Trustank Corporate

Moving to Cyprus

Relocate to Cyprus with a structured approach covering residency, tax planning, and company setup where required.

Who This Is For

How the Process Works

Residency Options in Cyprus

Freedom of Movement

As an EU citizen, you have the right to live and work in Cyprus without a residence permit for the first three months. After that, you can register for a residence certificate valid for five years.

Registration Requirements

  • Valid passport or national ID card
  • Proof of employment, self employment, or sufficient financial resources
  • Health insurance coverage
  • Proof of accommodation in Cyprus

Timeline and Process

The registration process is straightforward and typically completed within a few weeks. You will receive a residence certificate that confirms your right to reside in Cyprus.

Our Services Include:

✓ Complete Documentation Assistance

We help you gather and prepare all required documents for your residence permit application.

✓ Application Submission Support

Expert guidance through the entire application process with the relevant authorities.

✓ Registration Assistance

Help with Social Insurance and Tax Department registrations as needed.

✓ Ongoing Support

Continuous assistance until your residence permit is successfully obtained.

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Residency by Investment
Invest in Cyprus real estate or business

 

Investment Options

  • Purchase of residential property worth at least €300,000 plus VAT
  • Investment in a Cyprus company with physical presence and at least 5 employees
  • Investment in Cyprus Investment Funds or financial assets of at least €300,000

Additional Requirements

  • Proof of secured annual income of at least €50,000 from abroad, plus €15,000 for spouse and €10,000 per dependent child
  • Clean criminal record certificate from country of residence
  • Declaration that you will not engage in any business or employment in Cyprus (unless investing in a company)
  • Health insurance coverage in Cyprus

Benefits

  • Fast track approval within 2 months
  • Permanent residence permit renewable every 3 years
  • Includes spouse and dependent children under 18 (or under 25 if students)
  • No minimum stay requirement
  • Access to Cyprus healthcare and education systems

Comprehensive Support Package

  • Initial consultation to assess eligibility and recommend the best investment route
  • Coordination with real estate agents, developers, or investment fund managers
  • Due diligence on property titles, company structures, or fund credentials
  • Preparation of all application documents, including proof of income, criminal records, and health insurance
  • Submission of the residence permit application to the Civil Registry and Migration Department
  • Liaison with authorities throughout the approval process
  • Assistance with biometric registration and permit collection
  • Guidance on maintaining the investment and renewing the permit every 3 years
  • Support with family reunification applications for spouse and dependents
  • Advice on tax residency, healthcare registration, and integration into Cyprus
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Residency by Employment
Work for a Cyprus company as a high skilled employee

 

High Skilled Employment Route

Non-EU nationals can obtain a residence and work permit by securing employment with a Cyprus company in a high skilled position. This route is ideal for professionals, managers, and specialists.

Key Requirements

  • Employment contract with a Cyprus registered company
  • Position must be classified as high skilled (managerial, technical, or professional)
  • Minimum gross monthly salary of €2,500 (may vary by sector)
  • Employer must demonstrate that no suitable EU/EEA candidate is available
  • University degree or equivalent professional qualifications
  • Clean criminal record certificate
  • Health insurance coverage

Process and Timeline

  • Employer submits application to the Business Facilitation Unit and Migration Department
  • Approval typically takes 2 to 4 months
  • Initial permit valid for 1 year, renewable annually
  • After 5 years of legal residence, eligible to apply for long term residence or naturalisation
  • Family members (spouse and children) can be included in the application

Comprehensive Support Package

  • Incorporation of a qualifying Cyprus company and full registration with all authorities
  • Opening of a local bank or EMI account and coordinating capital injection from abroad
  • Setting up payroll, tax, and social insurance systems for high skilled employment
  • Drafting employment agreements and corporate resolutions required for migration approval
  • Preparation and submission of the full migration file to the Business Facilitation Unit and the Civil Registry and Migration Department
  • Management of employment permits, residence permits, entry permits, biometrics, and family reunification
  • Guidance on securing an independent office and ensuring ongoing company compliance
  • Handling translations, apostilles, and preparation of all supporting documents for qualifications, experience, and criminal records
  • Advising on salary levels, role criteria, and eligibility for high skilled positions
  • Monitoring renewals, changes in employment, and long term residence planning toward naturalisation

Let’s arrange your relocation

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