How can an EU citizen gain permanent residency status in Cyprus?

eu citizenship in cyprus

Cyprus permanent residency for EU citizens

An island in the Mediterranean Sea. After Sicily and Sardinia, Cyprus is the third largest island in the Mediterranean Sea. Although the island is geographically in Asia, it is politically a European country and is a member of the European Union.

Cyprus’ climate and natural advantages mean that there is always a steady supply of travelers seeking employment and residency on the island. Perhaps the most significant change that has occurred in recent years has been the accession of Cyprus to the European Union on 1 May 2004 and becoming a Eurozone Member since January 2008 opening up new employment opportunities for European citizens.

The ‘Yellow Slip,’ which is a visa for permanent residency in Cyprus is available to EU citizens wishing to settle and work 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.

The Yellow Slip is granted by The Right of Union Citizens and their Family Members to Move and Reside Freely within the Territory of the Republic of Cyprus Law of 2007, (ANNEX III, Article 12(1).

Qualifying criteria

  • Age: Applicants must be at least 18 years old.
  • Proof of residence: Applicants must show a rental agreement or purchase a property in the island.
  • Insurance: Applicants must have fully comprehensive insurance in the island.
  • Proof of income: Applicants must show any income coming from within Cyprus or from abroad.
  • Intention: Applicants must have a genuine intention to reside in Cyprus.

 

The process is rather short and straightforward and should be completed within 2 to 3 weeks.