Revised Guidelines Reshape Employment For Foreign Students In Cyprus

Decree Overview

The Cyprus Federation of Employers and Industrialists (OEV) announced that a revised decree regulating the employment of foreign students from third countries has been published in the Official Gazette of the Republic. The decree defines the sectors and professions in which these students are permitted to work.

Employment Conditions For Foreign Students

Foreign students may begin employment only after completing their first academic semester and registering for the following one. The requirement is intended to ensure that employment does not interfere with their academic studies.

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Obligations For Employers

Businesses employing foreign students must submit several documents as part of the hiring process. These include a certificate confirming full-time study and proof of enrollment from a recognized educational institution, as well as a monthly work schedule prepared by the employer. A valid copy of the student’s residence permit must also be provided.

Employers are also required to submit a certified employment contract endorsed by the Department of Labour that outlines the main terms of employment.

Ensuring Compliance

The OEV urged businesses to familiarize themselves with the revised framework and comply with the guidelines set out in the decree. The organization said the measures are intended to regulate the employment of foreign students while maintaining their academic commitments.

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Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

by THEFUTURE.TEAM

March 27, 2026

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

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Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.

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