Cyprus
Cyprus Startup Visa Scheme
Program Details
- Visa Duration
- 3 years
- Dependents Allowed
- Yes
- Spouse Can Work
- Data Not Available
- Application Method
- Submit application and supporting documents by email to the Deputy Ministry of Research, Innovation and Digital Policy
Who Can Apply
- Eligible Stage
- Entrepreneurs; Startup founders
- Funding Requirement
- Minimum capital of EUR 20000; minimum EUR 10000 if there are fewer than two founders
- Endorsement Requirement
- Business plan must be evaluated and approved by the competent authority responsible for the Startup Visa Scheme
- Proof of Funds
- Applicants must demonstrate access to sufficient capital to finance the startup
Notes
Program Description: The Cyprus Startup Visa Scheme allows entrepreneurs from countries outside the EU and EEA to enter, reside and work in Cyprus in order to establish or develop an innovative startup business with high growth potential. (Source: https://www.gov.cy/en/service/apply-for-a-cyprus-startup-visa/)
Program Changes: The Startup Visa Scheme has been renewed and is valid until December 2026. (Source: https://www.mip.gov.cy/dmmip/md.nsf/startupvisa_en/startupvisa_en?OpenDocument=)
Team Size Rules: Applications may be submitted by an individual founder or by a team of up to 5 members establishing an innovative startup. (Source: https://www.gov.cy/en/service/apply-for-a-cyprus-startup-visa/)
Proof of Funds Requirement: Applicants must demonstrate access to startup capital and financial resources to support the business. (Source: https://www.gov.cy/en/service/apply-for-a-cyprus-startup-visa/)
Last Verified: March 2026