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NEW PROPERTY TAX OF 0.4%

Nov 21, 2022
Grace period for sales made between 22/02/2021 and 18/11/2022. The Department of Taxation today 21/11/2022 informs that according to the Central Agency for Equal Distribution of Burdens amending (No. ...
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Sales Boom: Cyprus Property Market Breaking ...

Nov 21, 2022
Limassol is the leader in the number of properties sold in Cyprus A Record recorded by the month of October in the filing of sales documents as according to the data of the land registry, the sales do ...
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Japanese giant of “MUFG in Cyprus!

Apr 01, 2022
Japanese giant of “MUFG in Cyprus! The announcement of the Japanese giant of “MUFG Investors Services” for the creation of a headquarters in Cyprus with the operation of an office in ...
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Property Sales Surge by 54% in Cyprus in 201...

Feb 23, 2022
Property sales recorded a large increase in February 2016, boosted by low interest rates and by base effects. According to official data by the land registry, deeds of sale submitted to the land regis ...
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Building Permits Up after six years – ...

Feb 23, 2022
Building permits recorded a marked increase in 2015 for the first time since 2009, accordingto new data. According to Cystat, the area of building permits increased to 881.1 mn square meters from 784. ...
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Why to purchase a Property in Cyprus till th...

Feb 23, 2022
Why to purchase a Property in Cyprus till the end of year 2016!! A number of non EU countries as Russia, China, some Arab countries and the others for last few years showed a great interest in purchas ...
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Cyprus Property Tax Reduced By 50%

Feb 23, 2022
Cyprus Property Tax Reduced By 50% It has been approved that the immovable property tax rate to be reduced by 50% and to abolish immovable property tax collected either by municipalities and communiti ...
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75% cut in property tax in 2016 – buy ...

Feb 23, 2022
A 75% cut in Property Tax in 2016! Also from 2017 onwards the immovable property tax will be abolished. If the payable Immovable Property Tax is paid after the 31st October and before the 31st Decembe ...
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Revised scheme for granting Cypriot citizens...

Feb 23, 2022
On September 13th, 2016 the Council of Ministers approved the revised scheme for granting Cypriot citizenship to non-Cypriot entrepreneurs/investors. The government wants to attract investors who will ...
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Booming on Cyprus Property Market.

Feb 23, 2022
After a period of prolonged economic difficulties and stagnation in the Cyprus property market. The property experts are now saying that following new property tax incentives and the government’s gold ...
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Overseas interest brings further optimism to...

Feb 23, 2022
The Cyprus property market has shown a significant turnaround from 2015 through to 2016, and this trend looks set to continue.  The island’s land registry reported an increase in sales to overse ...
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Cyprus Citizenship Program revisions 2018

Feb 23, 2022
21 May 2018 We wish to bring to your attention important updates regarding the Cyprus Citizenship by Investment Program, as approved on Monday 21 May 2018, by the Cyprus Council of Ministers. The Coun ...
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