What is DIGITAL NOMAD in Cyprus and who is it suitable for?
The Cyprus Digital Nomad Visa program was introduced by a Decision of the Council of Ministers of the Republic of Cyprus dated October 15, 2021 as part of the strategy to attract business to Cyprus. This type of residence permit allows foreign nationals who are not EU/EEA passport holders to move to Cyprus, provided that they are able to work or provide services, regardless of location through telecommunication technology (remotely).
The practical meaning of Digital Nomad, is that the person who receives a residence permit accumulates income in Cyprus, will reside and pay taxes in Cyprus. The residence permit is issued for 1 year with the possibility of renewal for 2 years. Family members of the main applicant may reside in Cyprus for the same period as the applicant. Marriage and birth certificates are required to prove the relationship.
The residence permit in Cyprus has a restriction - the owners of this status can not leave the country for more than 3 months (90 days) in a row. In this case, the residence permit will be automatically revoked.