Recent news

Latest items of recent news relevant to Cyprus as reported in our fortnightly newswire ‘Dernières nouvelles’.

Cyprus: Cyprus and Russia agree to amend Double Tax Treaty

Cyprus has agreed to capitulate to Russia’s demand to impose a new 15% withholding tax on outflows of capital arising from dividends or interest …

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Cyprus: Coronavirus: revised list of countries for travel to Cyprus

The categorisation of countries according to their epidemiological situation has been updated regularly by the Ministry of Health …

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Cyprus: Obtaining a Cyprus Flight Pass through the electronic platform

All those planning to travel to Cyprus must first fill out the required documents here electronically within 24 hours prior to their flight departure, to obtain a CyprusFlightPass for boarding purposes …

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Cyprus: Guidelines for precautionary measures to be taken at the workplace

The government has produced detailed guidelines for precautionary measures to be taken at the workplace during the present health crisis …

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Cyprus: Bank guarantee requirement abolished

Employers no longer need to submit a bank guarantee to the Civil Registry and Migration Department for the purposes of applying for a work permit for a non-EU employee …

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Cyprus: Restrictions are gradually lifted

The lockdown across the country has been particularly restrictive since mid-March, but it is now being lifted in several stages, each 17 days apart …

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Cyprus: Increased Gesy contributions for one month only

Employees will be charged a reduced-rate contribution of 1 …

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Cyprus: Validity of residence permits for seasonal employment extended by 3 months

Due to the extraordinary measures that have been taken to tackle the pandemic, the period of validity of residence permits for seasonal employment has been extended by 3 months …

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Cyprus: Court procedure for evicting defaulting tenants amended

Companies sometimes possess property used by employees whilst they are employed by the company …

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Cyprus: MPs give government minimum wage deadline

The government has been given until May by Members of Parliament to put forward its proposals for a universal national minimum wage …

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Cyprus: Higher social contributions burden both employees and employers

With effect from March 1st 2020, employees’ contributions to the General Health System, or GESY, will increase to 2 …

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Cyprus: Efforts for Cyprus to join US Visa Waiver Programme stepped up

There could soon be developments regarding US visa waivers for Cypriots from the Greek speaking zone …

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Cyprus: Pay deals signed in banking sector bring fragile stability

An agreement has been reached between two leading banks – the Bank of Cyprus (BoC) and Astrobank – and the trades union ETYK …

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Cyprus: Government submitted application to enter Schengen area in September

The Ministry of Foreign Affairs announced to the National Parliament this week that they have applied for admission to the Schengen free-movement zone …

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Cyprus: Two measures to safeguard the rights of Britons

The national parliament has approved two measures to safeguard the rights of Britons currently living in the country after Brexit …

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