Immigration Permits for Business Owners – Category C

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Immigration Permits for Business Owners – Category C

The Cyprus Category C Immigration Permit provides non-EU entrepreneurs and self-employed professionals with the right to both live and work in Cyprus through direct investment in a Cyprus-registered business. Unlike the Foreign Interest Company (FIC) regime, which focuses on relocating teams and personnel, Category C is specifically designed for the business owner or individual professional.

It enables applicants to establish operations, carry out their trade or profession, and benefit from Cyprus’ favourable tax and lifestyle environment.

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Key Points of Eligibility for Category C Permits

To qualify, applicants must:

  • Invest at least €260,000 into the establishment and operation of a Cyprus-registered company.

  • Ensure that the investment is funded from abroad and demonstrably linked to the company’s local activities.

  • Be the owner, employee or self-employed by the company. The permit remains valid only as long as this condition is met.

  • Provide evidence that the company’s activities contribute positively to the Cyprus economy and are not detrimental to local business or employment, through a business plan submitted.

  • Maintain proper business premises in Cyprus (not residential), with supporting documentation such as rental or ownership agreements.

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Uses of the Category C Immigration Permit

Entrepreneurial Residency

Grants the owner the right to both reside and work in Cyprus while running their company.

Family Benefits

The permit may include the spouse and dependent children under 18, granting them permanent residence. Spouses also enjoy unrestricted access to the local labor market.

Business Continuity

Permits remain valid indefinitely, provided the applicant continues to own or be employed by the Cyprus company.

Strategic Relocation

Enables business owners to reposition part of their operations in the EU while maintaining international links.

Expertise

Our Category C Permit Services

At KIKLON Partners, we guide clients through the entire Category C application process, ensuring compliance and a smooth transition into Cyprus business life.

Eligibility Review & Advisory: Assessing whether your business model and personal profile meet Category C criteria.

Company Incorporation: Registering your Cyprus company and preparing the legal documentation required for the permit.

Business Plan Drafting: Preparing and submitting a tailored business plan that demonstrates economic contribution and viability.

Application Preparation & Filing: Managing all paperwork, submissions, and communication with the Civil Registry and Migration Department.

Bookkeeping & Financial Compliance: Setting up and maintaining statutory bookkeeping, VAT registration, and ongoing accounting support for your Cyprus entity.