Cyprus Gives Tax Breaks to Expat Home Buyers
Kelvin Kingsley moved last year from Britain to Cyprus, where he bought a four-bedroom, four-bathroom property outside of Paphos for €410,000, or about $450,000. He is spending around $165,000 to add a hot tub, a pneumatic elevator that travels to all four floors, an additional room and other amenities to “just get it how I want it,” said Mr. Kingsley, a 5...
Cyprus - The facts
It is our great pleasure to showcase the beautiful island of Cyprus, sitting at the crossroads of three continents; Europe, Asia and Africa. The intense Mediterranean climate of Cyprus enjoys balmy summers, fantastic sea temperatures with year round swimming and some of the warmest winter temperatures in Europe. Cyprus boasts some of Europe’s finest Bl...
Obtaining a reduced VAT rate towards immovable property
Reduced VAT rate is granted when the following requirements are fulfilled:
A customer shall be an individual (not a company), 18 years of age and over.
The purchased property shall be the applicant’s main place of residence in the Republic of Cyprus.
The applicant shall have no other immovable property in Cyprus purchased previously at the reduced VAT rate.
The legal system in Cyprus concentrates extensively in offering legal services in the areas of corporate law, real estate law, company registrations, tax law, trusts and business law and now an increasing demand for immigration law. Due to Cyprus offering a very attractive international tax system there many investments made in the island and...
Tax & Foreign Pensions
Cyprus is located at the crossroad of Europe, Asia and Africa and is an excellent location for the worldwide multinational corporations. As of 1st of May 2004 is a member of the European Union. Cyprus, a Former British Colony follows the common Law system and the UK legal system has an immense influence on the island.
Following the country’s accession to the European Uni...
Our Team will assist you with your Cyprus Company Incorporation / Formation to enable you to enjoy Cyprus Tax benefits straight away. Available is also a Shelf Companies list with ready-made companies from all major jurisdictions. PRICES VARY FROM 1600€ TO 2000€. Direct from your lawyer in Cyprus.
Please contact us for professional assistance.
Cyprus during the past...
Education for Foreigners in Cyprus
Education In Cyprus
Cyprus can proudly boast that it has one of the most highly educated populations within the European Union.
Citizens of all nationalities relocating to Cyprus that have children of school age have a few options available to them but can be broadly divided into two tiers:
Public State Education (Free)
Private Sector Education (Fee Paying)
Kamares Village Resales
The developer Leptos Estates has created one of the most exclusive developments in Cyprus that is amongst the most distinctive in the Eastern Mediterranean, Leptos Kamares Village. This project is characterised by its delicate stone arches and superb location with breathtaking views of the countryside and Paphos’ coastline. As a location it provides some of the best vista...
Golf Properties In Cyprus
Cyprus as a golf Destination?
Traditionally Cyprus has never been seen as a golfing destination but over the last 6-7 years the south west end of the Island has flourished with an array of beautiful courses offering exceptional 5 start facilities.
It is actively promoting golf courses because tourism is vitally important to this delightful Mediterranean island, and it recogni...
Revision of the criteria for granting an Immigration Permit within the scope of the new, expedited procedure to applicants who are third country nationals and invest in Cyprus
1. Legal Framework
1.1. In pursuance of the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the Min...