1. Introduction Although Cyprus provides for taxation in several different circumstances, the taxation system in Cyprus can be divided into three notable categories: personal income tax, corporation tax and VAT. All individuals who are tax residents of Cyprus are subject to taxation on their total taxable income, including specific employment benefits, earned from both Cypriot...Read More
1.Market Overview 1a. Cyprus Real Estate Market Introduction Cyprus’ economy has shown resilience against external shocks, such as geopolitical tensions and climate change with expected GDP growth of 2.2% for 2023. The country’s small size and global outlook provide it with the agility to adapt and thrive. The Cyprus real estate market is being shaped...Read More