ARTICLE · 21 JANUARY 2019

Cyprus Startup Visa For Third Country Nationals

Yiannis Papazcharia LLC

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The aim of the program is to encourage growth and development of the business ecosystem and stimulate job creation and general economic growth for the island.

CyprusImmigration

Yiannis Papazcharia LLC

Cyprus has recently introduced the "Cyprus Startup Visa" program for the granting of permits to enter, reside and work in Cyprus to talented third country nationals for the establishment, operation and development of startups. The aim of the program is to encourage growth and development of the business ecosystem and stimulate job creation and general economic growth for the island.

ELIGIBILITY

Individual founders of the startup
A group comprising of at least 1 founder and 5 top managers with more than 50% of the shares

CONDITIONS

Applicants are third country nationals
Capital of at least €50.000,00
Head office and tax domicile of the startup in Cyprus
Applicants are educated to degree level or hold equivalent professional qualification

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