Cyprus Startup Visa

The "Cyprus Startup Visa" allows talented entrepreneurs from third countries non-EU/EEA individuals or in a team, to enter, reside and work in Cyprus in order to establish / operate / develop a startup with a high growth potential. The Scheme’s 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.

To be eligible for this visa Non-EU country nationals who:

• Is the only founder and meets the requirements of the enterprise.

• Has access to €50.000, which may include venture capital funding, crowdfunding or other sources of funding.

• Holds an undergraduate degree or an equivalent professional qualification.

• Has very good knowledge of the Greek and / or English language.

Application procedure:

Step 1: Submit an application form for the establishment / operation / development of a startup with a high growth potential

Step 2: Evaluation of the Application for the establishment / operation / development of a startup with a high growth potential

Step 3: Submit an Application and Entry in the Republic of Cyprus

Step 4: Submit an Application for Work and Residence permit

Step 5: Submit an Application for the Renewal of a Residence Permit in Republic

You can bring wife and kids along

The normal processing time of visa is 6-12 Weeks