About Property in Spanish Torrevieja
Citizens of our country are increasingly turning their eyes to foreign real estate. Moreover, among the variety of proposals, Spain is considered as the most optimal and promising option. On…

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How I bought apartments in Sunny Beach in Bulgaria
Having received such information from relatives, we examined the site of the developer, who was also a seller of apartments, and contacted the sales manager. After that, they assessed their…

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Germany Is it worth investing in real estate?
An indisputable advantage of Germany is a strong economy. This was the decisive factor in overcoming the crisis painlessly with the real estate market in this country. But how are…

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payment is determined

How to get a residence permit in Cyprus and EU citizenship

The Republic of Cyprus is an island state, which is often considered by residents of Russia as a permanent place to live or to periodically visit. This country has a favorable climate, beautiful nature and a high level of social development. The state is part of the European Union. Legal stay on its territory gives a person the status of a real European.

Benefits of obtaining a residence permit
A residence permit in Cyprus has its own name – Pink Slip. To date, the procedure for obtaining a residence permit in South Cyprus has been simplified as much as possible and does not take much time. Moreover, the amount of investment in real estate is significantly less than when obtaining citizenship of this country. This process provides a person with a number of significant advantages:

the obtained residence permit applies to all family members: spouses and joint minor children;
in the future it will be possible to apply for citizenship (subject to permanent residence in the country for 5 years over the last seven-year period); Continue reading

Cyprus Features of real estate taxation

The acquisition of real estate in Cyprus is in demand among foreign citizens who are absolutely not afraid of the high cost of housing. Prices, on the contrary, attract potential buyers who want to buy an apartment, apartment or house in a country where there is no crime, a favorable climate, beautiful nature, quality of life and excellent business development opportunities. But foreigners who buy studios, apartments, villas, apartments in residential complexes must, before concluding a transaction, study the specifics of the tax payment system.

Types of taxes
When buying property in Cyprus, foreign citizens are subject to local tax laws, according to which the following types of fees must be paid:

A one-time payment when the registration of property rights takes place.
Special stamp duty (payable once).
Property tax that the owner of a particular type of housing will have to pay every year. Continue reading

13 reasons to fall in love with Sicily
Between North and South, between East and West, going to the center of the Mediterranean Sea, lies Sicily - the crossroads of all roads. One has only to see its…

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Buying Property in Italy
According to statistics of the portal 1‑property.ru, in 2018, more than 3.5 million applications for a Schengen visa were received from Russian citizens. At the same time, Italy is one…

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My experience buying an apartment on the Aegean coast of Turkey
My story of moving to permanent residence is not much different from others. I came to my Turkish husband in Istanbul from Russia in 2014. At first she lived in…

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Why I bought an apartment in North Cyprus
Which of us does not dream of our own house on the shores of a warm, boundless sea. I did not dream - until that very moment, until I ended…

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