Temporary residence and employment permit for third-country nationals
Companies of Foreign Interests / highly paid employment; general remunerated employment single permit – GEN
Third-country nationals need a temporary residence and employment permit to work in Cyprus. The main skilled route is employment by a 'company of foreign interests' under the Strategy for attracting companies (in force since 2 January 2022), where highly paid staff earn at least EUR 2,500 gross a month and no labour market test applies. Companies not already on the register must first register through the Business Support Center (BSC) of the Ministry of Energy, Commerce and Industry, which the Migration Department pages describe as the successor channel to the former Business Facilitation Unit. Other employers use the general single permit (GEN) route, which needs a contract approved by the Department of Labour.
Life in Cyprus
Money
3
Currency
Euro
EUR
Euro
Cost of living
67
Price level · US = 100
World Bank price levels, 2025
Tax
20–35%
Income tax (national)
VAT 19%
After the 2026 reform: 0% up to EUR 22,000, 20%/25%/30%, then 35% above EUR 72,000.
Living
1
Happiness
#60 of 145 countries
World Happiness Report 2025
Your edge here Members
What gives you an edge here: passports, visas and permits you hold, work, study, language and family ties
Who it’s for
Non-EU nationals with a job offer from a Cyprus company of foreign interests (highly paid or support staff), or from another Cyprus employer under the general employment route.
Eligibility
Employer is a company of foreign interestsCompanies of Foreign Interests
Your employer must be on the Register of Foreign Interest Companies; new companies first get written confirmation from the Business Support Center (BSC).
- BSC checks eligibility and issues written confirmation of registration
Official wording
The employer must be on the Register of Foreign Interest Companies. New companies apply first to the Business Support Center (BSC), which checks eligibility and issues written confirmation of registration.
Minimum salaryCompanies of Foreign Interests – highly paid
You need to be paid at least EUR 2,500 gross per month as a highly paid employee.
Minimum gross salary per month
- Highly paid employee
- EUR 2,500
- Existing key personnelrenewals with same employer
- EUR 2,000
- Existing key personnel on at least EUR 2,000 could keep renewing until 31 December 2026
- The EUR 2,000 renewal option applies only with the same employer
Official wording
Highly paid employees must receive at least EUR 2,500 gross per month. Existing key personnel on at least EUR 2,000 could keep renewing with the same employer until 31 December 2026.
Qualifications or experienceCompanies of Foreign Interests – highly paid
Show a relevant academic qualification, or at least two years of experience relevant to the position.
Official wording
A relevant academic qualification, or at least two years of experience relevant to the position.
A sneak peek at what's inside
- Next requirementTwo-year contract
- Document checklistApplication form BCS (Companies of Foreign Interests)
- FeesEntry permit and residence permit (1–3 years) – company of foreign interests
The full requirements are for members
Create an account and subscribe to see every requirement, the full document checklist, fees, steps, processing times and conditions, and how your profile compares.
- 6 more requirements
- 11 documents
- 6 fees
- 8 steps
- Processing times and conditions
Places to visit in Cyprus
Attractions picked for you, based on your profile and interests.
Finding places for you…
Official sources
- Migration Department – Companies of Foreign Interests: Legislation and policy (posted 30 Dec 2025)
- Migration Department – Procedure, processing time and maximum duration (Companies of Foreign Interests)
- Migration Department – Family members of TCNs employed at companies of foreign interests
- Migration Department – Companies of Foreign Interests (BCS) forms
- Migration Department – Remunerated employment (single permit – GEN)
Other routes to Cyprus
- Visit & tourismCyprus short-stay visa (type C) and visa-free visits
- StudyEntry permit and temporary residence permit for students
- FamilyFamily reunification of family members of third-country nationals
- Investors & entrepreneursCyprus Digital Nomad Visa Scheme