Pink Slip — Cyprus Residence & Work Permit

Any non-EU national (including British post-Brexit, Russian, Ukrainian, American, Israeli, Indian, etc.) who intends to reside in Cyprus for more than 90 days. EU, EEA, and Swiss citizens apply for the Yellow Slip instead.

No — the Visitor category does not permit employment with a Cyprus-based employer. However, you are permitted to work remotely for a company or clients based outside Cyprus. If you want to work locally, a different permit category is required.

You must demonstrate a minimum of €24,000 per year from sources outside Cyprus (salary from a foreign employer, freelance income, rental income, dividends, etc.). This is a common threshold, though immigration officers may assess overall financial sustainability.

No — the requirement varies by nationality. UK, UAE, Swiss, and Singaporean nationals are among those currently exempt. Most other nationalities (including Russian, Ukrainian, and US citizens) require a bank guarantee in addition to the €10,000 bank deposit. We confirm the exact requirement during your eligibility review.

Typically 4–8 months from submission to the Civil Registry and Migration Department (CRMD) in Nicosia. Processing times can fluctuate with demand, and incomplete applications will extend the timeline significantly.

Yes, but you must not stay outside Cyprus for more than 90 consecutive days once your Pink Slip is issued — this triggers automatic cancellation. During the processing period, travel is generally permitted, but you should keep entry/exit records.

Yes — after 5 years of continuous legal residence in Cyprus, you can apply for permanent residency. Alternatively, a fast-track Permanent Residency Permit is available via a qualifying property investment of €300,000+ (Category 6(2)).