ARTICLE
10 January 2024

Announcement On The New Criteria Concerning The Expedited Procedure For The Granting Of Immigration Permits To Third Country Nationals Investing In Cyprus

Y. Vasiliou & Co LLC
Contributor
Y. Vasiliou & Co LLC
Y. Vasiliou & Co LLC (Vasiliou Law) is a multidisciplinary law firm, headquartered in Larnaca, Cyprus. Vasiliou Law is one of the fastest-growing Cypriot law firms, with extensive and expanding clientele, ranging from private individuals to global organisations. Our dynamic team of lawyers encompasses expertise and knowledge in the following areas: Corporate and Commercial Law Litigation and Dispute Resolution Cyprus Immigration Law Banking and Finance Property Law Tax Law Insurance Law Cyprus Crypto Asset Service Provider (CASP) license Compliance consultation AML/CFT frameworks In addition, Vasiliou Law has developed a strong network of professional and reliable partners both locally and abroad, including financial advisors, international law firms and financial institutions, thus enabling Vasiliou Law to act as one-stop firm and provide adequate and exhaustive advise to its clients.
Clarifying announcement on the new criteria concerning the expedited procedure for the granting of Immigration Permits to applicant who are third country nationals investing in Cyprus ...
Cyprus Immigration
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Clarifying announcement on the new criteria concerning the expedited procedure for the granting of Immigration Permits to applicant who are third country nationals investing in Cyprus – 4th Revision of Criteria May 2, 2023

With reference to the 4th revision of the criteria relating to the expedited procedure of granting Immigration Permits to applicants who are nationals of third countries and invest in Cyprus, which came into effect on 02/05/2023, the Civil Registry and Migration Department announced on the 27/11/2023, that the investment money that will be used from abroad, may come from the applicant's bank account in any foreign country, including the Eurozone, and will be paid into the seller's account at a Cyprus financial institution.

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ARTICLE
10 January 2024

Announcement On The New Criteria Concerning The Expedited Procedure For The Granting Of Immigration Permits To Third Country Nationals Investing In Cyprus

Cyprus Immigration
Contributor
Y. Vasiliou & Co LLC
Y. Vasiliou & Co LLC (Vasiliou Law) is a multidisciplinary law firm, headquartered in Larnaca, Cyprus. Vasiliou Law is one of the fastest-growing Cypriot law firms, with extensive and expanding clientele, ranging from private individuals to global organisations. Our dynamic team of lawyers encompasses expertise and knowledge in the following areas: Corporate and Commercial Law Litigation and Dispute Resolution Cyprus Immigration Law Banking and Finance Property Law Tax Law Insurance Law Cyprus Crypto Asset Service Provider (CASP) license Compliance consultation AML/CFT frameworks In addition, Vasiliou Law has developed a strong network of professional and reliable partners both locally and abroad, including financial advisors, international law firms and financial institutions, thus enabling Vasiliou Law to act as one-stop firm and provide adequate and exhaustive advise to its clients.
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