Once a new Cyprus property is purchased the purchasers can apply for a reduced Vat rate of 5% instead of the current rate of 19% under certain conditions and requirements: The reduced VAT of 5% only applies to: Individuals, not Companies The Cyprus Property must be the applicant’s exclusive main Residence in Cyprus and must […]
Cyprus is one of the most attractive islands worldwide. The amazing awarded beaches, the panoramic mountain of Troodos, the cosy small villages and the developed cities turned the island into one of the biggest tourist destinations. For tourists who love the beach, Protaras is one of the most famous destinations. The crystal waters and the […]
In order for your Cyprus Lawyer to be able to legally represent you in relation to your Cyprus Property / Cyprus Investment, you need to legally appoint a lawyer in Cyprus with a power of attorney. A power of attorney is a legal document which states what you authorize your Cyprus Lawyer to do on […]
G.Kouzalis LLC notes that through naturalisation by exception, Cyprus offers a very attractive Investment Scheme for obtaining Cyprus Citizenship. The investment could be in Cyprus properties, participation in Alternative Investment Funds and Registered Alternative Investment Funds and participation in Cyprus companies. An investor who invests in properties has the right to apply for his Cyprus […]
Once you have registered your company in Cyprus it is important that you engage the appropriate companies/individuals and complete the appropriate registrations required to be able to legally operate your company in Cyprus. If you are interested in registering a company in Cyprus your lawyer in Cyprus can assist you in arranging the registration. They […]
When you decide to invest in a Cyprus property or sell your property in Cyprus you do not need to be in Cyprus to sign all the Purchase and/or sale documents needed. A power of attorney can be prepared with all the legal points needed and your representative can be whoever you like. If you […]
G.Kouzalis LLC notes that Lefkara is one of the cosiest villages in Cyprus. Located in the outskirts of Larnaca District, is considered as an agrotourism destination. Cyprus properties in Lefkara have their traditional type and reminds us of the old years in Cyprus. The small roads, the mountain views, the beautiful churches, the panoramic views […]
Once you have purchased your Cyprus Property, if you decide to relocate to Cyprus, you may be interested in learning Greek, especially if you have young children who will be going to the local schools or you are moving to a village Area. Whilst the majority of people speak English, Learning Greek can be beneficial […]
As part of the Cyprus Central Bank regulations for all money which is received into a Cyprus Bank {either for the purchase of a Cyprus Property, investment or company registration fees}, there are several documents and procedures which must be performed and received in order to determine if the funds are from a reputable source. […]
G.Kouzalis LLC notes that According to the Anti-Money Laundering regulations, any person who will send money into a Cyprus bank account should provide clear evidence as per his details, his background and most importantly the sources of his income. For example, a Purchaser who will send money to purchase a Cyprus property has to also […]