Cyprus Pink Slip (Temporary Residence)

Last reviewed: June 2026 · General information only · ~4 min read

What is the pink slip?

The pink slip is a temporary residence permit (Form MVIS3 / "Visitor" category) that lets non-EU nationals live in Cyprus for up to a year at a time, supported by income from abroad, without taking local employment.

It's a common first step for non-EU retirees, remote-income individuals and families who want to settle in Cyprus before considering permanent residency.

The headline figures: stable foreign income (commonly ~€24,000/year single, more for dependants) · secured accommodation · 1-year permit, renewable · no local work rights.

Who is it for?

This route is for non-EU nationals of independent means who want to live in Cyprus without local employment. Typical applicants include retirees and people supported by savings, pensions or foreign income.

What are the requirements?

You must show secured accommodation in Cyprus, sufficient and stable income from abroad, full health insurance, a clean criminal record, and a declaration not to work or study locally.

  • Accommodation: a rental agreement or property purchase in Cyprus.
  • Income: stable foreign income deposited into a Cyprus bank account; commonly cited around €24,000/year for one applicant, increased for a spouse and children.
  • Health insurance and a clean criminal record.
  • Declaration not to engage in local employment or business.
Exact income figures are applied at the discretion of the Migration Department and change over time. Your partner adviser confirms the current expectation for your family size.

What is the process and timeline?

You enter Cyprus and submit the application with supporting documents and biometrics. Processing commonly takes several months, and the submission receipt generally allows you to remain while the application is considered.

  1. Secure accommodation and open a Cyprus bank account.
  2. Prepare documents: passport, income evidence, bank statements, health insurance, clean criminal record (apostilled).
  3. Submit the application and give biometrics.
  4. Receive the temporary residence permit; renew annually.

Frequently asked questions

Can I work on a pink slip?
No. It is for people supporting themselves from foreign income, savings or pensions and does not permit local employment.
How much income do I need?
Stable foreign income, commonly cited around €24,000/year for a single applicant and more for dependants, plus secured accommodation.
How often do I renew?
Typically every year. Continuous lawful residence can count towards permanent residency or naturalisation later.
Pink slip or permanent residency?
If you can make a €300,000 investment, permanent residency avoids annual renewals. The pink slip suits those who prefer renting and lower outlay.

Ask about the pink slip

Tell the assistant about your income and situation. It will help you compare the pink slip with other relevant routes.

Related routes

Permanent residency Digital nomad visa Family reunification Relocation guides