PERMANENT RESIDENCE IN CYPRUS
Are you interested in a residence permit? Of course, we can assist you as we have years of experience in the Cyprus Immigration law. Cyprus Permanent Residency can be obtained through purchasing property or legally residing in Cyprus for a continuous period of more than five years. To obtain a Permanent Residency Permit in Cyprus, one can either purchase a property in Cyprus (the fast-track option) or after legally residing in Cyprus for a continuous period of more than 5 years, an individual and his or her family members may apply for the permit. This process may be completed within just 2 months and will grant investors European residency in a safe and secure jurisdiction which vaunts one of the lowest crime rates in the European Union.
Moreover, Cyprus offers a very cost-effective tax regime, with favorable tax rates and an extensive network of double tax agreements.
A highly attractive benefit of Cyprus Permanent Residency for non-European nationals is the ability to travel within Europe. The permit will grant them the right to visa-free access to a number of Schengen countries.
Permanent Residence Permit for European Citizens (Yellow Slip).
The Yellow Slip is the permit required for European citizens seeking to reside and work in Cyprus, thus spending more than 3 months in the country.
Within just 12 working days, the Yellow Slip programme grants European citizens the opportunity to settle and work in Cyprus permanently without the need to renew the permit.
The applicant may also include members of the family who will be able to reside and work in Cyprus. Family members who are non-European nationals will become eligible for the Pink Slip a temporary and renewable document which is valid for 5 years.
Permanent Residence Permit for non-European citizens residing in Cyprus (Pink Slip)
Third Country Nationals may apply for a Permanent Resident Permit upon legally staying in Cyprus for at least 5 years and having held a Temporary Resident Permit for the entire preceding period.
Family members of non-European citizens living in Cyprus who are non-European citizens themselves may also apply for a Permanent Residence Card which is valid for 5 years and can be extended.
