Cyprus to strip citizenship of 26 investors
Cyprus is to strip 26 citizenships for people who obtained passports by investing including nine Russians, eight Cambodians, five Chinese, two Kenyans, one Iranian and one Malaysian.
News
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Minister downplays citizenship scheme’s value
The importance of the Cyprus citizenship by investment programme, which was introduced when the Cypriot… -
ESTIA debt relief scheme failing big time
With only 3% of loan defaulters applying for the government's ESTIA debt relief scheme, economics… -
Skyscrapers are not mushrooming says minister
Interior Minister said "Skyscrapers are not mushrooming…Cyprus won't turn into a Manhattan" on Thursday when…
Articles
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Land Registry values down while prices rise
The Cyprus Land Registry has come under attack over its valuation of properties on the… -
Strategic defaulters and sovereign corruption
The government backed Estia scheme enables those who have deliberately defaulted on their housing loans,… -
Foreclosures highlight we are the eternal victims
A personal view on foreclosures, the banking system and the Cypriot mentality of never taking…
Legal Matters
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Bank foreclosure: outline of the legal framework
The procedure by which banks in Cyprus foreclose on property is often confusing and the… -
Eviction of non-paying tenants to be made easier
The eviction of tenants who deliberately fail to pay their rents or who fall into… -
Trapped buyers bill changes approved
The revised 'trapped buyers' bill designed to overcome the problems of the current law has…
Investor Centre
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Citizenship scheme reaching saturation point
Cyprus' property developers and other stakeholders are concerned over the future of the construction industry… -
Cash Was King!
Cash Is King is a slang term reflecting the belief that money (cash) is more… -
Chinese investors in €30 million property deal
Chinese investors have secured land amounting to 32,271 sqm. in the Tsiflikoudia area of Limassol…
More Recent Reports
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Income tax statements mandatory for all
Every resident of Cyprus will soon have to submit an annual tax statement regardless of whether their income falls below the tax threshold of €19,500; failure to pay will be a criminal offence... -
Cyprus property boom is not a bubble
The Cyprus Finance Ministry says that the boom in the Cyprus property market is not a bubble but acknowledges that the potential large-scale sell-off of properties by the banks could push prices down... -
Cyprus hoteliers cry foul over new Airbnb law
The draft bill designed to regulate rentals through online Airbnb-type platforms has come under fire from Cyprus hoteliers who claim it allows short-term rental accommodation owners to compete without a handicap...
