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All reports tagged with: "Cyprus"

The long fight for a building permit

A frustrated citizen reports on his long fight with bureaucracy to get a building permit; he’s whose been pushed from pillar to post, ignored, blamed for the delay and threatened if he went to the media.

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.

Trapped buyers law changes discussed

A bill aimed at improving the 2015 trapped buyers law, which was successfully contested by the banks as being unconstitutional in the lower courts is being discussed by the House Legal Affairs Committee.

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.

Building permits for more new homes in Cyprus

The number of new homes in Cyprus for which building permits were issued rose by 13.7 per cent in March 2019 compared to March 2018 according to the Cyprus Statistical Service.

Cyprus in court over waste water management

The European Commission has taken Cyprus to the European Court of Justice for its failure to properly treat urban waste water from agglomerations with a population of more than 2,000 inhabitants.

Trapped buyers bill almost completed

A debate on an amended trapped buyers bill designed to overcome the shortfalls in the existing law is set to begin on Wednesday 12 June with the expectation that legislation will be enacted before the summer recess.

Cyprus building & construction driven by passports

Although the years of austerity in the Cyprus building and construction sectors appear to be over, pundits believe that they remain heavily dependent on the passport for investment scheme.

Building permits issued for 576 new homes

The number of new homes in Cyprus for which building permits were issued rose by 13.2 per cent in February 2019 compared to February 2018 according to the Cyprus Statistical Service.

Cyprus strong growth momentum continues but…

Cyprus’ economic expansion is set to remain robust, driven by domestic demand, but risks are tilted to the downside, according to the European Commission’s spring 2019 economic forecast.

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