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Buying a property in Cyprus
Once you have the property you want to purchase we recommend that no money changes hands until you have met with a lawyer. LAWYER We will introduce you to English speaking INDEPENDENT lawyer if you do not already have a lawyer. The lawyer will...
Title Deeds and Transfer Fees
If the house is a resale then the title deed of the acquired property can be transferred immediately, if the agreement is signed and full payment has taken place. Purchasers of a property under construction, or just completed or part of a project mus...
Banking And Financing
The banking system and regulations in Cyprus are of a European standard. The banks have many branches throughout the island, which are efficient, well equipped with the latest technology. Non-Cypriot citizens may open foreign currency and local depo...
Cyprus is the 3rd largest island of the eastern Mediterranean, attracting 2.4 million tourists annually. Situated south of Turkey and west of Syria, Lebanon and Israel, east of Greece and Europe, it is in a strategic location and has attracted ...
Cyprus has a long-standing cultural tradition. Name days (the saint's day whose name coincides with that of the person concerned), weddings and funerals all have great significance. After the church or civil ceremony an important part of ...
Polis is the area of Cyprus about 10 miles north of Paphos to the coast north of that point. Polis area is still a relatively unspoilt part of Cyprus. It still retains a more relaxed way of life. It is within the Paphos District, but is very dif...
The banking system in Cyprus
The banking system in Cyprus is based on the British system, and it shares many of the UK's banking practices, services, and management and control practices. The banking system in the nation is governed, watched over, and monitored by the Central Ba...
An overview of Cyprus's taxation system
Whether you're a resident or a non-resident, taxation, which includes income tax, immovable property tax, capital gains tax, inheritance tax, and value added tax, is an important factor to take into account when purchasing a home in Cyprus. You must ...
How to receive and transfer money in Cyprus
All prior exchange control restrictions have been removed as a result of EU membership, and there are no longer any limitations on importing or exporting funds in any currency, though you must declare large amounts. No longer must you provide eviden...
Cyprus is one of the healthiest countries in the Mediterranean
According to the World Health Organization, Cyprus is one of the healthiest countries in the Mediterranean. Since gaining independence from Britain in 1960, the government has prioritized health and preventative medicine, resulting in high-quality he...
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