Cyprus introduces visa policy changes for entrepreneurs, skilled workers and families

This move is geared towards attracting entrepreneurs, skilled workers, and their families.

The new regulations apply to all new visa applications and affect several visa categories, including startup visas, work visas, residence permits for dependents, and investor and innovation-driven visas.

These adjustments are part of the government’s effort to boost the country’s economic growth and make it a more appealing destination for international talent and investment.

The Startup Visa is a primary focus of the new policies, DAAD Scholarship informs. It is designed to support entrepreneurs planning to establish innovative businesses in Cyprus. Key updates include:

These changes aim to make it easier for entrepreneurs to settle in Cyprus and grow their businesses.

Cyprus has also updated its policies for foreign workers, allowing businesses to hire skilled employees more easily.

Key changes include:

These updates provide companies with greater flexibility in hiring and help protect the rights of foreign workers.

The updated visa policies also include changes to the residence permits for dependents, making it easier for families to live in Cyprus.

Changes include:

These adjustments are designed to make Cyprus a more attractive destination for families relocating with primary visa holders.

While there have been no direct changes to Investor and Innovation-Driven Visas, holders of these visas stand to benefit from the overall improvement in the startup ecosystem. The increased foreign workforce allowance and more vibrant business environment are expected to create better opportunities for collaboration between investors and startups.

The primary changes in Cyprus’s visa system for 2025 affect several key areas.

First, the Startup Visa has seen significant updates. These include reduced equity requirements, longer permit durations, and clear renewal criteria for applicants. These changes make it easier for entrepreneurs to establish and grow their businesses in Cyprus.

Second, the Work Visa policies have been revised to improve access to foreign talent. Companies can now hire more foreign workers, and wage protections have been strengthened to align with EU standards, benefiting both businesses and workers.

Second, the Work Visa policies have been revised to improve access to foreign talent. Companies can now hire more foreign workers, and wage protections have been strengthened to align with EU standards, benefiting both businesses and workers.

Third, the Residence Permits for Dependents have been updated to provide more stability for families. The permits for spouses and children of primary visa holders will now align with the validity of the main applicant’s visa, reducing the need for frequent renewals.

Lastly, while there are no direct changes to the Investor and Innovation-Driven Visas, investors will still benefit indirectly from the improved business environment and increased opportunities for collaboration. 

These updates are intended to make Cyprus a more attractive and stable destination for international entrepreneurs, skilled workers, and their families.