Revision of criteria for the fast-track procedure for obtaining a Cypriot permanent residence permit (via investment)

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

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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.

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