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Does a Cyprus residency by investment give me the right to live anywhere in the EU or do I have to maintain main residence in Cyprus?

Would I be able to seek employment in Germany with a Cyprus residency?


Answers
  • Costas Indianos & CO – Advocates & Legal Consultants
    September 25, 2023

    You can live anywhere in the EU, but you must maintain residence in Cyprus by not staying out of the country more than 2 years. According to the Cyprus Permanent Residency, you can seek employment in Germany, but you must verify if the Germans have any restrictions on that.

  • Nobel Trust Limited
    September 25, 2023

    No. The Cyprus residency by investment gives the right to live in Cyprus only. You will not be able to seek employment in Germany with it.

  • Fidescorp Chartered Accountants
    September 23, 2023

    Cyprus residency only allows you to live in Cyprus as Cyprus is still not part of the Schengen zone. It is however easier to obtain a Schengen visa once a Cyprus residency holder.

  • Parparinos & Hadjipanayis LLC
    September 23, 2023

    No, Cyprus residency by investment gives you the right to reside in Cyprus only. Also, it does not give you the right to get employment in Cyprus or in any other EU country.