A revision was published in the Official Gazette on 30.8.2019, on the decision of the Council of Ministers naming persons who cannot be granted the Cypriot nationality through the Cyprus Investment Programme. This revision amended point 11 as follows: “Persons having been investigated and finally indicted for criminal offenses and/or sought-after pan-European by EUROPOL or...Read More
The Council of Ministers during its meeting held on the 25.7.2019 (published in the Official Gazette on 23.8.2019) has decided that the Cypriot nationality cannot be granted, through the Cyprus Investment Programme, to persons who fall in the following categories of high-risk individuals: Politically Exposed Persons who hold government office and who have held government...Read More
The Council of Ministers, during its assembly on the 13.2.2019 has made changes to the current Cyprus Investment Scheme, affecting applicants as per the 26.2.2019 or as per the 15.5.2019. In broad the new terms are as follows: 1. To be enforced as per the 15.5.2019: The applicant should make a donation of at least...Read More
A new commission has been established, comprising of delegates from Invest Cyprus, The Ministry of Finance, Ministry of Education and Culture and the Cyprus Tourism Organization. This so-called Cyprus Film Commission examines proposals by producers for aid based on the economic and cultural benefits for the Republic of Cyprus. Several incentives have been introduced, encouraging...Read More
In light of the United Kingdom exiting the European Union on the 29th March 2019, the Civil Registration and Migration Department has published announcements for British nationals and their family members urging them to convert/acquire (their) residence status within the Republic of Cyprus. British nationals who have been granted an Immigration Permit according to the...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
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
