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Beginning May 1, Greece will double its minimum investment amount for Golden Visas
Greece's decision to raise the minimum amount of investment for the Golden Visa Program will take effect on May 1 of this year. This...
Mar 30, 20232 min read
Cyprus consul talks with Bahraini ministers to strengthen cooperation in the energy and tourism
According to a Friday notice, Cyprus Consul Christos Poullaides met with Bahraini Ministers to discuss bilateral cooperation in the...
Mar 27, 20231 min read
Cyprus pitches its case for investment to Middle Eastern corporations
The national investment promotion agency, Invest Cyprus, announced on Wednesday that it recently hosted two successful events in Amman...
Mar 23, 20232 min read
After reports of abuse, Cyprus discontinues its online appointment platform
After accusations that agents were buying up appointment times and selling them individually for €200, Cyprus authorities shut down an...
Mar 22, 20232 min read
In January of 2023, Cyprus' trade deficit reached a record high of €1.39 billion
According to preliminary data from the Cyprus Statistical Service (Cystat), Cyprus's trade deficit widened significantly in January 2023,...
Mar 15, 20232 min read
Cyprus has the potential to become a global tourism and entertainment destination
Melco Cyprus is fully aware of the role it can play in assisting the development of the island's tourism industry and will ensure that...
Mar 7, 20232 min read
In January, deposits and loans in the Cypriot banking system dropped
According to a study released this week by the Central Bank of Cyprus, deposits and loans in Cyprus fell net in January 2023. (CBC)....
Mar 6, 20231 min read
Cyprus is one of the top 10 retirement destinations in the world
According to a research released on Wednesday by one of the UK's major life insurance brokers, Reassured, Cyprus is among the top ten...
Mar 3, 20232 min read
EU extends deadline for amending property taxation
On Monday, lawmakers revisited the issue of decreased VAT on properties, with some attempting to instill a feeling of urgency as the...
Feb 23, 20233 min read
An Israeli sports technology firm has expanded to Cyprus
The choice of i-BrainTech is considered as a statement of confidence in Cyprus. The Israeli sports technology business i-BrainTech, a...
Feb 15, 20233 min read
Frequently Asked Questions on the Transfer Pricing Documentation Rules published
On 10 February 2023, the Cyprus Tax Department (CTD) added a new section to its website titled "Frequently Asked Questions" (FAQs)...
Feb 14, 20233 min read
Cyprus's economy is anticipated to slow down in the face of tough external conditions
According to the European Commission's preliminary winter economic forecasts for 2023, delivered by Economy Commissioner Paolo Gentiloni...
Feb 14, 20234 min read
Greece will begin accepting Schengen visa applications in Libya's Benghazi
The Greek consulate in the Libyan city of Benghazi will begin accepting Schengen visa applications on February 12, according to...
Feb 13, 20232 min read
Limassol port is on its way to become a regional hub; 200 cruise ships are expected
DP World Limassol, the port management company, reported on Wednesday that it had one of its finest years since taking over as operator...
Feb 9, 20231 min read
Cyprus's loan rates are still rising.
In December 2022, Cyprus' lending rates increased once more, and deposit rates increased as well with the ECB's normalization of key...
Feb 3, 20231 min read
Cyprus's banking sector solvency index has reached 21.2%
The overall solvency ratio of the Cypriot banking industry was 21.2 percent at the end of September 2022, the highest level since data...
Feb 2, 20232 min read
EU Funding For Infrastructure Upgrades In Four Greek Ports
EU funding has been secured for the implementation of important infrastructure enhancements at four Greek ports. According to AMNA, a...
Jan 31, 20232 min read
New Rules & Changes for the Greece Golden Visa
Greek Golden Visa applicants can qualify for a minimum real estate investment of at least €250,000, among other investment options,...
Jan 31, 20233 min read
Cypriot tech company automates the process of making investment decisions
AIRR, which specializes in solutions to automate the process of making investment decisions, was founded in Cyprus in 2019. The...
Jan 30, 20232 min read
Due to undeveloped plots, Limassol could have 8,000 more apartments.
According to a survey by Cypriot fintech Ask WiRE, the city of Limassol might have an additional 8,000 apartments given the large...
Jan 27, 20232 min read
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