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Immigration
A. ELIGIBLE COMPANIES All companies of foreign interests, including international companies (ex-IBCs), in order to be eligible to employ third country nationals in Cyprus, should fulfil the following:
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As of September 2016, Cyprus has proceeded with amending the criteria for its Citizenship by Investment Scheme. Under the amended legislation, the criteria set forth make the obtaining of the Cyprus Citizenship even easier. Compared to the previous scheme, thresholds are considerably lower
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The Civil Registry and Migration Department (CRMD) announces that on Monday, 8.2.2016,article 18ΦΖ(7) of the Aliens and Immigration Law (Cap.105) as well as article 4 of the Aliens and Immigration (Amending) (No.2) Law [Ν129(Ι)/2014, O.G. Annex.Ι(Ι) No. 4456] are set into force,
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Cyprus to issue new Residence Permits to Family Members of Holders of International Protection. The Civil Registry and Migration Department (CRMD) announces that on Monday, 8.2.2016,article 18ΦΖ(7) of the Aliens and Immigration Law (Cap.105) as well as
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The new non domiciled rules were introduced to further entice corporate executives and high net worth individuals (currently entitled to a 50 per cent tax exemption of personal income tax for a five-year period where income exceeds €100.000) to take up residency in Cyprus.
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