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Earlier this month, the Cabinet of Ministers approved a series of changes to make the Cyprus Investment Programme more specific in purpose and even more trustworthy. The new provisions are yet to be announced by the Ministry of Interior as official provisions.
According to the Cabinet’s decision, the recent changes are:
The changes come as a further reinforcement on behalf of the Government for the transparency and safety of the Programme. According to Haris Georgiades, Minister of Finance, the scheme launched by Cyprus in the aftermath of the island's 2013 economic crisis has granted 1,864 citizenships and raised €6.6bn. During the 2016-2019 period, the programme accounted for almost 10% of the island's total GDP growth. These numbers are evidence for the attractiveness of Cyprus as an international business centre with a global outlook and a sound investment infrastructure.
Более подробную информацию о налогах и сборах при покупке недвижимости на Кипре вы можете получить на нашей странице.
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