Residency Law

Residency  Citizenship

Cyprus has been a member of the European Union since 2004, and a Eurozone Member since 2008. By having Cyprus Residency besides the inherent benefits of EU Membership, expatriates can benefit from other perk the country treasures such as high quality healthcare and education, favorable tax rates, high safety with the lowest crime levels in the EU.

Cyprus Permanent Residency Program

To all individuals who seek to obtain Cyprus Citizenship, Permanent Residency under this programme is deemed to be the first crucial step. It also gives right to freely travel within European countries for non-EU nationalities. Regarding this aspect, the Cypriot government has recently simplified the procedure for issuing Permanent Residency Permits to Non-EU nationals.

Especially with the provisions of Regulation 6 (2) of the Aliens and Immigration Regulations, non-EU nationals are also granted the right to permanently reside in Cyprus with no renewal requirements. The process is based on a set eligibility criteria ensuring that the Permanent Residency status is only granted to reputable individuals

Cyprus “Yellow Slip” Program

The ‘Yellow Slip’ is a program indicating for EU citizens who desire to work and settle in Cyprus permanently without the need to renew.  Non EU dependents may also be included in the application and thus being eligible to benefit from the same rights as EU citizens. 

This programme is granted by virtue of The Right of Union Citizens and their Family Members to Move and Reside Freely within the Territory of the Republic of Cyprus. Under provision of “Yellow Slip”, foreigners enjoy a cost effective programme with eligible dependents and life-long validation.

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Dr Jean-Philippe Chetcuti

Senior Partner, Tax & Immigration

+356 22056411

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