We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse
areas of law, we provide trusted legal solutions for individuals, families, and businesses
Planning to invest, relocate, and continue working from Cyprus?
NAKLAW advises on the Cyprus Work Permit for Investors, helping you understand what your investor residence allows, whether your proposed role fits the rules, and whether a separate employment route is required.
Local legal knowledge
Residence + investment
Work & corporate guidance
Under the current expedited investor policy, the principal applicant and spouse must generally confirm they do not intend to work in Cyprus.
Investor PR does not itself provide unrestricted employment rights. A separate appropriate employment/residence route may need to be considered.
The policy allows employment as a director of the company in which the qualifying investment was made, subject to the applicable conditions.
Shareholding is permitted in certain circumstances even where the qualifying investment was not made in that company's share capital.
The investor and/or spouse may hold an unpaid director position in such Cyprus companies under the investor policy.
We assess the appropriate Cyprus employment and immigration route separately to ensure full legal compliance before you start.
Employee, director, shareholder or investor?
We determine whether the proposed activity fits your investor residence status.
If investor PR is not sufficient, we identify the appropriate employment/residence option.
We assist with the applicable immigration, employment and corporate documentation.
The title you use matters less than what you actually do.
If your €300,000 qualifying investment is in the share capital of an eligible Cyprus company, the investor policy provides an exception that allows you to work as a director of that company. The qualifying company itself must meet the relevant investor-policy conditions, including physical presence in Cyprus and at least five employees.
Where your qualifying investment is made through another permitted category, such as property, you may still hold shares in Cyprus companies and receive dividends. The investor policy also permits an unpaid director role in such companies.
This requires separate attention. Cyprus has distinct residence and employment permit routes for third-country nationals, including specific frameworks for qualifying employees of companies of foreign interests.
You plan to take paid employment that is not covered by your investor-PR exception.
Your qualifications and employment may fit a specialized immigration route.
You will work for a qualifying Cyprus company of foreign interests.
Your proposed activity does not fit the employment limitations attached to investor PR.
The biggest mistake is treating these as one question:
They are not necessarily the same.
How you legally reside in Cyprus
What work/business activity you perform
Whether additional permission is required
For an investor, a work-permit question can quickly become a corporate + immigration + residence question.
NAKLAW is a Cyprus-based law firm established in 2003, allowing these connected issues to be considered together rather than sending the client between unrelated parts of the transaction.
We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse areas of law, we provide trusted legal solutions for individuals, families, and businesses.We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse areas of law, we provide trusted legal solutions for individuals, families, and businesses.We are a dedicated team of experienced lawyers committed to protecting your rights and delivering justice. With years of expertise in diverse areas of law, we provide trusted legal solutions for individuals, families, and businesses.
Established in 2003 by our Managing Partner, Mr. Nasos A. Kyriakides, Nasos A. Kyriakides & Partners LLC has become one of the leading law firms in Cyprus, setting high standards of excellence in the legal profession.
Over the past 23 years, our combination of professional expertise, extensive experience, and the continued trust and support of our loyal long-standing clients has enabled the firm to grow significantly in both reputation and size.
Our commitment to delivering exceptional legal and corporate services, together with our client-focused approach and deep industry knowledge, has positioned us among the leading law firms in Cyprus. This recognition is reflected in the prestigious awards we have received, including:
CorporateINTL Global Awards 2014 – Oil & Gas Law Firm of the Year in Cyprus
CorporateINTL Global Awards 2015 – Banking & Finance Law Firm of the Year in Cyprus
In addition, our firm is proud to be a member of The Legal 500, one of the world’s leading legal directories, further reflecting our commitment to excellence and the high standards of service we provide.
Chief Executive Officer (CEO)
Following the accession of Cyprus in the EU in 2004 and the abolition of the "offshore regime", Cyprus has maintained a simplified and effective tax system in full compliance with the EU and the OECD.
As a result of the above Cyprus has become a stable EU, "non-offshore" low tax jurisdiction with a beneficial tax regime for foreign businesses and individuals as well as a safe professional business environment.
Cyprus has one of the lowest-taxation rates within the EU, with a flat tax rate at 15% on profit. Cyprus offers additionally to its tax benefits, great advantages as a respectful and useful jurisdiction for holding companies.
It is important to indicate that the business climate in Cyprus is based on a free and open economy, offering first-class legal and financial expertise. It's very easy to fly in and out of Cyprus throughout the year.
When I faced unfair treatment at work, this incredible team stood by my side, fought tirelessly for my rights, and ensured that I finally received the justice I truly deserved
We take pride in delivering justice with integrity, dedication, and trusted legal expertise. Our clients’ voices reflect the true strength of our firm
We work with individuals, families, startups, and large corporations across various legal matters.
Yes, we provide a free 30-minute consultation to understand your case before moving forward.
Our fees are transparent and flexible — you can choose between hourly rates, flat fees, or monthly packages.
Yes, our team also assists with immigration & international legal matters.
You can easily schedule an appointment through our website or by contacting our office directly.
Our personalized approach, proven track record, and dedicated team of attorneys set us apart.
Not without considering the employment restrictions attached to the investor route. The current Regulation 6(2) policy generally requires the applicant and spouse not to undertake employment, subject to specific exceptions.
The investor policy permits employment as a director where you chose the qualifying Cyprus-company share-capital investment route and the relevant conditions are satisfied.
Yes. The policy allows investor-permit applicants and/or spouses to be shareholders in Cyprus companies in circumstances described by the policy, and dividend income does not itself prevent obtaining the permit.
The current policy permits an investor and/or spouse to hold an unpaid director position in relevant Cyprus companies where the investment itself does not concern that company's share capital.
You may need a different Cyprus residence and employment authorization. NAKLAW can assess your proposed employment against the available immigration route rather than relying on the investor permit alone.
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+357 25-352-352
info@naklaw.com
Anexartisias & Athinon, Nora Court, 2nd Floor, Office 201-202, 3040 Limassol, Cyprus
Get in touch with our legal experts today.
Your residence status should support your Cyprus plans, not conflict with how you actually work.
NAKLAW advises on the Cyprus Work Permit for Investors, helping you understand your employment rights, director position and any separate work authorisation required before you begin.
Invest here. Live here. Work under the right legal route.
