Cyprus had the lowest suicide mortality rate in the European Union: 2.7 cases per 100,000 inhabitants. This is according to data published by Eurostat on the occasion of World Suicide Prevention Day on September 10. Statistics refer to 2021. During this period, 47,346 deaths due to suicide were recorded in the European Union. This corresponds to 0.9% of all deaths for the year or an average of 10.2...
In July 2024, 551,229 tourists vacationed in Cyprus. This is an absolute record. This is 5.3% more than in July 2023 and 0.05% more than in July of pre-pandemic 2019, which held the previous record. Most tourists from Great Britain, Israel and Poland vacationed in Cyprus in July.ENTRY TOURISM According to the Statistical Service of the Republic of Cyprus, the UK retains its leadership. Last month,...
Who will buy Cyprus property in the coming years? What will their needs and preferences be? How to comply with them? These questions are asked by Cypriot builders and developers. According to the forecast of Danos and Associates, a company specializing in valuation and consulting in the real estate sector in Cyprus, by 2025, 70% of buyers of Cypriot real estate will be representatives of the millennial...
From January 2024More than 9,210 properties were sold in Cyprus.Despite repeated increases in interest rates on loans and uncertainty in international markets, this is the best period for sales since the record year 2008, when 10,152 purchases and sales of Cypriot real estate were concluded. Compared to the same period in 2023, sales increased by 1.8%, and pre-pandemic 2019 by 42.7%....
8 amazing lakes in Cyprus. Cyprus has several lakes - beautiful places that are not only natural and historical cultural value, but also an important factor in ensuring the habitat of our islands, which are of global interest. Now, in autumn, when the rainy season begins on the island, the Cypriot lakes are filled with water. Lake OrokliniThis lake is located at a...
Since 2020, more than 93 thousand foreign residents live in Cyprus annually. Cyprus ranks 4th among EU countries in terms of the number of residence permits issued.The country provides more than 15 types of residence permits: most often the status is obtained for employment, study and family reunification. Residence permit status must be renewed every year.Including residence permit: Reason for moving:...
Cyprus is the third largest island in the Mediterranean Sea, very sunny and picturesque. An island with a big heart that welcomes its guests and welcomes them as its friends. It is located in the warmest part of the sea - the eastern part, where the swimming season lasts longer than at other resorts - from May to November.Wonderful Mediterranean climate, amazingly clean beaches and warm sea, rich...
In this article, we will discuss both VAT on property and Transfer Fees in Cyprus using simple examples.When acquiring a new property in Cyprus, it is important to note that it is subject to Value Added Tax (VAT).However, if the property is a resale (secondary market) or if its planning permit was issued before May 1st, 2004, it is exempt from VAT and instead subjected to a different tax known as the...
Paphos is not only the jewel of Cyprus, rich in history and culture, but also an attractive place to live thanks to its unique combination of natural beauty, modern amenities and a favorable climate. The choice of area to live in Paphos can vary greatly depending on personal preferences, budget and investment goals. In this article we will look at several areas of Paphos that attract both local...
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