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🛂 OVERVIEW
Country 🇨🇾 Cyprus
Visa Name Digital Nomad Visa
Local Name Βίζα Ψηφιακού Νομάδα
Program Type Formal dn visa
Status Active
Initial Duration 12 months
Max Duration 36 months
Income Requirement EUR 3,500/mo (~$3,780 USD) · EUR 42,000/yr
Application Fee $151
Tax Status Special rate
📋 REQUIREMENTS
Health Insurance Required
Criminal Record Check Required
Accommodation Proof Required
Proof of Employment Required
Degree Required Not required
💼 WORK RULES
Local Work Allowed No
Freelancer Eligible Yes
Employee Eligible Yes
Work Permit Included No
👨‍👩‍👧 FAMILY & DEPENDENTS
Dependents Allowed Yes
Extra Income per Dependent $756/mo
Dependent Fee $76
💰 TAX DETAILS
Tax Status Special rate
Tax Regime 50% Exemption for Foreign Workers
Regime Duration 17 years
Foreign Income Taxed No
Tax Residency Trigger 183 days
📝 HOW TO APPLY
Application Method in country
Processing Time 25–49 days
Can Apply In-Country Yes
Multiple Entry Yes
Can Open Bank Account Yes
Renewable Yes
📝 NOTES

Cyprus is in the EU but NOT in the Schengen Area. Income requirement: EUR 3,500/mo net, +20% for spouse, +15% per child. Initial 1 year, renewable for 2 additional years (3 years total). Cannot work for Cypriot employers. No tax on dividends, capital gains from securities. Foreign workers earning EUR 55,000+ can claim 50% tax exemption for up to 17 years. Must apply from within Cyprus or at Cypriot embassy. Family members (spouse, civil partner, minor children) can reside for same period.

🏠 ALSO IN CYPRUS

Cyprus also offers these long-term residency programs:

Source