How Can You Get A Permanent Residency In Cyprus By Working From The Internet?

Cyprus has become a hot spot now in the Mediterranean coast, drawing investors and tourists from around the world. At prime locations in Cyprus like Nicosia or Limassol, there is a recent surge in the number of buyers of the property. Yes, with the government’s approval for the foreign nationals to buy the property and settle down, the numbers have risen. However, there are quite a few prerequisites to follow before you get your permanent resident permit. You may have seen countries giving such grants to full-time working people or students. But if you are working from home as a freelancer, what is your chance? Let us check on how to get Permanent Residency in Cyprus, working from home.

  • Profession: You must have a job in a foreign company and not any company in Cyprus. You can even be working full-time or freelance from home as long as you do it legally. You will definitely need to show your annual income and savings to ensure you can afford to settle down in Cyprus if you go for a permanent residence here. In case you are found to be indulging in any profession in Cyprus, you will face legal problems.


  • Minimum Annual Income: If you are from a non-EU country and willing to buy a property in Cyprus, you need to have an annual income of €30,000. This could legitimately be your salary from abroad.


  • Extra Income Support For Every Dependent: If you have any dependents, you need to add €5000 to your annual income.


  • Have Sufficient Savings in a Cypriot Bank: You need to show the papers and documents proving your savings in a Cypriot bank to provide for your family.


  • Your Regular Visit to Cyprus: The clause also requires you to have visited Cyprus at least once in two years.


  • Language of Documents: All your legal documents should be in English or Greek. An official translator should do the translation for you before you purchase the property.

The permanent residence permit issue will be for the long-term of five years. You may go for an extension of validity after its expiry and then after it automatically gets renewed. In short, even if you are working from home, you can get your PR to help you settle down in Cyprus.


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Permanent residency Cyprus
Permanent residency Cyprus
How To Sell On Amazon FBA With A Company In Cyprus?


For those business minds that do not leave out on any single opportunity to make a considerable profit, selling on Amazon is easy money while working at the comfort of home. Amazon is one of the greatest retail e-commerce platforms on the whole Earth that not only has a large consumer base, but the seller count too is enormous. Utilizing the opportunity to sell to a large group of audience is vital owing to the tax benefits that you get as a resident of the recovering economy of Cyprus. Utilizing both the opportunities to the fullest offers very high ROI than any other business model with a lesser effort from your side.

How Amazon FBA Works?

Amazon doing business in about a dozen countries is open for sellers and buyers from the rest of the world too. For those wondering if Cyprus is one among the list, it is among the 102 countries that Amazon accepts for selling. Added with the free trade policy of Cyprus, you literally can make a lot of money with zero or very less tax to be paid back. Amazon has its doors open for sellers and offers many methods to engage them for a smooth trade. One of which being not required to have citizenship or a company in the market you want to sell. For instance, you can sell in the US market through by just owning a Cyprus company and a Cyprus citizenship.

Amazon Fba Cyprus


How to Sell Goods to the US Audience from Cyprus?

Topping all, the Amazon FBA Cyprus mode of business is what makes a whole lot of difference than selling in any other e-commerce platforms. You have to choose between individual management, which is a hassle for out-of-country sellers, and the Fulfilled By Amazon (FBA). To the question of how to operate Amazon FBA in Cyprus, there is nothing more to do than shipping the products in bulk to the nearest Amazon warehouse, and you can wait for the money to flow in. Just the marketing is left to be done from the seller’s end. Every other thing from packing, dispatching, and listing the product is taken care of by the people at Amazon. The payment of sold goods is credited through the bank account submitted in prior. Speaking of bank accounts, the registration process for becoming an Amazon seller is easy taking less than an hour if you have the tax number and other documents ready with you.


Learn More from the Offical Amazon FBA website