Obtaining Cyprus residency and a work permit via a €200,000 company investment has become one of the most structured and legally reliable pathways for third-country nationals seeking to live and work in the EU. Cyprus offers a clear regulatory framework, competitive taxation, and fast processing compared to many other EU jurisdictions. This guide explains, in plain English and based on current Cyprus immigration and corporate law, how non-EU / non-EEA citizens can establish a Cyprus company, inject the required capital, and legally secure residency and employment rights as company executives or shareholders. If you are looking for a long-term, compliant solution—not a loophole—this guide is designed to give you clarity, realistic expectations, and a practical roadmap from zero to approval.
This route is strictly designed for third-country nationals, meaning individuals who are not EU, EEA, or Swiss citizens.
It is most suitable for entrepreneurs, investors, business owners, and senior executives who want to legally reside and work in Cyprus through active business involvement.
Applicants must demonstrate real economic activity, lawful source of funds, and intention to manage or operate a Cyprus-based company.
The legal foundation of this route is the establishment of a Cyprus company classified as a Company with Foreign Interests.
Under Cyprus immigration policy, such companies may employ third-country nationals as directors, shareholders, or key personnel, provided investment and substance requirements are met.
This is not a residency-by-purchase scheme but a business-driven immigration framework regulated by the Civil Registry and Migration Department.
The core requirement is a minimum €200,000 paid-up share capital transferred into a Cyprus company account.
The funds must originate from abroad, be clearly traceable, and belong to the applicant or corporate structure.
This capital is not a fee or donation—it remains company equity and may be used for legitimate business expenses.
Step 1: Incorporate a Cyprus private limited company.
Step 2: Open a Cyprus corporate bank account.
Step 3: Transfer €200,000 share capital from abroad.
Step 4: Register the company as foreign-interest.
Step 5: Apply for temporary residency and work permit.
Step 6: Submit biometrics and compliance documents.
Processing times typically range from 1 to 3 months once the file is complete.
Approved applicants receive temporary residency linked to their employment in the Cyprus company.
Permits are usually issued for up to 2 years and renewable as long as the company remains compliant.
Immediate family members (spouse and minor children) may apply for dependent residency under family reunification rules.
Holding a residence permit does not automatically make you a Cyprus tax resident.
Tax residency depends on physical presence (60-day or 183-day rule), personal ties, and economic activity.
Proper planning allows many applicants to optimize taxation legally while remaining fully compliant.
Using nominee structures without substance, underfunding the company, or misrepresenting business activity can lead to permit rejection or revocation.
Cyprus authorities increasingly verify real operations, payroll, office presence, and banking activity.
Professional setup and ongoing compliance are critical for long-term success.
Q: Is the €200,000 investment refundable?
A: The €200,000 is share capital, not a government fee. It belongs to the company and can be used for legitimate business expenses, but withdrawing it may affect residency status.
Q: Can I work only in my own Cyprus company?
A: Yes. The work permit is tied to the sponsoring Cyprus company. Employment outside that company is not allowed.
Q: Does this route lead to permanent residency or citizenship?
A: This route provides temporary residency. Long‑term residence or citizenship requires separate criteria such as years of residence and integration.
Q: Can my family live with me in Cyprus?
A: Yes. Spouses and dependent children can apply for family reunification residency permits.
Q: How long does the approval process take?
A: Once the company is funded and documents are complete, approvals typically take between 4 and 12 weeks.