Cyprus Property News for home buyers and real estate investors

Monday 19th April 2021
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Elias Hazou

Bills meant to help troubled borrowers withdrawn

Ruling Disy MP Averof Neophytou on Monday withdrew bills intended to provide tax relief to borrowers with non-performing loans, after it emerged that the...

Golden passports scheme ‘irrevocably terminated’

The controversial Citizenship-by-Investment (CBI) scheme is "definitively and irrevocably terminated", Interior Minister Nicos Nouris assured MPs on Monday, but lawmakers insisted that does not...

Parliament to vote on tougher citizenship rules

The House interior affairs committee on Monday wrapped up discussion of new regulations aimed at tightening up the citizenship-by-investment programme, previously flagged by the...

MPs commit to expedite citizenship bills

MPs have committed to expediting the bills and regulations aimed at improving the transparency of the citizenship-by-investment programme, so that the items can be voted on before the House breaks for the summer recess.

Decision soon on Pissouri homes devastated by landslide

The government said Monday it will soon have in hand the recommendations of experts concerning the landslide in the area of Pissouri, which has seriously damaged dozens of properties throughout the years.

Skyscrapers are not mushrooming says minister

Interior Minister said "Skyscrapers are not mushrooming…Cyprus won't turn into a Manhattan" on Thursday when claims that the citizenship-by-investment programme might lead to fiscal derailment were also rejected.

Discussions completed on Airbnb bill

MPs have completed their discussions on the bill aimed at regulating Airbnb-style short-term property lettings and hope it will go before the plenum of the house before the summer recess.

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