Cyprus boasts a rapidly expanding economy, presenting ample opportunities for individuals seeking to relocate, establish a business, pursue a profession, or secure employment. As an EU member state, Cyprus offers enticing tax incentives and a dynamic international business environment. Foreign nationals aspiring to work in Cyprus must fulfill three essential requirements:
1. Work Permit: Before traveling to Cyprus, candidates must possess an offer of employment, and their prospective employer must initiate the application process on their behalf.
2. Work Visa: Distinct from the work permit, a work visa permits entry into Cyprus. Once in the country, the work permit facilitates lawful employment and enables registration for relevant tax and social security benefits.
3. Residence Permit: Individuals intending to stay in Cyprus for 90 days or more must obtain a residence permit, in addition to holding a work visa and permit.
Typically, employers undertake the responsibility of applying for a work permit. The permit must be registered through a Cypriot organization before the employee can proceed with the work visa application.
Alternatively, individuals can pursue other avenues to obtain a work permit. One option involves applying directly to the Department of Labour subsequent to securing employment and agreeing to the terms outlined in an employment contract. Upon review, the department issues a recommendation letter to the employer, which serves as a basis for processing the work permit.
Another avenue is via the Migration Department. Following the issuance of a recommendation letter to the employer, they can proceed with the work permit application.
Professionals filling positions within skill shortage areas benefit from expedited processing. Presently, sectors experiencing shortages include healthcare, information and communication technology (ICT), finance, university education, and business services.