Special VAT when buying real estate in Cyprus How can individuals significantly save money when buying a house or apartment in Cyprus in 2024, and what conditions must be met? Let's take a detailed look. The price of new real estate properties in Cyprus includes value-added tax (VAT) charged at the standard rate of 19%. However, there is an opportunity to apply a reduced rate of 5% if the purchased...
You can still obtain Turkish citizenship by investing at least $400,000. Turkey updated the terms of the program on January 2, 2024, but did not raise the investment threshold. The citizenship application now needs to be submitted in person in Turkey. Under the new rules, the investor and their spouse must provide fingerprints and have their photos taken at the immigration office for the passport. The...
Tax residency is the status of an individual or a legal entity that determines in which country they have to pay taxes. In the case of Cyprus, there are two main ways to determine tax residency: The 183 days rule The 60 days rule The 183 days rule According to this rule, an individual is considered a tax resident of Cyprus if they spend more than 183 days on the island in a calendar year. The...
Seeb is a fascinating city that is home to Oman's historical and cultural riches as well as an immense culinary heritage. This unique destination opens its doors to travellers who want to discover traditional Omani flavours. Seeb attracts the taste buds with its many restaurants, cafes and markets known for their authentic and local flavours. While the streets of the city are filled with the smells of...
Salalah, located in the south-west of Oman, is not only a city of immense natural beauty, but also of rich culinary culture. Salalah is a paradise for gastronomic enthusiasts who want to discover the authentic flavours of the Arabian peninsula. Traditional Omani flavours, combined with the skilful use of local spices, fresh seafood and exotic fruits, colour Salalah's culinary scene. This city stands out...
Muscat shines as the pearl of Oman and this fascinating city not only attracts attention with its historical and cultural riches, but also with a tremendous culinary culture. The streets of Muscat are teeming with traditional Omani delicacies and there is something for every palate. From the dazzling architecture of the Sultan Qaboos Grand Mosque to the lively atmosphere of Mutrah Bazaar, from the tranquil...
Sur, located on the eastern coast of Oman, is a city of historical and cultural richness, attracting attention not only with its historical buildings but also with its rich and varied cuisine. It is possible to encounter delicious local flavours while walking through the streets of Sur, its historic harbour by the sea, traditional bazaars and modern texture. This city offers visitors an unforgettable...
Antalya is a unique holiday paradise located on the southern coast of Turkey. This magnificent city offers a true paradise for holiday home buyers with its warm Mediterranean climate, unique natural beauty, historical riches and modern amenities. Antalya has a postcard-perfect coastline, surrounded by wide, golden beaches, clear turquoise sea and green mountain landscapes. It also stands out with its...
Muscat is the capital city of Oman, the so-called pearl of the Middle East. This magnificent city is known for its rich historical heritage, traditional and modern architecture, breathtaking natural beauty and warm hospitality. From the majestic atmosphere of the Sultan Qaboos Grand Mosque to the vibrant markets of Mutrah Bazaar, Muscat offers a unique experience to every visitor. What are the places to...
Sahara is a unique destination full of mesmerising natural landscapes, rich cultural heritage and historical richness. This vast land in the north of Africa, famous for its sand dunes and desert landscapes, offers visitors an unforgettable experience of discovery. The Sahara is home to a variety of attractions, from immense sand dunes to ancient cities, from traditional markets to historic castles. Top...