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  • Reward bad borrowers; punish the good

    Reward bad borrowers; punish the good

    In a move, which if successful, will result in rewarding bad borrowers while punishing the good, the Cyprus parliament is expected to vote on proposals granting tax relief to bank debtors by July.

  • Speeding up issue of Title Deeds

    Speeding up issue of Title Deeds

    The Cyprus government is ready discuss ways to reduce the time taken to issue Title Deeds, which has tarnished the reputation of Cyprus as a safe place to buy property by overseas investors.

  • More Recent Reports

  • Bills rewarding bad borrowers may pass

    Bills rewarding bad borrowers may pass

    The bills rewarding bad borrowers by exempting them from paying income tax, capital gains tax, property transfer fees, stamp duty and the special defence contribution are expected to pass...
  • MPs table bill to tax Airbnb-style rentals

    MPs table bill to tax Airbnb-style rentals

    A bill to regulate and tax the income on short-term Airbnb-style property rentals has been tabled by two MPs and should go before the plenum prior to the parliamentary summer recess...
  • Limassol rent price protest

    Limassol rent price protest

    Around 1,000 Limassolians and others are expected to gather outside the Limassol District Administration Offices in Anexartisias Street to protest against the exorbitant rent prices in the town...

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