Staying true to our commitment to closely monitor developments that may be of interest to our audience, and as an update to our previous newsletter EU Blue Card: Unlock Free Movement and Professional Growth, we are delighted to bring you an important update regarding the EU Blue Card Scheme.
Parliamentary Approval
On 11th of July 2024, the House of Representatives of the Republic of Cyprus approved the legislative bill for the implementation of the EU Blue Card Scheme. This significant legislative progress marks a pivotal step in enhancing the framework for skilled migration to Cyprus.
The EU Blue Card offers a significant opportunity for non-EU nationals to advance their careers within Cyprus and the broader European Union. By providing the right to work and live in Cyprus, coupled with the freedom to move across many EU countries, the Blue Card is an excellent pathway for skilled professionals seeking to expand their horizons and embrace new challenges in a dynamic environment. The EU Blue Card applies in 25 of the 27 EU countries. It does not apply in Denmark and Ireland.
Awaiting Official Law
While the legislation has been approved, the official law has yet to be issued. We expect the final law to be released by the end of July 2024, and our team is diligently monitoring all developments to provide you with timely and accurate updates.
Stay Informed
We are committed to keeping you informed every step of the way. As soon as the official law is issued, we will provide comprehensive details and guidance on how you can benefit from the EU Blue Card Scheme. In the meantime, you can read our previous newsletter for an in-depth overview of the EU Blue Card by clicking here.
Stay tuned for further updates as we await the final issuance of the law.
* This publication has been prepared as a general guide and for information purposes only. It does not purport to be comprehensive or to render professional advice. Before making any decision or taking any action that may affect you and/or your business, bespoke advice should be obtained.