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Cyprus Pushes For Visa Waiver Deal By September As U.S. Experts Complete Security Review

Cyprus is accelerating efforts to join the U.S. Visa Waiver Program (VWP), aiming to seal the deal before September. American officials are in the country this week, conducting on-site security assessments—a key step in the approval process.

The VWP allows citizens from approved countries to enter the U.S. for tourism or business without a visa for up to 90 days. Cyprus, currently not on the list, has been working to meet the strict entry requirements, especially around security standards and visa rejection rates.

U.S. experts arrived on Monday and have already carried out inspections at critical infrastructure points including airports, ports, the Ministry of Interior, the Deputy Ministry of Immigration, and police facilities. According to sources close to the Cypriot Presidency, the visit focuses on evaluating how the country handles border security, identity verification, and overall system integrity.

Additional questions from the American side may follow once the site visits conclude. The outcome hinges on a report the U.S. government will submit to Congress. If the findings are favorable, Cyprus could get the green light.

Even with a positive recommendation, inclusion isn’t immediate. It takes two to three months to update U.S. systems before Cypriot travelers can use the streamlined electronic travel process.

Timing is crucial. While there’s no formal deadline, Cyprus is aiming for September to lock in this year’s impressively low visa rejection rate—a core eligibility requirement. To qualify, a country’s refusal rate for U.S. visas must stay below 3% over 12 months ending in September.

Cyprus currently sits comfortably at 2.16%, the third lowest globally, according to the U.S. State Department. Only the United Arab Emirates (1.46%) scored better among active applicants. Some nations, including Liechtenstein and Monaco, showed 0% rejections—but this may reflect no applications rather than flawless approval rates.

On the other end of the spectrum, countries like Laos (82.84%), Liberia (79.38%), and Somalia (77.02%) recorded the highest visa refusal rates.

If Cyprus secures a spot in the VWP, it would mark a major win for both its government and citizens, who would benefit from easier travel to the United States. The coming weeks will be critical in determining whether that long-anticipated milestone is finally within reach.

Cyprus Property Deals Reach €286 Million Despite Second-Quarter Uncertainty

Cyprus’ high-end property market remained active in the first half of 2026, although geopolitical uncertainty may have weighed on investment activity during the second quarter.

€286.4 Million Across The 50 Largest Deals

Property transactions worth a combined €286.4 million ranked among Cyprus’ 50 highest-value deals completed between January and June, according to real estate analytics firm Ask Wire.

Examining the country’s biggest sales across all districts, the report found that the 10 largest transactions alone accounted for €161.7 million, highlighting the concentration of activity at the upper end of the market.

Limassol Extends Its Lead

A €55 million sale involving a building and adjoining fields in Moni was the largest property transaction recorded during the period.

Six of the country’s 10 biggest deals took place in Limassol, with a combined value of €117.2 million. Paphos followed with three transactions worth €35.5 million, while Larnaca recorded one €9 million sale.

Across the broader ranking, Limassol’s 10 largest transactions reached €148.2 million, representing 51.7% of the total value of the top 50 deals. Paphos followed with €68.8 million (24%), while Nicosia recorded €26.7 million. Famagusta narrowly surpassed Larnaca, reaching €21.4 million compared with €21.2 million.

Land Continues To Drive High-Value Deals

According to Ask Wire CEO Pavlos Loizou, land acquisitions continue to dominate Cyprus’ largest property transactions.

“The land market dominates the list of the 10 highest-value property transactions, with seven sales involving fields and plots.”

Many of those sites are expected to be developed into luxury residential and hospitality projects, he added.

Office Demand Remains Strong

Growing demand for office space also reflects the expansion of international companies establishing operations in Cyprus, Loizou said.

“We continue to observe growing demand for office properties, reflecting the expansion of the new ecosystem of international companies that has been establishing itself in Cyprus in recent years.”

Eight of the 10 largest transactions were completed during the first quarter of 2026, with activity slowing in the following three months.

Loizou said the slowdown may reflect investor caution linked to the conflict in the Middle East, which appears to have influenced investment decisions during the second quarter.

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