In accordance to the legislation in Cyprus, a non-resident individual who owns property on the island may be granted a Residential Permit.
European Union residents may apply for a Residential Permit simply by applying by filling in a form with all the necessary information, at the Immigration Service in Cyprus. The government of Cyprus does not impose any restrictions, concerning the Residential Permit for European Union citizens.
Non-European Union citizens need to fulfill certain credentials and follow a specific procedure in order to be granted a Residential Permit.
A temporary Residential Permit is granted for 1 to 4 years. If the individual wishes to remain longer, the Temporary Residential Permit may be extended upon request.
It is recommended to those who wish to extend their Temporary Residential Permit to submit their request a month prior to the expiry date of the already existing permit. Those interested in acquiring a Temporary Residential Permit need to visit the local Immigration Office in Cyprus and submit their application form and all the required documents.
- The applicant’s passport
- A copy of the applicant’s bank statement
- Any other document indicating the applicant’s income sources
- Passport photos of the applicant
- A copy of the original property purchase contract
- The applicant’s medical insurance.
- Bank deposits made
Permanent Residential Permits may also be granted to non-residents in Cyprus. When applying for a Residential Permit or renewal/extension, the individual needs to provide proof that he/she has a place to live.
It is recommended applicants have a deed of property instead of a rental contract. Applicants who are owners of property in Cyprus are viewed more favorably. This is because owning a property proves the applicant’s long-run intentions on the island. Additionally, the applicant’s financial status and stability are also taken into consideration.
Tourist Visas are granted without any restrictions. This is because a consulate cannot deprive an applicant who owns property in Cyprus the right to visit the property.