As previously announced by the Committee of Supervision and Control, a registry of service providers has been established indicating all natural and legal persons authorized to provide services in respect of the Cyprus Investment Scheme.Read More
For those who are seeking residence within the European Union, the Greek Golden Visa seems to be a good option. The straightforward investment paired with the fast process, resulting in visa-free travel to other Schengen countries, makes this program appealing. More importantly, it is cost efficient. Procedure: Purchase of property(ies) in Greece for a minimum...Read More
The Scheme In respect of the Cyprus Investment Scheme (CIS) an option to invest a maximum of EUR 500,000 in special Cyprus government bonds is given. Bear in mind that these bonds can only be purchased by natural persons as per the terms of the bonds. The Framework The special Cyprus government bonds are issued...Read More
On the 5th of July 2018, the European Parliament has passed a new ETIAS (European Travel Information and Authorisation System) regulation. The new system is expected to be operational in 2021. All visa-exempted third country nationals traveling to the Schengen area, will be obligation to obtain such ETIAS authorization against a fee of EUR 5....Read More
On the 15th June 2018 the Committee of Supervision and Control announced that starting 18th June 2018 they will accept applications for natural and legal persons to be added to the list of registered providers in respect of the Cyprus Investment Scheme.Read More
The Legal Framework There are a number of circumstances under which a person, minor or adult can obtain Cypriot citizenship due to origin. When this citizenship has been obtained, they can apply for a Cypriot passport and a Cypriot ID card.Read More
Implications An individual earning income in the Republic of Cyprus (Cyprus) or just having purchased property in Cyprus, will need to be aware of the following tax and VAT implications.Read More
The Council of Ministers, during its meeting held on the 21st of May 2018, has renamed the “Scheme for the naturalization of non-Cypriot investors by Exception”. The scheme will now continue as the “Cyprus Investment Scheme” strengthened with the following safeguards:Read More
