The Cyprus Category F residence permit is available to non-EU nationals who can demonstrate sufficient independent financial means to support themselves and their dependants without recourse to employment in Cyprus. Applicants must show proof of stable and regular income from abroad, typically through pension income, rental income, dividends, or other passive sources. The minimum income thresholds are set by the Ministry of Interior and reviewed periodically. Applicants must also hold valid health insurance and have no criminal record.
Category F is a popular route for high-net-worth individuals, retirees, and entrepreneurs who wish to establish Cyprus tax residency under the 60-day rule or the standard 183-day rule without the need to obtain a work permit. Because the holder does not take up local employment, it does not generate employment income in Cyprus, but the holder may still be assessable on worldwide income as a Cyprus tax resident and may benefit from non-domicile status on passive income.
Category F permits are initially issued for one year and are renewable annually. After five years of continuous legal residence, permit holders may apply for long-term EU resident status. The permit does not automatically grant the right to work; any intention to establish a local business or employment relationship requires a separate authorisation.