Permanent Residence Permit

In accordance to the Law and Regulations an alien must belong to one of the following Categories in order to obtain a permanent residence permit for Cyprus:

Category A: Persons who intend to work as self employed in agriculture, cattle breeding, bird breeding or fish culture in Cyprus, provided they have in possession adequate land or a permit to acquire, they have at their disposal a capital of €427,150 and such an employment should not negatively affect the general economy of Cyprus.

Category B: Persons who intend to work as self employed in mining enterprises in the Republic, provided that they have in their possession a relative permit, they have fully and freely at their disposal capital of €341,720 and such an employment should not negatively affect the general economy of the Republic.

Category C: Persons who intend to work as self employed in a trade or profession in the Republic, provided that they have in their possession a relative permit, they have fully and freely at their disposal capital of €256,290 and such an employment should not affect negatively the general economy of the Republic.

Category D: Persons who intend to work as self employed in a profession or science in Cyprus, provided that they have academic or professional qualifications, for which there is demand in Cyprus. Possession of adequate funds is also necessary.

Category E: Persons who have been offered permanent employment in the Republic, which will not create undue local competition.

Category F: Persons who possess and have fully and freely at their disposal a secured annual income, high enough to give them a decent living in Cyprus, without having to engage in any business, trade or profession e.g. pensioners. This requires you to prove you are able to support yourself and your dependants financially from external sources and are not allowed to work in Cyprus either full or part time.

Cyprus has recently implemented The Directive of the European Union 2003/109/EC, which states that migrants who live legally and continuously in Cyprus for five years are entitled for a permanent residence permit (long residence status).