Want To Move To Cyprus? Here is a Step-By-Step Guide

A beautiful, Mediterranean country, Cyprus is a popular tourist destination depending on nationality. However, travelers may need to obtain a visa in order to enter the country. Within this article, the types of visas needed for traveling to Cyprus will be outlined. The article will walk the reader through the different types of visas that are available, based on country of origin, nationality, and length of stay in Cyprus. It will also provide more information about obtaining a work permit or residency status after your visit.

 

Visas and Work Permits

Cyprus is part of the European Union. Therefore, an EU citizen can easily visit Cyprus without having to acquire a visa. Visas are also not needed for people from departments that make up the European Free Trade Association: Switzerland, Iceland, Liechtenstein, and Norway.

 

If you have a Schengen, visa then that will allow you to enter Cyprus without needing a separate visa. Although Cyprus is not yet part of the Schengen Area. Citizens of the United States, Canada, Mexico, and several other countries do not need a visa to visit, as long as they are planning to stay for less than 90 days. If you do need a visa, you can apply at the Diplomatic Mission. You will need to have the following information ready:

 

  • You need to have a valid passport for at least three months before your intended departure date from Cyprus in order to enter the country.
  • Valid proof of Cyprus residency – requiring your visa, permanent residence card or passport
  • The visa application form for Cyprus
  • A notarized letter from a Cyprus host is required, who must fill out an assumption of responsibility for hosting form.

 

The followings are the different types of Visas

Airport Transit Visa (ATV): You can only apply for a Cypriot transit visa at one of the airport immigration desks. The fee is €15 and it is not valid for entry into Cyprus.

 

Short-term visa: If a tourist wants to visit Cyprus for any reason other than immigration, they need this type of visa. It can be used for one to 90 days within six months and the application fee is €20.

 

Multiple-entry visa: The Visa of Cyprus is designed for people who come to the country often, whether it be for business or pleasure. The duration of the visa is up to five years but cannot exceed three months in any half-year.

 

Student visa: This allows students to stay in Cyprus for more than 90 days for the purpose of study. These are the requirements to process student Visa to Cyprus:

– Four passport-size photos
-A letter of acceptance from an educational institution of Cyprus
-Original or certified copies of academic documents proving qualifications, along with English translations
-Proof of financial means
-A certificate of police clearance from your home country, which has been issued within the last six months
– Travel health insurance

 

You can apply for a temporary residence permit at the airport in Cyprus and buy health insurance while you are there. You also need to get a medical exam beforehand. You can also work up to 20 hours with this visa in approved industries. The fee for the application is €30.

 

Work visa: You need a Cyprus work permit before you can obtain a Cyprus work visa. Bring the documents listed above to your embassy or consulate.

Requirements To Obtain a Work Visa

  • A certificate of medical clearance
    • A certificate of police clearance
    • Proof of financial means
    • Proof of travel health insurance
    • Work contract with Department of Labour seal

The visa application fee is €20.

 

Long-stay visa: Non-EU nationals can apply for a 1 year visa for Cyprus, but a residence permit is required to stay more than 90 days. The fee to apply for this temporary residency is €60 and the application can be made from any country in the world.

 

Visa Issued At The Border: You can get an emergency visa upon arrival at a legal port: the application fee is €20. The Director of the Civil Registry and Migration Department must approve you first. This can happen in emergency cases.

 

Visa Extension: People with short-stay, multiple-entry, or recent border visa can apply for a visa extension upwards of 90 days from their date of entry as long as they do it within 6 months, with an application fee of €30.

 

The spouse visa: People with Cyprus work permits who want a spouse to come to Cyprus should apply for family reunification, which includes a spouse of the permit holder who has been married for over a year and is over 21 years of age.

 

Find Out How To Get A Work Permit In Cyprus

The first step to living and working in Cyprus is obtaining a work permit. The next step is getting a work visa, as described above the third step is getting a residence permit.

 

To get a Cypriot work visa, applicants will need to first obtain an employment permit and provide a company sponsorship along with all the necessary paperwork.

 

The permits are only granted if the employer can prove the position couldn’t be filled by Cypriot or EU/EFTA citizen. In some situations, foreigners can work in Cyprus without a work visa. There are categories for foreigners that are self-employed in specific trades like agriculture and mining.

 

Residency: Cyprus offers two types of residency permits for non-EU nationals: temporary and permanent. The former is used most often for studies, employment, or family reunification. It is issued for one year and can be renewed every year after for five years. After five years, a permit holder qualifies to apply for permanent residency and cannot leave Cyprus for longer than three months in the meantime.

 

To apply for a temporary residency permit, applicants must submit a number of documents to the Civil Registry and Migration Department within seven days of arriving in Cyprus:

-An application form
-Proof of accommodation
-Proof of financial means
-A medical certificate
-A certificate of police clearance
-A copy of their passport
-A bank guarantee
-Proof of health insurance

 

If a foreigner wants to shorten the waiting period for permanent residency and move freely with the EU, they will need €300,000 worth of property in Cyprus and €30,000 in an account at Cypriot bank. They must also maintain an annual income of €30,000 or more from outside of Cyprus.

 

Get Health Insurance: Many people take out private medical insurance as a safety net even though it is not mandatory in their destination country. Healthcare is typically expensive and certain treatments and procedures are not available.

 

To make the most informed decision about what health insurance is best for you, investigate the exclusions and coverage limits. Is it worth an additional monthly fee to take out an in-network plan?

 

Never me less cost as the most important factor in buying health insurance, because cheaper plans often include large deductibles that can limit the benefits received. You should only compare prices once you have defined your needs and established which areas you want to cover. If you are unsure about buying a plan, get in touch with the company and only complete all forms when fully satisfied.

Renting your house in Cyprus

Foreigners choosing to live in Cyprus will find it easiest to search for apartments through the county’s newspapers or websites. Estate agents are also helpful resources but come with a fee. Those of them who wish to explore house-sharing opportunities should know that rental fees could be quite expensive, so it is important to consider renting an apartment only if they are certain of their ability to afford it.

 

Expatriates are generally responsible for their own utility expenses. It can be expensive and should always be factored into the housing budget. It is also important to know that Cyprus has a progressive water-taxation system, so everyone should think twice before deciding to fill the pool or give the garn a watering with expensive water from Cyprus. You can find a variety of properties with good accommodations, which are usually up to date and in good shape.

 

Furnished apartments are the most common type of rental in Cyprus. Since shipping furniture is a viable option, IKEA in Nicosia is a great place to buy things if you can’t find one elsewhere. Inhabitants say that the second-hand furniture market is disappointing. The cost of living in Cyprus is based on where you live and the service provider. For example, the average accommodation prices for the summer of 2016 were $300 per night.

 

Home security in Cyprus – What You Need To Know

With regards to safety, Cyprus homes differ from those of other European countries. Generally, Cypriots feel safe in their homes and most leave the doors open or unlocked. Rural or urban dwellings are about equally safe. While houses have locks, break-ins are rare in either location.

 

Open a bank account in Cyprus

When arriving in Cyprus, newcomers should look into the Cypriot banking system. Cypriot banking is similar to European Union. Cyprus has become heavily reliant on aid from its European partners. Despite the 10 billion Euro agreement, Cyprus has still struggled to improve its financial status. One of these struggles involves significant job losses and high taxes as well as a long-term solution to avoid future problems.

 

A guide to money in Cyprus

Cypriots use the Euro as their currency. This is different from many other countries because it has a design of Cypriot symbols. It’s not affected by monetary policies and can only be used within Cypriot borders.

Notes: 5, 10, 20, 50, 100, 200 and 500 EUR
Coins: 1, 2, 5, 10, 20 and 50c and 1 and 2 EUR

 

Opening a bank account in Cyprus is not very difficult, and you can do it easily if you go there. When opening an account, it is often necessary to provide the following documents:

– A valid passport or, for EU citizens, an identity card bearing a signature and photo
– Proof of address, such as a recent utility bill or bank statement
– A reference letter from the applicant’s previous bank giving information about   their credit rating.

 

Taxes and other costs of living in Cyprus

The Republic of Cyprus has traditionally low taxes, which resulted in people investing money in Cypriot banks. Now their deposits are much bigger than the country’s gross domestic product so they have to reassess the process.

 

If an expatriate is working outside of Cyprus, they need to know that the country they are in will have taxes. However, Cyprus has double taxation agreements with some countries, specifically the United Kingdom, Canada and the United States of America. This means that once a person has reached their new home in Cyprus, they do not need to worry about any extra taxes required by their new host country. Even though taxation is a complicated issue, it is advised for all expats in Cyprus to seek specialist advice from tax accountants.

 

 

Read this expatriate banking guide to Cyprus

The Republic of Cyprus has a well-shaped banking system that is mostly influenced by the British banking system. In addition to that, there are nine commercial banks and three specialist financial institutions with foreign branches in Cyprus, including HSBC. The Bank of Cyprus, Laiki Bank and Hellenic Bank are the three largest commercial banks in the country.

 

Banking services in Cyprus are varied and convenient, with some banks open later in tourist areas. The banking system is sophisticated, with modern technological devices for its users. Moving funds from other countries to Cyprus is easy through many Turkish and Turkish Cypriot banks.

 

A Cyprus resident can open a local bank account by providing documentation and identity, to any local bank. Overseas transactions is monitored to prevent money laundering. 12,500 euros must be declared at customs if they are crossing the boarders of the country.

 

Money Transfer

What you need to know about international bank transfers

Most expats transfer money from their existing bank account back home to a new account in a different country that is in the local currency. To transfer money, ask your current bank to transfer the money for you. You can fax or call the bank about the transfer and a secret code along with other details such as the amount in question. The banks will convert it into the relevant local currency and transfer it to your new account. Transactions typically take 3-7 days, but 1-2 day ones are available but often cost more.

 

You can set up transactions to automatically happen on a fixed day of the month. This will let you exploit foreign banking opportunities. If you are receiving a state pension or other benefits, it will be processed outside your local branch system and made available in locations abroad.

 

To use the international transfer, you will need various codes from your current bank. These codes include IBAN, BIC, or SWIFT codes. You might need to pay a fee per transaction and also a percentage of the currency conversion. Fees vary by bank so contact them to find out.

 

If you need to transfer larger amounts less frequently, it will be cheaper than transferring smaller amounts more often. However, if you need to transfer regular amounts of at least $200 per month or make a one-time payment of at least $5000, you should consider the services of a currency broker.

 

Learning The Language

In Cyprus, whether you will have to speak Greek or Turkish when living there or not really comes down to which language fits your needs.

 

With two Cypriot people speaking different languages and dialects, Cypriot Greek is different from Standard Modern Greek. It became the official language in 1983 for northern Cyprus, but both share many similarities and borrow from one another.

 

After bisecting many ancient sea routes, Cyprus is a cultural melting pot. This heritage is apparent in the varied languages spoken on the island including. English is the dominant language on the southern part of Cyprus. It is estimated that 70% of residents speak English to a high standard and many signs are in English.