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Legal foreign nationals if they have income of 40,000 euros
Posted: Fri May 27, 2022 3:26 pm
by Paphos Life
Foreign nationals can work or stay in Cyprus if they have an income of 40,000 euros annually, a privately-owned house of 250,000, when they are investors or self-employed or employees under certain conditions:...
Read the article and chat about it below...
Re: Legal foreign nationals if they have income of 40,000 euros
Posted: Fri May 27, 2022 4:47 pm
by Kili01
Yes, these are similar terms to those which were in existence prior to Cyprus joining the EU, basically for all 3rd country nationals. Now we are 'out of the Club' we are treated as 3rd country nationals. Those who voted 'leave' can now blame Brexit.
Interestingly, when we arrived in 1999, the requirement to buy property valued over a certain price was also around CY £200,00. I'm not certain what the required limit regarding guaranteed annual income was then. The easy movement between EU countries that we previously enjoyed is now denied to us Brits. Unless in possession of an MEU or MUKW form, for entering Cyprus.
Dee