Cyprus is a well-liked destination for immigrants from all over the globe who are drawn to the nation by its lovely environment, kind people, and standard of living. The number of persons who may come to Cyprus each year is governed by a variety of immigration quotas and limitations. The fact that Cyprus’s immigration quotas and limitations change based on a variety of circumstances is one of the most important things to comprehend. These might include the kind of visa being requested, the applicant’s place of origin, and the general level of interest in immigrating to Cyprus. For instance, certain visa categories may have tougher limits than others, and Cyprus’ immigration regulations may vary depending on the country.
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Cyprus’s various immigration limits and caps
The various immigration caps and quotas in Cyprus are as follows:
Quotas for non-EU citizens
Cyprus has quotas in place for several visa categories for non-EU nationals. Each year, the government establishes these quotas, which might change based on the kind of visa being requested. The cap on Category F visas, which are intended for investors and their families, was set at 700 in 2021. While the cap on Category E visas, which are intended for independent contractors, was set at 100. Other criteria must be satisfied in addition to these quotas to be eligible for these visas. A business plan and proof of enough financial resources are required for the Category E visa, but the Category F visa calls for a minimum investment of €2 million.
EU residents
Generally speaking, there are no quotas or restrictions on immigration to Cyprus for nationals of EU member states. But there are also limitations on employment in several industries, including healthcare and education. If they wish to work in certain industries, EU residents may need to fulfill additional criteria or receive specific licenses.
Caps on work permits
The total number of work permits that may be given annually in Cyprus is similarly capped. These limits are intended to guarantee that there are sufficient employment possibilities for Cypriots. Depending on the industry and the general need for personnel, the limitations may change. The limit on work permits in the hotel industry, for instance, was set at 7,000 for 2021. Thus, in that industry, only 7,000 non-Cypriot employees may get work permits in a given year. It’s important to remember that these caps may alter annually based on the demands of the economy and labor market.
Investment program in Cyprus
The Cyprus Investment Program is one of the most frequent routes used by people from outside the EU to come to Cyprus. Through this scheme, international investors who make a large investment in the nation may get citizenship. A clean criminal background and proof of adequate financial means are two further prerequisites for participation in the program. It has a minimum investment requirement of €2 million. There is a limit on the number of applications accepted by the program each year, so only 700 investors may be awarded citizenship.
The quota for family reunification
Cyprus also has a certain number of family reunification visas available, allowing relatives of its citizens and long-term residents to join them there. Applications are handled on a first-come, first-served basis, with a limit of 300 every year.
Quotas for specific sectors
Additionally, Cyprus has industry-specific quotas in effect for several sectors, including healthcare and education. These quotas are intended to guarantee that there are adequate employment opportunities in these industries for Cypriot nationals. Non-Cypriot employees who wish to work in these industries would need to fulfill additional criteria or receive special permissions.
It’s important to keep in mind that Cyprus’s quotas and limitations may vary from year to year, depending on the demands of the economy and the labor market. Before requesting any kind of visa or permission in Cyprus, it’s crucial to confirm the most recent rules and specifications.