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Category: Citizenship, Immigration

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Citizenship, Immigration, Company Law, Employment Law, Government of Cyprus, International Tax

New Tax Regime for the relocation of high earning employees in Cyprus

May 10, 2022May 10, 2022Michalis C. Zambartas50%exemption, amendment, Cyprus, employees, international tax, relocation, tax regime

The Minister of Finance of the Republic of Cyprus, Costantinos Petrides, has announced today that the Council of Ministers has approved today a Bill of Law setting forward an attractive tax
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permanent residency permit
Citizenship, Immigration

Amendment to the Cyprus Permanent Residency Permit Regulations Granted to Non-EU Nationals

April 23, 2021April 27, 2021Michalis C. ZambartasCyprus, non-EU nationals, permanent residency, permanent residency cyprus, residency

Regulation 6(2) of the Aliens and Immigration Regulations of 1972 was introduced in February 2016 granting Non-EU nationals the right to permanently reside in Cyprus. The Government of the Republic
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Cyprus Citizenship
Citizenship, Immigration, Government of Cyprus

Update – Cyprus Cancels its Citizenship by Investment Programme

November 9, 2020November 9, 2020Michalis C. ZambartasCitizenship, citizenship by investment, Cyprus

On October 13th, 2020, the Ministry of Interior of the Republic of Cyprus press office has published the decision to cancel the Citizenship by Investment Programme by an extraordinary meeting
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business activation
Citizenship, Immigration, Company Law, Employment Law, Government of Cyprus

Cyprus Introduces a Fast Track Business Activation Mechanism

October 12, 2020November 8, 2020Michalis C. Zambartascompany incorporation, Cyprus, residency, third country national

On September 3rd, 2020, the Council of Ministers of Cyprus approved the creation of a Fast Track Business Activation Mechanism for establishing a company in Cyprus by third-country nationals. The
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Cyprus Real Estate
Citizenship, Immigration, Real Estate Law, Tax Law

Real Estate Transactions in Cyprus During and Post Lockdown

September 11, 2020September 11, 2020Michalis C. ZambartasCyprus, investments, real estate, residency

In accordance with official data released by the Department of Lands and Surveys of the Republic of Cyprus it can be inferred that Covid-19 had a significant effect in real
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Citizenship, Immigration

Immigration Permits in Cyprus for non-EU citizens – Obtaining Permanent Residency

July 10, 2019January 7, 2020Michalis C. Zambartas

Regulation 6(2) of the Aliens and Immigration Regulations of 1972 was introduced in February 2016 and it is what is often called the “Fast Track procedure” Immigration Permit (Permanent Residency)
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Citizenship, Immigration, Employment Law

The Cyprus Startup Visa Scheme

April 1, 2019November 1, 2019Michalis C. Zambartas

The Republic of Cyprus offers the “Cyprus Visa Startup Scheme” allowing non- EU startup founders to obtain residence and work permits in Cyprus The program was introduced on a pivotal
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Citizenship, Immigration

Amendments to Cyprus Citizenship by Investment Scheme

February 18, 2019November 1, 2019Michalis C. ZambartasCitizenship, Cyprus, Investment

On Wednesday, 13th February 2019, the Council of Ministers approved the changes to the Cyprus’s Citizenship by Investment program. Since its launch in 2013, the program generated €6,6 billion of
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Recent Posts

  • Lebanese Banking Crisis- Closure of Lebanese Branches in Cyprus- Are You Affected?
  • New Tax Regime for the relocation of high earning employees in Cyprus
  • Extension of the Deadline for Submission of Beneficial Owners Data in the Beneficial Owners Register of Companies and Other Legal Entities
  • Cyprus – VAT Payments Can be Made in Installments
  • Απολυση μη Εμβολιασμενων Εργαζομενων στην Κυπρο

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