Immigration and residency process in Cyprus
We, Elina Almanova Law Office, have been proudly providing our clients with high quality legal services in Cyprus since our establishment in 2006. Our specialization includes immigration law, real estate matters and commercial law, including tax matters. Thanks to our professionalism and high level of expertise in these areas, we have been successful in solving our clients’ most complex problems.
Immigrating to Cyprus and obtaining residency and citizenship on this beautiful island really appeals to many people. Here’s why:
1. Excellent Climate
Cyprus is renowned for its mild Mediterranean climate with warm summer months and mild winters. This makes the island an attractive place to live all year round, where you can enjoy the sun and sea.
2. Comfortable living conditions
Modern infrastructure, quality medical services, a high level of education and a safe environment make the island an attractive place to live and raise a family.
3. Business Opportunities
Cyprus offers an attractive business environment, including low taxes, simple company registration procedures and access to European and international markets. This makes the island an attractive destination for entrepreneurs and investors.
4. Mechanisms for Obtaining Citizenship and Residence Permits
The island offers various immigration programs that allow foreign nationals to obtain residency or citizenship based on investments, real estate purchases, retirement programs, and other categories.
Process of Obtaining Citizenship and Residence Permit
Obtaining a Residence Permit:
– Choose the right immigration program for you.
– Gather the necessary documents.
– Apply for a residence permit.
– Reviewing the application and receiving a decision.
– Obtain a certificate of registration for the person.
Getting Citizenship:
– Prepare all the necessary documents.
– Live a certain amount of time on the island with a temporary residence permit.
– Apply for citizenship.
– Examination of the application and, in case of a positive decision, obtaining Cypriot citizenship.
There are 2 types of residence permits:
1.Temporary Residence Permit (TRP):
• Period of Validity: A temporary residence permit is valid for a certain period of time, usually between 1 and 3 years. After this period it can be extended.
• Restrictions: Holders of a residence permit are limited in their right to work and other social privileges, unlike citizens and permanent residents.
• Renewal Procedure: Once a residence permit expires, it can be renewed by submitting the required documents and paying the appropriate fees.
2.Permanent Residence Permit (PRP):
• Term of Validity: A permanent residence permit has no time limit and is valid indefinitely. However, it requires periodic renewal every 5 years.
• Rights and Privileges: Permanent residence permit holders have the right to work, study, access to health services and other social privileges, and can apply for citizenship after a certain period of residence.
• Renewal Procedure: In order to renew your permanent residence permit, you must provide proof of your residency and social status and pay the appropriate fees.
The choice between temporary and permanent residence permits depends on your individual circumstances and future plans. Each type has its own advantages and limitations, so it is important to evaluate them carefully before making a decision.
Criteria and conditions for obtaining Cypriot citizenship
1. Legal Employment:
It can be difficult for foreign nationals to obtain official employment in Cyprus due to restrictions imposed by national legislation. However, it is still possible under certain conditions.
2. Relocation for Education:
Admission to educational institutions entitles you to live and work on the island. However, it should be taken into account that most of the educational institutions specialize in tourism and the studies may be in Greek or English.
3. Starting Your Own Business:
Entrepreneurs can obtain a residence permit by investing in a business in Cyprus. Registering a company and hiring local employees can speed up the process of obtaining a residence permit.
4. Investing in the Economy:
An investment in the Cypriot economy of two million euros or more can lead to Cypriot citizenship. This also applies to the investor’s family and the invested funds can be returned after 5 years.
5. Buying or Renting Real Estate:
If you buy or rent a property on the island for a certain amount of money, it is also possible to obtain residence permits for yourself and family members.
6. Marriage or Family Reunion:
Marriage to a Cypriot or Cypriot woman or family reunification may also be grounds for citizenship or residence permits.
Each of these options has its own unique benefits and requirements. It is important to thoroughly explore all options and choose the most appropriate option for your goals and circumstances. If necessary, it is advisable to consult legal experts or immigration specialists for further information and advice.
The process of applying for Cypriot citizenship
Documents required to obtain Cypriot citizenship may include the following:
1. Passport and Documents: IDs: Scans or copies of the applicant’s passport and other identification documents.
2. Birth Certificate: An official document proving the applicant’s place and date of birth.
3. Divorce Documents (if available): In the case of marriage or divorce, providing appropriate documents.
4. Health Certificates: Medical certificates proving the absence of infections or diseases.
5. Investment Documents: Documents proving the investment under the selected citizenship program.
6. Certificate of Non-Conviction: A certificate from the applicant’s country of residence stating that the applicant has no criminal record.
7. Photographs: Passport photographs of the applicant.
8. Residency documents in Cyprus (depending on the program): Proof of residency such as utility bills, rental agreement and other documents.
9. Investment Program Documents: Documents confirming the investment, such as sales contracts, bank statements and others.
It is important to note that specific documents may vary depending on the investment program chosen and the individual circumstances of the applicant. Our attorneys are ready to provide detailed advice and assistance in gathering the necessary documents to successfully obtain Cypriot citizenship. Any documents issued to you outside the Republic of Cyprus must be translated into Greek or English and notarized.
Conclusion
Of course, in each specific case, immigration to Cyprus may require the collection of additional certificates and documents. In addition, there are various subtleties and unforeseen difficulties. To ensure that everything goes smoothly and ends with 100% success, we are ready to advise you on immigration law. Give us a call or send us a message!
