• ANNOUNCEMENT / ENGOMI PARK (RITA COURT 58-62) TITLE DEEDS



  • Cyprus Citizenship By Investment – Fast Track Entry Into The European Union



    Since Cyprus first introduced its “Cyprus Citizenship by Investment Program” back in May 2013, there‘s been a rush by Chinese, Russian and Middle Eastern residents looking to gain full European Union citizenship. The primary incentive is that it provides visa free travel across 176 countries throughout Europe and the rest of the world. It’s also a free pass for non-EU/EEA citizens to live, work and study anywhere within the European Union as a citizen. The program is straightforward when compared to the immigration by investment programs in other European Union countries, such as the UK investor or Spanish Golden Visa. You can get a full Cypriot (EU) citizenship and passport within months if you buy a luxurious property worth €2.5million, or invest at least €2.5 million or €5 million into Cypriot real estate. You can sell your properties after three years and acquire, or hold, a permanent residence equivalent of €500,000 to maintain your Cypriot passport. Reuters ...

  • Landmark agreement



    The technical agreement signed between the Makarios Hospital and the internationally-known medical centre King’s College Hospital has been characterised as a landmark agreement by the Minister of Health, Phillipos Patsalis. He told a press conference that the agreement institutionalises, for the first time in the medical history of Cyprus, a systematic collaboration between the Paediatric Liver, Gastroenterology and Nutrition Centre at the Makarios Hospital with the corresponding centre at King’s College Hospital. As a result of this development, the Paediatric Centre in Engomi will be called the Paediatric Liver Centre, Gastroenterology and Nutrition NAM III of Nicosia and King’s College Hospital. Dr Patsalis underlined that the agreement is the work of his predecessors in the ministry, Dr Stavros Malas and Dr Petros Petrides, whom he thanked for their enormous contribution to the establishment and institutionalisation of the agreement. The minister said the signing of the ...

  • Η Λεμεσος στους 20 ιδανικους προορισμους



    Ιδανικός προορισμός για όσους αναζητούν ήλιο, θάλασσα, πολιτισμό ή απλά νόστιμη τοπική κουζίνα Να τα καλά τα νέα! Η Λεμεσός βρίσκεται ανάμεσα στους 20 ιδανικούς προορισμούς ευζωίας! Και αυτό δεν το λέω εγώ, αλλά η “Daily Telegraph” του Ηνωμένου Βασιλείου, μια από τις δημοφιλέστερες και εγκυρότερες βρετανικές εφημερίδες. Το άρθρο του δημοσιογράφου Max Davidson παρουσιάζει τη Λεμεσό ανάμεσα στην Ανδαλουσία (Ισπανία), την Πάρμα (Ιταλία), το Παρίσι (Γαλλία), την Πόρτο (Πορτογαλί...

  • Wi-fi hot spots



    20/05/2014 Cyprus' digital champion Stelios Chimonas has drawn up a plan to create dozens of small areas of 20,000 to 25,000 squares metres throughout Cyprus where quick, wireless internet will be available free of charge. Under the plan "Creation of Zones of Free Access to the Internet in Selected Areas of Cyprus", the necessary facilities will be created in selected areas. These include town and village squares, beaches, archaeological sites, monuments and other areas which attract a large number of people to offer free wireless access to the internet. Visitors and permanent residents in the 'hot spots' will have unrestricted access to the internet but some restrictions will be imposed on the use of specific applications which may require a lot of broadband and affect other users. The aim also is to protect of users from accessing pages with porn or with viruses. "The b...

  • Oil & Gas News



    May 15, 2014 The Hydrocarbons Public Company (DEFA) announced on 14 April that it had received four proposals to supply natural gas to the island as an interim solution for power generation before its own gas reserves come available. Details of the bidders were not released due to confidentiality agreements. However, the companies themselves have made their interest known. The partners developing Israel's offshore Leviathan natural gas field (The Delek Group and Noble Energy) have bid for the project, as have the Dutch-owned oil trader Vitol, a group led by Azeri state oil company SOCAR, and a Greek consortium. Based on its initial invitation for proposals, issued in January, it is seeking a supply line for up to 10 years, commencing in January 2016. Meanwhile, Cyprus and Israel have signed an agreement on the protection of confidential information regarding the hydrocarb...

  • Cyprus: I’m Obsessed and You Would Be Too!



    Paphos, Cyprus I'd like to apologize to everyone who has ever asked me for a recommendation on where to go. You see, I hadn't been to Cyprus, and surely, the answer should almost always be Cyprus. Known by young Europeans as the sister to Ibiza, the island of Cyprus is a popular paradise to visitors from the UK, Scandinavia, Germany, Greece, Russia, and Italy. An escape for warm beaches, gastronomy, entertainment, and culture -- it's the go to destination of the Mediterranean. Although it lacks the inter-continental glory of Ibiza, the little sister island is all worthy of praise. Alas, five reasons I'll be back to Cyprus -- more than once: 1. It provides either peace or party (or both!), per your request. ...

  • Happy caddies



    Dhekelia's Joint Services Golf Club launched a ten-day Festival of Golf to celebrate its 50th anniversary and the new name on the Club's Cyprus Open Golf winners' board is Tony Laslett. Tony was the former professional of Bergen Hohne Golf Club in northern Germany and is now settled in Cyprus. True to its Joint Service membership, the winner of the two-day 'Weekender' competition was Tony Degg from the RAF. Winner for the 'Seniors' was Noel Green (Nett) and Tony Laslett (Gross). Once again the inimitable style of Randi Steel from Lefkara took the Ladies Blue Wave Open championships, adding her name to the Club's Winner's Board for the tenth time. Her husband, Chris, claims all the credit; it was he who taught her how to play the game. With golfers flying in from the UK and across Cyprus, one even arrived from the USA, the Festival kicked off celebrations and golf events that merged into the annual, end of season championships. This year's Captain of the Golf Club, Tom Watson, in...

  • Qatar Airways launches Cyprus flights



    AS PREVIOUSLY announced, Qatar Airways will commence direct flights to and from Doha and Larnaca airports on Tuesday. The addition of Larnaca as a destination was announced by the airline last December. “We are continually striving to provide customers with more options of unique destinations to visit, and the Mediterranean city of Larnaca is a welcomed new addition to the airline’s route map,” a statement from the airline said. The carrier will be flying four times a week to Larnaca, which is its first route to Cyprus, while the Cyprus government has expressed the hope that the number of flights will increase over time. Flights will be operated by an Airbus A320 on Tuesdays, Thursdays, Saturdays and Sundays, all departing from Larnaca at 2.10 pm and Doha at 8.10 am. During a three-day official visit to Qatar by President Nicos Anastasiades in March, the Cyprus government signed an aviation agreement with the...

  • World-first as Cyprus’ hotels go green



    By Jean Christou Hotels in Cyprus will be the first in the world to ‘go fully green’ under mandatory new rules, and have been given 12 months to become compliant, the Cyprus Tourism Organisation (CTO) said yesterday. “For the first time in any holiday destination, mandatory sustainability standards for hotel establishments have been approved by the CTO,” an announcement said. “This means every hotel operating in Cyprus must now take action to protect the environment.” The new minimum standards are part of a wider program of CTO reforms jointly drawn up with the Cyprus Sustainable Tourism Initiative (CSTI) and the Travel Foundation. Compliance is linked with inspections related to the renewal of hotel licences. “Hotels in Cyprus will now be required to demonstrate sustainable business practices that will ultimately lead to cost savings and a more authentic Cyp...

  • Impressions of Cyprus



    By Alix Norman Once upon a time we had a holiday home in the mountains: ringing church bells punctuated the hours, goats pushed and paraded down the narrow streets, the smell of zivania from the still enough to make you feel quite tipsy. This, to me, was the true Cyprus, an island where black-clad grandmothers crocheted under the lemon trees while their husbands drank sketo in the sun. And until recently, it was a way of life that I thought had been lost. But I've been proven wrong: the true Cyprus still exists, if you know where and how to look – and it’s all been captured on film in a new exhibition entitled Impressions of a Mediterranean Island. James Blake is the photographer, and though he hasn't been long on the island, his love for every facet of the landscape, the architecture and – most importantly – the people shines out of every one of his 140 images. “Cyprus is ...

  • Cyprus flavour to Carlsberg World Cup ad



    By Alexia Evripidou CARLSBERG BEER and football’s role in bringing people together is the theme of a new ‘documercial’ which focuses on Cyprus as part of the brewery giant’s advertising campaign ahead of the World Cup which begins in Brazil on June 12. Filming in the divided cities of Belfast, Ireland and an as yet undisclosed location in Kosovo, Carlsberg Denmark sent the Belgium-based film crew TRS Company to shoot the third part of the documentary style advert in Cyprus, the only location of the three with an official division. The football and beer documercial was shot over two days in April at Nicosia’s Ledra Palace and buffer zone area. Actors and crew members were employed from both sides of the island. Carlsberg, the ‘Official Beer of The England Football Team and Wembley Stadium’, “had a specific motto in mind from day one for the documercial” said Constandinos Nikiforou, producer a...

  • Cyprus Citizenship For Foreign Investors – Gateway to Europe



    By Charles Savva In light of the global recession and ever changing fiscal and monetary policies that impact investments, there has been an increased interest by foreign investors in relocating their funds and families to a jurisdiction that offers stability and security. Certain changes to the Cypriot immigration policy and legal framework now enable non-EU applicants to obtain Cypriot citizenship on an expedited basis. The citizenship by investment program in Cyprus enables foreign citizens to apply for a Cyprus citizenship provided that they: have a clean criminal record, own a permanent residence in Cyprus with a value of at least EUR 500,000 (excluding VAT), are not in the list of persons whose property is ordered to be frozen by the EU, visit Cyprus at least once. ...

  • Shipping



    Cyprus is an internationally renowned shipping centre, home to some of the world’s leading names of the global shipping industry. The country’s accession to the European Union, in 2004, further boosted the reputation and overall image of the Cyprus flag and the infrastructure of Cyprus’ shipping in general. The country’s unique geographical location at the crossroads of three continents, its advanced infrastructure and services, as well as the very competitive shipping taxation and other strategic advantages, make Cyprus the ideal location for ship owning, ship management, ship chartering and ancillary shipping-related services. Facts about Cyprus’ shipping sector More than 140 ship owning, ship management and shipping related companies controlling a merchant fleet of 2,200 vessels, with 50 million Gross Tonnage. 10th largest merchant fleet in the world 3rd largest merchant fleet in the EU 2nd largest ...

  • Energy conference to take place in Limassol



    Ministers and other high-ranking officials dealing with energy issues from Cyprus, Croatia, Italy and Montenegro will participate in the Global Offshore Technology (GOT) Conference and Exhibition that will take place in Limassol, April 28-29. According to a press release, the event will bring together the officials with the international oil and gas community to examine the prospects for offshore oil and gas in the region. They will also examine the advances in technology and engineering services that have prompted some of the new discoveries and the commercialisation options for the Mediterranean’s oil and gas prospects. Around 80 companies have registered to attend the conference, held under the auspices of Cyprus’ Ministry of Energy, Commerce, Industry and Tourism. (CNA) cyprus-mail.com/2014/04/27/energy-conference-to-take-place-in-limassol/#prettyPhoto...

  • Tourism boost as prices fall



    By Bejay Browne PAPHOS has been named by the UK Post Office annual survey as one of the best value hotspots for holidaymakers in 2014. The Post Office barometer shows that the coastal resort has climbed to sixth place on the chart, as a top value for money resort. The results will come as good news for the industry, as Cyprus has long been viewed as an expensive tourist destination with value for money rarely coming top of the island’s attraction list, especially among Britons. Paphos in particular had, during ‘the good times’ also gained a reputation for the rip-off mentality of some operators in the district’s tourism sector. According to the Post Office however, Paphos has registered the biggest fall in prices – 21 per cent – from the 20 European resorts surveyed. Although Bulgaria’s Sunny Beach is cheapest overall, overtaking the Costas and the Algarve, Paphos has seen a huge drop in the price of ten tourist staples o...

  • Unique Investment Opportunity – Cyprus Science Technology Park



    Feb 26, 2014 In the context of its efforts to promote the creation of the Cyprus Science Technology Park (STP) for development purposes in the Limassol district, the Government of Cyprus invites interested parties to send an Initial Expression of Interest regarding the following: Initial Expression of Interest from Enterprises/Organisations that wish to be accommodated and develop activities in the STP. Initial Expression of Interest from Investors wishing to undertake the establishment and operation of the STP.   The STP could host Applied research and academic centres. Business incubators and clusters. Activities related to other knowledge-based enterprises, organisations and institutions.   Indicative knowledge-intensive areas include Information & Communications Technologies, Energy, Nanotechnology, Health & ...

  • BBC: Escape to Pafos



    The fifth episode of the BBC 2 series, 'Escape to the Continent', featured Pafos, as a destination for buying property and not only. Take a look! See more at: www.sigmalive.com/inbusiness/news/property/118149#sthash.OGEfOaMm.dpuf...

  • Αδειαζουν τα γραφεια αλλα κτιζονται νεα



    Ημερομηνία Δημοσίευσης: 08/04/2014 08:48   Διαφορετικές τάσεις φαίνεται να επικρατούν στην αγορά γραφείων στην Κύπρο με χιλιάδες γραφεία να παραμένουν άδεια λόγω των συνθηκών που επικρατούν την ίδια στιγμή που εμφανίζονται projects για ανέγερση νέων γραφειακών χώρων. Οι επιπτώσεις της οικονομικής κρίσης έχουν καθηλώσει τη ζήτηση για γραφειακούς χώρους με του...

  • Making Movies



    Why Cyprus could become a great film hub By Chris Economides, CEO, BMCH Hellas S.A.  Almost all great ventures in the world rely on the unique and exclusive attributes found in the goods and/or services they produce and promote. Some of these attributes may be man-made and infused in the product or service while others are given legacy or bestowed upon us by Mother Nature. In considering whether Cyprus merits becoming a great film hub, one needs to examine issues of legacy and nature and what needs to be done by man to make it happen in a sustainable manner, long term. Cyprus is like a big studio. Only 100km X 60km with a variety of locations never before seen on the silver screen, spanning a variety of cultures including We...

  • Cyprus scraps maximum daily cash withdrawal limits



    The Finance Ministry has issued a decree scrapping the daily cash withdrawal limits from bank accounts one year after Cyprus imposed capital controls to prevent economic meltdown. CYPRUS abolished maximum daily cash withdrawal limits from bank accounts on Friday, a year after it imposed capital controls to prevent economic meltdown and a flight of cash under the terms of a painful international bailout. In a decree issued by the finance ministry, the €300 limit per person per day was scrapped, along with restrictions on breaking fixed-interest time deposits prior to maturity. The decree also allowed, under conditions, individuals to open bank accounts in other credit institutions. The finance ministry said the decision was taken because a performance-linked r...