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20th April 2024
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Yearly Archives: 2018

News

Rent scam suspects detained in Limassol

Staff Reporter -
Two suspects in Limassol have been remanded in custody for four days on suspicion of operating a rent scam following complaints from tenants who'd been paying €800/month for the last four months.
News

Bills rewarding bad borrowers may pass

Elias Hazou -
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.
Investment

Applications from Golden visa providers

Stelios Orphanides -
As from July 31st golden visa applications will only be accepted from providers that have registered with the scheme's supervisory body and who have signed up to a code of conduct.
News

MPs table bill to tax Airbnb-style rentals

Elias Hazou -
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.
News

Limassol rent price protest

Nigel Howarth -
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.
News

Reward bad borrowers; punish the good

Nigel Howarth -
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.

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