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Requirements and Criteria for Different Types of Residence in Cyprus

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Cyprus has been famous as a welcoming country for international investors. If you prefer to live in Cyprus, as a non-resident, you should first apply for a residency permit. As per the new regulations, people purchasing property in Cyprus are legally allowed to acquire a residence permit. Because Cyprus is an EU member, European residents do not need to apply for the permit, but non-European residents definitely need to apply for the residence permit. However, there are two choices available- temporary residence in Cyprus and permanent residence in Cyprus.

Temporary Residence Cyprus

The non-European citizens who want to apply for temporary residence Cyprus should file an application with the Civil Registry as well as the Migration department and the residence license will be with a validity of one to four years. To get a residence permit, you should submit the following documents:

  • Passport
  • Your bank statement copy
  • Documents to prove income
  • Four passport size pictures
  • Copy of the contract of property acquisition
  • Health insurance
  • Deposit of EUR 550

Permanent Residence Cyprus

The non-European citizens who want to apply for permanent residence Cyprus should prove that they can earn for themselves and their spouse and kids and if they have been in Cyprus for 5 consistent years. There are some basic requirements for permanent residence permits in Cyprus:

  • The person should have a bank account in Cyprus bank, a real estate contract and a yearly earning of at least EUR 9,600 for every individual member of the family.
  • Or, the person should be interested in setting up a company here.
  • Or, the person should want to open a business sub-division in Cyprus with a minimum capital of EUR 255,000.
  • Or, the person should be employed in Cyprus

The documents needed for a permanent residence permit in Cyprus are:

  • Your passport
  • Copy of the contract of property acquisition
  • Copy of the payment made to the seller
  • Bank statement copy
  • Documents to prove income
  • Four passport-size pictures
  • Guarantee letter from your Cyprian bank

Long-term residence permit

Non-European citizens can get a long-term residence permit if they have lived in Cyprus for 5 years consistently. It is valid for five years and will get renewed. Documents needed for the permit are:

  • Copy of the contract of the purchased or leased property
  • Passport
  • Bank statement
  • Proofs of payment done in the last 5 years for tax returns
  • Certificate offered by the tax authorities

Why should you shift to Cyprus in 2021?

Cyprus is a European destination open for all foreign citizens and investors. Those who are planning to move to Cyprus can apply for any permit they want through simple procedures.

If you wish to apply for Cypriot residency, then you can rely on us. At Fine Life Limassol, we work on behalf of our clients to file for their residency applications. We offer a high success rate and a consistent customer-centric method. So, what are you waiting for? Be it temporary residence Cyprus or permanent residence Cyprus, we will handle it all for you.

Michelle has been a part of the journey ever since Bigtime Daily started. As a strong learner and passionate writer, she contributes her editing skills for the news agency. She also jots down intellectual pieces from categories such as science and health.

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Lifestyle

Sara Zaimi Vies for Miss NJ Crown

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The Miss NJ competition seeks a leader, a role model who inspires with both brains and heart. Enter Sara Zaimi, a trailblazing pharmacist with a Doctorate (PharmD) whose passion for women’s health and community empowerment burns brightly.

A brush with mortality at a young age – chest pain and a concerning blood test – ignited a fire in Sara. Witnessing the unwavering spirit of women battling cancer in the oncology ward solidified her desire to make a difference. It was her mother’s unwavering support, the way she held her hand through fear and doubt, that propelled Sara to answer that call. Overcoming self-doubt and depression, she embarked on a remarkable academic journey, graduating with her PharmD at the prestigious Rutgers University at the early age of 23, placing her among the top 10% of her class.

As a first-generation Algerian American, she’s a testament to the power of hard work and perseverance. Her academic achievements, including valedictorian honors and consistent Dean’s List placements, stand as a testament. This translates further into her successful business, where she champions women’s health awareness. Her impact extends far beyond the pharmacy walls. Sara dedicates her time to NJ Sisterhood, empowering young women and inner-city communities. Her fluency in Spanish further highlights her commitment to inclusivity and understanding.

Driven by personal experience and empathy, Sara aims to leverage the Miss NJ platform to tackle critical women’s health issues. From early detection of breast cancer to advocating for increased resources, she seeks to empower women to take charge of their health. Her work with NJ Sisterhood complements this mission, focusing on projects that empower women and address their specific needs. Her advocacy includes promoting 3D areola tattooing for breast cancer survivors, a powerful example of how science and art can converge in the healing process.

Sara’s strength lies in the synergy of her diverse experiences. Her business acumen and her work with NJ Sisterhood position her to champion women’s health and community well-being on a grander stage. She envisions using the Miss NJ platform to create tangible change, increasing resources for those affected by breast cancer and other women’s health issues.

The demands of a successful business, active volunteer work with NJ Sisterhood, and the rigorous training for the Miss NJ competition require exceptional time management skills. Sara thrives under pressure, meticulously juggling her commitments without compromising on quality.

Her multifaceted personality, unwavering commitment to women’s health, and passion for community empowerment make her a strong contender for Miss NJ. She embodies the true spirit of the competition: a woman who is not just beautiful, but a force for good, inspiring young women to reach for their dreams and embrace their unique talents.

Follow Sara’s journey and learn more about her mission on Instagram: @pharminked_laser and @njsisterhood. Let’s cheer her on as she vies for the Miss NJ crown!

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