Buying Real Estate in Cyprus Cyprus has traditionally been a popular relocation destination, combining a business-friendly environment and a favourable tax regime with a safe, high-quality lifestyle to raise a family. The real estate sector in Cyprus has experienced substantial growth with demand from both within and outside the EU. Moving to Cyprus and buying […]
Discover Luxury Island Living in Cyprus! Read More »
The EU’s Deposit Guarantee scheme is often considered as a key element of stability in the EU’s banking sector, introduced following the financial crisis of the mid-2010s. However, this sounds like a complicated financial term and can cause confusion. Firstly, what is a Deposit? And What is a Deposit Guarantee Scheme? Money kept at
The EU’s Deposit Guarantee Scheme in Cyprus: Doing Business Internationally Read More »
Minds in Cyprus: Cyprus Supports the Repatriation of High Skilled Professionals The Cyprus government has recently launched the “Minds in Cyprus” initiative, an ambitious programme aimed at encouraging highly skilled Cypriots residing abroad, to return to Cyprus and contribute to the country’s ongoing economic and scientific transformation. The programme is a key part of the
Reducing a company’s share capital is a strategic decision that companies may undertake for various reasons. In Cyprus, this process is governed by the Companies Law, Cap. 113, and requires court approval, inter alia, to protect the interests of creditors and key stakeholders. What is a Share Capital Reduction? A share capital reduction allows a
Reduction of Share Capital of Cyprus Companies Read More »
Acquisition of Cyprus Citizenship due to Marriage Cyprus offers a straightforward and family-oriented pathway to Citizenship through marriage. Foreign nationals married to Cyprus citizens may apply for the Cyprus Citizenship through the M125 registration process. This option is governed by the Civil Registry Law 141(I)/2002. Eligibility Highlights: To be eligible to apply for the Citizenship
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A recent court case in Cyprus has highlighted the risks buyers may face when purchasing real estate in Cyprus. According to a report by Phileleftheros newspaper, a buyer purchased an apartment only to later discover that it had already been sold to someone else. The case highlights the importance of legal due diligence in real
Buying a Property in Cyprus: Role of the Land Registry & Due Diligence Read More »
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