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A new commission has been established, comprising of delegates from Invest Cyprus, The Ministry of Finance, Ministry of Education and Culture and the Cyprus Tourism Organization. This so-called Cyprus Film Commission examines proposals by producers for aid based on the economic and cultural benefits for the Republic of Cyprus. Several incentives have been introduced, encouraging...
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In light of the United Kingdom exiting the European Union on the 29th March 2019, the Civil Registration and Migration Department has published announcements for British nationals and their family members urging them to convert/acquire (their) residence status within the Republic of Cyprus. British nationals who have been granted an Immigration Permit according to the...
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The Schengen Agreement was adopted in order to, amongst others, enhance the free movement of persons. Citizens can cross internal borders of the Schengen Area without being subject to checks. Below you my find a few facts in respect of the Schengen Area and Cyprus: Cyprus is not a part of the Schengen Area and...
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When renting out your property, with or without furniture, a risk is taken that upon termination of such tenancy the property and/or the fixtures/fittings/furniture are not returned with only the normal “wear and tear” deterioration. However, how do you “prove” that the property and/or the furniture was in a much better state before the tenancy...
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On the 3rd of September 2015 the House of Representatives passed the Immovable Property (Transfer and Mortgage Law 9/1965, as amended (139(I)/2015). Simultaneously the Immovable Property (Transfer and Mortgage) (Protection of Buyers) Regulations (Regulatory Administrative Act KPD 298/2015) of 2015 were adopted. This new law assists purchasers, who have fulfilled their obligations under the contract...
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