The Cyprus Digital Nomad Visa opens the door to a world of flexibility and opportunity, allowing individuals to live and work remotely in the picturesque Mediterranean island of Cyprus.
Is there a digital nomad visa in Cyprus?
Through a Decision taken on October 15, 2021, the Council of Ministers approved the implementation of the Digital Nomad Visa Scheme in Cyprus, initially capping the issuance of residence permits at 100. However, on March 3, 2022, the Council of Ministers decided to raise the limit, allowing for the issuance of up to 500 residence permits.
Who can apply for a Cyprus digital nomad visa?
The Cyprus Digital Nomad visa program is designed for individuals from non-EU/EEA countries who are employed in Cyprus by entities like foreign-registered companies or clients. As such, applicants can either work as employees or be self-employed.
Digital nomad visa in Cyprus: requirements and documents
To apply for a Cyprus digital nomad visa, you will need the following documents:
- The application form for the Cyprus digital nomad visa, which can be downloaded from the Cypriot Ministry of Interior website.
- A copy of a valid passport with a minimum validity of three months.
- Copy of passport or alternative travel documents indicating the most recent entry into Cyprus.
- Two color passport-sized photos with a white background, measuring 2 x 2 inches (51 x 51 mm), with the head positioned between 1 - 1 3/8 inches (25-35 mm) from the bottom of the chin to the top of the head.
- Your updated CV or resume.
- Proof of sufficient and stable monthly living resources.
- Original certificate of a clean criminal record, obtainable from the local police department.
- Proof of accommodation, which can be established through a rental agreement, hotel booking, or lease. If the rental agreement exceeds €5000, it should be duly stamped.
- Valid health insurance covering inpatient and outpatient care, as well as repatriation of remains (Plan A).
- Original blood analysis results indicating the absence of HIV, syphilis, hepatitis B and C, and chest x-rays for tuberculosis (TB), duly certified by a specialized doctor.
- An affirmation stating that the applicant and dependents will not provide work or services to employers established in Cyprus.
- A letter of intent outlining the activities you intend to pursue in Cyprus and the purpose of your travel.
Digital nomad visa in Cyprus: requirements for income
Prospective applicants are required to showcase a minimum monthly income of €3,500 after accounting for deductions related to contributions and taxes as part of the Cyprus Digital Nomad Visa requirements.
How to apply for a Cyprus digital nomad visa?
The application process for the Cyprus Digital Nomad Visa involves the following steps:
- Gather the required documents.
- Enter the Republic of Cyprus.
- Complete the application.
- Visit the Civil Registry and Migration Department in Nicosia.
- Settle the expenses.
- Await a response.
Digital nomad visa in Cyprus: cost
The cost of the Cyprus Digital Nomad Visa encompasses the following fees:
- Issuance or renewal of a temporary residence permit: €70
- Registration to the Aliens’ Registry (applicable for initial registration only): €70
Digital nomad visa in Cyprus: taxes
As a digital nomad in Cyprus, you enjoy exemption from tax obligations until your 183rd day of residence. Beyond this period, you are deemed a tax resident, subject to applicable taxes.
Cyprus boasts one of Europe's favorable tax systems. Personal income tax is levied on tax residents, while non-residents are taxed solely on income originating in Cyprus. The progressive personal income tax rates in Cyprus are as follows:
Moreover, social security contributions are subject to an 8.3% rate, the standard value-added tax (VAT) stands at 19%, the immovable property transfer levy (IPTL) is 0.4%, and the corporation tax is set at 12.5%.
Cyprus boasts one of Europe's favorable tax systems. Personal income tax is levied on tax residents, while non-residents are taxed solely on income originating in Cyprus. The progressive personal income tax rates in Cyprus are as follows:
- Up to €19,500: 0%
- €19,501 to €28,000: 20%
- €28,001 to €36,300: 25%
- €36,301 to €60,000: 30%
- €60,001 and above: 35%
Moreover, social security contributions are subject to an 8.3% rate, the standard value-added tax (VAT) stands at 19%, the immovable property transfer levy (IPTL) is 0.4%, and the corporation tax is set at 12.5%.
Digital nomad visa in Cyprus: processing time
The Cyprus Digital Nomad Visa typically takes approximately five to seven weeks for processing.
What if I’m not eligible for Cyprus digital nomad visa as a digital nomad?
If you do not meet the eligibility criteria for the Cyprus Digital Nomad Visa, you may need to explore alternative visa options or consider other destinations that align with your qualifications and circumstances. Cyprus has specific requirements for digital nomad visas, and if you fall outside those criteria, it's advisable to seek guidance from immigration authorities or professionals to explore suitable alternatives for your digital nomad lifestyle.
Digital nomad visa in Cyprus on Reddit
Leonardo from SF says: "Obtaining the digital nomad visa in Cyprus was a remarkably smooth and convenient experience for me. After meticulously gathering all the necessary documents, including the application form and evidence of a stable monthly income, I personally visited the Civil Registry and Migration Department in Nicosia within the first three months of my arrival. There, I submitted all the required paperwork, filled out the application, paid the visa fees, and the entire process took only a few weeks."
