The government of the Republic of Cyprus will cover half the cost of building, buying, or renovating real estate. The benefits will be provided through a new state program to support the population. Married couples, singles, and young families (spouses under 41) will be able to receive a subsidy for the purchase of housing. The program will be launched in the first quarter of this year and will last for...
This article will guide you through the process of paying taxes on your rental income in Turkey, ensuring you can rest easy knowing you are in compliance with the law. When to file: The declaration is filed with the tax authorities in March of the current year for the previous year. Tax-free threshold: You are exempt from paying tax if your total annual income is no more than 21,000...
ATOR (Association of Tour Operators of Russia) recently published an article claiming that it will no longer be possible to enter Europe with a non-biometric passport in the second half of 2024. This is due to the launch of the automated Entry/Exit System (EES), which only works with chip-embedded passports. What is the EES? The EES is a system for tracking the movements of travelers from countries...
Looking for a scenic and easy hike to enjoy with your family? Look no further than the Vateri Nature Trail in Kakopetria, Cyprus. This short, one-kilometer trail is perfect for families with young children, as it is relatively flat and easy to walk. The trail winds along the west bank of the Klarios River, and while it is not particularly challenging, it is still very scenic. The area is lush with...
Cyprus is a land of rich history, stunning natural beauty, and, of course, delicious wine. While many flock to the popular tourist destinations of Paphos and Ayia Napa, those seeking a more authentic and immersive experience should venture off the beaten path to the village of Vasa Kilaniou. Nestled in the foothills of the Troodos Mountains, just a short drive from Limassol, Vasa Kilaniou is a...
Nicosia, Cyprus. For the sixth consecutive year, Nicosia has been included in fDi Intelligence’s European Small Cities of the Future ranking. This year, the capital of Cyprus claimed the top spot in the Human Potential and Lifestyle category, highlighting its attractiveness as a small city for education, work experience, and career growth. fDi Intelligence is a specialist division of the Financial...
The Minister of Interior has announced that it is now possible to obtain a Certificate of Title much faster. A series of reforms in the workflows of the Land Registry and other departments will reduce the waiting time for obtaining a Certificate of Title from three years to three months. At a seminar of the Cyprus Land Development and Construction Business Association, the Minister of Interior,...
Even if you are a connoisseur of Cypriot villages, it is useful to refresh your impressions and visit familiar villages again and again. We have chosen 10 villages that are definitely worth visiting again. 1. Kathikas: Kathikas is a village with stone houses and vineyards located between Paphos and Polis Chrysochous. Despite its modest size, there is something to see and delicious food to eat. And from...
The United Arab Emirates (UAE) has announced a relaxation of the conditions for obtaining a 10-year resident visa through property investment. Investors are now no longer required to pay a 50% down payment when purchasing a property worth AED 2 million or more on a mortgage. New rules Under the new rules, the down payment will be reduced to 20%. Investors are also allowed to purchase a property at any...
February 14, 2024 – Pegasus Airlines, a Turkish low-cost carrier, has announced updates to its fare structure, including new names for existing fares and changes to carry-on baggage allowances. The new rules will apply to tickets purchased on or after February 14, 2024. Changes to Fare Names and Carry-On Allowances The following changes will be made to Pegasus' fare structure: Basic fare is...