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Buyers Guide
About Cyprus
Cyprus Living
Cyprus offers an enviable lifestyle in a safe, clean and healthy environment with high living standards. Low crime levels, year-round sunshine, centuries of art and culture, and a delicious gastronomy all contribute to a high quality of life. Safety is amongst the biggest advantages of Cyprus, which has been ranked the safest smaller country in ValuePenguin’s Safest Coun...
Doing Business in Cyprus
Cyprus has long established itself as a thriving business hub, with a vast array of investment opportunities in key growth sectors of the economy. The island’s ideal strategic location, advanced infrastructure and high quality of life do not only represent key reasons to relocate and live on the island, but are also at the heart of an investor’s choice to invest...
Cyprus
Cyprus’ strategic location, natural beauty and wealth of resources have rendered the island a jewel for its various conquerors and peoples that resided the Eastern Mediterranean throughout the ages. Cyprus has developed a unique culture, harmoniously blending influences from different civilisations whilst maintaining its Greek character. The rich historical and cultur...
Paphos
Paphos is a town at the southwestern tip of Cyprus, between the coast and the Troodos Mountains, situated on the south-west coast of Cyprus is capital of the district, and historically one of the most important centers on the island. Paphos is renowned as the birthplace of Greek goddess Aphrodite. Modern-day Paphos is divided in two, with the upper section up the hi...
Процедура покупки недвижимости на Кипре
Процедура приобретения недвижимости на Кипре достаточно проста. Жилую недвижимость на Кипре могут покупать иностранные как физические, так и юридические лица. Единственное ограничение - иностранный гражданин имеет право приобрести на свое имя 2 объекта площадью не более 4014 кв. м. Если есть желание приобрести больше тогда надо открывать юридическую компанию и записывать недвиж...
BENEFITS OF PR
Cyprus boasts a rich and diverse culture, mild Mediterranean climate, a safe and stable setting which is ideal for raising families, and perfect location for business and travelling. Investors also look at Cyprus for business and investment purposes recognizing numerous investment opportunities. Permanent Residence gives investors and their families visa free travel to Cypru...
Cyprus Council of Ministers approved the reduction of the property tax by 50%
On Wednesday, June 1, 2016 the Cyprus Council of Ministers approved the reduction of the tax on all real estate transactions by 50% and abolished the property tax collected by municipalities. It is reported portal Cyprus Buyers are the Property "Today we have taken an important step in the direction of tax reform and reducing the tax burden for individuals and corporations", -...
Banking in Cyprus
Cyprus’ banking system is modelled on the British system, with banking practices, services and methods of management and control closely resembling those in the UK. The Central Bank of Cyprus regulates, supervises and monitors the country’s banking system. There are currently 14 domestic banks operating in Cyprus: 11 of them are commercial banks and three are speci...
Taxation in Cyprus
The rate of Capital Gains Tax (CGT) is 20% on the sale of property located in Cyprus. Profits from the sale of shares owned by a company that owns property in Cyprus are also taxed at 20%. CGT is calculated by deducting the cost of purchasing the property (1st January 1980 is the set date) from the sale price and then adding on the effect of the retail price index to the date ...
Cypriot customs and traditions
Cypriots are known for their generosity, friendliness and hospitality and foreigners will love the warm welcome. You will often hear 'Kalos orisate' (Welcome!) and 'Kopiaste’ (Come join us!). Hospitality If you are invited to someone’s home, you will be surely treated like royalty. There’s loads of food and coffee and besides that you are normally not allowe...
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