Updated: March 17, 2023
A Cyprus business visa is a type of residency available to employees and owners of international companies registered in Cyprus with the migration department. Its legal basis is Regulation 5 of the Aliens and Immigration Regulations. It is also known as "Permanent Residency with the right to work."
Cyprus category C visa is available for owners of international companies of foreign interests who have an amount of approximately €260,000 invested as capital for the company.
It also has to be shown that such an employee would not negatively affect Cyprus’s economy.
Cyprus category E visa is available for persons who have been offered permanent employment in Cyprus in a company of foreign interests.
Also, such employment shall not create unfair local competition.
Type C and E Cyprus residency permits have an unlimited duration, and they will be valid for as long as the holder continues to be employed or be the owner of the company.
Category C and E rules for family members
The spouse and children up to 18 years old can also receive permanent residency. For the spouse it will be unlimited provided the principal applicant retains the residence permit. Regarding the children, it will be valid until they become 18 years old.
The application for a residency permit is filed by the applicant’s lawyer at the Civil Registry and Migration Department at Nicosia. The applicant does not need to be present.
Following submission, the applicants will be called for an interview. It is a primary interview with some general information to be asked about them.
The procedure for a Cyprus permanent residency with the right to work is estimated to take around 12 - 18 months. The lawyer collects the Cyprus residency cards on approval.
The fees of the migration department are as follows:
Applicant / applicants’ spouse / children under 18
€500 for all
€70 for each person for registration
Our team of lawyers will be happy to assist with all the procedures for a Cyprus business visa.
We will guide you in all the processes as below:
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