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Cyprus Prepares to Assume EU Presidency and Eyes Joining the Schengen Area in 2026

It was officially announced that Cyprus will assume the presidency of the European Union in 2026, an important step that reflects its rising status and growing role within the EU.

In a separate statement on Sunday, May 11, 2025, President Nikos Christodoulides confirmed that Cyprus is on track to join the Schengen Area in 2026, noting that all necessary technical procedures will be completed by the end of 2025.

This transformation is expected to significantly increase property values, making now the ideal time to obtain permanent residency in Cyprus through real estate investment.

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