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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....
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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.
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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.
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