Cyprus: Work Visas

Cyprus has completed the technical requirements for Schengen accession, but political approval remains pending. What would membership mean for residence permits, visa issuance, and cross-border mobility—and what common misconceptions about tax residency need to be addressed before businesses and individuals plan their next move?

As part of its ongoing digital transformation, the Republic of Cyprus has introduced a new electronic service for the renewal of residence permits for third-country nationals. The new platform, launched on 6 July 2026, aims to simplify the renewal process, reduce administrative burdens, and provide a more efficient and user-friendly experience for applicants and their representatives.

Over the past decade, Cyprus has steadily strengthened its position as an international business hub, attracting foreign investment, multinational companies and highly skilled professionals from across the globe. Its strategic location, competitive tax framework and expanding economy have made the Republic an increasingly attractive destination for businesses seeking to establish operations within the European Union.

Many third-country nationals choose the Temporary Residence Permit — commonly referred to as the "Pink Slip" — when they wish to reside in Cyprus for extended periods without working locally.

Unlock Your Future: How To Get A Skilled Labour Visa For Cyprus In 2025...

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Firstly, it is important to understand that tax residency and legal residency are two entirely different things and it is essential not to confuse the two.

https://www.cyprusaccountants.com.cy/ Live recording session with our network colleagues about the reasons businesses, entrepreneurs and investors relocate to Cyprus and why it is a very good service line for our business.

Cyprus is on track to join the Schengen Area by 2026, with President Nikos Christodoulides confirming the country will be technically prepared by the end of this year.