Can students get PR in Cyprus?
Indeed, international students have the opportunity to obtain permanent residency (PR) in Cyprus; however, this cannot be achieved directly through their status as students. The student residence permit is classified as temporary. The most prevalent route for students to attain PR involves completing their academic programs and subsequently transitioning to a different category of long-term residence permit, which can then render them eligible for PR.
The Path to PR After Graduation 🎓
Upon graduation, students can pursue PR by accumulating five years of legal, uninterrupted residence in Cyprus under a non-student temporary residence permit. This procedure generally encompasses the following steps:
Complete your degree: It is essential to successfully conclude your studies at an accredited Cypriot university.
Obtain a post-study work permit: Numerous graduates secure a post-study permit, which provides them with a grace period to seek employment.
Secure a job and work permit: The pivotal step involves obtaining a job and a work and residence permit. This permit enables you to legally reside and work in the country, and the duration spent under this permit contributes towards the five-year residency requirement for a long-term residence permit. The employment must typically be in a field related to your degree and must meet the minimum income threshold required for PR.
Reside for five years: You are required to live in Cyprus legally and continuously for five years with a valid temporary residence permit (excluding a student permit). Short absences from the country are permissible, but you must not be absent for more than six consecutive months.
Apply for PR: After fulfilling the five-year residency condition, you may submit an application for a long-term residence permit, which constitutes a form of permanent residency. This necessitates a new application to be filed with the Civil Registry and Migration Department.NETBD
Alternative PR Options
Although the five-year residency route is the most prevalent among students, alternative pathways exist, albeit they are less frequently chosen by recent graduates.
Permanent Residency through Investment: This expedited option enables you to obtain PR by making a substantial financial investment in Cyprus. The minimum required investment is at least €300,000 in either new residential or commercial property, or in a Cypriot company or investment fund.
PR through Marriage: Should you marry a Cypriot citizen, you may apply for a residence permit of unlimited duration after residing in the country for three years. This provision also extends to your minor children and parents or parents-in-law.NETBD
Key Requirements for the Application
Regardless of the specific route taken, all individuals applying for permanent residency in Cyprus are required to fulfill several general criteria:
Financial Stability: It is necessary to demonstrate that you possess a stable and sufficient income to support yourself and any dependents without depending on government aid.
Clean Criminal Record: You will be required to submit a certificate indicating a clean criminal record from both Cyprus and your country of origin.
Health Insurance: It is essential to have valid health insurance that encompasses all medical risks while in Cyprus.
Accommodation: You must provide evidence of stable accommodation in Cyprus, which can include a rental agreement or documents proving property ownership. NETBD
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