Cyprus Investment Programme (the "CIP") has been in force since May 2013, and since then has repeatedly proved its success as a relocation scheme.

The Republic of Cyprus has traditionally established itself as an international business hub and a top European relocation center.

For the first time in the recent history measures were rapidly adopted by governments across the world in an attempt to control and mitigate the consequences COVID-19's outbreak has brought into light.

The Regulation is set to enter into force on a rolling basis.