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Caribbean countries have increased the cost of citizenship by investment

Caribbean countries have increased the cost of citizenship by investment In the realm of global citizenship, the Caribbean stands as a beacon of opportunity for affluent investors seeking a new home away from home. With the allure of sandy beaches, azure waters, and a promising investment landscape, the Caribbean Citizenship by Investment (CBI) programs have […]

Navigating the Path to Greek Residency in 2024

Navigating the Path to Greek Residency in 2024 As we embark on the year 2024, Greece beckons as a land of promise and allure for those seeking to call it home. With its captivating history, breathtaking landscapes, and vibrant culture, Greece offers a tapestry of opportunities for individuals from around the globe looking to establish […]

Secondary and primary real estate in Cyprus

Secondary and primary real estate in Cyprus When buying real estate in Cyprus, you may face many questions. For example, what real estate is best to buy in Cyprus? What tax will have to be paid when buying a second hand car in Cyprus? Or is it still better to buy real estate in a […]

E-COMMERCE COMPANY IN CYPRUS

E-COMMERCE COMPANY IN CYPRUS E-commerce has long become an integral part of our lives. Thanks to the COVID 19 pandemic, online trading has increased exponentially. What is e-commerce? E-commerce is an area of the digital economy that includes all financial and trade transactions carried out using computer networks, and the business processes associated with such […]

VAT 5% on housing in Cyprus: innovations

VAT 5% on housing in Cyprus: innovations Parliament almost unanimously approved the bill on VAT on primary housing. According to the bill, for the main (first) housing – a house or apartment, which a citizen of the country or a foreigner purchases on the island, a VAT of 5% per 130 square meters will apply. […]

Investor visa: new rules

Investor visa: new rules The new Minister of Interior, Constantinos Ioannou (former Minister of Health), said that the permanent residence investment program requires changes to fill gaps in existing rules. The minimum investment amount has remained unchanged and is 300,000 euros. Investments are possible in real estate or in a company in Cyprus that employs […]

Temporary Tax for 2023 – 1st Instalment

Temporary Tax for 2023 – 1st Instalment Effective Payment Deadline: 31 August 2023 We would like to remind you that the effective payment deadline for the 1st provisional tax instalment for the tax year 2023 is the 31st August 2023 and the submission of the expected income for the year in the Tax Portal and […]

Visitor visa in Cyprus (Pink Slip)

Visitor visa in Cyprus (Pink Slip) The temporary residence permit in Cyprus “Visitor” (so-called Pink Slip) allows citizens of countries outside the European Union to obtain a residence card and reside in Cyprus. The right to work in the presence of such a visa is not provided. A feature of this visa is that under […]

How third country nationals can be employed in Cyprus?

How third country nationals can be employed in Cyprus? Non-EU citizens can be eligible for the employment in Cyprus under the condition that they are employed at a foreign entity. The concept of a foreign entity includes companies where: Non-EU shareholders own the majority of the company’s shares (more than 50%); Foreign direct investment of […]