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30th January 2023
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Elias Hazou

Government revokes two more passports

The government on Thursday said that it revoked the citizenship of two more individuals who had obtained Cyprus passports through the citizenship-by-investment scheme. Interior Minister...

Amend property VAT laws or else!

The European Commission has given Cyprus until mid-February to enact new legislation governing the levying of reduced VAT on properties, otherwise it will move...

Unpaid housing loans cause concern

The finance ministry has expressed alarm and dissatisfaction at the high amount of money owed to public-law organisations that give out loans to people...

VAT rate on first homes rethink

Faced with pushback from MPs and building industry stakeholders, the government on Monday agreed to - again - rethink parts of a bill providing...

Lenders told not to foreclose on properties

The financial ombudsman has advised banks and credit-acquiring companies to refrain from foreclosing on mortgaged properties before the definitive conclusion of procedures within the...

Golden passport cases passed to Attorney-General

The police have handed over to the Attorney-General two cases involving the now-defunct 'golden passport' scheme - one of them relating to the reveals...

Green-light expected for mortgage to rent scheme

The government anticipates that the European Commission will soon give it the green light to roll out the 'mortgage to rent' scheme. Speaking to the...

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