Residential Permit is easily obtained for persons living in Cyprus, who have purchased property 

Temporary Permit: The granting of this permit requires the existence of a bank account in Cyprus and a sales agreement of the property purchased. Temporary residence status can be from one to four years. 

Permanent Permit: In addition to the above requirements, the applicant must establish evidence of a secured annual income of not less than CYP5 300 (five thousand three hundred Cyprus pounds) for a couple. 

Non-Cypriots wishing to reside permanently in Cyprus must apply to the Committee of Aliens Control. To obtain residence permission a Non-Cypriot should fall in the following categories: 

CATEGORY A: In this category are included people who are interested to open an offshore office in Cyprus. 

CATEGORY B: In this category are included self-employed foreigners who are interested to open their own business in Cyprus on the condition that their operations will not have negative impact on the economy of Cyprus. Additionally the minimum capital required is CY£150.000 

CATEGORY C: In this category are included Non-Cypriots who are interested to be employed in Cyprus by a Cypriot employer. Permission is granted on the condition that their employment will not lead to an increase in the local unemployment in the profession they will practice. 

CATEGORY D: In this category are included foreigners not employed in Cyprus however would like to reside permanently in Cyprus. Permission will be granted on the condition that they have received from abroad and is no less than CY£3.800. 

Non-Cypriots wishing to take up employment in Cyprus are required to have a permit under the Aliens and Immigration Law. 

Temporary residence is easy to obtain once the applicant fulfils certain requirements. To apply for temporary residence a visit to the local immigration office should be arranged and produce the following documents