For the retired and the wealthy:
The annual income required should be at least €9568,17 for a single applicant and moreover at least €4613,22 for every dependent person, but the Immigration Control Board may demand additional amounts as necessary.
What is considered to be “secured annual income”?
Secured annual income can be defined as any income which the beneficiary will automatically receive without having to make an extra effort.
First of all: an old age pension (that was in fact what was initially referred to). If such a pension is over the above mentioned amount, and the pensioners have their own property, they should have no problem in obtaining an Immigration Permit Category F.
Other forms of secured income are considered as well. For example:
The application form together with the above mentioned documents have to be submitted to the Civil Registry and Migration Department in Nicosia directly or through the District Aliens and Immigration Branch of the Police.
After verifying that the application is complete and all necessary documents have been submitted, the District Immigration Police will be asked to investigate the applicant(s) and issue a report. They may call the applicant(s) in for an interview (which they usually do).
Next, the Ministry of Interior will ask the District Office under which the applicant resorts to investigate the application and to draft a report as well. Some District Offices always invite the applicant(s) for an interview; others do this on a random base.
When the application is received by the responsible Immigration Officer in Nicosia together with the above reports, he/she will write a final recommendation to the Immigration Control Committee.
The application is finally approved (or rejected) and signed by the Minister of Interior, based on the recommendations of the Immigration Control Committee.
It can take up to a year for a decision to be made, counting immediately after all documents are submitted. The applicants have to make sure to continue to renew their existing Resident Permit if it would expire during this time.
Category F – Preferable Treatment
This type can be granted to people who satisfy the criteria of Category F and additionally purchase a house at the price of €300000 or more.
Category F – Preferable Treatment gives an option of expedited review of the application and facilitates the process.
In addition to documentation required for obtaining Category F immigration permit, applicant shall submit: