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After seven long years of house price falls, Cyprus’ housing market is now showing some improvement, amidst recovering economy. House price falls are now decelerating. Property transactions are rising. Residential construction activity is also increasing. These developments follow the 2015 passage of a “Trapped Buyers Law” to enable access to title deeds, a 2014 regulatory...
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Citizenship by Investment in Cyprus New attractive legislation is in place which makes obtaining the Cyprus/EU Citizenship even easier. The relevant scheme grants approvals within 3-4 months. Compared to the previous scheme, thresholds are considerably lower (reduced to €2mln from €5mln), in addition to a more inclusive set of criteria. Investors do not need to...
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