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The Cyprus Startup Visa Programme

The government has decided to expand the Cyprus Startup Visa programme for another two years and to grant 150 visas to third country nationals to live and work in the country for a year to establish, operate or develop their startup.

The Cyprus Startup Visa scheme operated on a pilot basis for two years from February 2017 to February 2019. 150 new visas will be given as part of the scheme whose budget is €500,000 in total.

The scheme concerns entrepreneurs (individuals or teams) from third countries to reside and work in Cyprus in order to establish/operate/develop startup with a high growth potential.

The goal is the creation of new jobs, the promotion of innovation and research, the development of the business ecosystem and consequently the economic development of the country.

Successful applicants will have the right to economic activity and residence in the Republic for one year, and with the possibility of renewal for at least another year.

Download STARTUP VISA Scheme