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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

Coco Glow Redefines Success on Natalie Massaro Terms

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The American Dream whispers promises of opportunity, but for first-generation children, it can also carry a heavy weight of expectation. Natalie Massaro, the visionary behind Coco Glow, knows this firsthand. “There was an unspoken pressure to succeed,” Natalie explains. “Failure wasn’t an option.” This fueled a relentless work ethic in her – juggling two jobs while in school, a constant drive to excel that burned brightly within her.

This drive initially led the SheEO down a traditional path. But a different passion, simmering beneath the surface, tugged at her – a love for beauty and skincare. Stemming from her own experiences navigating body image as a woman with curves in a world often fixated on a single standard of beauty, Natalie knew there was a different narrative to be told.

It was a leap of faith, fueled by unwavering determination, which led Natalie to trade in the traditional path for entrepreneurship. in 2019, Coco Glow was born out of her Jersey Shore apartment. Today she has a staff of talented contour artists and is currently expanding into a second location. The recent introduction of teeth whitening hints at a future where Coco Glow offers a complete canvas for radiant beauty.

“Always find your why,” is Natalie’s mantra. Inspired by her parents’ unwavering work ethic, a constant reminder that “no one can fail if you are consistently showing up every day,” Natalie poured her heart and soul into Coco Glow.  Entrepreneurship, it seems, runs in her blood. Her father’s success was a testament to the power of hard work and dedication, values that now echo in Coco Glow’s leadership. Her commitment to exceptional service is a direct reflection of the “show up every day” mindset.

A testament to the American Dream – reimagined for a new generation. It’s about defying expectations, forging your own path, and leaving your mark. It’s about finding your “why” and turning it into something beautiful, one sun-kissed client at a time. And witnessing the boost of confidence in each client who walks out the door is its own reward.

“Every client is understood, their wants and needs are adjusted to – your spray tan is the easiest part of your day” – perfectly represents her client-centric approach.

Experience Natalie’s artistic touch and the Coco Glow team help you feel radiant from the inside out. Visit their storefront Shrewsbury, New Jersey, or call (732) 362-7890. Stay updated on their latest creations and explore their offerings at https://cocoglowairbrush.com.

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