Long-Term Housing

Minimum Rental Periods

The minimum rental agreement period is typically 1 year.

Required Documents for Signing a Lease

Typical documents required to sign a lease are:

• Valid ID (Passport)
• Permit of Stay for non-EU citizens
• Some landlords may require reference letter from local employer

Standard Security Deposit

The security deposit is equivalent to 1-3 months’ rent.

Local Norm for Returning the Security Deposit

The security deposit is returned after lease termination, completion of inspection, cleaning, and payment for final utilities.

Rental Commission

Should you utilize the services of a real estate agent to help you in your search, agencies usually collect rental commission equal to 50%-100% of 1 months’ rent.

Payment of Rental Commission

The agent’s rental commission is typically paid by the tenant.

Accepted Method of Payment

Wire transfer, check, and cash are acceptable methods of payment.

 

School Registration

School Fees

Typical school fees include:

• Registration fee
• Tuition fee
• Admission fee
• Application fee

Accepted Method of Payment

Bank transfer or cash are the preferred methods of payment.

 

Obtaining a Driver’s License

Requirements

Typical documentation required to obtain a driver’s license include:

• A completed TOM 7D application from available at the DRT (in Greek)
• Two recent passport photos
• Certificate of Alien Registration
• Proof of at least six months of residence (such as utility bills)
• Valid passport
• Original license and two photocopies of all pages

Additional Notes

EU citizens may drive in Cyprus with a valid EU driver’s licence. There are no restrictions on time period for EU citizens. Non EU citizen’s license is only valid for 1 year then it must be converted to a Cyprus driver’s licence (if there is an agreement between Cyprus and country of origin), or get a new driver’s licence in Cyprus. It is advisable for expats to obtain an international driving license from their country of origin before relocating to Cyprus.

 

Opening a Bank Account

Required Documents

In order to open a bank account, you may be asked for:

• Valid passport/ID
• Proof of residence
• Reference letter from employer
• Initial deposit (varies depending on the bank)

Time Required

It may take 2-3 working days for your account opening to be complete.