REVIEW OF THE CHANGES INTRODUCED BY LAW 132(I)/2023
Following the amendments made to Law 132(I)/2023, new requirements for Real Estate Sale and Purchase Agreements apply to those signed after December 12, 2023.
New Scheme for Cyprus Citizenship (Reduced years of residence in Cyprus)
With the introduction of a new scheme to obtain Cyprus Citizenship, Cyprus—a member of the EU—offers visa-free travel to over 170 countries worldwide, including the Schengen Area, Canada, and the USA (with additional visa requirements for the USA).
Recent Amendments to Maternity and Parental Rights in Cyprus
Over the past five years, several amendments have been introduced to extend the rights and benefits of new mothers and parents in the workplace, aiming to promote a better work-life balance.
Exams of Greek language approved by the Cyprus Government
The Cyprus Ministry of Education, Sport and Youth, through its Examinations Service, administers the following Greek language proficiency exams:
Current Regulations for Non-EU Real Estate Buyers in Cyprus
Non-EU citizens looking to purchase property in Cyprus must adhere to specific legal restrictions to maintain balance in the real estate market and safeguard local ownership opportunities. These regulations impose various limitations on foreign buyers' acquisition and use of real estate.
CYPRUS LAUNCHES NEW AMNESTY PROGRAM TO LEGALIZE UNAUTHORIZED CONSTRUCTIONS
Cyprus recently approved an Urban Amnesty Plan for unauthorized constructions, which took effect on September 13, 2024, and will be available until March 2025.