Cyprus permanent residency is a legal status that can be given to all qualifying citizens even if they do not come from an EU member state. The word permanent is not misleading and when this status is achieved, it is valid for a lifetime provided that all necessary documents are submitted. How to get Cyprus Permanent Residency To obtain the permanent residency, the applicant must meet at least...

Νέο σχέδιο έχει εξαγγείλει η κυβέρνηση το οποίο είναι ήδη σε ισχύ.   Ποιοί είναι οι δικαιούχοι Το σχέδιο αφορά αποκλειστικά όσους είχαν συνάψει δάνειο για την περίοδο 01/01/2022 μέχρι 31/12/2023 για πρώτη κατοικία. Τα...

A new subsidy scheme is already active and the application forms are expected to be available within the next few days. The Cyprus government collaborated closely with banks and has created a unique program designed to aid the people who found themselves in unfortunate situation due to the rise of interest rates and it is in continuation to a previous subsidy scheme, in the continuous effort to make...

In March 2024, the UK chancellor announced plans to phase out the non-dom tax regime. Following the recent elections, it was announced that this tax regime will be abolished by 06 April 2025. What exactly is non-dom (Domicile)? Non-dom is a British tax status that has been available since the French Revolution. Domicile comes from the Latin word Domus which means house and refers to a person whose...

Famagusta, a jewel of the eastern Mediterranean coast, boasts an enticing real estate market that attracts investors and homeowners. Its rich history, and striking scenery, can only begin to capture the allure of this magnificent and picturesque city. The city’s stunning beaches with crystal-clear waters have earned Famagusta a total of 34 certified blue-flag beaches and one marina, accounting for an...

The real estate market in Cyprus is full of investment opportunities, ranging from newly developed locations and high-end apartments to luxury beachfront villas. In this article, we will provide you with a simple guide for the most important things you need to know before you decide to buy a property in Cyprus. Cyprus is a small island country in the eastern Mediterranean Sea, famous for being...

The real estate market in Cyprus is on the rise. The market is expected to experience steady growth with an annual growth rate of 4.05%. This factor alone is enough to alarm foreign investors who are always searching for business opportunities. Urban and rural real estate markets can have significant differences, especially regarding price, demand, and amenities. The Cyprus real estate market...

Two of the most Frequently Asked Questions FAQs that real estate agencies receive from potential clients that are looking to sell or buy properties in Cyprus are of course the commission that the agencies charge and what are their responsibilities both towards the seller and also towards the buyer.For this reason, we will explain the main duties of a real estate agency but also briefly analyze some of the...

Huge repricing means huge Opportunities for the Real Estate Industry in Cyprus! There are many social and economic factors that have affected the property pricing some of which are not easy to analyze due to little to no research. Globalization has created a dynamic in foreign investments especially in the real estate industry but it has also created market instability due to socioeconomic and political...

Larnaca is a city on the south east coast of Cyprus. It is the third-largest city in the country behind only Nicosia and Limassol. The city’s location has been of strategic importance through the centuries and an extremely important core of Cyprus economy due to its maritime and commercial life of Cyprus.During the 18th and 19th centuries, Larnaca was the main sea entrance to Cyprus and all consulates,...