Cyprus

Citizens of the EU and the European Economic Area (EEA) can move, live and work freely in Cyprus.  Below are some of the residency options for non EEA citizens:

Investment

You can apply for an Investment Residency permit if you meet the following criteria:

• Transfer at least €30,000 into a financial institution in Cyprus from an overseas account, which will be pledged for a period of at least three years.
• Prove that you have a secure annual income of at least €30,000 from overseas sources.  For each dependent, the annual income increases by €5,000 and for each dependent parent or parent-in-law it increases by €10,000
• Purchase real estate to the value of €300,000

Work Visa

Immigrants from an EU member country who want to live and work in Cyprus need a residence permit. Application must be done within three months of moving to the country, working in the meantime is allowed. The application process can take up to six months and permits are reviewed after two years.  People from other countries need to apply for a work permit and can only do so after being offered a job in Cyprus. They can start work once the permit is granted. 

Startup Visa

The "Cyprus Startup Visa" program/ scheme allows talented entrepreneurs from third countries [outside the European Union (EU) and outside the European Economic Area (EEA)], individuals or in a team, to enter, reside and work in Cyprus in order to establish / operate / develop a startup with a high growth potential.

Through your Family

• If your spouse is a citizen or permanent resident of Cyprus, you are probably eligible for residency.  Please note that your status of spouse needs to be legally recognised in this country.
• See the citizenship section below for more information on residency or citizenship based on descent.

Youth Mobility Visa

• If you are an Australian Citizen between the ages of 18-25, you may be eligible under the Working Holiday programme.