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Cypriot Investment Scheme
Repossession Property Yield Properties

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  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

Property tax up to twelve thousand for tax free

In twelve thousand euros of the five proposed by the Government raised the tax-free amount for real estate the majority of the House.

The amendment was tabled by MP of the Democratic Party Angel Votsi and supported by all parties except the Democratic Rally.

The lost income for the state is estimated at 2.7 million euros, while the exemption will benefit some and forty two thousand smallholders whose property does not exceed, with values ​​of 1980, the twelve thousand.

Vote in favor of the amended bill into law argued 15 MPs (the Democratic Party EDEK, European Party, Environmentalists, Citizens' Alliance and Zacharias Koulias), there were no votes against, while 39 MPs (DISY and AKEL) abstained.

Amendment approved by Votsi 34 MPs (AKEL, the Democratic Party EDEK European Party, Environmentalists, Citizens' Alliance and Zacharias Koulias) and opposed by 20 Members of the Democratic Rally.There were no abstentions.

http://www.ant1iwo.com/oikonomia/2013/09/26/foros-akinhtwn-stis-12-5-xil-to-aforolog/