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  1. Eligible businesses: 
  • Cyprus of foreign interests’ companies. For a company to employ non E.U. nationals it must be a Cyprus company of foreign interests. A company is considered to be of foreign interests when the majority of the company’s shareholders are non-E.U. nationals. In the case of shareholders whose beneficial owners are foreign companies, evidence of identity of ultimate beneficial owner/s should be submitted with the Authorities. 
  • Public companies registered on any recognised stock exchange. 
  • Companies of international activities (formerly off-shore), which operated before the change of regime, whose data are held by the Central Bank of Cyprus. 
  • Cypriot shipping companies. 
  • Cypriot high-tech/innovation companies.  An enterprise qualifies as ‘High Technology Company’ if: 

(a) it is already established and has a presence in the market, and 

(b) it has a high level or experimental R&D intensity, and 

(c) it developed product/s that fall into one of the following categories: products related to aviation and space industry, computers, electronic and telecommunication products, pharmaceuticals, biomedical, research and development equipment, electrical machinery, chemicals, non-electrical machinery. 

  • Cypriot pharmaceutical companies or Cypriot companies active in the fields of biogenetics and biotechnology. 
  • Companies of whom the majority of the total share capital is owned by persons who have acquired Cypriot citizenship by naturalization based on economic criteria, provided that they prove that the conditions under which they were naturalized continue to be met.
     
    2. Conditions: 

    a.
    The company should operate from their
    self-contained offices in Cyprus, which should be located in suitable distinct premises, not part of a private residence or another office, except from cases of companies that share lodging. 
    b. The shareholder of the Company should inject the amount of €200.000 to the Company’s bank account. The amount should come from abroad.  
    c. The company will have to apply for an approval and provide, between others, the following:  
               i. Constitutional documents  
              ii. Profile describing the nature of the company’s business and activities  
             iii. Documents evidencing the chain of ownership 
             iv. Title deed or rental agreement of their office premises  

The necessary registrations for the establishment of the company will be completed within seven (7) working days from the date of submission of all the necessary documents. 

         3. Employees: 

A non E.U. national, subject to the relevant qualifications and experience, can be employed based on the following criteria: 

                   i. The minimum acceptable monthly gross salary is €2500. 

                  ii. Minimum Employment duration is two years. 

                 iii. Applicant must be at least 24 years old with suitable qualifications evidenced by relevant documentation or with minimum professional experience of two years to similar to the position offered.  

GENERAL NOTES: 

  • The registration of the first employee can take place only following the approval and registration of the company at the Migration Authorities.  
  • The employment permit for non-E.U. nationals is issued for a maximum of two years and may be renewed at such intervals indefinitely. 
  • The company, subject to its annual turnover and business activities, should comply with the following split: 30% Europeans and 70% third country nationals as from the beginning of 2026.  
  • List of documents for company and personnel may be provided upon request. 

In accordance with the decision of the Council of Ministers on October 15, 2021, the initiation of the Digital Nomad
Program was approved in Cyprus with a limit of issuing 100 residence permits.

THE "DIGITAL NOMAD VISA of Cyprus"

According to this Program third-nationals outside the EU in the EEA have an opportunity:

  • Fulfil their work regardless of the place of work through the use of telecommunication technologies.
  • Temporarily live in Cyprus and work for a company located/registered abroad.
  • Carry out labor activities via the telecommute, providing services for companies or clients located in foreign
    countries.

The purpose of this program is to develop and intensify Cyprus as a center that provides electronic services. Engaging
Digital Nomads, in combination with other advantages of Cyprus, will help to raise and enhance the business ecosystem,
in particular, and the country's economy, in general.

The Cyprus Digital Nomad Visa Program is part of the Strategy for Attracting Businesses to operate/or Expand Activities
in Cyprus.

A visa can be provided to:

Nationals of third countries, non-EU or EEA nationals:

  • Employ remotely via telecommunication technologies;
  • Employ in a company registered overseas without being tied to a physical office, or are self-employed, offer
    services via telecommuting to companies/clients abroad;
  • Have proof of permanent stable monthly income of at least 3,500 euros (after all deductions).

Advantages of obtaining such a visa:

Among the main advantages of the permit "Digital Nomad" the following can be distinguished:

  • Residence in Republic for a 1 year with a guarantee of extension for another 2 years.
  • Residence in Cyprus of the Digital Nomad's family members for the equal period, without the right to obtain a
    job or carry out economic activity.
  • They may be considered tax residents of Cyprus (if they are not tax residents of another country) if they live
    in Cyprus for one or more periods, which in general exceed 183 days of the same tax year.

Visa procedure

In accordance with the above requirements, such candidates must:

1. Arrive on the territory of the Republic;

  1. 1.1 For those who are already in the country - see point 2.
  2. 1.2 Entry into the territory of Cyprus is carried out on a tourist visa (if necessary).

 

2. Requesting a residence permit

  1. 2.1  Such a request must be provided within 3 months after coming to the country to the Department
    of Civil Registry and Migration in Nicosia, paying all fees;
  2. 2.2  If the Candidate is legally living in Cyprus with a different status, he/she has the right to
    request a residence permit as a Digital Nomad to the Department of Civil Registry and Migration in
    Nicosia;
  3. 2.3  In the request, the candidate indicates the type of activity (self-employed, or for hire) and
    confirms the monthly net income.
  4. 2.4  The request is provided along with all the necessary documents, as well as biometric data
    (photo, fingerprints), and the signature of the candidate are taken.

If the request is endorsed, a residence permit is issued for a period of 1 year, which is reported to the
applicant.
In case of refusal, the applicant also receives a notification.

3. Applying for the prolongation of the residence permit

  1. 3.1 One month before the expiration of the residence permit, the Digital Nomad must request for its
    continuation.
  2. 3.2 The request is provided to the Department of Civil Registry and Migration in Nicosia and all
    fees are paid.
  3. 3.3 The request is provided along with all the needed documents, as well as biometric data (photo,
    fingerprints), and the signature of the candidate are taken.

If the request is endorsed, a residence permit is issued for a period of 2 years, which is reported to the
applicant.

In case of refusal, the applicant also receives a notification.

A visitor permit can be obtained by individuals that want to live in the  Cyprus Republic for more than three months. With this permit, individuals are prohibited to be engaged in any business activity in Cyprus.  The first condition for getting such a permit is to own a minimum annual income from abroad. For the main applicant this amount is EUR 10,000, for every next dependant - EUR 5, that needs to be proven. Under the second condition, the main candidate must have an account in a Cypriot bank, to the form of annual income abroad is credited.

The application requires the presence of the applicant and the applicant's family members, and on the day of submission, they are allowed to reside in Cyprus until the application is considered and finally the card (visit residence permit) is issued. Although the basic procedure is not complicated, local district offices may have different or additional requests regarding this procedure. Therefore, it is recommended that you seek independent advice on the relevant requirements when applying.

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