Cyprus Property News for home buyers & real estate investors in Cyprus

4th December 2021
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Legal Matters

Trapped property buyers protection extended

By unanimous vote, parliament on Thursday passed a law extending to the end of 2022 the protection afforded to ‘trapped’ property buyers. It means the...

Cyprus approves 390 extra golden passports

Cyprus approved another 390 golden passports applicants after the Citizenship-by-Investment scheme was scrapped in November 2020, while Brussels' infringement procedure into the scheme continues. Presenting...

Cyprus to revoke 45 golden passports

The government has decided to revoke the citizenship of 45 dubious investors who obtained a Cyprus passport through the disgraced citizenship by investment scheme,...

Property developers & banks face legal action

The Cyprus Consumer Protection Service (CCPS) has registered 56 applications at court against property developers and banks in connection with abusive clauses in consumer...

EC approves scheme for vulnerable borrowers

The European Commission has approved a Cypriot scheme providing partial debt write-off to distressed, socially vulnerable borrowers with loans secured by primary residences. The...

Battle lines drawn in foreclosures’ row

The ongoing tussle between the government camp and the opposition over freezing bank foreclosures has turned into a kabuki theatre of sorts, both sets...

Freeze on foreclosures extended despite warnings

MPs on Thursday passed a law to further extend a moratorium on home foreclosures despite warnings of the potential consequences from the government and...

Golden passports inquiry’s report published

Cyprus' Law Office has released the final report of the Inquiry Committee probe into the issuing of passports under the citizenship for investment scheme...

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