Remote workers and entrepreneurs can now live on a gorgeous Mediterranean island with the new Cyprus digital nomad visa.
The new scheme set to attract digital nomads to Cyprus allows these remote workers to live in the country for one year, with the option to renew for another two years. However, there is a catch to the Cyprus digital nomad visa. Initially, they are only accepting 100 applicants for the visa.
Update March 2022: Cyprus has increased the number of digital nomad visas available from 100 to 500.
Holders of the visa must stay in Cyprus for at least 60 days out of the year without leaving the country for more than three months at a time. This is excellent news for those who want to travel to nearby destinations.
If you live in Cyprus for more than 183 days out of the year, you will be considered a tax resident, even if you hold the digital nomad visa. You’ll be subject to paying taxes to Cyprus unless you are a tax resident elsewhere.
Don’t let this scare you, though. Cyprus is known for its excellent tax rates, especially for corporations and small businesses.
Cyprus, which is part of the European Union but is not part of the Schengen Area, joins other EU countries in offering a digital nomad visa including Croatia, the Czech Republic, Malta, Portugal, Spain, Greece, Hungary, and Estonia.
What is a Digital Nomad Visa?
A digital nomad visa is a residence permit for remote workers to live in a foreign country anywhere from six months to two years.
Applicants must prove that they work remotely for a company or clients outside of the country for which they are requesting the visa. Entrepreneurs must have businesses established in another country and self-employed individuals may not have clients within the country where they hold the visa.
This is perfect for digital nomads who want to settle down for a bit in a foreign country without worrying about overstaying their tourist visas.
Cyprus Digital Nomad Visa Requirements
As with any visa, there are certain requirements you must meet in order to be eligible to obtain it. Below are the requirements for the Cyprus digital nomad visa.
- Valid Passport – Must be valid for at least 3 months after arrival in Cyprus
- Proof of Remote Work – Employment contracts or business documents proving you work remotely
- Earn at least 3,500€/month – You must meet the income minimum
- Proof of Income – Submit certified bank statements and payslips proving your income earnings
- Proof of Health Insurance – You must have at least 30,000€ coverage in health and accident insurance in Cyprus
- Clean Criminal Record – You must submit a certified background check from your country of origin
- Address of Accommodations – A rental agreement or proof of sale for where you’ll stay in Cyprus
If you meet these requirements, you may submit an application for the digital nomad visa.
Steps to Apply
Applying for the Cyprus digital nomad visa is fairly simple. You will have to locate the nearest consulate to submit your application, though.
Step 1: Gather Documents
Before you begin filling out your application or make an appointment at the consulate, it’s a good idea to gather all of the necessary documents. You’ll need the following to apply for the visa:
- Valid Passport
- Notarized Passport Sized Photos (2)
- Proof of Remote Work
- Proof of Income
- Criminal Background Check
- Proof of Health Insurance
- Address of Accommodations
- CV and/or Resume
- Letter of Intent for Living in Cyprus
Once you have all of these documents you’re one step closer to submitting your application.
Step 2: Submit Your Application
Schedule an appointment at your nearest Cyprus embassy or consulate to submit your application.
You can most likely find the application form online from the consulate’s website. If you are applying within the United States, you can use this application here. You must also have your signature on the application notarized by a Notary.
There will be a visa application fee. Again, if applying in the US, you can expect to pay 20€ for a single-entry visa or 60€ for a multiple-entry visa.
Be sure to apply for the visa at least three weeks before your intended departure date.
Step 3: Wait for Approval
It can take anywhere from two to three months to receive an answer about your visa application. However, it can be shorter depending on the consulate and how many applications they’ve received.
Cyprus for Digital Nomads
With year-round sun and ideal temperatures, Cyprus is one of the few digital nomad paradises in the European Union. With excellent wifi networks and a hub of entrepreneurs, digital nomads can work productively and successfully while in the country.
Cyprus is also considered one of the safest countries in the world! This is a major benefit, especially for digital nomads who travel on their own. Plus, the residents are extremely friendly and welcoming to newcomers, making you feel right at home.
The cost of living is quite affordable considering the high-quality lifestyle you can expect to live while in Cyprus. Not to mention, the beaches are absolutely fantastic for soaking in the sun after a long day of sitting in front of your computer.
You’ll find a large digital nomad and ex-pat community thanks to the amazing weather and great tax structure. From nightlife to nature walks to exploring new cities, you’ll never be bored while living in Cyprus as a digital nomad. With the mesh of Greek and Turkish cultures, you’ll also get to experience unique traditions and taste some of the best food in the Mediterranean.
Get Help Applying for the Cyprus Digital Nomad Visa
Even after reading this article and step-by-step guide, applying for a digital nomad visa can be overwhelming and time-consuming. Luckily, you don’t have to apply for it on your own!
Nomads Embassy can help you apply for the Cyprus digital nomad visa with our trusted and professional partners.
Contact us or fill out the form above to get started on your Cyprus digital nomad visa application today!