On March 24, 2021 the government of Cyprus has issued new Criteria related to the fast track process of issuing an Immigration Permit to applicants who are third country nationals and invest in the Republic of Cyprus . According to the provisions of Regulation 6(2) of...
Types of Tenancy in Cyprus and Rent Control Law The Rent Control Law goes back to the year of 1974 where after the Turkish illegal invasion in the Republic of Cyprus and the rise of housing problems to thousand refugees, the above law was implemented...
Immovable property permit by non- EU nationals Unlike all Cypriots and EU nationals, non-European nationals face some restrictions in obtaining immovable property in the Republic of Cyprus. Specifically, non-EU nationals must obtain the approval of the Council of Ministers before they can own any type of immovable...
The incorporation of Cypriot companies is becoming more and more popular for investors and businessmen who find Cyprus as their preferable destination for living and operating their businesses. Apart from the numerous advantages anyone can enjoy in incorporating a Cypriot Company, Cyprus is seen as...
Temporary Residence and Employment permits for Non- EU citizens in the Republic of Cyprus (BCS) The Council of Ministers approved on October 15th 2021, the “Strategy for Attracting Businesses for Activities or/and Expansion of their Activities in Cyprus”. The Strategy is a very important initiative towards attracting...
CYPRUS INVESTMENT PROGRAM On the 31st of July, 2020 the Parliament of Cyprus adopted new regulations in improving the Cyprus investment Program and making it more attractive. The new regulations are determined under section 111A and 117 of the Civil Registry Laws of 2002 to 2020...