I understand that the government wants everyone to pay their Income Tax online. Very commendable. But I have encountered 2 problems when trying to set up my account with them. (1) they ask for a 12 digit Reference number. But none of my tax returns or receipts has 12 numbers. (2) they ask if I am employed or self-employed- but I am neither, being retired and paying the special 5% rate. Any suggestions how to get round these?
I am currently in UK but was seriously thinking of buying a 2 bed apartment in Cyprus in 2018 or 2019.However I have heard rumours of a 15% tax on the sale of all property. Is there any truth to this ? And if so when does it / did it come in ?Currently I would pay about 3% tax in purchasing a €100,000 euro apartment. If 15% is imposed it will kill any chances of buying - unless I carry on working and saving for at least 18 months - and by then UK citizens will no longer be EU citizens - with all the added repercussions regarding immigration regulations. No doubt after Brexit in March 2019 it will be much tougher for Brits to relocate to anywhere in the E.U.Is there any truth to this 15% property tax ??
Having had a number of bad experiences with lawyers in Cyprus, we have finally found a trustworthy, competent and honest lawyer based in Limassol. Her name is Ianthi kaminara firstname.lastname@example.org Ianthi has done a brilliant job for us and we would highly recommend her.
Looking for a permanent position as either a head chef executive chef , chef manager kitchen manager or catering manager, where would be be best to start the search ? My husband will be more settled if he can secure work prior to arriving it will be easier to move asap as well.thank you Carol & Jeff
I am Asian married to a Brit and holder of the "yellow slip" paper (residency permit) in Cyprus which runs out in 2019. We have relocated to the UK and would visit Cyprus during the school holidays. I want to know if I will be allowed to use this for re-entry to Cyprus if I do not go for a visit for a year or two. I can not find any information on this and I do not want to go to consult a lawyer who will charge me 300EUR. Thanks for any info on this.
hello,I have a mortgage with Alpha bank. in the past i tried to have a discount in the repayment. Now i have just heard from another property owner who has similar mortgage in same apartment block and same bank, that he got a discount of 30% on the mortgage and is will repay it before end of month.He did not explain his strategy to get it, just said it has been a long process.So i will request the same from the bank but they will certainly say no. so my question is if i can get a legal action in that case arguing that another owner could get discount and there is no reason i would not get it as well.Any advice, suggestion etc.thanks in advance,Patricia
We are looking for recommendations for an architect in Larnaca. We need plans drawn up that reflect the current outline of the property as it has changed from the original back in 1980. We then need a new application for building permits in order to get a Final Certificate of Approval so that we can add the house to the title deeds. We are against a timetable so are looking for someone who will actively follow up our case in order to complete the procedure in as short a time frame as possible.Thanks for any suggestions...
Hi, There are 32 apartments on our complex.1.Does the Management Committee require a majority of 51% or 75% to proceed with or implement any changes or improvement works which are proposed at the AGM?2.Do we need to register our Management Association with the Land Registry, as separate title deeds will be issued to each apartment owner?3.Should our lawyer have created Regulations for the Management Committee? Any help appreciated, Keith
Bank of Cyprus advised me today that they charge 0.4% for receiving money from a sterling account in a UK bank and putting it in my sterling account with them. This seems extortionate, does anyone know of a bank or method where the charges would be more reasonable? Thank-you
I am considering buying a beach bungalow for investment near Pervolia. Its in a complex off the beach (close but not on the water :)The return appears good now that it is new and shiny, but I wonder how would things be in 10 years time? Pervolia seem to be over-built and holiday homes abound. Does anybody here have any direct experience of such an investment? I also worry that it will be hard to sell such a property in 10-20 years once it looks dated. Holiday rentals are different than regular rentals in a city, no?thanksnikos
HiI am a UK resident currently living and working in Cyprus. Ihave an account with the Bank of Cyprus and have a sum of money which I wouldlike to invest in Euro denominated shares and funds (for all Eurozonecountries, not just Cyprus).I would like to utilise an online investment facility totrade in shares and funds, much like Hargreaves Lansdown in the UK. Is anyoneaware of such a facility?If not, then presumably I would have to resort to buyingshares and funds through my bank, or through a conventional stockbroker. Doesanyone have any suitable recommendations?Many thanks in anticipation of your assistance.
Hello all,If possible, Could anyone shed some light please on the process of applying for MVIS3 - anyone come across this?Im a brit and my girlfriend is Russian (just moved to cyprus for work) although we been together for 2 years we still dont plan to get married- therefore since she has a 2 year in Cyprus and can only spend 90 days, we found that the option of extending her stay here is by applying for MVIS3.We have some documents gathered, there are few question marks on some of the documents. Anyone can help?
I am the Secretary of Paphos Third Age, an organisation providing Leisure and Educational Groups in the Paphos area. Nearly all our 800 members are UK Expats. We have always been careful to Register the club each year with the Paphos Municapility. Apparently the system is about to change, and amongst the new rules for Registration is one saying all Non-Cypriot members of a club must provide a copy of their passport and Residence Permit. This is clearly going to be impossible to collect with 800 members. My questions are these:1. Are there any other Expat dominated Clubs out there? Were you aware of this change of rule?2. Does anyone know if we have to take this new rule literally?3. What happens if we don't bother to Register the Club any more?Any comments or suggestions welcome