Building permits decline in Q1

Building permits issued in the first three months to March declined by an annual 6.9%, but the total construction area and property value rose. According to the latest data by the Cyprus

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Cyprus reforms residence permits

Changes have been made to the government granting immigration permits to non-EU nationals, improving the self-employed procedure but raising the bar for newcomer retirees. On 27 May, the Cabinet approved amendments to

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Planning permission needs re-think

Due to the reform and restructuring of municipalities and local authorities, there is great debate on which should be the competent authority for issuing building and planning permits. This subject ought to

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Building permits declined 15.5% in October

Construction activity declined in October with approved building permits dropping 15.5% to 583 from 690 in the previous month of 2020, although Nicosia and Famagusta districts made gains. According to official data

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