The Ministry of Finance and the Central Bank of Cyprus announced that the Bank of Cyprus (BoC) has been fully recapitalised today by the overall conversion of 47,5% of uninsured deposits into shares in the bank, thus putting an end to a period of uncertainty. This is the final stage...
There are no amendments versus the Ninth Decree. The Enforcement of Temporary Restrictive Measures on Transactions of Foreign Banks in case of Emergency Ninth Decree, of 2013
There are no amendments versus the Seventeenth Decree. The Enforcement of Temporary Restrictive Measures on Transactions in case of Emergency Eighteenth Decree of 2013
Cyprus brought about the introduction of favorable rules to third country nationals wishing to obtain permanent residence status in Cyprus. Residence Requirements The implementation of the new rules requires the following criteria to be fulfilled by the applicant: A secured minimum annual income of €30,000. This source of income must not be derived...
There are no amendments versus the Seventh Decree. The Enforcement of Temporary Restrictive Measures on Transactions of Foreign Banks in case of Emergency Eighth Decree, of 2013
There are no amendments versus the Sixteenth Decree. The Enforcement of Temporary Restrictive Measures on Transactions of Foreign Banks in case of Seventeenth Eighth Decree, of 2013
