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All reports tagged with: "foreign investors"

Weakening property sales

Cyprus property sales have fallen significantly following the introduction of stricter criteria for acquiring passports in May highlighting the real market’s dependence on the ‘citizenship by investment’ scheme.

Foreign demand for Cyprus property slumps

Demand for Cyprus property by non-EU nationals has fallen, but it’s unclear whether this is due to the stricter controls imposed by government following criticism by the European Union.

Larnaca new high-rise tower projects

In Larnaca, some 20 – 30 high-rise residential developments and hotels ranging from 10 to 30 stories are in the pipeline with construction expected to begin over the coming years.

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.

Russian and Arab investors developing land

Russian and Arab investors are buying and developing land in Cyprus with Limassol being their first option according to Marinos Kynegirou, the Chairman of the Cyprus Real Estate Agents Association.

Zero rent increase – wrong decision

How will foreign investors invited to put money into the Cyprus property sector interpret the decision by the Government’s Council of Ministers that there will be no rent increases until 2019?

Europe’s Golden Visa schemes

The ‘Golden Visa’ schemes offered by many European countries, including Cyprus, have their risks and rewards, but could processing delays and other inconveniences stymie interest from Asian buyers?

Citizenship for sale controversy

The Cyprus property market could be hit by a fall in property prices if investors granted a Cypriot passport under the citizenship-for-sale scheme decided to sell their property after three years.

New expectations for major projects

The Cyprus Investment Promotion Agency has identified serious interest on behalf of a number of prospective investors in twenty eight large scale development projects in Cyprus.

Tax incentives target rich foreigners

A 50 per cent cut in Property Transfer Fees and other tax incentives have been announced by the Cyprus President in efforts designed to attract high-net-worth foreign investors to the island.

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