As Cyprus is currently not part of the Schengen Area, the European Union’s new Entry/Exit System (EES), which is expected to be implemented across most Schengen countries in April, will not apply to travellers entering Cyprus directly. Therefore, UK tourists travelling directly to Cyprus will not be subject to the biometric checks or longer waiting…
Vasiliou & Co LLC would like to announce its new membership in the Cyprus–India Business Association (CIBA) — a dynamic platform fostering business, trade, and investment relations between Cyprus and India. As a member of the European Union, Cyprus continues to attract Indian investors, entrepreneurs, and families seeking stability, favourable tax frameworks, and access…
The House of Representatives on 11 July 2024, ratified the agreement between the Government of the Republic of Cyprus and the Government of the United States of America on cooperation on the use of travel information, which was signed on June 17, 2024. The agreement is a condition for the participation of Cyprus in the…
Commencement of the Renewal Process for Self – Catering Accommodation Licenses (Regulations – Fees – Penalties) The new method for the Submission of the Application According to a recent announcement by the Deputy Ministry of Tourism, applications for the renewal of existing Self – Catering Accommodation Licenses, must now be submitted online. This process…
Έναρξη της διαδικασίας Ανανέωσης Αδειών Αυτοεξυπηρετούμενων Καταλυμάτων (Νομοθετική Ρύθμιση – Τέλη – Ποινή) Η νέα μέθοδος υποβολής των Αιτήσεων: Σύμφωνα με πρόσφατη ανακοίνωση του Υφυπουργείου Τουρισμού, οι αιτήσεις για την Ανανέωση των υφιστάμενων Αδειών Αυτοεξυπηρετούμενων Καταλυμάτων, θα υποβάλλονται πλέον μόνο ηλεκτρονικά. Η διαδικασία αυτή θα καθίσταται εφικτή μέσω της νέας διαδικτυακής πλατφόρμας που έχει…
We would like to inform you concerning a recent legislative amendment passed by the Lithuanian Parliament concerning the Law on Prevention of Money Laundering and Terrorist Financing of the Republic of Lithuania. The following changes are significant for all Virtual Asset Service Providers (VASPs) operating within the jurisdiction of Lithuania: Minimum Own Capital Requirement:…
Vasiliou Law is pleased to announce that our firm has been honored with the esteemed title of Immigration Attorneys of the Year at the 2024 Corporate INTL Global Awards for the third year. This prestigious accolade is a testament to our unwavering commitment to excellence and the exceptional legal services that we provide in the…
The European Union is increasingly competing with other destinations in the global race for talent. In order to attract and retain highly skilled workers in sectors facing skills shortages, the EU updated the blue card directive in October 2021. On the 17/01/2024 the Council of Ministers of the Republic of Cyprus, approved legislation to implement the…
On the 30th of November 2023, the House of Representatives approved and passed the amended criteria for the Naturalization of highly skilled employees under the Civil Registry Law. Highly Skilled Professionals employed by Companies designated by the Council of Ministers in the context of attracting expansion of their operations in the Republic, are allowed to…
Clarifying announcement on the new criteria concerning the expedited procedure for the granting of Immigration Permits to applicant who are third country nationals investing in Cyprus – 4th Revision of Criteria May 2, 2023 With reference to the 4th revision of the criteria relating to the expedited procedure of granting Immigration Permits to applicants who…