Cyprus

Currency: Euro (EUR)

Q. Are there any requirements, when sending EUR?

A. Just your details, the beneficiary details and the purpose of the payment.

Q. Can I send inbound and outbound payments?
A. Yes, there are no restrictions on sending money into or outside of countries using the Euro.

Q. How much can I send?
A. As much as you want.

Q. How long will it take for my funds to be received?
A. Standard international payment time. However, with the right foreign exchange broker, this can be done as fast as the same day.

Q. Who can I send EUR to?
A. Both individuals and businesses can receive funds for countries sending with the Euro.

Q. Is sending EUR expensive?
A. Not if you use the right currency broker, who will be able to offer you bank-beating exchange rates and significantly lower payment charges.

Q. Can you use forward contracts with EUR?
A. Yes. With the right currency broker, you can book a EUR exchange rate forward, protecting you against any adverse currency movements. With these contracts, you will always know exactly what is coming out of your bank account.


Information courtesy of Currencies Direct.

Film in Cyprus

Filming in Cyprus
 

European Film Commissions Network (a non-profit association, which supports and promotes the European film industry and culture)

Visas & Work Permits

Although Cyprus is not a member of the Schengen area, its visa policy is based on Schengen requirements.

UK passport holders can enter Cyprus visa-free for stays of up to 90 days, over a 180 day period, for some business-related activities (such as attending business meetings). However, for longer stays or other types of work, a visa or permit may be required.

Further information on work visas can be found at the GOV.UK website. Alternatively, please contact a local embassy, consulate or representative for more information. There are also specialist companies that provide visa and immigration support to the media industry, and may be able to assist.


Film Location Permits

In Cyprus, film location permits are generally a straightforward process.


Customs

For productions looking to bring in film equipment, Cyprus is an ATA carnet country.

When to Film

Cyprus enjoys a Mediterranean climate, with over 300 days of sunshine annually. Long, dry summers (May to September) and mild winters (November to March) are separated by short autumn and spring seasons.

Summer has cloudless skies, with occasional sea breezes cooling the high temperatures. Winters are mild, with some rain and snow on the Troodos Mountains. Weather-wise, April to November are the best months to film.

In Cyprus, Greek Cypriots are majority Greek Orthodox and Turkish Cypriots are majority Sunni Islam, so those holidays are observed.


Public Holidays

Public holidays may affect timing, availability and costs. See here for public holiday dates in Cyprus.

Southern Cyprus trades in the Euro and Northern Cyprus trades in the Turkish lira.

Locations, local talent and support crew are inexpensive, although key crew and some specialised equipment may need to be brought in.

The standard VAT rate in Cyprus, at the time of writing, is set at 19%.

Europe-Wide Funding

Creative Europe

Eurimage

European Commission's Interactive Funding Tool

Tax Incentives

At the time of writing, this country does not have any filming incentives. However, up-to-date information on global filming incentives may be found on the Entertainment Partners' Production Incentives Map.