Immigration is a result of: including economic, political, family re-unification, natural disaster, poverty or the wish to change one’s surroundings voluntarily.
As of 2006, the International Organization for Migration has estimated the number of foreign migrants worldwide to be more than 200 million.
Cross-cutting activities include the promotion of international migration law, policy debate and guidance, protection of migrants’ rights, migration health and the gender dimension of migration.
With a proven expertise and experience on the provisions of the relevant law, the Aliens and Immigration Law (Cap. 105) and Aliens and Immigration Regulations 1972 as amended until today, the Department offers the highest quality of services to clients wishing to explore the possibilities offered by the relevant Laws and policies of the Government of the Republic of Cyprus in relation to immigration, visas, citizenship and residency.
Under the relevant law, “alien” means a person who is not a Cypriot citizen, as well as third-country national means any person who is not a European citizen. The competent authority is the Civil Registry and Migration Department in each district in Cyprus.
The Immigration Department of George F. Pittadjis LLC provides advice and assistance on issues relating to naturalization (based either on years of residence in Cyprus or on the Cyprus Investment Programme), and immigration permits (long term and temporary).
We are also responsible for the compilation of all necessary information and the submission of the relevant applications with the highest professional, ethical and business standards, while at the same time ensuring clients’ confidentiality and protection of personal data information, in accordance with the laws and regulations of the Republic of Cyprus and the European Union.
Each student who takes a full-time course at a Cyprus educational institution must obtain a temporary residence permit (‘Pink slip’ – Student Visa) which can be issued by an Embassy / Consulate of the Republic of Cyprus in the student’s home country or by the Migration Department of Cyprus.
Students from non-EU countries need a visa for entry to Cyprus and must report to their educational institution immediately upon arrival to register and complete other formalities required for obtaining further temporary resident permits.
In relation to the Temporary Residency permit, the Ministry of Interior of the Republic of Cyprus is the responsible authority for issuing such permits (to EU and to Third Country nationals).
Temporary Residency Permit is divided in European Union citizen’s temporary residency (hereinafter ‘yellow slip’) and non-European citizen’s temporary residency (hereinafter ‘pink slip’). ‘Yellow slip’ can be of Employment whereas ‘Pink slip’ can be of Visitor or Employment as well. Employment can be through a Cyprus company or through an International Company that is based in Cyprus.
If you would like to live in Cyprus for more than 90 days per half year, then you have to apply for a Temporary or a Permanent Residency Permit, with a Visitor Status, that does not allow you to work in Cyprus.
Permanent Residence Permit is divided in two categories, “Long Term Residence Permit” (third-country nationals who have resided legally and continuously in Cyprus for five years) and “Immigration Permit”.
Immigration Permit concerns persons who are going to work and or engage in business activities in specific employment sectors (Categories A to E); persons who are not going to work and or engage in any business activities in Cyprus, but they have adequate secured annual income from abroad for a decent living in Cyprus (Category F); and foreign investors (Category 6(2)).
The Immigration Permit for foreign investors (Category 6(2)) is an expedited procedure based on financial/investment criteria which, inter alia, are the following:
- Transfer of €30.000 to Cyprus from abroad which will be pledged for a period of at least three years.
- Secured annual income from abroad of at least €30.000 plus €5.000 for every dependent spouse and children and €8.000 for every dependent parent or parent-in-law.
- Purchase of a new property of total market value of at least €300.000 (V.A.T. is not included therein) and transfer of the said amount to Cyprus from abroad. In case of alienation of the purchased property, there must be an immediate replacement with another property of the same or/and higher value
The Immigration Permit for foreign investors may cover the spouse and their minor children; unmarried children aged between 18 and 25; and parents and parents-in-law, under specific requirements for each category.
A person is eligible to acquire the Cypriot Citizenship under specific requirements for each particular case:
- due to Cypriot origins;
- as a spouse of a Cypriot citizen;
- through naturalisation based on years of residence in Cyprus;
- through naturalisation by exception under the “Cyprus Investment Programme”.
As the Republic of Cyprus is an EU Member-State since 1st of May 2004, every Cypriot citizen shall also be considered as holding the EU citizenship too by virtue of Article 20 of the Treaty on the Functioning of the European Union.
As a Spouse of a Cypriot Citizen
An application can be submitted by foreign spouses of Cypriot nationals, who have completed three years of marriage and two years of residence in the Republic prior to the date of application.
Naturalisation based on years of Residence
An EU citizen or third country national may apply for naturalisation if he/she has resided for a minimum 7 years legally in Cyprus, of which the year preceding the date of application should be full and uninterrupted.
Naturalisation under the Cyprus Investment Programme
According to Section 111A of Civil Registry Law 2002 (L.141(I)/2002) as amended until today and subsequent Decisions of the Council of Ministers, non-Cypriot citizens are eligible to participate in the Cyprus Investment Programme.
According to the latest Decision dated 13/02/2019, the following, inter alia, criteria shall be satisfied by the foreign investor:
- Investment of €2.000.000 plus VAT (if applicable) in:
(a) Real estate, land development and infrastructure projects; or
(b) Purchase or Establishment or Participation in Cypriot Companies or Businesses which have proven physical presence in Cyprus, with significant activity and turnover and employ at least 5 (five) Cypriot citizens or citizens of European Union member-states; or
(c) Alternative Investment Funds or Registered Alternative Investment established in the Republic of Cyprus, licensed/registered and supervised by the Cyprus Securities and Exchange Commission (CySec) and whose investments are made exclusively in the Republic of Cyprus, in investments that meet the criteria of this Programme or in areas approved by the Minister of Finance; or
(d) Combination of the aforementioned investments,
- Donation of €75.000 either to the Research and Innovation Foundation, or to a certified innovative enterprise; or a certified social enterprise,
- Donation of €75.000 to the Cyprus Land Development Corporation,
- Clean Criminal Record,
- Valid Schengen Visa,
- Permanent Residence in Cyprus of at least €500.000 plus VAT (if applicable) – if the investment is confined to housing unit/units, the purchase of another permanent residence in Cyprus will not be required, if at least one of these housing units is worth at least €500.000 plus VAT, if applicable, provided that the applicant retains the possession of the residence for life,
- Valid Residence Permit in Cyprus for a period of at least 6 (six) months,
- Not a Political Exposed Person (PEP)
Our company is a Registered Service Provider of the Cyprus Investment Programme and offers individual approach to each client.
Services provided by our Firm
The Immigration Department of George F. Pittadjis LLC, in co-operation with the Corporate/Conveyancing Department, offers various packages to our clients under which we can support and guide you legally from A to Z.
The main steps, depending on the package to be chosen by the client, are as follows:
- Legal Due-Diligence of the investment;
- Compliance with KYC and AML regulations;
- Registration of Cyprus Company (if required);
- Preparing/drafting/negotiating the Contracts;
- Implementation of the transaction;
- Preparation and Submission of Residency and or Naturalisation Application.