Demand for residential complexes in Cyprus necessitate a growing need for desirable management. This applies to properties owned by individuals as well as those managed by real estate developers. At the same time, community living in apartment complexes is becoming more like living in a gated community, where residents enjoy privacy and some semblance of security. The...
The Cyprus Government has recently announced the “Renovate-Rent” scheme—an initiative aimed at addressing the growing need for affordable rental housing while revitalizing unused residential properties. The plan’s strategic approach is to encourage property owners to renovate vacant homes and lease them at accessible rates, with the added benefit of significant...
General Overview of Cryptocurrency Taxation Cryptocurrency taxation in Cyprus depends on how digital assets are used, whether for personal investment or business purposes. The tax treatment varies based on the frequency and nature of transactions. Taxation for Individuals In Cyprus, crypto-related gains are generally treated as income, but different rules apply...
The Cyprus government is stepping up efforts to make housing more accessible and prevent prices from spiraling out of control. A series of new initiatives aim to increase the supply of affordable homes and create a more balanced property market. Speaking at the annual Real Estate and Construction Conference on March 20 2025, Interior Minister Constantinos Ioannou laid...
Cyprus has established itself as a premier destination for international investment, largely due to its highly favorable tax system which is considered to be one of the most attractive tax regimes within the European Union A key component of the advantages offered by the tax framework is the country’s extensive network of Double Taxation Treaties (DTTs). Cyprus has...
Ένας πολύ σημαντικός φόρος που επηρεάζει σημαντικά την απόφαση πώλησης ενός ακινήτου, είναι ο Φόρος Κεφαλαιουχικών Κερδών. Τί σημαίνει όμως ακριβώς αυτός ο όρος; Ο Φόρος Κεφαλαιουχικών Κερδών είναι...
A significant tax that greatly impacts the decision to sell a property is the Capital Gains Tax (CGT). But what exactly does this term mean? The Capital Gains Tax is a specific tax applied to the sale or transfer of immovable property (house, apartment, land, etc.) located within the Republic of Cyprus. A prerequisite is that there must be a profit from the sale of the...
Το υπουργείο εσωτερικών έχει ανακοινώσει την έναρξη υποβολής αιτήσεων για το νέο στεγαστικό σχέδιο επιδοτήσεων, που απευθύνεται σε νεαρά ζευγάρια, νέους και μονογονεϊκές οικογένειες έως 41 ετών. Η...
Cyprus permanent residency is a legal status that can be given to all qualifying citizens even if they do not come from an EU member state. The word permanent is not misleading and when this status is achieved, it is valid for a lifetime provided that all necessary documents are submitted. How to get Cyprus Permanent Residency To obtain the permanent residency, the...
Νέο σχέδιο έχει εξαγγείλει η κυβέρνηση το οποίο είναι ήδη σε ισχύ. Ποιοί είναι οι δικαιούχοι Το σχέδιο αφορά αποκλειστικά όσους είχαν συνάψει δάνειο για την περίοδο 01/01/2022 μέχρι 31/12/2023 για πρώτη...
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