Indicator history

In general, given that third country nationals must be obtain a entry/work permit before they are permitted to enter Cyprus, the fee involved in securing these permits is relatively low. As soon as they arrive, all third country nationals must register with the immigration authorities. The fee for such registration is €34,17. Same fee must be paid for every renewal of such registration.

An entry permit fee of €34.17 + plus a bank guarantee letter must be provided in order for the residence/work permit to be issued. The bank guarantee amount is €341,72 for persons from Arab countries, €512,58 for Eastern Europeans and €854,30 for Asians. The amount is based on the (perceived) cost of the air ticket for repatriating the employee. The guarantee must be valid for over 1 year after the employment contract expires.

Spouses of Cypriot citizens are also required to register (paying the fee of 34,17) and renew this registration, paying the same fee again. For couples without children, a bank guarantee is also required, as above.