Permanent Residence by Investment in Cyprus: Updated Criteria Following Amendments Introduced on May 2nd 2023

Introduction

The Council of Ministers has approved the Ministry of Interior’s proposal to revise the criteria for granting permanent residency to investors under Regulation 6(2) of the Aliens and Immigration Regulations. The aim of the revision is to introduce control mechanisms to ensure that the applicant retains their investment for life and to address observed shortcomings. The revised criteria will come into effect from May 2, 2023.

Non-EU applicants can be granted Permanent Residency permits if they meet one of the investment criteria listed below……..

From Due Diligence to Transfer Fees: Everything You Need to Know About Buying Property in Cyprus

Introduction

Buying a property is one of the most significant investments many people will make in their lifetime. It can be an exciting and rewarding process, but it can also be overwhelming and stressful, especially for first-time buyers. From understanding your needs and budget to conducting due diligence and considering relevant costs and taxes, there are many factors to consider when buying a property. In this article, we will provide guidance and practical advice to help you navigate the process of buying property in Cyprus, from a legal perspective……

From Copyright to Crypto: How NFTs are Reshaping Intellectual Property Law

Introduction

Non-fungible tokens (NFTs) have revolutionised the way we establish ownership of digital and tangible assets. Though they have been around since 2017, NFTs have recently gained massive popularity, with sales skyrocketing to nearly $25 billion in 2021 alone. With such enormous sums being invested in the NFT market, it is essential for buyers to understand the nature of their purchase and the rights that come with it. This article will delve into the topic of intellectual property rights, specifically copyrights and trademarks, and their implications for the NFT industry…..

Overview of trademark protection in Cyprus

What is a trademark

A trademark is a unique mark by which a business carries out its activities and by which it identifies and differentiates its products and/or services from those of the competition. The aim of a trademark is to demonstrate the source of the company’s products and/or services and gradually consolidate it, imprinting in the consumer’s memory the existence of the company. In simple words, a trademark is an identification of the source of goods or services…

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Registering a company in Cyprus

Company registration procedure

Starting a company in Cyprus? Here’s what you need to know to navigate the process smoothly, from your first steps to the final paperwork. Plus, find out why Cyprus is a prime location for savvy entrepreneurs.