Country Guide - Cyprus
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07 August 2023
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Cyprus, officially the Republic of Cyprus, is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean. The country is located south of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt, and southeast of Greece.

Cyprus covers an area of 9,251 km2 with a population of 1 million approximately and has been a full member of the European Union since May 2004 and the Eurozone since January 2008.

Greek is the official language, but English is widely spoken and, as in other jurisdictions, is the most common language of doing business.
Citizens of EU member-states which have ratified the Schengen treaty are free to move, live and work in Cyprus (subject to minimal requirements).

Nationals from non-EU countries must obtain an entry visa before arriving in Cyprus and a residence permit if also seeking employment.
Cyprus is a Presidential Republic. The head of state and of the government is elected by a process of universal suffrage for a five-year term. Executive power is exercised by the government with legislative power vested in the House of Representatives whilst the Judiciary is independent of both the executive and the legislature. At time of writing, the president of the Republic of Cyprus is Mr. Nicos Anastasiades, elected in February 2018.

Download the Cyprus DBI Guide