Simplified Guide to Opening a Bank Account in Cyprus Opening a personal bank account in Cyprus has evolved in recent years due to changes in money laundering laws and Central Bank Regulations. While these changes have added some complexity, anyone armed with the necessary documents and guidance can navigate the process with ease. Whether you’re...Read More

Unlocking the Essence of Cyprus Title Deeds Title deeds in Cyprus are the cornerstone of property ownership, encapsulating a property’s history and confirming its rightful owner. Every property’s title deeds are meticulously maintained by the Department of Lands and Surveys in each City of Cyprus, serving as irrefutable proof of ownership. These documents are comprehensive,...Read More

Introduction: Cyprus has introduced a revised VAT scheme for primary residences in 2023, aimed at boosting homeownership. While the reduced VAT rate for primary residences remains at 5%, significant changes have been made to the criteria governing this tax scheme. In this article, we’ll delve into the new criteria and what they mean for property...Read More

Συνιδιοκτησία σε Ιδανικές μερίδες: Τι πρέπει να γνωρίζετε; Οι συνιδιοκτησίες σε ιδανικές μερίδες είναι πολύ συνηθισμένες στην Κύπρο. Συνήθως η συνιδιοκτησία σε ιδανικές μερίδες είναι αποτέλεσμα κληρονομικής διαδοχής όπου, οι κληρονόμοι, αντί να συμφωνήσουν στην μεταξύ τους διανομή της ακίνητης ιδιοκτησίας εγγράφονται ως συγκύριοι σε ιδανικές μερίδες της ίδιας ακίνητης ιδιοκτησίας. Αυτό πολλές φορές το...Read More

Being an Illegal Real Estate Agent is a Criminal Offense According to Law N. 71(Ⅰ)/2010.   In Cyprus, the profession of a Real Estate Agent is highly regulated and institutionalized through Law N. 71(Ⅰ)/2010. A Licensed Real Estate Agent is someone, who at the material time holds a valid license issued under Article 17 and...Read More

What is CySEC and what does it do? The Cyprus Securities and Exchange Commission (CySEC) is the independent public authority responsible for the supervision of the investment services market, the collective investment and asset management sector, and the crypto-asset activities conducted in and out of the Republic of Cyprus. CySEC’s vision is to establish the...Read More

Cyprus has a greater chance of attracting foreign investors and business people, due to its recent quick development, Cyprus is a popular choice for many foreigners looking to relocate, whether for business or family reasons. This is due to the country’s economic and political stability, infrastructure that is continually being developed, wonderful weather all year...Read More

The TOP-5 reasons that motivate contemporary businesspeople to focus on Cyprus include the following:   Corporate income taxes are low The low corporate tax rate is one of the most alluring factors for many businesses to “migrate” to Cyprus. Being one of the “Lowest Corporate Tax Rates in the EU,” the company tax rate is...Read More

Visitor’s Visa Moving abroad is a big decision, therefore many prospective expats would certainly like to visit the area first before deciding to settle there permanently. Fortunately, getting permission to visit Cyprus is very easy and quick because the island mainly depends on international tourists. Visitors to Cyprus who possess an EU passport are permitted...Read More

Cyprus boasts one of the most appealing climates in Europe. The division between the Republic of Cyprus and the Turkish Republic of Northern Cyprus remains a major political issue. The cultural experiences available in Nicosia and Limassol are very rich. There are several procedures involved in applying for a residence and work permit if you...Read More