禁漫天堂

I assume those figures are sterling which currently equates to approx 20k euros so 9k euros short of pink slip requirements as minimum income levels ..

There have been very few if any cat F visas issued since 2018/19.... And until they are you are likely to need pink slips anyway ...

By my calcs if you can invest 240k at a minimum of 4% per annum then Yiu stand a chance of making that 9k up.聽 .

It may be worth speaking to an immigration expert in regards to the residency by Investment route slow track...with a substantial house purchase investment That would be my advice ..these specialist often know the short cuts...good luck

It's also worth remembering that rules change all the time and sometimes at short notice..聽 聽

Toon

Can I get a pink slip visa by opening a bank account in joint names with my civil partner with an opening balance of 38,800 Euros ?

Plus showing our UK Bank accounts which are in joint names which show we have over 28,800 Euros going in together on a monthly basis from my UK state pension plus my UK private company pension , plus my partners private monthly pension ------聽 is that adequate to show such Bank account printouts ?

And if I then top up the amount in the Cyprus Bank back to 38,800 Euros before applying for a renewal from my UK bank account will that be sufficient ?

I want to avoid paying monthly sums from the UK Bank to the Cyprus Bank

thanks

Gordon76

Oh forgot

I saw your S1 info --- much appreciated as i was not aware

thanks again

Gordon76

Funds must be deposited from abroad to a Cyprus bank Gordon

NB you as a married couple currently only need to show 2000 for you and 400 for spouse per month in regular monthly income...

The initial deposit required seems to vary depending on immigration lawyers, assisters and those who conduct the appointments having a good day or bad day

I posted this on another thread.

Here is our experience of income requirements when applying for a Pink slip over the last 3 years. If you have a civil partner, I understand you need additional documentation for the immigration process. All Information is for a couple, with a joint bank account in Cyprus.

On our first application in 2022, we were told we needed at least 鈧�30,000 in our Cypriot bank on the day of our appointment with the appropriate bank statements in joint names showing that amount. When we renewed in 2023 and 2024 we needed to show an income from our pensions coming into our Cypriot bank every month during the preceding 12 months that amount needed to exceed 鈧�2400 per month. In addition to the above income coming into the bank, we needed to show a balance of at least 鈧�12000 on the day of renewal.

The income that we have coming into Cyprus is a mixture of state pensions, private pensions and UK Government pensions (Army and Local Government). The main difference is that our UK Government Pension are taxed in the UK and not in Cyprus. Fortunately, neither of our Government Pension exceeds our UK Tax allowance so we pay no UK tax.聽 Additionally, all our other pension income does not exceed the Generous Cypriot Tax Allowance we do not pay any Tax in Cyprus either.

A couple of points, when we applied we found getting the bank account more challenging than getting the Pink Slip. Once we had been here 6 months getting our driving licences changed was a challenge (it took 2 years in the end). Registering our S1 and getting on Gesy was straightforward. If you are bringing furniture, vehicles etc then dealing with customs and the Dept of Transport can be frustrating. I recently applied for a blue badge as I have a disability the process was easy and only took a few weeks.

As we both have UK State Pensions we are entitled to an S1 which once it has been registered you can benefit from Gesy.

I would be aware that the income requirements can change and are likely to do so as they appear to be under constant review. They can also be subject to the whim of the person in immigration on any given date. For example, the rules state you need 3 months cash in your bank for a couple at renewal which means 3 x 鈧�2400 = 鈧�7200. Yet on our renewal in 2023 and 2024, we were advised to have at least 鈧�12000 in the bank.

I will reiterate this has been our experience as a couple and other's experiences may differ.

@MacGeorge8035

Hi, was just wondering if my partner and I would be better off opening a joint bank account in the UK as proof of cohabiting.聽 We live together but are not civil partners. Would this help for a joint application for a Cypriot bank account and joint application for pink slip?

Carole

We had a co habitation form from immigration to complete and have signed by our muhtar that was 2 years ago but might be worth enquiring. We were told get everything in joint names

@Yorkiegirl

I am not necessarily the best person to ask me and my wife have had joint accounts for over 30 years. But, i don鈥檛 think it can harm it will also make it easier when immigration ask to see your joint income if it is in the same account. When you open your Cypriot bank account, open it as a couple it just makes it easier in my view.

if anyone else on here has opened separate bank accounts it would be be helpful if you could give Yorkiegirl your experience with immigration when proving income etc. post Brexit.

What Phil said

Irrespective of how immigration deals with you its beneficial to have a joint account here.. as if in the event of a death single accounts can be frozen until probate is completed...similarly car ownership and car insurance聽 home ownership, rental agreements utility bills etc as these too can be impacts upon a surviving spouse ..not a pleasant subject to discuss but it is essential to consider in the event of ones demise

These guys seem to have a lot of success with residency applications especially in the East of Cyprus.

YOUR HOME CYPRUS

info@yourhomecyprus.org

They specialise in offering bespoke immigration consultancy services to UK and EU passport holders. They LISTEN to your individual circumstances and advise on the best route through the immigration process for you and your family.

They are able to offer a professional, speedy service to help with all of your immigration requirements - they can cut through the confusing red tape for you!!

would be nice to have a company that is quick and efficient unfortunately not good for me as I live in the west :-/ Quick efficient and Cyprus is an oxymoron lol

Definitely get everything in joint names thou. I did that for exactly the reasons Toon says. Probate in Cyprus is very slow (years) and the outcome might not be as you would like. Get an LPA and Cypriot will in place that specifies UK jurisdiction for you.

All good info , thanks

Would it help to open a Cyprus bank account on-line before coming to Cyprus -- to save time help with costs perhaps ?

Can anyone put a rough price on how much getting professional immigration and tax advice ( presumably from the same company )聽 to get a pink slip and set up as a Cyprus tax resident ?

Plus what are the approx costs each year to get the pink slip renewed and get your advisor to satisfy Cyprus tax returns ?

Gordon

Don't think you can open a Cyprus bank Account online....

I think you may be able to start the process online from abroad, but they will require you to go into a branch in person to complete it.

You might be able to go to ula UK branch of Bank of Cyprus to get things rolling

Euro bank now owns the Hellenic bank in Cyprus - they have an office in London that can assist with your

question

@telf

Good spot sir

@Gordon76

When I opened our Hellenic account I was given a contact at the bank by our immigration agent. We communicated via email and I was able to send all the necessary documents to them prior to arriving on the Island. We still had to visit the branch to complete the process so it was relatively painless as we answered all the necessary questions and ensured our documents were all complete.

the bank wanted a lot of documents

@MacGeorge8035

Top info

fYI another financial impact on the latest budget

They will get u no matter how u try 2 look after yourself. Best keep the money under your mattress lol

How many contracts other than pensions r allowed 2 b varied infinitely over time untill Ur money has gone 2 IFAs pension administrators or HMRC 馃槵

Now we have official reports on the ineptitude of the FCA. No doubt the current person at the top will b moved 2 another overpaid job just like Andrew baily.. The are all just legal scammers taking Ur money. Not that I am bitter and twisted 馃�愷煒别煒�

If I manage to get a yellow slip will I become "domicile status"

regards

gordon

Non domicile for first 17 yrs

Thanks Toon

Looks like my best bet is coming over next year for 90 days and trying Cyprus out in the later months.

Meantime Mr Google advises me to wait till I get an Irish passport

Wonder what Labour will do meantime

I am half expecting they will soon limit what money can be sent abroad from a UK Bank or financial institution for that matter.

@Gordon76

It's always a good idea to try before you buy .especially with places like Malta and Cyprus...聽 You wont have any issues as a UK tourist for 90 days... Your uk GHIC will cover you for emergency medical treatment, altho it's not a good idea not to rely on that alone for cover

@Gordon76

No matter what the government does, there is always a way round using your "jailed" british cash if that was to happen