Cyprus expects to join the Schengen Area in full during 2027, its deputy migration minister said on October 10. The president of Cyprus said in May 2025 that the country would join in 2026. The 25 European Union countries already in the Schengen Area must all agree before Cyprus can join.
“With the latest political and economic developments, combined with pandemic-based restrictions, more and more Americans want to move abroad.”
Dr. Aly El Dakroury argues that residency incentives should reward what an investment builds, not what it costs.
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The committee then rejected the bill’s revenue part; the measure needs a fresh vote on the Assembly floor, where debate opens October 13.
The 2028 deadline gets the headlines. The one that bites first is a Commission report due in December, and September feeds it.
The strongest semester on record came entirely under the old rules, weeks before the government made the stock route 50% pricier.
US$300,000 still qualifies if the property passes one test. A new, cheaper deposit route comes with a condition of its own.
With decisions now far outpacing intake, Greece’s once-notorious backlog is shrinking fast as demand pivots to €250K conversions.
Adam Juchniewicz argues that a US$350,000 citizenship must be able to outlast the president who created it.
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