News and Publications

Cyprus Advances Toward Full Schengen Entry

Cyprus is on track to become a full member of the Schengen Area by 2026. Here’s...

EU Introduces Blue Card Mobility Scheme for High-Skilled Workers

Overview As of 7 July 2025, Cyprus officially accepts applications for the EU Blue Card, a...

Mandatory Mediation for Civil Disputes in Cyprus

On January 3, 2025, the Cyprus Council of Ministers approved an amendment to the Law on...

Court of Appeal Decision Impacts ‘Trapped Buyers’ in Cyprus

A recent decision by the Court of Appeal in Cyprus has reshaped the real estate landscape...

Cyprus Bans Cash Transactions Over €10,000

Cyprus has introduced a legal ban on cash transactions exceeding €10,000, aligning its framework with EU...

Revised AML Framework in Cyprus: Key Updates to UBO Compliance

On 6 December 2024, Cyprus amended its Prevention and Suppression of Money Laundering Activities Law (AML...

Cyprus Lifts Annual Levy Burden: A Boost for Local Businesses

On 21st February 2024, the President of the Republic of Cyprus made a groundbreaking announcement, revealing...

Extension Granted for Register of Beneficial Owners Update – New Penalties and Refund Information

The deadline for updating the Register of Beneficial Owners on the enhanced digital platform has been...

Memo in relation to the regulations over Cryptocurrency and Blockchain in the Republic of Cyprus

General Information In recent years, Cyprus has actively embraced the evolution of blockchain technology, signaling its...

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