Entrepreneur Visa in Cyprus

If you have an existing business - or have a life-long desire to 'go out on your own' an option exists in Cypriot law to transfer your residency to the sunny climes of the mediterranean island.

The country is interested in attracting investors and entrepreneurs to who have innovative business ideas to locate on the island and benefit from the trading opportunities presented by its location in the European Union block of countries.

The requirement to be innovative has some teeth, for example, 10% of the the business' operating costs must be dedicated to 'research and development' - this can be evidenced either by an external auditor if the business is already in operation or, in the business plan if the business does not yet exist.

Our lawyers can assist with building a suitable business plan.

• An initial discussion with lawyers highly experienced in making successful applications for residency visas based on an innovative business start-up
• A business plan or application for a visa by innovative business start-up is prepared, and all other documents required for a successful application are assembled under the guidance of your lawyer
• Assistance and advice on the documentation required and completing the forms to ensure the application(s) is/are approved
• Assistance upon arrival with obtaining foreign residency cards
• Employment law services to ensure that employee contracts and conditions are dealt with in a manner consistent with Cypriot health and safety and employment law
• Ongoing tax, accounting and payroll services to help with the compliance aspects of your business are also available upon request