Legal obstacles on the process of the Cyprus passports revocation
The process of revoking Cyprus passports from 26 rich foreign investors and family members from outside the EU appears to be more difficult than anticipated. The decision was taken by the Council of Ministers back in November, however, no proceedings have been initiated yet because the process is legally stuck. Specifically, articles of the Republic’s […]
Post coronavirus era : House prices set to fall, rents prices to rise
The coronavirus has produced many negative effects on the Cyprus economy and by projection to the real estate market. The precautionary measures taken by the government to reduce the effects of the virus also hope to protect the economy as well, which has only started to revive. The foundation of the Cyprus economy is tourism, […]
Περί ενοικιάσεων και μειώσεων-Μύθοι και αλήθειες
Μεγάλη συζήτηση γίνεται τις τελευταίες μέρες αναφορικά με την πιθανή μείωση των ενοικίων και προς τον σκοπό αυτό θα επιδιώξουμε να παραθέσουμε όλα τα δεδομένα, έτσι ώστε να αποτρέψουμε την παραπληροφόρηση αλλά και τους διάφορους καλοθελητές οι οποίοι δεν λένε όλη την αλήθεια στους ενδιαφερόμενους. Η Βουλή των Αντιπρόσωπων ψήφισε τον “περί Φορολογίας του Εισοδήματος(Τροποποιητικό)Νόμο” […]
Litigation and Dispute Resolution Options in Cyprus
When disputes arise, understanding your options for resolution is crucial. Cyprus offers various mechanisms ranging from negotiation and mediation to formal court proceedings. Mediation has become increasingly popular in Cyprus as a cost-effective and confidential way to resolve disputes. Trained mediators help parties reach mutually acceptable solutions without the need for court intervention. Arbitration is […]