Relocation & Headquartering

Relocation and Head quartering Services

Cyprus is a highly attractive destination for investors, individuals, and families due to its favourable and transparent tax system, modern legal and regulatory framework, and excellent quality of life. The island offers access to top educational institutions, a business-friendly environment, a skilled workforce, and strategic connectivity to major European markets, making it ideal for investment and relocation.

A contemporary global business center

Cyprus has emerged as a thriving international business hub, driven by innovative growth sectors including shipping, real estate, investment, hospitality and tourism, energy, education, filming, and start-ups. These industries have attracted some of the world’s largest corporations to establish a presence on the island. Coupled with diverse investment opportunities across multiple sectors and the advantages offered by the Cyprus Investment Program for foreign investors, Cyprus continues to experience dynamic market expansion and increasing global appeal.

Non-EU immigration to Cyprus

Immigrants from outside Europe, including asylum seekers and economic migrants, are defined by the European Commission as individuals from non-EU countries who establish their usual residence in an EU member state for a period of twelve months or longer.

In Cyprus, strict laws and regulations govern the issuance of entry, residence, and work permits for non-EU citizens. These rules are subject to frequent updates and amendments to reflect changing policies. Generally, all non-EU nationals intending to reside in Cyprus must obtain the appropriate visa before their arrival.

How we can help

Lyssiotis Law Firm has extensive expertise in Cyprus Immigration Law, providing comprehensive advice to individuals on a wide range of immigration matters. Our dedicated team of immigration specialists stays up-to-date with the latest regulatory changes to ensure accurate and effective guidance. We work closely with clients throughout every stage of their immigration applications, offering personalized support until successful completion.

Types of Visas and Permits

Temporary residence permits

Permanent Residency

Relocation

For any non-EU citizen who will be in Cyprus long-term without taking up employment may apply for a special temporary permit (commonly referred to as the “Pink Slip”). This permit is usually issued for a period of 1 year but can be easily extended every year.

Categories of temporary residence permits (pink slips) include:

• Visitor visa
• Student visa
• Employment visa

Summary of options, as holders of Third country passport (non-EU ), in order to relocate to Cyprus and obtain a desired long term visa of residency and work permit in Cyprus.

You have Two options to live and work in Cyprus as Foreign Non Eu Nationals

Permanent residency V company of foreign interest

Option A
Permanent Residency by Investment

Option B:

Establish a company of Foreign Interest by registering “ a Cyprus company “ at the Business Facilitation Unit and employ yourself as Director/ key personnel.

Key Requirements:

Swift transfer of 200k into company’s bank account

• Shareholders are third country nationals
• Contract of Employment by the Company as employee ; must be for a minimum period of 2 years and with a salary of 2500 euro

(This entails that the company must also make an Employer‘s liability insurance and must pay Social insurance to the Government).

This procedure will give you a Work permit and Residency Visa,
For all the family for up to 5 years renewable

Note : Cypriot passport

Both procedures allow you to apply for a Cyprus passport after five years of residency. However, foreign-owned companies can enable applicants to apply as early as the third year, depending on their proficiency in the Greek language.

Additionally, this structure offers significant tax benefits for employees, making it attractive for businesses. For high-tech companies, we offer a specialized intellectual property (IP) tax package, which can reduce corporate tax rates to as low as 2.5%.