Cyprus

Passive Income

Visitor Temporary Residence Permit

💰 Minimum Income
€2,000
per month
Foreign remittances into a Cyprus bank account of at least €2,000 per month (€24,000 per year) for one person, increased by 20% for a spouse and 15% for each child. A one-off transfer or deposit of at least €10,000 is also accepted for the first permit.
⏱️ Duration
First permit is issued for 1 year and is renewable annually with no cumulative limit, provided the criteria continue to be met. Clergy of the Orthodox Church and recognised religious minorities may receive up to 3 years.
👪 Dependants
Yes
Spouse and minor children apply in their own right as dependent visitors, on the sponsor's finances and for the same period as the sponsor's permit. The income threshold rises by 20% for the spouse and 15% per child.

The Visitor Temporary Residence Permit — known almost universally among foreign residents as the "pink slip" — is Cyprus's general-purpose residence route for non-EU nationals who want to live on the island on their own means without working there. It is issued to third-country nationals who enter for long or short-term holidays, for touring, or to investigate the possibility of settling in Cyprus, and it expressly forbids any economic activity in the Republic. In practice it functions as the country's independent-means permit: prove stable income arriving from abroad, take no local job, and the permit is granted for a year at a time and renewed indefinitely.

It is the most accessible long-stay status Cyprus offers. There is no quota, the income bar is €2,000 a month, the fee is €70, and a decision usually arrives within four months — which is why it is also the standard interim status for applicants waiting out the multi-year queue for a Category F Immigration Permit. What it does not offer is the right to work: unlike the Cyprus Digital Nomad Visa, which is a separate scheme within the same "Visitor" family, the pink slip does not permit remote work for foreign employers.

Requirements
  • Third-country national who has entered Cyprus legally through a legal entry point, with a visa where one is required
  • Foreign remittances into a Cyprus bank account totalling at least €2,000 per month or €24,000 per year for one person, rising 20% for a spouse and 15% per child
  • Qualifying income may be salary, pension, deposits held abroad, rents, dividends or interest on deposits
  • By exception, income may include dividends from a Cyprus company where its accountant certifies no salary is drawn, rent from property in Cyprus, or salary already paid into a Cyprus account from previous work at a company of foreign interests
  • A ten-year bank guarantee from a Cypriot banking institution covering possible repatriation costs — €350, €550 or €850 depending on country of origin
  • Health insurance covering inpatient care, outpatient care and repatriation of remains ("Plan A")
  • Secured accommodation: title deed, stamped tenancy agreement, or a host declaration
  • Clean criminal record and a clear medical certificate (first permit only)
  • No employment, self-employment or business activity in Cyprus
Required Documents
  • Application form MVIS8 with the supporting-document list for the relevant visitor sub-category
  • Copy of a passport valid at least three months beyond the submission date, plus the page showing the last arrival and visa
  • Original clear criminal record certificate from the country of origin or residence, officially translated into Greek or English (first permit only)
  • Original medical certificate of blood tests for hepatitis B and C, HIV and syphilis, plus a chest X-ray for tuberculosis with a specialist's opinion stamped by a doctor in Cyprus (first permit only)
  • Original ten-year bank guarantee from a banking institution in Cyprus, in the applicant's name and drawn on their own account
  • Health insurance certificate (Plan A)
  • Title deed or land-registry purchase document, or stamped rental agreement, duly certified — or a host declaration
  • Detailed 12-month statement of the Cyprus bank account showing the incoming foreign remittances (from account opening for a first permit)
  • Declaration of the number of family members the sponsor will support in Cyprus
  • Summarised statement of income
  • Marriage certificate, authenticated and translated, where applicable

All supporting documents must be officially translated and duly certified.

Financial Proof

The test is not a balance in the abstract but a visible pattern of money arriving from outside Cyprus. Transfers sent abroad or to third parties are excluded from the calculation. For a first permit the Migration Department will alternatively accept a single transfer or deposit of at least €10,000, with a customs cash declaration where the money was carried in as cash. At renewal, whatever the family size, the account balance must be at least €6,000 — which the Department describes as three months' income.

Employment Restrictions

Holders cannot carry out an economic activity of any kind in Cyprus. This is stricter than it may sound: it rules out local employment, self-employment and running a business, and unlike the digital nomad permit it does not authorise remote work for a foreign employer. The only local income streams recognised are passive ones — dividends from a Cyprus company where the accountant certifies the holder draws no salary from the position, and rent from property in Cyprus.

Duration & Renewal

The first permit runs for one year. Priests, monks and nuns of the Orthodox Church or of recognised religious minorities may be granted up to three years on a request from the church, and a permit issued to the partner of a Cypriot citizen for the purpose of marriage lasts only three months. If the passport expires sooner, the permit is cut back to three months before passport expiry.

Renewal is unlimited so long as the criteria are still met. Apply at least one month before the current permit expires and book the appointment accordingly. Criminal record and medical certificates are not repeated at renewal, and copies replace originals for the bank guarantee, property document and marriage certificate — but biometrics and signature are captured again each time. A new bank guarantee is unnecessary if the existing one still covers the requested period plus a year.

Family Members

A spouse applies as a dependent spouse and minor children as dependent minors, each on a separate application but resting on the sponsor's finances, accommodation and bank guarantee. Their permits run to the same expiry as the sponsor's. Each application needs a certified declaration by the sponsor assuming expenses and accommodation; children additionally need an original birth certificate, the parents' marriage certificate, and — where relevant — a court decision on sole custody or the other parent's sworn consent to the child living in Cyprus. Children under 15 take a Mantoux skin test instead of a chest X-ray, and those under six born in Cyprus need no medical examinations at all. Adult parents or adult children can only join as visitors if their sponsor holds an Immigration Permit rather than a visitor permit.

Travel & Re-entry

A valid permit allows re-entry to Cyprus on presentation of the permit and passport, provided the holder has not stayed abroad for more than three consecutive months. While a permit is still being processed, check whether the fee receipt carries a re-entry stamp; if it does not, a re-entry permit must be applied for at the Department's head office with €10.25 in stamps, and is generally granted only for serious reasons such as health. Cyprus is not in the Schengen Area, so the permit carries no Schengen travel rights.

Path to Residency

The permit is temporary by design and does not itself become permanent. Long-term resident status requires five years of legal, continuous residence in the government-controlled areas while holding a valid residence permit; students, seasonal workers, asylum seekers and several other groups are expressly excluded. Visitors are not named in that exclusion list, but the Migration Department publishes no explicit confirmation that years spent on a visitor permit count toward the five, so anyone banking on that route should get it confirmed in writing. Applicants seeking a durable status generally file for a Category F Immigration Permit and hold a visitor permit while it is pending.

Tax Implications

The permit does not by itself make the holder a Cyprus tax resident — residency turns on days of physical presence and is administered by the Tax Department, not the Migration Department. Whether the holder becomes a beneficiary of the General Healthcare System (GESY) is likewise decided by the Health Insurance Organisation.

Application Process

Applications are filed in person in Cyprus on form MVIS8 — this is an in-country conversion, not something a consulate issues. Applicants living outside the Nicosia district arrange an appointment with the District Unit of the Aliens and Immigration Service of the Cyprus Police where they live; unlike Immigration Permits, the Digital Nomad Visa or the Start-up Visa, visitor applications are not restricted to the Nicosia headquarters. Applicants from other districts can only be served in Nicosia through an authorised representative whose office is there. Applications may also be lodged by an authorised representative.

Fees are €70 for issuance or renewal, plus a one-off €70 registration in the Aliens' Register for first-time applicants, at which point an Alien Registration Card is issued. Biometric data — photograph and fingerprints — and a signature are captured on presentation of the submission receipt and a valid passport; children under six give only a photograph. Decisions usually come within four months where the file is complete, and incomplete files take longer. Approval brings a letter explaining how to collect the permit; refusal brings a letter setting out the reasons. While the application is pending, proof of submission can be shown to the Police in the event of an inspection.

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