About flights from September 1 to Cyprus
All 3 countries are included in category C and their transfer by the Ministry of Health of Cyprus to group A or B directly depends on the epidemiological situation. According to WHO recommendations, the number of cases in these countries should not exceed one person per 100,000 per day. All contacts of the infected are carefully tracked.
On amendments to the investment program in Cyprus
Amendments to the investment program obtaining Cypriot citizenship. The list of persons who can apply for a Cyprus passport has been expanded. The European Union is fighting money laundering and advocating full capital transparency. Thanks to the amendments, the Cypriot government plans to attract more foreign investors to the island.
On the new investment law in Cyprus
More than 25 large-scale projects worth 7 billion euros will create more than 7 thousand jobs in Cyprus. Building permits for large facilities will be issued within a year if a new investment law is passed. It often takes up to 10 years to approve large projects.
Amendments to the Golden Passport Program in Cyprus
Cyprus has amended its Citizenship for Investment Investment Program. This became known thanks to Henley and Partners, which is an advisor to the governments of many countries on the implementation of "golden passports" programs. Most often, citizens of Russia apply for obtaining a Cyprus passport ...
About buying property in Cyprus by Russians
Sales of houses and apartments in Cyprus have recovered to the level that preceded the severe restrictions on movement due to COVID-19. According to the Department of Registration of Rights and Cadastre of the Republic of Cyprus, 1,296 properties were sold in June 2020. At the same time, distance sales of housing in Cyprus are growing.
On the restoration of the construction sector in Cyprus
The island's construction sector has recovered slightly, according to official figures released today by the Cyprus Statistics Service. In May, it decreased by only 0.1% compared to May 2019. 708 building permits were issued, up from 709 in May 2019.
On the restoration of real estate sales in Cyprus
According to the official information of the Department of Lands, sales of real estate in Cyprus fell by 8% in July compared to July 2019 (896 and 825 registered contracts, respectively). Given the ongoing coronavirus outbreak and 80% drop in April sales and 71% drop in May, the numbers are very encouraging. The number of transactions involving foreign investments is...
About Larnaca Marina
The winner of the tender for the construction of a Larnaca Marina and the modernization of the seaport has been announced. The work will begin in a year and will also include infrastructure development in the Larnaka Marina construction area. The profit from the project will amount to over 120 million euros annually, which will...
About Cyprus Investment Program
On Friday, July 31, 2020, the Parliament of the Republic of Cyprus voted in favor of the revised legislation and regulations Investment program for obtaining a Cypriot citizenship and passport. The new revised legislation is expected to be officially published this week. The investor is no longer allowed to form a land development company...
Issuance of building permits
The authorities of Cyprus are on their way to shorten the terms of issuing architectural and construction licenses. At the same time, the waiting time for construction licenses will be reduced to two to three weeks. With an accelerated process for considering applications for the issuance of construction licenses, companies or individuals who submit their applications in writing will be able to obtain this license within 20 days. Nicos Nouris agreed with the fact that today the review procedure...
LUX Boutique Residence - luxury apartments
LUX Boutique Residence Club House is a private gated complex with its own territory with covered parking spaces for residents and guests of the complex, a designer entrance group with a wooden bridge and a colored fountain. In the construction of the club house, only high-quality materials from leading European manufacturers will be used with the use of heat and noise-insulating components. The modern design of the building, designed by a famous architect in Cyprus...
Start of work for Col-Center for air passengers
We are glad to inform you that from August 1, 2020, passengers arriving in Cyprus can use the services of a call center for air passengers. Let us remind you that in the European part of Cyprus international flights are taken by Larnaca and Paphos airports. Passengers intending to fly to one of these airports can consult the call center hotline operator regarding the current rules for visiting Cyprus. Also, the operators will advise the passenger on the requirements of epidemiologists...
New rules for issuing gold passports of Cyprus
The deputies of the Parliamentary Committee on Internal Affairs decided on a transitional period, in which, according to the Cyprus Investment Program, applications for obtaining Cypriot citizenship by foreign citizens will be considered. At the same time, the deputies made several changes and additions to the new regulations for considering applications for Cypriot citizenship submitted to the parliament of the republic. Everyone remembers the scandal that arose in the fall of 2019, when the European Union demanded...
Director of the construction company Imperio Group Yannis Misirlis
This beautiful island has been and remains an attractive destination for many economically savvy foreign investors who understand the long-term benefits of investment. I often use the term "long-term" because real estate is a long-distance run. - summed up Yannis Misirlis. In confirmation of the words of the head of Imperio Group, now in Cyprus there is a surge in applications for ...
The flow of tourists to Cyprus in June fell by 98% compared to June last year. In the first half of 2020, the number of visitors decreased by 84%. Tourist flow to Cyprus fell by 90%.
On July 23, Aphrodite's Island will open its borders to citizens of 50 countries. Certain categories of tourists will need to provide information on passing a coronavirus infection test. Travelers from 7 countries will be required to comply with the isolation regime. These recommendations were issued by the Ministry of Health of the Republic of Cyprus. Absolutely all countries, according to the Ministry of Health, are divided into 3 groups.
One of the world's giants of the tourism business, the American corporation Hyatt Hotels Corporation, has signed an agreement to build a new hotel of its high-class chain on the island. The Hyatt will be the main component of the Zaria Resort. This is an elite residential complex that includes private villas and residential apartments with an area of over 80 thousand square meters. The Hyatt hotel chain is expanding rapidly in Europe.
The Ministry of Health has published a updated list of countries whose citizens will be able to visit the island. Changes are effective from July 16. Australia moved from A to B, and Serbia moved from B to C. Regardless of the category of countries, all arrivals will need to register within 24 hours prior to arrival on the island an electronic Cyprus Flight Pass questionnaire. The country is now in the third stage of the program...
Sea Caves Pearl Villas was designed by renowned Cypriot architect Andreas Ioannou, who was part of the Limassol Marina design team of architects. The complex consists of only 9 exclusive residences with living areas ranging from 250 to 350 sq.m., located on plots of 10-20 ares. All villas have an open kitchen area, a barbecue area...
Cyprus Department of the Environment has announced the start of construction of cycle and walking paths along the Limassol coast in the Germasogeia and Agios Athanaseos areas. The route will begin near the skyscraper The OVAL Cyprus near the mouth of the Vafkia River, over which a bridge 3 meters wide and 24 meters long will be built. The first phase of construction will end in the Amathus River area in the ...
In Cyprus, from the end of June 2020, a mortgage subsidy project was launched. The government, together with the Ministry of Finance of Cyprus, presented a plan to support borrowers for several credit institutions. The Minister of Finance of the Republic of Cyprus Konstantinos Petridis expressed confidence that subsidizing mortgage interest in Cyprus will help many borrowers in this difficult time. Anyone interested in Cyprus Mortgage Subsidies ...
The largest housing project worth 100 million euros will be implemented in Cyprus in the near future. The Land Development Organization The Republic of Cyprus and the Limassol City Hall have developed a joint program AFFORDABLE HOUSING. Affordable Housing Program is designed in several stages. The start of construction of houses in Cyprus is planned for the end of 2021. Thanks to this program, more than 600 apartments in Cyprus will be built.
About flights from September 1 to Cyprus
All 3 countries are included in category C and their transfer by the Ministry of Health of Cyprus to group A or B directly depends on the epidemiological situation. According to WHO recommendations, the number of cases in these countries should not exceed one person per 100,000 per day. All contacts of the infected are carefully tracked.
On amendments to the investment program in Cyprus
Amendments to the investment program obtaining Cypriot citizenship. The list of persons who can apply for a Cyprus passport has been expanded. The European Union is fighting money laundering and advocating full capital transparency. Thanks to the amendments, the Cypriot government plans to attract more foreign investors to the island.
On the new investment law in Cyprus
More than 25 large-scale projects worth 7 billion euros will create more than 7 thousand jobs in Cyprus. Construction permits for large facilities will be issued within a year if a new investment law is passed. It often takes up to 10 years to approve large projects.
Amendments to the Golden Passport Program in Cyprus
Cyprus has amended its Citizenship for Investment Investment Program. This became known thanks to Henley and Partners, which is an advisor to the governments of many countries on the implementation of "golden passports" programs. Most often, citizens of Russia apply for obtaining a Cyprus passport ...
About buying property in Cyprus by Russians
Sales of houses and apartments in Cyprus have recovered to the level that preceded the severe restrictions on movement due to COVID-19. According to the Department of Registration of Rights and Cadastre of the Republic of Cyprus, 1,296 properties were sold in June 2020. At the same time, distance sales of housing in Cyprus are growing.
On the restoration of the construction sector in Cyprus
The island's construction sector has recovered slightly, according to official figures released today by the Cyprus Statistics Service. In May, it decreased by only 0.1% compared to May 2019. 708 building permits were issued, up from 709 in May 2019.
On the restoration of real estate sales in Cyprus
According to the official information of the Department of Lands, sales of real estate in Cyprus fell by 8% in July compared to July 2019 (896 and 825 registered contracts, respectively). Given the ongoing coronavirus outbreak and 80% drop in April sales and 71% drop in May, the numbers are very encouraging. The number of transactions involving foreign investments is...
About Larnaca Marina
The winner of the tender for the construction of a Larnaca Marina and the modernization of the seaport has been announced. The work will begin in a year and will also include infrastructure development in the Larnaka Marina construction area. The profit from the project will amount to over 120 million euros annually, which will...
About Cyprus Investment Program
On Friday, July 31, 2020, the Parliament of the Republic of Cyprus voted in favor of the revised legislation and regulations Investment program for obtaining a Cypriot citizenship and passport. The new revised legislation is expected to be officially published this week. The investor is no longer allowed to form a land development company...
Issuance of building permits
The authorities of Cyprus are on their way to shorten the terms of issuing architectural and construction licenses. At the same time, the waiting time for construction licenses will be reduced to two to three weeks. With an accelerated process for considering applications for the issuance of construction licenses, companies or individuals who submit their applications in writing will be able to obtain this license within 20 days. Nicos Nouris agreed with the fact that today the review procedure...
LUX Boutique Residence - luxury apartments
LUX Boutique Residence Club House is a private gated complex with its own territory with covered parking spaces for residents and guests of the complex, a designer entrance group with a wooden bridge and a colored fountain. In the construction of the club house, only high-quality materials from leading European manufacturers will be used with the use of heat and noise-insulating components. The modern design of the building, designed by a famous architect in Cyprus...
Start of work for Col-Center for air passengers
We are glad to inform you that from August 1, 2020, passengers arriving in Cyprus can use the services of a call center for air passengers. Let us remind you that in the European part of Cyprus international flights are taken by Larnaca and Paphos airports. Passengers intending to fly to one of these airports can consult the call center hotline operator regarding the current rules for visiting Cyprus. Also, the operators will advise the passenger on the requirements of epidemiologists...
New rules for issuing gold passports of Cyprus
The deputies of the Parliamentary Committee on Internal Affairs decided on a transitional period, in which, according to the Cyprus Investment Program, applications for obtaining Cypriot citizenship by foreign citizens will be considered. At the same time, the deputies made several changes and additions to the new regulations for considering applications for Cypriot citizenship submitted to the parliament of the republic. Everyone remembers the scandal that arose in the fall of 2019, when the European Union demanded...
Director of the construction company Imperio Group Yannis Misirlis
This beautiful island has been and remains an attractive destination for many economically savvy foreign investors who understand the long-term benefits of investment. I often use the term "long-term" because real estate is a long-distance run. - summed up Yannis Misirlis. In confirmation of the words of the head of Imperio Group, now in Cyprus there is a surge in applications for ...
The flow of tourists to Cyprus in June fell by 98% compared to June last year. In the first half of 2020, the number of visitors decreased by 84%. Tourist flow to Cyprus fell by 90%.
On July 23, Aphrodite's Island will open its borders to citizens of 50 countries. Certain categories of tourists will need to provide information on passing a coronavirus infection test. Travelers from 7 countries will be required to comply with the isolation regime. These recommendations were issued by the Ministry of Health of the Republic of Cyprus. Absolutely all countries, according to the Ministry of Health, are divided into 3 groups.
One of the world's giants of the tourism business, the American corporation Hyatt Hotels Corporation, has signed an agreement to build a new hotel of its high-class chain on the island. The Hyatt will be the main component of the Zaria Resort. This is an elite residential complex that includes private villas and residential apartments with an area of over 80 thousand square meters. The Hyatt hotel chain is expanding rapidly in Europe.
The Ministry of Health has published a updated list of countries whose citizens will be able to visit the island. Changes are effective from July 16. Australia moved from A to B, and Serbia moved from B to C. Regardless of the category of countries, all arrivals will need to register within 24 hours prior to arrival on the island an electronic Cyprus Flight Pass questionnaire. The country is now in the third stage of the program...
Sea Caves Pearl Villas was designed by renowned Cypriot architect Andreas Ioannou, who was part of the Limassol Marina design team of architects. The complex consists of only 9 exclusive residences with living areas ranging from 250 to 350 sq.m., located on plots of 10-20 ares. All villas have an open kitchen area, a barbecue area...
Cyprus Department of the Environment has announced the start of construction of cycle and walking paths along the Limassol coast in the Germasogeia and Agios Athanaseos areas. The route will begin near the skyscraper The OVAL Cyprus near the mouth of the Vafkia River, over which a bridge 3 meters wide and 24 meters long will be built. The first phase of construction will end in the Amathus River area in the ...
In Cyprus, from the end of June 2020, a mortgage subsidy project was launched. The government, together with the Ministry of Finance of Cyprus, presented a plan to support borrowers for several credit institutions. The Minister of Finance of the Republic of Cyprus Konstantinos Petridis expressed confidence that subsidizing mortgage interest in Cyprus will help many borrowers in this difficult time. Anyone interested in Cyprus Mortgage Subsidies ...
The largest housing project worth 100 million euros will be implemented in Cyprus in the near future. The Land Development Organization The Republic of Cyprus and the Limassol City Hall have developed a joint program AFFORDABLE HOUSING. Affordable Housing Program is designed in several stages. The start of construction of houses in Cyprus is planned for the end of 2021. Thanks to this program, more than 600 apartments in Cyprus will be built.