How to obtain citizenship in Cyprus? Introduction to North Cyprus North Cyprus, officially the Turkish Republic of Northern Cyprus (TRNC), is a captivating Mediterranean territory located on the northern part of the island of Cyprus. While it is recognized only by Turkey, the region operates with its own democratic government, stable economy, and independent legal and property systems. The area is...
RESIDENCE PERMIT IN GREECE under the category «GOLDEN VISA». Validity: 5 years Real estate investment threshold: 250.000€ / 500.000€ New threshold of 500.000€ based on georgraphic criteria: Central Athens Regional Unit: Athens Filadelfia-Chalkidona Dafni-Imittos Galatsi Kaisariani Vyronas Zografou Ilioupoli Southern Athens Regional Unit:...
What tax will have to be paid when buying property on the secondary market in Cyprus, and how to correctly calculate this fee - let's consider in the article. There is a fundamental difference in tax charges between buying new property in Cyprus and acquiring secondary housing. When purchasing property that has not yet been registered, VAT will be included in the price of the property. VAT is not...
Istanbul stands out as a fascinating city with its historical and cultural richness, magnificent architecture, exquisite cuisine and lively atmosphere. This metropolis, which has a strategic importance with its unique geographical location connecting east and west, bears the traces of many civilisations that have left their mark on world history. From its walls that smell of history in every corner to...
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...