Cyprus – Vehicle Maintenance, Repairs, and Breakdown Recovery

Cyprus, an island country in the eastern Mediterranean, is a popular tourist destination known for its stunning beaches and historic sites. In this article, we will explore the rules and regulations regarding vehicle maintenance, repairs, and breakdown recovery in Cyprus. We will also look at the general standard of vehicle maintenance and repair and the … Read more

Cyprus – Taxation

Cyprus is a European island country with a favorable tax system for both individuals and companies. The taxation system in Cyprus is relatively simple, with a worldwide income tax system that applies to both residents and non-residents. In this article, we will examine how the taxation system works in Cyprus, double taxation agreements, the main … Read more

Cyprus – Self-Employment

Cyprus is a small island country in the Mediterranean known for its favorable tax policies and business-friendly environment. The country offers opportunities for self-employment and entrepreneurship for expats who are interested in starting a business or working for themselves. In this article, we will discuss self-employment and start-ups in Cyprus, including how it works for … Read more

Cyprus – Retail and Consumer Issues

Cyprus is a popular tourist destination in the Mediterranean, and as such, it has a thriving retail industry. From local markets and shops to international brands, there is something for everyone. In this article, we will explore retail and consumer issues in Cyprus, including typical opening hours, major supermarkets, online shopping, expat-specific shops, and consumer … Read more

Cyprus – Residency

Cyprus offers several residency programs for foreign nationals looking to relocate to the country. These residency programs include permanent and temporary residency, as well as programs for investors, entrepreneurs, and students. Permanent Residency in Cyprus Permanent residency is available for individuals who intend to live in Cyprus for an indefinite period. Permanent residency allows an … Read more

Cyprus – Property Rental Prices

Exploring Typical Rental Prices in Expatriate-Friendly Areas of Cyprus Cyprus, with its stunning Mediterranean coastline, rich history, and favorable climate, has become a sought-after destination for expatriates seeking a new home in a picturesque setting. Understanding the rental market in Cyprus is crucial for those considering a move to this island nation. In this article, … Read more

Cyprus – Rail Travel

Cyprus does not have any active passenger or freight railway services. There is no comprehensive railway network for transportation within the island. The historical railway system that once existed during the British colonial period has been dismantled, and there are only a few preserved railway sections and museums for historical and tourist purposes. Cyprus primarily … Read more

Cyprus – Property Taxes

Property tax in Cyprus is based on the value of the property and is typically paid annually. The tax rate ranges from 0.1% to 0.5% depending on the location and type of property. Capital Gains Tax (CGT) When selling a property in Cyprus, the seller is subject to CGT. The tax rate is 20% on … Read more

Cyprus – Property Letting

Understanding the Letting Process in Cyprus Cyprus, with its beautiful Mediterranean landscapes and growing tourism sector, offers opportunities for property owners to engage in property letting. If you’re considering letting a property in Cyprus, it’s essential to have a comprehensive understanding of the letting process, covering aspects such as generating income, rules and regulations, property … Read more