The "Cyprus Startup Visa" is part of the Policy Statement on Strengthening the Entrepreneurial Ecosystem. The National Policy Statement for the Enhancement of the Entrepreneurial Ecosystem in Cyprus is a joint action involving all entrepreneurial ecosystem actors aiming to leverage business potential, eliminate existing barriers and establish a new, growth-oriented, entrepreneurial culture in Cyprus. The "Cyprus Startup Visa" Scheme allows talented entrepreneurs from third countries [outside the European Union (EU) and outside the European Economic Area (EEA)], individuals or a team, to enter, reside and work in Cyprus to establish / operate / develop a Startup with a high growth potential. The scheme aims to create new jobs, promote innovation and research, and develop the business ecosystem and, consequently, the country's economic development. The scheme supports the establishment of new innovative startups or the move of established innovative startups to Cyprus. The introduction of the "Cyprus Startup Visa" is part of the Policy Statement on Strengthening the Entrepreneurial Ecosystem1. The scheme is valid until May 2024 and up to 150 visas can be issued.
Startup visa