today to learn more about how we can add value to your business