Archive for Category: Licenses & Permits

What is the Government Mitigating the New VAT Charges on Land sales in Cyprus?

The EU is putting pressure on the Cyprus government to introduce VAT (currently at 19%) on all building and development land sales in Cyprus, or be liable to face hefty fines from the European Commission unless it implements the EU VAT Directive of 2006 into national law. Experts have...

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Employer’s Obligations in Cyprus: Who is Covered?

Employers in Cyprus have an obligation to their employees, applicable to the terms and conditions as specified in the relevant contractual agreement. In the event of any disagreements arising, the Department of Labour will offer support and protection in case of any breach of contract by the employer. However,...

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Property Buyers in Cyprus Waiting for Title Deeds After Court Suspends Aid

The Cyprus land registry has released its decision to suspend procedures regarding the “trapped buyers” problem that has rendered buyers of properties on the island unable to claim title deeds of the land even after rightfully purchasing the property. The legislation was designed to help these buyers obtain the...

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Issuing Cyprus Residency Permits for Foreign Nationals

We can assist in the application for a Cyprus Residency Permit for Foreign Nationals and looking for work in Cyprus. Our services extend to companies such as setting up a business and employing foreign nationals in Cyprus. The Cyprus Residence Permit is colloquially referred to as the yellow slip,...

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How to Purchase a Property in Cyprus (a Step-by-Step Guide)

The slow paced Mediterranean lifestyle, ideal climate and convenient location make the Republic of Cyprus a popular island for purchasing property; from young families to retirees. Whether you are looking to permanently relocate, or purchase an additional holiday home, Eltoma Property can assist you with the entire procedure. Read...

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How to Make a Successful Application to Cyprus Courts for Restraining the Sale of Property

Cyprus legislation provides equitable remedies for protecting parties who are involved with a dispute regarding the purchasing of land or immovable property. The remedy is in the form of an injunction that restrains the sale or disposal of the land or property to give time for legal proceedings to...

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