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How is the economy and political situation?

economy Political
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How is the economy and political situation?

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The Republic of Cyprus joined the European Union on May 1, 2004. The government of the Republic of Cyprus is the internationally recognized authority on the island but, in practice, its control extends only to the Greek Cypriot southern part of the island. A passport is required for travel to Cyprus. Tourist and business visas are issued at the port of entry for a stay of up to three months. The northern area operates under an separate and autonomous Turkish-Cypriot administration. For foreigners who have purchased property, temporary residence permits from one to four years in duration can be easily obtained by visiting a local immigration office and presenting the required documents. The Cypriot government has designated Larnaca and Paphos international airports, and the seaports of Limassol, Larnaca, and Paphos the only legal points of entry and exit from the Republic of Cyprus. These ports are all in the southern part of the island. Visitors arriving through these designated ports

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