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Cyprus Property News

Cyprus Economy - Excellent and strong relations with Egypt

Excellent and strong relations with Egypt First Published: 20/09/2016 By Stockwatch Cyprus Cyprus President Nicos Anastasiades has described as "excellent and strong" the relations between Cyprus and Egypt, following a meeting he had in New York, on Monday, with Egyptian President Abdel Fattah el-Sisi.The two men, who met on the sidelines of the UN General Assembly, discussed the trilateral high... [Read More]

KPMG: Property Prices are at low levels

According to KPMG Cyprus research study, regarding the property market in Cyprus, the property prices and rents are at low levels in comparison with the rest of Europe. According to the study, the property prices of EU Members are in most of the states, below €5000 per square meter.  In Cyprus, the property prices are on average €1790 per square meter, which makes the... [Read More]

Luxury Cypriot marina project ‘to attract international investors’

    from OPP Today: Luxury Cypriot marina project ‘to attract international investors’ A new £190milion luxury marina development in Cyprus has just been announced, which aims to set a new standard for luxurious sea-front marina living. Ayia Napa Marina will include two iconic twisting towers, luxury residences, world-class yachting facilities and a 600-... [Read More]

Cyprus revises tax treaty with India, ratifies new tax treaties, announces 2016 NID yields, and expedites ruling process

In brief, The Cyprus government has reported several important tax developments that will affect multinational enterprises doing business in Cyprus. Regarding tax treaties:  The Cyprus government on June 30, 2016, announced that it completed negotiations and reached an agreement in writing for a revised tax treaty between Cyprus and India.  The first tax treaty between Cyprus and Bahrain sig... [Read More]

REDUCED TO € 2 MILLION the Cyprus Citizenship ( EU Passport ) Programme

REDUCED TO € 2 MILLION the Cyprus Citizenship  ( EU Passport ) Programme SCHEME FOR NATURALISATION OF INVESTORS IN CYPRUS BY EXCEPTION on the basis of subsection (2) of section 111A of the Civil Registry Laws of 2002-2013 As per the decision of the Council of Ministers dated 24th May 2013, a non-Cypriot can apply for the acquisition of Cyprus Citizenship by Investment, if he/she, ... [Read More]

Bank of Cyprus officially listed at the London Stock Exchange

With 99% of shareholders to say "yes" to the resolutions made today at the General Meeting of the Bank of Cyprus, that sealed the entrance of the bank at the London Stock Exchange. The adoption of resolutions will bring changes in the ownership structure of the Bank, through the exchange of existing shares to new shares in the proposed holding company, the Bank of Cyprus Holdings Public Limited C... [Read More]

Cyprus Economy - Investments of € 4.8 billion from passports

Investments close to € 5 billion have brought the investors' naturalization plan since 2013, according to new figures released today by StockWatch.Interior Ministry data released for the first time show that since 2011 Cyprus has granted 1319 passports to foreign investors through which it has invested € 4.8 billion in the country. Passports have increased significantly since 2013. The ... [Read More]

Real Estate Group (R.E.G. )

Real Estate Group (R.E.G. )   is an alliance of licensed and independent realtors that operate in Cyprus and Greece under the same roof. The individual realties in both countries operate successfully for many years in their respective regions offering clients the most comprehensive forum of Real Estate Services. Properties ranging from New or Resale to Award-Winning Landmark Projects and... [Read More]