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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

  • 8 August 2019 New criteria for passport scheme

    New criteria for those wishing to obtain a Cyprus passport through the much... read more

  • 31 July 2019 This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 31 July 2019 Continuation of previous article This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 22 July 2019 Massive rise in new home construction

    The number of building permits authorised for the construction of new homes... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 19 August 2019 Building permits authorised for 907 new homes

    Building permits authorised in Cyprus during May 2019 provided for the... read more

  • 8 August 2019 New criteria for passport scheme

    New criteria for those wishing to obtain a Cyprus passport through the much... read more

  • 31 July 2019 This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 31 July 2019 Continuation of previous article This is the new Mortgage Policy Beneficiaries Boards

    Ministry of Foreign Affairs: Government's aim is to produce 'affordable housing' read more

  • 22 July 2019 Massive rise in new home construction

    The number of building permits authorised for the construction of new homes... read more

Lawsuit against HSBC for illegal trading in the occupied area of Northern Cyprus

   
Lawsuit against British bank HSBC to facilitate illegal buying and selling real estate in the occupied area of Northern Cyprus filed in US courts of British buyers group.
According to a report in the Daily Telegraph, the applicants have invested their life savings in real estate for which they believed that receiving valid ownership titles issued by the TRNC.
 
Reproaching the HSBC to "illegal transfer of money for the sale of these properties, while knowing that the property titles of these are illegal and / or void because the 'TRNC' does not hold the power sovereign to issue or acquire property rights".
 
The British plaintiffs say the bank is involved in this way in a "fraud case with buying and selling real estate biblical proportions." They seek damages of $ 50 million. The lawsuit was filed in Washington.

- See more at: http://www.sigmalive.com/news/oikonomia/308674/agogi-kata-hsbc-gia-paranomes-agorapolisies-sta-katexomena#sthash.AuukE4B3.U63msHJX.dpuf