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Tag: Cyprus

Posted on June 9, 2023

Cyprus labors to shield reputation amid new U.S., U.K. action

In April, the U.S. and the U.K. included a handful of Cypriot nationals and Cyprus-registered companies on a list of “enablers” helping Russian oligarchs skirt sanctions. It was an unwelcome reminder …
Posted on June 7, 2023

Investing in North Cyprus: A Paradise for Property Investors

One of the key factors driving the appeal of investing in North Cyprus properties is its untouched nature. North Cyprus boasts low population density, allowing it to preserve its natural beauty with a …

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Posted on June 6, 2023

Explore new Cyprus property opportunities at REALTYon EXPO

This month, the largest property expo in Cyprus yet, REALTYon EXPO will bring together 3,500-plus attendees and 50-plus exhibitors, including property developers, ministries, real estate agencies, …

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Posted on June 6, 2023

Surge in sales of holiday homes in Greece & Cyprus as MENA buyers target EU residency

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 …

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Posted on June 4, 2023

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 …

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Posted on June 1, 2023

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 …

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Posted on May 30, 2023

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 …

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Posted on May 19, 2023

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 …

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Posted on May 18, 2023

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.
Posted on May 17, 2023

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.

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