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All reports tagged with: "Chinese"

Cypriot passport investment applications falling

New applications for Cypriot passports under the island’s ‘citizenship-by-investment scheme’ (aka passport-for-cash scheme) are falling, possibly as a result of the stricter rules introduced in May.

Renewed interest in Larnaca airport

There is renewed interest in the old Larnaca airport by a Chinese consortium that plans to use the site as a wholesale commercial park and re-export products to the Middle East and EU member states.

Chinese property scam second arrest

A second man has been remanded for three days in connection with the scamming of a Chinese property investor and is suspected of being the partner of the 43-year-old man arrested a week ago.

Chinese property scam arrest

Paphos police have arrested a man on suspicion of scamming Chinese property buyers following a complaint by a Chinese woman who handed over €260,000 to men posing as intermediaries for well-known property developers.

Chinese targeted by property scammers

Scammers in Paphos claiming to be middlemen of major developers have taken money from a Chinese woman who subsequently discovered that the land she had paid for did not belong to the seller.

Chinese buyers scammed

Several dozen Chinese families buying property Cyprus have reported being scammed by unlicensed real estate agents who take advantage of foreign buyers according to Marinos Kynegirou.

Chinese interest increasing

Chinese investor interest in Cyprus has grown dramatically over the past year with the juwai.com Purchasing Intent Index reporting the highest increase of all the Mediterranean countries.

Applications for residency on the rise

Applications by third country nationals for residency permits over the last two years have resulted property sales valued at around €270 million with another €27 million deposited in local banks.

Chinese investor sues state over haircut

A victim of the Bank of Cyprus haircut, a Chinese investor who transferred 15 million Euro to Cyprus has sued the state according to a report in the current edition of the Cyprus Weekly.

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