Our firm provides services regarding general immigration issues and in particular help our clients to obtain various types of permits to stay in Cyprus, including work permits for executive directors of companies.
A Work Permit enables non-European citizens to obtain a visa in order to stay in Cyprus and work as an Executive Director in a Company. The permit also allows the family members of the Employee (spouse and children under 18 years old) to stay in Cyprus as dependents of the applicant.
Our skillful staff assists our clients to fill all the required paperwork and necessary documentation in order to obtain visa to stay or work in Cyprus.
PERMANENT RESIDENCE PERMIT CATEGORY F
It is a permit, which grants PERMANENT RESIDENCE WITHOUT RIGHT TO WORK in the Republic of Cyprus. It concerns NON EU NATIONALS.
This permit is also granted to the spouse and minor children (under the age of 18) of the holder.
Upon the decision of the Minister of Interior of the Republic of Cyprus, dated on 7/05/2009, when a non EU Member buys a PROPERTY - RESIDENCE for himself and his family of €300.000 and more, his application for Permanent Residence, Category F will be examined favourably.
This type of permit is granted to those NON EU nationals, who possess and have fully and freely at their disposal a SECURED ANNUAL INCOME, high enough to give them a decent living in Cyprus, WITHOUT HAVING TO ENGAGE IN ANY BUSINESS, TRADE OR PROFESSION. This income must come from legal sources from abroad. For example, it might come from pensions, permanent deposits, business activities, ownership of companies, shares etc.
According the provisions of the Law the MINIMUM annual income required is €9,568.17 for a single applicant and €4,613.22 for every dependent person, but the Civil Registry and Migration Department may demand ADDITIONAL AMOUNTS as necessary. These additional amounts might come from annual maintenance expenses of the property, educational, medical and other needs of the family in each particular case. It is always necessary to take in consideration ALL NEEDS OF THE FAMILY of the applicant and to offer solid evidence that the applicant is able to cover all those needs on the long run. He has to prove that the money he is getting from abroad will be enough to cover ALL EXPENSES of the family.
As the Category F is the permit, granted once but for the permanent stay in Cyprus, the Immigration Authorities will examine the STABILITY and RELIABILITY of annual income during a long period of time. The possession of a solid amount of money, deposited in one of the banks of Cyprus might facilitate the application.