Cyprus Immigration News
Cyprus: immigration policy, education, living, property and more.
Cyprus Tourist Arrivals Reached 3.6 Million in 2017, Investment Immigration Gains Attention!
Angelos Loizou, Chairman of the Cyprus Tourism Organization (CTO), stated that the number of tourists visiting Cyprus in 2017 exceeded 3.6 million. He emphasized that the surge in tourist numbers has presented greater demands and challenges for the island's tourism industry, particularly in terms of accommodation.
Major News for Investment Immigration! Cyprus to Launch Direct Flights with China
According to relevant reports, Cobalt Air of Cyprus is expected to launch direct flights between China and Cyprus from both Beijing and Shenzhen in early 2018. Once established, Cyprus will become the European country with the shortest flight time from China.
Cyprus Economic Recovery, Rising Housing Prices, Early Investment for Early Profit
The Central Bank of Cyprus indicates that the rate of increase in housing prices, both quarter-on-quarter and year-on-year, as well as its role in other economic indicators, clearly reflects that the Cypriot real estate sector has 'reclaimed its territory'. Coupled with the gradual recovery of the overall economy of Cyprus, confidence in this sector is continually strengthening, creating a promising outlook for more consumer demand.
Cyprus Achieves Three Consecutive Quarters of Economic Growth in 2017: Why Wait to Invest and Immigrate?
According to the latest forecasts from the Statistical Service of Cyprus (Cystat), the Cypriot economy grew by 3.8% year-on-year from July to September, with a quarter-on-quarter growth of 0.9%. A statement published on the website indicated that, after seasonal adjustment, Cyprus's economic output in the third quarter grew by 3.9%, remaining consistent with the second quarter. Investing in real estate in Cyprus, a country with a continuously growing economy, is one of the best choices. As Cyprus...
New VAT Regulations in Cyprus: Act Now for Investment Immigration!
On November 3, 2017, the House of Representatives of Cyprus voted to amend the VAT law: starting from January 2, 2018, the purchase of residential land in Cyprus will be subject to a 19% VAT. Previously, purchasing land in Cyprus only required a transfer fee, with no VAT applicable. (Note: Agricultural land is not subject to this new legislation.)
Mediterranean Seaview Villa, Fulfilling Your Blue Ocean Dream
It is reported that Cyprus saw continuous growth in property sales in 2016, with demand from both domestic and overseas markets gradually increasing. In 2017, Cyprus continued to attract a large number of tourists, visitors, and investors, offering significant investment value. According to recorded data, the most popular property types are safe, convenient, and fully-equipped, first-line coastal properties, as well as luxury apartments within high-end communities…
Cyprus Passport: The Perfect Stepping Stone to Becoming a UK Permanent Resident!
Following the UK's submission of its Brexit application, approximately 3.2 million EU citizens in the UK are concerned about their future. Due to the early general election called by Theresa May and the resulting hung parliament, the UK has made various compromises regarding Brexit. To regain the initiative in Brexit negotiations, Theresa May has proposed allowing EU citizens to remain in the UK after Brexit and obtain UK permanent residency.
Cyprus EU Passport Program May Tighten; Act Now for Investment Immigration!
Since its implementation, the Cyprus Investment Programme has been favored for its simple, convenient, and direct application process. As a member of the European Union, obtaining a Cyprus passport through investment is equivalent to holding a pass that opens doors to the 27 EU member states and beyond. While this immigration policy has brought numerous economic benefits to Cyprus, it has also led to...
Investment Immigration to Cyprus: Unlimited Financial Potential!
November marks the gradual transition into winter, yet the scenery varies from region to region. There is one place, however, that stands out as one of the top vacation destinations favored by Europeans. In November, snow begins to fall on its mountains, and its ski resorts become highly popular with tourists. Beyond skiing, the island offers a wealth of outdoor activities such as fishing, hiking, golf, and water sports, attracting numerous visitors. This place is Cyprus.
Latest Data: Cyprus Tourist Arrivals Increased by 14% in September
According to a Cypriot media report, the number of tourists visiting Cyprus in September this year hit a record high, marking a 14.8% increase compared to the same period in 2016. The total number of visiting tourists even exceeded the entire population of Cyprus.
Immigrating to Cyprus: What You Need to Know About Driving!
To live comfortably and freely in any country, one must understand the local regulations, and investment immigration to Cyprus is no exception. Below, we introduce some important driving considerations for life after immigrating to Cyprus. Let's take a look!
Good News: IMF Raises Economic Growth Forecast for Cyprus!
In a recent statement, the International Monetary Fund (IMF) raised its economic forecasts for Cyprus for this year and next. The report shows that Cyprus's GDP grew by 3.4% this year, with the 2018 GDP estimate adjusted to 2.6%. The report states that the Cypriot economy has achieved a remarkable turnaround, which is undoubtedly great news for investors. A favorable economic and fiscal outlook will extend the investment potential of Cyprus...