🇨🇾 Cyprus · Employer-sponsored work
Employment at a company of foreign interests (BCS) — requirements, costs & how to apply
Who is eligible
| Minimum monthly income | €2,500 |
| Minimum annual salary | €30,000 |
| Minimum investment | €200,000 |
| Job offer | Required |
| Employer sponsor | Required |
Duration & renewal
Does not lead directly to permanent residence.
Documents
- 'Ultimate Beneficial Owner (UBO) Search' Certificate by the Companies Section of the DRCIP (must reflect the current UBO state) through GOV.CY.
- Memorandum Articles of Association of the company (signed and stamped by the DRCIP).
- Immovable property title/deed or a purchase agreement or rental agreement (at least 12-month duration) for the business premises of the company.
- Latest Audited Financial Statements (AFS) for existing companies already operating in Cyprus (where applicable).
- Proof of Investment: Deposited amount of at least €200,000 (supported by a bank SWIFT or other equivalent document), or purchase invoices/receipts for a total amount of €200,000 for offices and/or equipment, or nominal capital increase of €200,000 with supporting bank/transaction documents (more information in 'Eligibility Criteria', Criterion 2).
How to apply
- Confirm you meet the eligibility above.
- Gather documents and apply via the official portal: https://www.gov.cy/mip-md/documents/etaireies-ependytes-monimi-diamoni/etaireies-xenon-symferonton/.
- Typical processing: ~10 days.
Frequently asked
How much income do I need?
You must show €2,500.
Does this visa lead to permanent residence?
No — it does not lead directly to permanent residence.
Sources & verification
Every figure on this page is taken from an official government source and dated. Nothing is inferred.
“(α) Απασχόληση υψηλών απολαβών - Λήψη ελάχιστου μεικτού μηνιαίου μισθού ύψους €2500.”
“Απασχολούμενος με υψηλές απολαβές σε εταιρεία ξένων συμφερόντων μπορεί να διαμείνει στη Δημοκρατία χωρίς χρονικό περιορισμό, νοουμένου ότι είναι κάτοχος έγκυρης άδειας προσωρινής διαμονής και απασχόλησης. [άδεια προσωρινής διαμονής; renovável indefinidamente; página silente sobre residência permanente para esta categoria]”
Not sure if you qualify?
Get a free, source-backed verdict on every route you're eligible for — in 3 minutes.
Get Your Free Verdict →Other Cyprus routes
Citizenship by Descent (Jus Sanguinis) — Cyprus: requirements, costs & how to apply (2026)Digital nomads and family members (VIS) — Cyprus: requirements, costs & how to apply (2026)EU Blue Card — Cyprus: requirements, costs & how to apply (2026)Intra-Corporate Transferee (ICT) — Cyprus: requirements, costs & how to apply (2026)Highly Skilled Worker — Companies of Foreign Interest (BFU/BSC) — Cyprus: requirements, costs & how to apply (2026)Category E — Cyprus: requirements, costs & how to apply (2026)Intra-Corporate Transfer — Cyprus: requirements, costs & how to apply (2026)Domestic work (DW) — Cyprus: requirements, costs & how to apply (2026)Compare all Employer-sponsored work programs →
More about emigrating to Cyprus →
Informational only, not legal or immigration advice. Requirements change — always confirm on the official government source linked above before applying. Last verified 2026-06-24.