Cyprus has its own domain, .cy!
The domain registry for .cy, Cyprus’s own domain, has just loosened its registration rules, notably removing the local presence requirement.
Changing an owner in order to leave a trustee service (local presence) was, until now, very complicated and required deleting the domain in order to create a new registration for the domain. The registry now confirms that they have made the rules more streamlined to allow for a contact to be modified simply and directly via the admin account.
Among other new features are the ability to directly register a .cy domain name, for example mybrand.cy following the same rules as for .com.cy (without local presence).
Cyprus, then, is really offering two new domains: .com.cy and .cy.Tagged in corporateDomain names