Κατακόρυφη αύξηση των τροχαίων παραβάσεων στην Κύπρο σημειώνεται από τις αρχές του έτους όταν τέθηκε σε εφαρμογή το σύστημα φωτοεπισήμανσης με την χρήση κινητών τροχαίων καμερών στους δρόμους της Κύπρου. Ακόμη πιο πολλές κάμερες σταθερές και κινητές, έρχονται να προστεθούν στους δρόμους μέχρι το τέλος του 2022. Τι πρέπει να γνωρίζετε στην περίπτωση που ειδοποιηθείτε…
Sharp increase of traffic offences in Cyprus has been noted since the beginning of the year when the photo-marking system using mobile traffic cameras was implemented on the roads of Cyprus. Even more cameras, fixed and mobile, will be added to the roads by the end of 2022. What should you be aware of in…
Η Κυπριακή νομοθεσία ρυθμίζει εκτενώς δια μέσου σχετικών νομοθετημάτων και κανονισμών την διαδικασία που πρέπει να ακολουθηθεί σε περίπτωση που ένας άνθρωπος αποβιώσει χωρίς διαθήκη και έχει την κατοικία του εντός της Κυπριακής Δημοκρατίας ή στην περίπτωση που ένας άνθρωπος αποβιώσει εκτός Κύπρου χωρίς διαθήκη, ωστόσο, κατά την ημέρα του θανάτου του είχε ακίνητη περιουσία…
Cypriot legislation regulates extensively through relevant laws and regulations the procedure to be followed in case a person dies without a will and is domiciled in the Republic of Cyprus or in case a person dies outside Cyprus without a will, but on the day of his/her death he/she had immovable property located in the…
The Convention on the Recognition and Enforcement of Foreign Arbitral Awards, also known as the “New York Arbitration Convention” or the “New York Convention”, is one of the key instruments in international arbitration. The Republic of Cyprus is part of the convention along with 168 other states and proceeded with the transfer of the Convention…
A practical guide prepared by Y. Vasiliou & Co LLC for the process of buying a property in Cyprus. Buying a property in Cyprus is a process that is easy and fast. Below we mention all important points that you should be aware when buying a property in Cyprus. The legal framework Cyprus legal…
For the last years, Cyprus, which is an EU Member State, is one of Europe’s largest financial and Forex trading hubs. Cyprus Securities and Exchange Commission (CySEC) issued its very first Forex Brokerage license in 1988 and since then Cyprus has seen a huge increase in Forex Firms taking up residence, with over 40 now domiciled…
For many years Cyprus has been a popular destination for Lebanese investors who are seeking to pursue business opportunities and/or set up a second home for their families due to the geographical and cultural proximity of Lebanon and Cyprus, as well as the island’s popularity as a close-to home safe getaway. Due to the constant…
Cyprus Permanent Residency Permit (Fast Track): New amendments were announced on the 26th of March, 2021 by the Cyprus Government. The minimum investment amount remains the same 300,000 Euro + VAT (if applicable), but new investment options are now available. The investors are now provided with the option to invest not only in new residential…
The Non-Habitual Residence (NHR) Programme The Portuguese NHR program was recently (2020) updated in an effort to starch foreigners to Portugal. Successful applicants of NHR can be enjoy decreased income tax on particular foreign income for 10 years. Eligibility for the NHR requires that applicants: * Are existing taxpayers but have not been tax residents…