Cyprus plans to grant 150 startup visas by the end of 2026 to attract talented entrepreneurs from outside the European Union. This immigration program allows for residence and work for up to three years, with the possibility of permanent residency, and the establishment of a startup. The main objectives are to create jobs, promote innovation, and strengthen the business ecosystem. Cyprus also offers incentives such as a 50% tax exemption for individuals earning over €55,000 for 17 years.
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