A bank waiver will be obtained when a developer has a debt before you invest on his project and or he is unable to pay the debts to a creditor (bank). It is required to request from the said institution to issue a bank waiver in accordance to which the banking institution will waive the […]
The Cyprus News Agency asked Ylva Johansson, European Commissioner, whilst presenting the package to strengthen the area of free movement in the EU, “Is Cyprus ready to enter the Schengen Area?” and her response to the question was “Cyprus is not yet ready.” Ylva pointed out, “Cyprus is not yet able to be assessed and […]
On 14/4/21, two significant amending laws of the Immovable Property (Tenure, Registration, and Valuation) Chapter 224 of the Laws (Law Ν. 54(Ι)/2021), and of Streets and Buildings Regulation Law Chapter 96 of the Laws (Law Ν. 53(Ι)/2021), were published in the official gazette of the Republic of Cyprus, and thus came in force. Both amending […]
I have bought my Cyprus property and now I need to pay the community taxes. How do I pay community taxes in Cyprus? There are local authority taxes to pay which is for community services such as annually refuge collection, street lighting, annually Municipality taxes at property value and annually Sewerage tax at property value. […]
If you wonder about your next traveling destination, then we propose you Toulouse! But, why should I visit Toulouse? Well, Toulouse, the fourth-largest city in France, situated in the south west of the country and capital of the department of Haute-Garonne and of the region of Occitanie, has many reasons to convince you setting her […]
Any plans of assistance for the enterprises in the manufacturing sector in Cyprus? Small-medium enterprises can now count on the Ministry of Energy, Commerce and Industry! You can now submit your application under the Grant Scheme to Enhance the Competitiveness between Small and Medium Enterprises in the Manufacturing Sector, which is included in the Program […]
Short overview of the case The judgment in the case of Rantsev became a landmark for human trafficking in many aspects in Cyprus. In the case of Rantsev, the applicant was the father of a Russian girl, Oxana Rantseva, who had reached Cyprus on 5 March 2001 on an “artiste” visa. This kind of document […]
Preamble The purpose of limitation period of actionable rights is to serve as a defense from claims, actionable rights of which should have been brought in court earlier. The need for such defense is based on two considerations: 1) The presumption that a right not excercised for a long time is not existent, hence Vigilantibus […]
The recruitment procedure of employee is important because the larger the number of candidates, the more selective the employer can be. The process followed by companies to locate and attract suitable people (both from the companies themselves and mainly outside them) with the end result of filling vacancies. Main scope of the procedure are: 1) […]
(FAST TRACK PROCEDURE) As per the latest changes in 6.2 regulation, which was published on 24/03/2021 G. KOUZALIS LLC advices that for Non Europeans Citizens who are interested in applying for a Cyprus permanent residency under the fast track scheme the criterion of the €30,000 blocked funds in a Cypriot banking institution for the period […]