The revised 2023 immigration law in Cyprus introduces new criteria for permanent residence permits. Investors must make a minimum investment of EUR 300,000 and demonstrate an annual income of EUR 50,000, plus an additional EUR 15,000 for spouses and EUR 10,000 for each dependent child. The law draws on various statutes, including the Aliens and Immigration Regulations and the Civil Registry Law N 14(I)/2002.
The 183-day rule in Cyprus designates individuals spending over 183 days in a tax year as tax residents. This status subjects them to tax obligations on their global income within Cyprus.
Yes, applicants, including investors, students, and employment candidates, often use representatives such as lawyers or educational institutions. Upon approval, applicants must provide biometric data within Cyprus.
To invite a third-country national, submit a hosting form and a guarantee letter to the Civil Registry and Migration Department. Include a copy of the invitee's passport. The guarantee amount varies by country. By signing the hosting form, you accept responsibility for the invitee's accommodation, board, medical expenses, and adherence to visa validity.
EU nationals can enter without restrictions but must register within four months.
Non-EU nationals (TCNs) need permits, temporary or permanent, covering categories like workers, students, and investors.
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