News bulletin 11 May 2021
The Republic of Cyprus officially announced that as from the 10th of May 2021, individuals traveling to Cyprus from the following countries can the country only if they are holders of either a fully vaccinated certificate for COVID-19 or a PCR 72-hour negative test. The same individuals will be excepted from further laboratory examinations or self-isolation / quarantine within the country. Prior to traveling 24 hours before, permission must be granted by completing an application form to obtain the Cyprus Flightpass, by visiting the link www.cyprusflightpass.goc.cy/en/vaccinated-fly-request.
- EU member countries
- European Economic members (Iceland, Liechtenstein, Norway)
- Armenia
- Bahrain
- Belarus
- Canada
- Egypt
- Georgia
- Israel
- Jordan
- Kuwait
- Lebanon
- Qatar
- Russia
- Saudi Arabia
- Serbia
- Switzerland
- Ukraine
- United Arab Emirates
- United Kingdom
- United States of America
More information can be found at https://cyprusflightpass.gove.cy/en/vaccinated-passengers
News bulletin 23 March 2021
The Cyprus Ministry of Interior has amended the PR 6(2) Criteria (Fast Track Procedure) and officially announced the changes as from 24/03/2021.
In summary, the changes introduced are as follows:
- The most important and positive amendment is that the requirement for the applicants to have a personal bank account in Cyprus and set up a fixed deposit of EUR 30.000- for 3 years has been abolished.
- The new Program is including other investment options to the investors in addition to the option of residential real estate. The new investment options are as follows:
-
- Investment in real estate (residential units) of at least EUR 300.000- plus VAT (new units only).
- The investors may purchase up to two units which can be from a different developer (i.e., The requirement that the units had to be purchased from the same development company has been abolished).
- Investment in real estate (except for residential units), such as offices, shops, hotels or similar developments or a combination of the above mentioned, of at least EUR 300.000- (resales are acceptable).
The new criteria are in effect as from 24/03/2021.