Cyprus Residence And Work Permits – Companies With Foreign Interest

Cyprus companies with non-EU shareholders that provided a paid-up capital of the company of minimum EUR 171.000 can employ up to 15 non-EU persons in upper and middle management positions, with residence and work permits issued by the Cyprus authorities.
Family members can join by way of family reunification.

The Republic of Cyprus wishes to encourage international businesses to set up their headquarters of regional headquarters in Cyprus or to engage in substantial local businesses.

EU businesses easily relocate to Cyprus or set up business in Cyprus and are free to employ staff from their EU home countries, thanks to the EU Freedom of Movement.

Non-EU businesses may also smoothly set up their business in Cyprus, but staff from their non-EU home companies can normally not be relocated to Cyprus so easily.