NEWS & ARTICLES

A legislative formula is on the table that will allow the transfer of title deeds to property buyers. Each case will be individually assessed, and where no evidence of fraud is found, the transfer of the title deed will proceed.

On June 20, 2024, the Court of Appeal of Cyprus, in the context of Civil Appeal 285/2018 involving the Bank of Cyprus Public Company Limited and the Director of the Paphos Land Registry Department among others, ruled that the procedure for transferring separate ownership titles in the names of trapped buyers is fundamentally unconstitutional as it conflicts with Article 26 of the Constitution.

Pursuant to an announcement by the migration department dated 28/04/2023, the criteria for the application for the permanent residency under regulation 6.2. (fast track) shall be changed from the 2/05/2023.

Pursuant to an amendment to the Aliens and Immigration Regulation No. 14, new requirements have been added in order for a non-European to be able to apply for the temporary visa (known as pink slip). The said visa last for 12 months and it can be renewed every year.

After the Brexit a new era has arisen regarding the status of the British who want to live permanently and/or work to Cyprus.