Double Tax Treaty between Cyprus and Andorra - Details

As reported before, a Double Tax Treaty (DTT) was signed between Cyprus and Andorra on 18 May 2018...

#Cyprus #Andorra #DTT #DoubleTaxTreaty #OECD #International #Tax #TaxResident

Reward bad borrowers; punish the good #forc #foreclosure #non-performingloans #Cyprus #feature #tax

In a move, which if successfu, will result in rewarding bad borrowers while punishing the good, the Cyprus parliament is expected to vote on proposals granting tax relief to bank debtors by July.

#Cyprus #Antigua #Malta #StKitts #Grenada #Dominica #Citizenship #CitizenshipbyInvestment #Passport #Backup

Take it NOW, when you don't need it. Because when you REALLY need it, the doors will be shut.

Limassol Development Gets Underway
#Limassoldevelopment #Cyprus #overseas #property #investors
https://fly2let.co.uk/limassol-development-gets-underway/

Speeding up issue of Title Deeds #Cyprus #titledeeds #feature #proposals #realestate

The Cyprus government is ready discuss ways to reduce the time taken to issue Title Deeds, which has tarnished the reputation of Cyprus as a safe place to buy property by overseas investors.

#Cyprus property sales up 29% in May

THE NUMBER of property sales contracts deposited at Land Registry offices across the Republic of Cyprus during May 2018 rose 23 per cent compared to May 2017 according to official figures published by the Department of Lands and Surveys.

This follows increases of 29% in April, 23% in March and 46% in February.

During May a total of 828 contracts or the sale of residential and commercial properties and land (building plots and fields) were deposited at Land Registry offices across Cyprus, compared with the 758 deposited in May 2017.

The figures show a continuing improvement in the economic conditions, coupled with government measures (such as the #citizenship by investment scheme). However, the recent decision by the Council of Ministers to limit the number of citizenship applications to 700 a year may result in a fall in sales to non-EU citizens.