Work In Cyprus – Third Country Nationals

Many Foreigners who wish to move to Cyprus wish to know, can Third Country Nationals work in Cyprus? The Labour Department is responsible for applications from Employers. This to employ Third Country Nationals for short term needs (1-2 years). Also, provide that Cypriot or European citizens do not meet those specific needs of the Employer to work in Cyprus. The main criterion to apply for the employment of a Third Country National is the Non-availability of European staff. That to satisfy the specific needs of the employers.

Civil Registry and Migration Department

It is important to mention that companies in which the majority of shares are possess by Third Country Nationals. Those can register at the Civil Registry and Migration Department. Also, as a foreign interest company, invest the amount of €200,000 for the operation of the company in Cyprus. Further, employ third country Nationals qualified managers, key personnel. Finally, supportive staff to work in Cyprus.

Fast track business activation mechanism creteria – work in Cyprus

This procedure has become a fast track procedure lately for company which applies at the fast track business activation mechanism which fulfill the criteria below:

• Companies should have a physical presence in Cyprus including establishment/operation of independent offices that are separated from any private residence.

• Existing companies set up abroad (should have a minimum turnover of €500.000 per year for 3 of the last 5 years.
• New companies should have a 5-year business plan.

For further information you can contact G. KOUZALIS LLC