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Cyprus will issue 150 visas to non-EU entrepreneurs by the end of 2026

20.01.2025
Homesoverseas.ru editorial office
140
By the end of 2026, Cyprus plans to issue 150 startup visas to citizens of countries outside the European Union (EU) and the European Economic Area (EEA).This was stated by Nicodemos Damianou, Deputy Minister of Research, Innovation and Digital Policy of Cyprus.

The program allows both individual entrepreneurs and business people with their team to enter Cyprus, live and work on the island for up to three years. Further, it is possible to apply for a permanent residence permit.

According to the minister, Cyprus offers international specialists additional incentives to move to the country, for example, tax breaks.

In December 2024, the country's Council of Ministers approved changes to the Startup Visa program, making the conditions more attractive. In addition, last year, the government introduced the Golden Knowledge program, aimed at attracting more technical specialists to the island.

Is it easy to move and comfortable to live in Cyprus in 2025?

Source: SchengenNews

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