
The Cyprus Tax System: Features, Pros, and Cons
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
Washington, D.C. — The Trump administration is preparing a significant expansion of its controversial travel ban, with a new proposal that could restrict entry for citizens of 36 additional countries, according to an internal State Department memo obtained by The Washington Post. The move would mark a dramatic escalation of the White House’s immigration crackdown, extending visa limitations to key African allies, Caribbean nations, and Pacific Island states.
The memo, circulated among U.S. diplomats and signed by Secretary of State Marco Rubio, outlines a 60-day ultimatum for the targeted nations to comply with strict new U.S. requirements—or face full or partial entry bans. Governments must submit an initial action plan by Wednesday at 8 a.m., detailing steps to address American concerns over identity verification, visa overstays, and security cooperation.
The restrictions are being introduced against the backdrop of the launch of the Trump Card, which offers the opportunity to obtain a US residence permit in exchange for a $5 million contribution.
The expanded list includes 25 African countries, among them strategic partners like Egypt, Djibouti, Nigeria, and Ghana, raising diplomatic concerns. Also named are several Caribbean states (Antigua and Barbuda, Dominica), Central Asian nations (Kyrgyzstan), and Pacific Islands (Tonga, Vanuatu). A full breakdown is provided below.
The memo cites multiple failures, including:
The document notes that compliance—such as agreeing to "safe third country" deals or improving document fraud detection—could mitigate restrictions.
The proposal has not been finalized, and the State Department declined to comment on "internal deliberations." However, if enacted, it would:
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
In this article, we'll take a detailed look at what a green card is, the rights and responsibilities it provides, how to obtain one, and the pros and cons of permanent resident status.
BIG UAE Visa News! ICP introduces new visas for AI experts, entertainment, events, and cruise tourism. Updated rules for visiting family, business, and humanitarian cases.