The new rules concerning the fast-track procedure for obtaining a permanent residence permit in Cyprus on the basis of Regulation 6(2) of the Aliens and Immigration Regulations (investment in the Republic of Cyprus) came into force on 2 May 2023.
The new rules aim to ascertain the robustness and financial stability of the applicants.
Read here the main provisions of the new policy for permanent residence by investment: https://lnkd.in/dm4Mt6T9
MEMORANDUM
Relevant Law
In Czech law, the Civil Code and the Business Corporations Act are relevant for determining the scope of duties and responsibilities of the statutory body.