Third country nationals (non-EU citizens) can apply for the Cypriot residence permit under the Regulation 5 of the Aliens and Immigration Regulations. The following qualifications are required for the application:
- - Clean criminal record
- - Purchase a property
- - Confirmation letter from a local bank
- - Evidence of annual income
- - Capturing biometric data from all applicants
The successful applicants must acquire the Cypriot residence within one year from the approval if the resident does not live in the country. The Ministry of Interior may revoke the residence permit if the resident does not visit Cyprus for two years.