As per the latest changes in 6.2 regulation, which was published on 24/03/2021 G. KOUZALIS LLC advices that for Non Europeans Citizens who are interested in applying for a Cyprus permanent residency under the fast track scheme the criterion of the €30,000 blocked funds in a Cypriot banking institution for the period of 3 years is no longer required.

The said change attracts many Investors, who invested in Cyprus and didn’t want to block their money, to apply for their permanent residency which will be examined in 2 months from the submission of application date.

For more information you can visit our website: www.lawcyprus.org