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Investor Centre

Cyprus housing market set to slowdown

The housing market in Cyprus is set to slowdown in the medium term following a reduction in the number of sale contracts deposited at Land Registry offices during the second half of 2019.

Citizenship applicants are high-risk

The Institute of Certified Public Accountants of Cyprus (IPAC) has cautioned its members that “Investment citizenship programs carry inherent risks relating to money laundering, corruption, bribery and tax evasion.”

What next for the Cyprus real estate market?

The Cyprus real estate market is changing faster than ever and its predicted that the positive trend will continue as the market is constantly developing and becoming more attractive to global investors.

Cyprus passports really are ‘golden’

A new index shows that Cyprus passports really are ‘golden’ ranking its power at eight as its holders can visit 166 countries including 122 visa-free and 44 by obtaining visa on arrival.

Instability expected in Cyprus real estate sector

Although it’s too early to make any conclusions, there are indications that the Cyprus real estate sector may experience significant instability and uncertainty in 2020 according to a PwC report.

Citizenship scheme reaching saturation point

Cyprus’ property developers and other stakeholders are concerned over the future of the construction industry as the Citizenship for Investment Scheme appears to be reaching saturation.

Cash Was King!

Cash Is King is a slang term reflecting the belief that money (cash) is more valuable than any other form of investment tool. This phrase is typically used when prices in the securities market are high.

Chinese investors in €30 million property deal

Chinese investors have secured land amounting to 32,271 sqm. in the Tsiflikoudia area of Limassol to the north of the marina in a €30 million deal with the Bank of Cyprus’ Real Estate Management Unit (REMU).

New criteria for passport scheme

New criteria for those wishing to obtain a Cyprus passport through the much criticised citizenship by investment scheme will come into force next week and will include due diligence checks on applicants.

Chinese investors moving beyond citizenship scheme

Although initially attracted to Cyprus by the ‘citizenship by investment’ scheme, a banking source has said that we are seeing a decline in one-off buys with east Asian investors now focussing on investments requiring financing.

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