Archive for Category: Cyprus Legislation

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Business & Shop Owners in Cyprus: Right to Peaceful Enjoyment of Premises

 As per the relevant Contract Law in Cyprus, a business tenant leasing a premises under contract or statute, has the right to “peaceful enjoyment and unobstructed use of the property” without any interference by the landlord, regardless of the type of tenancy agreement or kind of business or store...

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Cyprus Government Look to Amend AIF Legislation to Attract Foreign Investment

The Cyprus House finance committee discussed a bill submitted by the government designed to attract foreign investment into the housing market on the island. There have been recent plans to clarify and streamline regulations regarding AIFs (Alternative Investment Funds) which in turn harbour a more competitive environment. The bill...

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Cyprus Property Law: Why Are Some Homeowners Charged Transfer Fees & Some Aren’t?

Cyprus MPs have released plans to draft a bill aiming to remove bias within the Cyprus courts whereby some purchasers of real estate within the Republic are subject to property transfer fees while others seem to be exempt. The reasoning for the convoluted laws is due to VAT payment,...

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Which European Countries are Offering Citizenship for Investment?

The passport-via-investment market first came into existence in the 80's, when the exotic islands of St Kitts & Nevis first decided to bring additional foreign investment into the country in return for passports. Countries across the world copied the concept with their own schemes to provide foreign investors with...

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