Cyprus: The Schengen Zone 2026 Following the full accession of Romania and Bulgaria to the Schengen Zone, Cyprus is now setting its sights on joining as well — a move that would represent a major milestone for the country. The Schengen Zone is made up of 29 European countries that have abolished internal border controls, allowing citizens and visitors to travel freely across member states without...

The Deputy Ministry of Tourism has announced the launch of the tendering process for the award of the development of the Paphos Marina project, through a long-term DBFOT (Design, Build, Finance, Operate, Transfer) concession contract. In its announcement, the Deputy Ministry of Tourism stated that this developmental initiative marks yet another significant step towards establishing Cyprus as a reference...

As per the announcement of the Civil Registry and Migration Department (CRMD) on 27/04/2023, applicants whose Sale Agreements have been lodged at the Department of Lands and Surveys Offices between 02/01/2023 and until 28/04/2023, will be able to submit their applications to the CRMD and the criteria of the Cyprus Permanent Residence Scheme according to Regulation 6(2) as of 24/03/2021 will...

Cyprus Economic Outlook March 1, 2022 GDP growth accelerated year-on-year in the fourth quarter. Although a detailed breakdown is not yet available, subsectors related to tourism—such as hotels and restaurants—and the internal market—such as wholesale and retail trade—were among those that performed well. Moving on to Q1 2022, easing restrictions should be lending some strength to the tourism...

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The 69 Blue flag beaches in...

After seven long years of house price falls, Cyprus housing market is now showing some improvement, amidst recovering economy. House price falls are now decelerating. Property transactions are rising. Residential construction activity is also increasing. These developments follow the 2015 passage of a "Trapped Buyers Law" to enable access to title deeds, a 2014 regulatory reform to ensure greater...