UK nationals can benefit from the Cyprus Government provisions to secure their residence rights and at the same time keep their EU rights. Cyprus already has more than 80.000 Britons residing and this number is expected to grow in the next two years according to experts.
The location, the personal and corporate tax, the great climate and beaches, the EU umbrella, the marine and business hub, the high quality of education are some of the reasons families from all around the world choose Cyprus to reside.
European Citizenship after Brexit? British look for a dual citizenship and EU residency and Cyprus is one of the most famous destinations. Many British citizens are looking into ways to keep their European Citizenship after Brexit so they consider Cyprus Investment program.
The country has made big developments in industries such as tourism with many developments like golf resorts, marinas, luxury residences and skyscrapers.Incentives are also given for startups formed or transferred to Cyprus from third countries (Startup Visa).
The program allows entrepreneurs or a team from countries outside of the EU and the European Economic Area to reside in Cyprus with the purpose of establishing, operating and developing their startup with a great growth potential under the EU umbrella.
What are the obligations and rules of employment in Cyprus? The basic employment legislation that is applied for emplyers, employees and self-employed workforce. Minimum wage, working hours, holidays and social security system.