After the completion of their studies, students are allowed to stay on the territory of Cyprus, on the basis of a residence permit, that is granted to them by submitting a relevant application, provided that the provisions of the law are met, for maximum twelve (12) months in order to seek employment or set up a business. The employment that the third-country national is seeking or the business he or she is in the process of setting up must correspond to the level of studies completed.

According to the law the minimum level of study, which the students should have completed is set as the level corresponding to level seven of the European Framework of Professional Qualifications (master’s or higher than a master’s degree).