Citizenship, Residence Permits, and Visa Services in Cyprus with Fiduciara

Cyprus is one of the most attractive destinations in Europe for individuals and families seeking citizenship, residency, or visa solutions. With its favorable tax regime, high standard of living, and strategic location at the crossroads of Europe, the Middle East, and Africa, Cyprus provides an ideal environment for both personal and business growth.

At Fiduciara, we offer comprehensive legal services to assist clients in obtaining Cyprus citizenship, residence permits, and visas. Whether you are looking to relocate, expand your business, or secure a second citizenship, our team of experienced legal professionals can guide you through every step of the process, ensuring compliance with all relevant regulations.

Why Cyprus?

Cyprus offers numerous benefits to individuals and families seeking citizenship or residency:

1. European Union Membership: As an EU member state, Cyprus provides full access to the EU single market and the benefits of visa-free travel to over 170 countries, including all EU member states.
2. Favorable Tax Regime: Cyprus offers one of the most competitive tax regimes in Europe, with no inheritance tax, low personal income tax, and a 12.5% corporate tax rate.
3. High Standard of Living: With its Mediterranean climate, modern infrastructure, and excellent healthcare and education systems, Cyprus provides an outstanding quality of life.
4. Business Opportunities: Cyprus is a leading hub for international business, providing strategic access to markets in Europe, Asia, and Africa.
5. Stable Legal Framework: Cyprus follows English Common Law, providing a secure and transparent legal environment for individuals and businesses.

Citizenship by Investment Program (Currently Suspended)

Cyprus used to offer one of the most popular citizenship-by-investment programs in Europe, which allowed high-net-worth individuals to obtain Cypriot citizenship by making significant investments in the country’s economy. However, the program is currently suspended.

Fiduciara closely monitors developments and updates related to investment-based citizenship programs in Cyprus and other jurisdictions, ensuring that clients are informed of any changes or opportunities.

Permanent Residence Permit in Cyprus

The Cyprus Permanent Residence Permit (PRP) is a highly sought-after solution for non-EU nationals looking to relocate to Cyprus or secure permanent residency status. The PRP allows individuals and their families to live in Cyprus indefinitely, with the added benefit of easy travel within the EU.

Key Benefits of the Cyprus PRP:

• Lifetime Residency: The PRP is valid indefinitely, provided that the holder maintains their residency status by visiting Cyprus at least once every two years.
• Fast-Track Process: The PRP application can be fast-tracked for qualifying investors, with approval typically granted within two months.
• Family Inclusion: The applicant’s spouse, children under 18, and financially dependent children up to 25 can also obtain residency under the same application.
• No Requirement for Minimum Stay: Unlike other countries, Cyprus does not impose a minimum stay requirement for PRP holders, making it ideal for individuals who wish to maintain residency without relocating permanently.

How to Qualify for the Cyprus PRP (Fast-Track Option):

To qualify for the fast-track Cyprus Permanent Residence Permit, applicants must meet certain investment and income requirements:

• Property Investment: A non-EU applicant must purchase residential property in Cyprus with a minimum market value of €300,000 (excluding VAT).
• Stable Income: The applicant must provide evidence of a stable and secure annual income (minimum €30,000) from outside Cyprus. This amount is increased by €5,000 for each dependent and €8,000 for each dependent parent.
• Additional Requirements: The applicant must deposit at least €30,000 in a Cypriot bank account for three years and demonstrate a clean criminal record.

At Fiduciara, we provide full legal support for the PRP application process, including guidance on investment options, document preparation, and submission to the Cyprus Civil Registry and Migration Department.

Temporary Residence Permit (Pink Slip)

The Temporary Residence Permit, commonly known as the Pink Slip, is ideal for non-EU nationals who wish to temporarily reside in Cyprus for extended periods without employment. This permit is renewable and allows individuals to stay in Cyprus for up to one year, with the option to renew it annually.

Key Benefits:

• One-Year Residency: Stay in Cyprus for up to one year with the option to renew.
• No Employment Rights: Ideal for retirees or individuals wishing to reside in Cyprus without the need to work.
• Family Inclusion: The Pink Slip can be extended to include the spouse and children of the applicant.

Immigration Permits for Third-Country Nationals

At Fiduciara, we also assist third-country nationals (non-EU/EEA) with various immigration permits, such as:

• Category F Permits: For individuals with stable and sufficient income from outside Cyprus who want to live in Cyprus without working. This is ideal for retirees or individuals with passive income.
• Work Permits: For third-country nationals seeking to work in Cyprus. We handle the process of securing employment permits for professionals and executives in various industries.

Visa Services

In addition to residence permits, we assist clients with a wide range of visa services, ensuring smooth entry into Cyprus for short-term or long-term stays. Whether you need a Schengen visa, work visa, or a student visa, Fiduciara provides full legal support to streamline the application process.

Common Visa Categories:

1. Visitor Visa: For individuals looking to stay in Cyprus for up to 90 days for tourism, family visits, or business purposes.
2. Student Visa: For non-EU nationals who wish to study at a recognized Cypriot educational institution.
3. Work Visa: For individuals looking to work in Cyprus in regulated sectors such as finance, technology, and tourism.

How Fiduciara Can Help

At Fiduciara, we provide end-to-end support for all matters related to citizenship, residence permits, and visa services in Cyprus. Our team is dedicated to offering clear guidance and personalized solutions tailored to each client’s unique needs.

Our services include:

• Advising on eligibility for various immigration programs.
• Assisting with property investments for residency and citizenship applications.
• Preparing and submitting applications for residence permits, citizenship, and visas.
• Guidance on structuring for new residents.
• Ongoing legal support for residency renewals and compliance with immigration laws.

Contact Us

For more information about obtaining Cyprus citizenship, residence permits, or visa services, contact Fiduciara today. Our experienced legal team is ready to assist you with every aspect of your immigration and relocation needs.