Leptos Estates has completed over €7 million worth of sales to Middle Eastern buyers, with the majority taking advantage of the Greek and Cypriot Golden Visa Programme, which offers the cheapest perma …
Cronyism and inequity continue with new Cyprus government
Newly elected President Nikos Christodoulides promised in his campaign that his government would be one of “broad social acceptance”. For the economy this should mean a situation where all citizens …
Cyprus has two months to address VAT shortcomings
The European Commission on Thursday called on Cyprus to comply with the EU VAT rules for dwellings. The Commission decided to send a reasoned opinion to Cyprus for its failure to properly apply EU VAT …
Case Study – “A place in Cyprus for £80k: we decided it was time to follow our dreams”
Pauline and Chris Stanley have had their two-bedroom apartment in Cyprus a year now they’ve been pleasantly surprised at their outgoings. They property only costs around £80 a month to run, including …
Foreign arrivals and property purchases in the north up
A 48 per cent increase in the number of foreign tourists visiting the north was recorded during the first four months of this year compared to the same period last year, Cyprus News Agency reported on …
Turkey lashes out at US over warship anchored in Cyprus
The island remains ethnically divided between Turkish- and Greek-Cypriots since Turkey’s military intervention in 1974 in response to a Greek military coup.
Cyprus freezes $1.3B in Russian-owned assets
The Cypriot government has frozen 1.2 billion Euros ($1.3 billion) in Russian-owned assets managed by companies registered to operate in Cyprus.
Cyprus freezes $1.3B in Russian-owned assets
The Cypriot government has frozen 1.2 billion Euros ($1.3 billion) in Russian-owned assets managed by companies registered to operate in Cyprus.
Cyprus Finance Ministry: More than 1.2 billion euros in Russian assets frozen
Cyprus’ Finance Ministry says some 1.2 billion euros ($1.3 billion) in Russian-owned assets managed by Cyprus-registered companies has been frozen in compliance with sanctions leveled against Russia f …
Cyprus is becoming a low wage economy
Decent wages for most workers have fallen victim to crony capitalism In a Cyprus Mail opinion piece of April 30, 2023 it was argued that the economic system of Cyprus characterised by crony and …