3016 Limassol, Cyprus

41, Misiaouli & Kavazoglou Street, 2nd Floor, Office 201

+357 25 87 14 14

41, Misiaouli & Kavazoglou Street, 2nd Floor, Office 201

+357 96 63 66 26

WhatsApp, Viber​

MOVING IN FOUR STEPS

Relocation to Cyprus

Moving to Cyprus can seem complicated, but we’re here to assist you. We offer a full range of moving services and handle every aspect, from A to Z.

Contact a specialist
Odysseas Melikides
Founder & CEO of M. Target Group

WHAT MAKES CYPRUS ATTRACTIVE

AN IDEAL PLACE FOR ENTREPRENEURS, FREELANCERS, AND STARTUPS.

Easy process of setting up a company remotely

Exemption from taxation on income from securities transactions

Tax-free status "Non-Domicile"

Simplified system for hiring foreign employees

No withholding tax on dividend and interest payments

Tax benefits on profits from the sale of securities

Ideal for working with the European Union and the USA

Exemption from tax on dividend income

No taxes on assets

FOUR STEPS TO A BORDERLESS BUSINESS

.01

COMPANY REGISTRATION

We prepare and submit the application to the Registrar of Companies of the Republic of Cyprus. Your personal presence is not required

Processing time: 10 business days.

.02

OPENING A BANK ACCOUNT IN CYPRUS

We assist in preparing all the necessary KYC information and meeting the minimum requirements for bank compliance to approve the bank application.

Processing time: 30 business days.

.03

OBTAINING PERMISSION TO HIRE FOREIGN EMPLOYEES

To obtain permission to hire third-country employees (non-Cypriot and non-EU) and arrange their residence permits with work rights, our specialists will assist you in obtaining the certificate of a ‘Company with Foreign Interest.’ Your personal presence is not required.

Processing time: 20 business days.

.04

ARRANGING WORK VISAS FOR FOREIGN EMPLOYEES

Preparation of the required documents for employees and their family members. The work visa is issued for two years and can be renewed every two years thereafter

Processing time: 20 business days.

FREQUENTLY ASKED QUESTIONS

For how long is a work visa issued to employees of international companies?
For two years with the option to extend.
You cannot be absent from the country for more than 90 consecutive days. If this period is exceeded, the work visa will be invalidated, and re-entry to Cyprus with this visa will be impossible.
Spouses and minor children.
Do the spouses of work visa holders have the right to work in Cyprus?
Yes.
A minimum of 2,500 euros per month before taxes and fees.
There is no such requirement from the immigration authorities.
However, a Cypriot bank account will be needed to issue a guarantee letter for family members.

OUR SERVICES

Your Success is our Target

CONTACT US TO LEARN MORE OR TO RECEIVE A PERSONALIZED CONSULTATION.