Cypriot companies with significant annual turnover and business activities aligned with Cyprus’ development priorities may be eligible to employ highly skilled third-country nationals under the applicable immigration framework.
This category provides an important immigration solution for established Cypriot companies that require specialised international talent and wish to retain key employees in Cyprus on a long-term basis.
Who Can Qualify?
The category concerns Cypriot companies that:
- generate a significant annual turnover, including companies with turnover exceeding €1 million or other qualifying turnover levels;
- operate in sectors and activities that are consistent with Cyprus’ development priorities; and
- require highly skilled or specialised third-country national employees for their business operations.
Eligibility is assessed based on the company’s overall profile, financial activity, business sector and the position for which the third-country national is employed.
Key Immigration Benefit
A key benefit of this category is that qualifying highly skilled third-country nationals employed by eligible Cypriot companies are exempt from the general maximum four-year period of stay applicable to certain third-country national employment categories.
This allows qualifying companies to retain specialised international employees in Cyprus for longer periods, subject to the continued satisfaction of the applicable immigration and employment requirements.
Our Support
At M.S. MyConsultancy Services Ltd, we assist Cypriot companies with the assessment and immigration procedures relating to the employment of highly skilled third-country nationals, including:
- Assessment of the company’s eligibility and business profile
- Evaluation of the proposed position and employee eligibility
- Guidance on the applicable employment and immigration route
- Preparation and coordination of the application
- Liaising with the relevant authorities
- Residence and employment permit procedures
- Assistance with renewals and ongoing immigration requirements
Why This Category Matters
For established Cypriot businesses, access to international highly skilled personnel can be important for business continuity, specialised operations and long-term growth.
This immigration framework provides a route for qualifying companies to employ and retain highly skilled third-country nationals in Cyprus without being subject to the general four-year maximum stay restriction.
Important
Eligibility is not determined solely by the company’s turnover. The company’s business activities, development profile, financial position and the nature of the proposed employment are taken into consideration. Each case should therefore be assessed individually before an application is submitted.
Contact us for an assessment of your company and the applicable immigration route.