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Cyprus Property Transfer Fees and VAT

MPs in Cyprus are planning to revise Property Transfer Fees and the VAT paid on land sales to eliminate distortions in the Cyprus property market, which they believe is adversely impacting competition. By: Rachael Gillett Published in Cyprus Property News on Sunday 25th March 2018 LAWMAKERS in Cyprus plan to draft a bill aiming to eliminate a distortion where certain buyers of real estate must pay Property Transfer Fees while others do not. When a person buys a new property

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Final results of Northern Cyprus elections announced

Election Board confirms no party has won enough votes to emerge as ruling party By Murat Demirci, Satuk Bugra Kutlugun (Anadolu Agency) The final official results of snap parliamentary elections in the Turkish Republic of Northern Cyprus (TRNC) were announced on Tuesday evening, which confirmed that a coalition was on the cards. The National Unity Party (UBP), led by current Prime Minister Huseyin Ozgurgun, got the most votes, with 35.57 percent, in Sunday’s election, Supreme Election Committee head Narin Sefik

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Main Reasons to go to North Cyprus

by Gulse Birsel, Hurriyet, 19 Feb, 2017   Sense of comfort, relief, freedoom and peace: Don’t know if it’s because of sunny weather 300 days a year, or maybe because the trouble in Europe or Asia cannot reach as far as here… But I’ve never met worried or stressed people here! They make the most of life, food and chat. I even think the antidepressants might be made out of the air here. Despite economic and political issues, islanders are

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