News
Why Living in Cyprus? An appealing relocation destination
Cyprus offers a unique blend of Mediterranean charm, modern infrastructure, and a high quality of life that appeals to Expats, Families, Retirees, and Professionals alike. The country combines the relaxed lifestyle of island living with a dynamic economy driven by...
Why Doing Business in Cyprus? A Financial & Tech Hub
Cyprus has emerged as a well-established and expanding Financial and Tech hub within the European Union, offering a strategic gateway to over 500 million EU consumers and close access to the MENA (Middle East and North Africa) region. Hosting numerous leading...
When is VAT imposed on Rents in Cyprus?
The rental income from immovable property in Cyprus is generally exempt from Value Added Tax (VAT). However, there are important exceptions to this rule that landlords—whether individuals or companies—should be aware of. Understanding when VAT applies is crucial to...
Court of Appeal Ruling on Trapped Buyers-“A Major Setback for Property Owners” & “An Attempt to Restart”
On 20/06/2024, a landmark ruling by the Cyprus Court of Appeal in Civil Appeal No. 285/2018 has struck a significant blow to thousands of so-called “trapped buyers”—individuals who, despite having paid in full for their properties, have been unable to obtain their...
Why Register Your Self-Service Accommodation Property (short term leases) in Cyprus?
As Cyprus continues to grow as a year-round tourist destination, many property owners are turning to short-term leases as a way to generate income. Whether it’s a holiday apartment, villa, or Airbnb or Booking.com-style listing, operating a self-service accommodation...
Why Cyprus? Cyprus at a Glance
Why Cyprus? The Center of Everything Located at the crossroads of Europe, the Middle East and North Africa, Cyprus has evolved into a key center for financial services, shipping, and technology, while also emerging as a leading destination for venture capital...