A Eurojust-Europol coordinated operation involving Germany, Bulgaria, Cyprus, the Netherlands, and Ukraine has taken down a major fraudulent online German investment platform that defrauded victims of millions. According to a statement by
Notwithstanding our 42 years of operation in the real estate market in this country, we are still learning from the wrongdoings and bad mentality that we all seem to share. We got
Interior Minister Nicos Nouris urged land development companies to avoid advertisements that connect real estate to gaining Cypriot citizenship or residency. He said acquiring a European passport should only occur when the
In H1 2021, the Assets Under Management (AUM) of Collective Investments reached €10.7 bln, a record high translating into a 9% quarter on quarter increase. The Cyprus Investment Funds Association welcomed “this
In the first quarter, assets under management of Collective Investments (UCIs) reached €9.8 bln, the highest historical level to date, recording a significant quarterly increase of 14%, according to Cyprus Securities and
While uncertainties remain, the Cyprus property market will continue to strengthen, with once-neglected Larnaca appearing as the most attractive town for investments in real estate. An industry survey carried out by Danos/BNPRE
A total of 88 UK firms have been granted temporary permission to provide investment services in Cyprus, under the Temporary Permissions Regime (TPR), the Securities and Exchange Commission said. The TPR, launched
By Niki Tsivitanou After 2015, many properties passed into bank ownership, mainly through debt-to-asset swaps or foreclosures. Subsequently, some were acquired by credit acquiring companies, and, in the near future, more are
Leaving behind one’s country for economic or professional reasons is very tough on the immigrant, friends, and family, causing many heartaches all around. Since independence in 1960, Cyprus has “exported” many immigrants
The time is ripe, at least for an initial review, for the creation of small-scale real estate investment funds in Cyprus, based on the following: Prices have reached rock bottom for suitable
