ARTICLE · 03 AUGUST 2017

Cyprus Startup Visa for Third Country Nationals

Shanda Consult Ltd

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The Cypriot cabinet has approved the so-called Cyprus Startup Visa scheme on the 15th of February 2017 with the aim to attract foreign investments from non-EU countries (third countries) to Cyprus in the fields of innovation and research and development (R&D).

CyprusImmigration

Shanda Consult Ltd

Originally published 6th April 2017

The Cypriot cabinet has approved the so-called Cyprus Startup Visa scheme on the 15th of February 2017 with the aim to attract foreign investments from non-EU countries (third countries) to Cyprus in the fields of innovation and research and development (R&D).

The Cyprus Startup visa plan aims to attract foreign, third-country investors, who wish to reside and to invest in innovative businesses in Cyprus.

The scheme consists of two parts, individual and team; which means that both individual investors and groups of investors can apply.

However, in order to obtain the necessary permit, applicants must meet certain criteria.

The Cyprus Startup visa scheme has the following criteria:

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