Processing Time
5-7 weeks
Cost
€70 application fee + €70 residence permit fee per person
Duration
1 year initial, up to 3 years total
Work Rights
Remote work for foreign employers only - no local employment
Renewability
Renewable for 2 additional years
Path to Permanent Residence
No
Requirements
- 1Minimum €3,500 net monthly income from abroad
- 2Remote work contract with foreign employer or own overseas company
- 3Valid passport (3+ months validity after arrival)
- 4Health insurance with full coverage in Cyprus
- 5Proof of accommodation (rental or ownership)
- 6Clean criminal record certificate
- 7Medical certificates (HIV, Hepatitis B/C, syphilis negative)
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