Cyprus Property News magazine for overseas buyers & real estate investors

Wednesday 30th September 2020

Legal Matters

Cyprus Bar Association board has failed

The Cyprus Bar Association's disciplinary board has failed in its mission, chairman Doros Ioannides conceded on Wednesday, as he urged parliament to look into...

House passes bills to tighten citizenship scheme

Parliament on Friday voted into law two bills and approved regulations aimed at tightening Cyprus' citizenship by investment programme. One of the laws was passed...

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...

Corrupt lawyers continue to plunder estates

Corrupt lawyersin Cyprus continue to plunder the estates of their deceased clients by calculating their fees for administering estates on the Cyprus Bar Association's 'Minimum Fee Regulations', which were abolished in 2018

Law regulating self-catering rentals enacted

The law regulating Airbnb and other self-catering accommodation rentals in Cyprus has been enacted requiring their owners to follow a set of regulations and formalities to legally provide their services.

New rent law contains grey areas

Although the rent law has been changed so that tenants now have to prove they've paid the rent to be able to defend their case in court, the amended law still contains some grey areas.

Is the Cyprus justice system broken?

Recent court cases have raised questions about the Cyprus justice system with a recent survey among Limassol-based lawyers highlighting their views on a number of key questions.

Stripping citizenship of 26 investors problematic

The process of stripping citizenship from 26 foreigners who obtained Cypriot passports is proving difficult as passports for naturalised investors cannot be revoked according to the law.

TOP STORIES

EU vows to take aim at ‘golden visa’ programmes

For years, wealthy Chinese have made investments in Cyprus and Malta in exchange for European Union passports – so-called golden visa transactions. Now, Brussels...

Wealthy Britons turn to Cypriot citizenship

The number of British entrepreneurs looking to "buy" citizenship from countries offering visa-free access to the European Union has risen sharply, investment migration firms...

Mixed outlook for real estate

BNP Paribas has released its second 2020 report regarding the property market outlook post-pandemic, presenting forecasts about real estate in uncertain times. The obvious differentiation...

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