Лицам, желающим заключить гражданский брак на Кипре необходимо лично обратиться в любой отдел бракосочетаний муниципалитета ( Лимассола, Пафоса, Ларнаки, Никосии и т.д.), представляя следующие документы:

Подробная информация относительно необходимых документов:

1. Паспорта

2. Заявление касательно статуса заявителей:

неженатых(незамужних)/разведенных/овдовевших

Данные заявления (или сертификаты) выдаются ЗАГСОМ, церковным приходом, Министерством внутренних/иностранных дел, а также посольствами стран заявителей. Документы должны быть переведены на греческий или английский язык.

Заявители, которые являются обладателями паспортов Великобритании имеют право на письменное показание, даваемое под присягой  соответствующим должностным лицам, Регистратору районного суда Республики Кипр или английскому юристу. Переведенные документы должны быть заверены и подписаны вышеупомянутыми лицами

3. Свидетельство о расторжении брака

Расторжение брака должно быть подтверждено распоряжением суда и переведено на греческий или английский язык. Документы должны сопровождаться  аффидевитом, подтверждающим, что лица не вступили в повторный брак.

4. Свидетельство о смерти (в случае вдовства)

Свидетельства о смерти (оригиналы или заверенные копии) должны быть переведены на греческий или английский язык.

5. Свидетельство о рождении

Свидетельства о рождении (оригиналы или заверенными копии) должны быть переведены на греческий или английский язык.

6. Подтверждение статуса  неженатых(незамужних)/разведенных – выдается Министерством внутренних дел в г. Никосия (для киприотов)

Граждане Кипра, желающие заключить гражданский брак на Кипре должны  представить должностному лицу (Marriage Officer) подтверждение касательно их  статуса: неженатых(незамужних)/разведенных. В течение нескольких дней Регистратор Министерства внутренних дел (Никосия) осуществляет подтверждение.

С целью получения вышеуказанного подтверждения, заинтересованная сторона должна представить аффидевит касательно статуса неженатых(незамужних)/разведенных данный в суде. Разведенным требуется оригинал свидетельства о разводе.

7. Сертификат диагностики талассемии (для киприотов).

Граждане Кипра, желающие заключить гражданский брак на Кипре должны представить данный сертификат (приобретается в государственных/частных больницах).

Гражданские браки между иностранцами или иностранцами и киприотами,  осуществляются  любым из двух способов:

1. Посредством представления уведомления о бракосочетании

В данном случае брак не может состояться в течение  15 дней с даты уведомления (но не позднее трех месяцев с этой даты). После бракосочетания, супруги будут должны остаться на Кипре (по крайней мере) на  20 дней.

2. Заключение брака до истечения 15 дне

Заявители  подают заявки  мэру в любой муниципалитет Кипра, с целью регистрации их брака. Таким образом, брак может состояться в течение 2-3 дней. Для таких браков, не требуется представление каких-либо особых оснований.

Cyprus Lawyers N. Pirilides & Associates LLC http://www.pirilides.com/ru

Apartments in Cyprus at Aphrodite Hills

Cyprus Apartments

The types of holiday property that most couple and golfers look for aren’t the larger luxury holiday villas in Cyprus, it’s holiday apartments. The reason the golfers use them is they are perfect for four ball groups at much less expense than hotels per head. Conveniently located on or very near to golf resorts such as Aphrodite Hills and Secret Valley, and close to Paphos airport, they are ideal.

Couples also tend to gravitate towards apartments in Cyprus due to their lower cost and relative privacy.  Again, on a cost vs cost basis with hotels apartments work out cheaper.

We’re currently awaiting a portfolio of stunning private Cyprus Apartments in Latchi, we’ll be making an announcement before long and we will also be adding a superb range of Luxury apartments up at Aphrodite Hills. There are a number of different types of apartments that we will look to add, from inland and sea facing one bedroom apartments, to 3 bedroom penthouses.

Agios, as always does try to present its information as clearly and vividly as possible, so expect some impressive media to populate these pages.

Enjoy some great weather in Cyprus

It’s been a very long and cold winter in Cyprus, so this normally means a good solid summer with some great sunny skies! Whilst the old travel pitch of 360 days of sunshine is not true by any means, between April and October, you can rest assured that the weather in Cyprus is going to be sublime. Temperatures range between 20 and 35 degrees so there is every reason to book a holiday villa as soon as possible.

Agios enjoys a healthy spread of villas located in beach areas of Paphos and these beach villas are worth looking at. We invite you to visit our site and search through some exquisite villas in Cyprus.

Just be warned that you had better bring your sunscreen, hours spent by your private swimming pool and/or on the nearest sandy beach can results in some visits to the pharmacy with paniced requests for aftersun treatment.

Imagine having Cyprus in your pocket, being able to find what you want, when you want it, with point to point driving directions. Whilst you’re at it, why not plan your day’s activities based on your profile group, are you a family, a couple or a group? Then sit back and let the system recommend holiday activities that are suitable for you, within distance limits you set.

Cyprus Holidays typically start out being researched online, booked and then you the user will mostly rely on pocket guides, tripadvisor reviews and writeups and hard copy information left in Holiday villas to plan out each day spent on the island.

From searching holiday accommodation such as villas, apartments and hotels, to viewing what amenities are within what distance from each you can now view your holiday destination with real time interactivity.

One of the great features of the app will be the ability to quickly find emergency care should you need it, view airport departures, book a taxi from where ever you are and share information with family and friends.

There are more features, which due to their proprietary nature cannot be disclosed until time of launch but we hope to be making the big announcement in the next 30 days.

Holiday Villas in Cyprus

Every wedding flavour has it’s advantages.

Beach Wedding

Cyprus Weddings don’t really get more popular than this, it’s the Med right so what a better way to tie the knot. Not so fast.

It really does depend on what time of the year you are looking to have your wedding in Cyprus. Come at the wrong time and you might need a portable air conditioner. Avoid these type of weddings in Cyprus during the summer months of July through to the end of september. Look carefully at the annual Cyprus weather charts to see what you should be doing with respect to this.

Other than that, what a way to do it. A highly recommended destination for beach weddings is the Columbia resort in Pissouri Bay.

Hotel Weddings in Cyprus

One piece of advice here, kill two birds with one stone – have a beach wedding, in a hotel that probably has the best setting on the island. We mentioned it before and we will do it again here, contact the Columbia hotel in Pissouri. Don’t worry we’re not on their payroll, we just happened to get married there.

Another great location is the Aphrodite Hills Hotel, just a stone’s throw from Pissouri.

That is why we normally put alot of emphasis on ensuring we have adequate stock of 3 bedroom villas in Cyprus for rent for our online guests. Agios has enjoyed alot of attention to it’s beach front range of villas in Paphos – these are some of the most exquisite villas on the rental market in Cyprus.

3 Bedroom Villas in Cyprus for rent

The three bedroom villas are therefore out biggest selling product and generally get booked well in advance. We therefore advise anyone considering a holiday to Cyprus to shift gear and book as soon as possible. Whilst we do make alot of noise about our Aphrodite Hills Villas but in terms of the best Cyprus Weddings the 3 bedroom beach options are generally the better option.

Another thing we tend to do it concentrate on villas that are close to all amenities, as well as the airport. Ok, so some of the 3 bedroom villas we have have a secluded flavour to them like our villas in Argaka but for the better part we try to keep you close to everything, but also far away from it all to enjoy a private holiday in Cyprus.

Best of luck hunting for your next holiday, we hope it’s in Cyprus and we hope it’s with us.

From virtual tours, interactive google maps to better photos, users enjoyed a better experience online.

What we are now in the process of cooking up in the lab will not be so easily replicated by competition websites, the aim of this tool is to make our villas in cyprus website a completely different user experience altogether.

We are about to launch our first mobile application that will give customers one of the most powerful tools out there to find places of interest, restaurants and reviews, point to point driving directions, distances, golf booking functionality and a plethora of other features that amount to customers having a panel of experts on cyprus, right on their mobile devices.

Welcome to another future.

Приобретите недвижимость на Кипре на новых льготных условиях – презентация компании Пафилия 4 февраля в 13:00. В рамках презентации будут представлены три специальных предложения!

ЗАПИСЬ ПО ТЕЛЕФОНУ +7(495) 258-19-70  http://www.pafilia.ru/

_______________________________________________________________

http://www.nedvizhimostnakipre.net/sitemap/

People who wish to have a civil wedding in Cyprus must apply in person to the Officiator of Marriage Services at the Municipality of their choice (in Limassol, Paphos, Larnaka, Nicosia etc) with the following documents:

Details concerning the necessary documents

1. Passports
2. Declaration of being single/divorce/widow/er

These declarations (or certificates) can be issued by the registry office/parish registry, the Ministry of Interior or by the Ministry of Foreign Affairs of the applicants’ countries or even by their Embassies.  The documents must be translated into Greek or English.   Applicants who are holders of UK passports can make an oath in an affidavit before the relevant Official before the Registrar of a District Court of Cyprus or from a lawyer in England.  The translated documents must be certified and signed by the above mentioned legal persons.

1. Divorce certificate

The divorce certificates must be proved by either a Court Order and translated into Greek or English.   The certificates must be accompanied by an affidavit that the persons have not remarried.

1. Death certificate in case of widowhood

The death certificates, whether they are originals or certified copies, must be translated into Greek or English.

1. Birth certificate

The birth certificates whether they are originals or certified copies, must by translated into Greek or English.

1. Confirmation of being single/divorced issued by the Ministry of Interior Nicosia (for the Cypriots)

Cypriots wishing to have a civil wedding must produce the Marriage Officer with confirmation of being single/divorced that is issued by the Registrar at the Ministry of Interior Nicosia within a few days.

In order to be given the above confirmation by the Registrar Officer, the interested party should admit a sworn declaration of being single/divorced signed at a Court and the original divorce certificate that bears the seal that became absolute.

1. Certificate for Thalassaemia (for the Cypriots).

Cypriots wishing to have a civil wedding must produce a Thalassaemia certificate either from a public hospital or a private doctor.

Civil weddings between foreigners or foreigners with Cypriots can take place in either one of the two following ways:

1. By presenting notification of wedding

In this case, marriage cannot take place within the first 15 days from the date of notification and not later than three months from that date.  The interested parties will therefore have to remain in Cyprus for at least 20 days.

1. Proceed with marriage before the lap of 15 days

The interested parties apply to the Mayor of the Municipality of their choice to register their marriage.  In this way, a marriage can take place in 2-3 days. For such marriage, no special reason is required to be proven.

Cyprus Lawyers N. Pirilides & Associates LLC

]]> http://www.cypruspropertyfinders.com/2012/01/25/instructions-for-civil-weddings-in-cyprus/feed/ 0 http://www.cypruspropertyfinders.com/2012/01/25/new-low-cost-airline-company-announces-its-base-at-the-international-airport-of-paphos-in-cyprus/ http://www.cypruspropertyfinders.com/2012/01/25/new-low-cost-airline-company-announces-its-base-at-the-international-airport-of-paphos-in-cyprus/#comments Wed, 25 Jan 2012 06:29:46 +0000 Cyprus Legal and Corporate Services http://www.cypruslegalandcorporateservices.com/?p=933

On the 10^th of January 2012, another low cost airline announced that it welcomes its new base at the international airport of Paphos in order to carry out flights to and from Cyprus starting on the April of 2012.

The company will conduct 80 flights per week to 14 new routes such as Chania, Thessaloniki, Milan, London, Stockholm, Rome, Krakow, Frankfurt Hahn, Oslo and elsewhere. In addition, it is expected that the airline will deliver over 600,000 passengers per year and this base will sustain over 600 jobs. This base will effectively promote the tourist industry of Cyprus, making the travelling to and from Cyprus much easier, cheaper and it will make flights more frequent.

 As Alfred Van der Meer, the Chief Executive of Hermes Airport Group in Cyprus said during the press conference:  “this is a great vote of confidence in the potential of both the airport and our region.”

Cyprus Corporate Services Multilysis Services Limited

Cyprus Lawyers N. Pirilides & Associates LLC

Visit our Hotels in Cyprus section, bookmark it because we will be putting more, alot more. Each image will take you to a new section giving you detailed information on each of the various sections of the hotel. You will also be able to save and compare the various hotels, gathering prices, ratings and amenities to ensure you get the best hotel at the best deal.

We’ll try follow a standard format for the presentation of all our Cyprus Hotels.

Introduction – that one main photo that sums up the hotel, the money shot.

Media album – the main photos from each of the main points of the hotel such as pool area, bedrooms, views, restaurants, exterior and other facilities for last.

Video – wherever possible we will include video.

Virtual tours – immersive 360 degree tours, but done a bit differently.

Ratings and comments.

Aphrodite Hills

This is perhaps one of the most popular destinations on the island when it comes to villa rentals. With their new contemporary designs, large gardens, heated swimming pools and proximity to the golf course and villas square amenities, there are many reasons why this resort is a priority on many peoples search lists.

One of the added benefits of Aphrodite Hills is that it is only 12 mins drive from Paphos airport. Added benefits include restaurants and mini supermarket on-site as well as a spa and tennis academy.

The biggest selling point is the Aphrodite Hills Kids Club.

Pissouri

A very scenic location in Cyprus, Pissouri is our personal favourite. It is a quiet, stunning location with a lovely beach, perfect for the family holidays. The bay and village itself of course boast a selection of restaurants to choose from and we highly recommend visiting this area of Cyprus even if not booking a villa here.

Coral Bay Paphos

This is mainstream Paphos, being a seaside town it is going to be very popular with tourists.  Agios does boast an extensive range of beachside holiday villas in the Paphos and Coral Bay areas. Most properties are within a few meters of the sea, one particular project is our absolute favourite – beach villas in Cyprus

Welcome to our first preview of what you can expect on our new Cyprus Luxury Hotels

We’re going big, bright, and informative. We’ve realised that many of the larger Cyprus hotel booking sites fetch information from the same systems as each which is why presentation, information and prices to a large degree are all the same. We are going to take a completely different approach – we’re changing almost every aspect of how a hotel presents itself, at least on this website.

We’ll try tackle the important things you want to know when looking for a hotel holiday in Cyprus, like: what are the children’s facilities like, what is there to do in the area, and is there a daily activity plan i can make use of should i decide not to spend the day by the pool.

We consider a hotel room just the same as a luxury villa rental, you need to see it, explore it, know it and feel comfortable that what you will be arriving to is what you are seeing online.

You need to have peace of mind that all your requirements will be met from start to finish and they every aspect of your holiday will go smoothly.

One of the great things that hotel site do currently do is link into the tripadvisor review system.  Love it or hate it, most hotels are on there and it is a good way of assessing not the positive, but the negative reviews. We’ll be offering this same feature.

Our first hotel to make an entry will be the Aphrodite Hills Hotel. Something of an exception, this is not a beach hotel – it part of a 5 star full integrated resort, that happens to have a beach very close by. With a kids club, activity center, golf course, spa, tennis academy and village square restaurants, there is much to offer.

More info coming soon.

When you do find a villa with 6 bedrooms however, generally speaking, you have something that is of a fairly high standard.

Agios does enjoy having a presence on Aphrodite Hills as the 6 bedroom villas on this resort are magnificent. Boasting new build, contemporary design, sea views and easy acccess to amenities, these villas are quite literally the creme of the crop.

The really great thing about these villas is that they are
very economical per head, much cheaper than a hotel. Another handy thing is theu are great for geoups attending weddings in cyprus

Indeed many of the customers we have staying with us in these larger villas often return to the island regularly. These holidays appear to create a good villa experience for customers, and we hope you will enjoy a similar experience too.
 

Aphrodite Hills Hotel in Cyprus

Cyprus hotels, pretty much like all other hotels globally are fairly numb in the way they present information on the larger hotel booking sites. Agios is pleased to announce the imminent launch of its hotel section on www.rentcyprus.co.uk

Part of the Agios strategy has been to present holiday accommodation in as much clarity and detail as possible.

From villas in Cyprus, to restaurant guides to Cyprus wedding information and on to hotels, we continue to bring our users the ultimate online user experience.

Each of these locations offers villas with a different flavour giving you more choice when booking a booking a villa in Cyprus. Choose from a wide selection of family holiday villas or stay in a range of Cyprus Luxury Hotels in Paphos.

Cyprus weddings and other special occasions can be arranged through Agios, visit us at Cyprus Villas.

Visit us now online and select from arange of 2,3,4,5 and 6 bedroom luxury villas in Cyprus

Payment of Taxes through the JCC Smart Website

Payment of Taxes through the JCC Smart website is now possible!!! The Cyprus Tax Authorities have introduced a new method for the payment of taxes.

The payments can be effected through the JCC Smart website which allows payments to be made by Credit Card.

This method of payment is restricted though, for the time being, to the following circumstances:

1. The amount due is not more than €1000 and

1. The tax is not overdue and

1. The liability is in respect of the following

• Personal income tax withheld at source (PAYE) or

• Self-assessment of income tax due or

• Withholding or self-assessment of Special Defense Contribution on interest, rent and dividends or

• Self-assessment of Special Defense Contribution in case a deemed distribution applies.

Additionally, regarding payments of tax relating to provisional tax assessments or assessments raised by the Tax Authorities, the aforementioned procedure is not yet applicable.

Cyprus Lawyers N. Pirilides & Associates LLC

Cyprus Corporate Services Multilysis Services Limited

On the 14^th of December 2011 the House of Representatives voted the following Laws:

• Law amending the Value Added Tax Law
• Law amending the Income Tax Law
• Law amending the Special Contribution for the Defence Law
• Law providing for Special Contribution by the employees, self-employed and pensioners of the private sector.

The Value Added Law changes

The basic VAT rate will be increased by 2% from 15% to 17% as from the 1^st day of March 2012. The reduced rates of 5% and 8% remain unchanged. Additionally all taxable persons when they deliver taxable supplies of goods and services to non-taxable persons are obliged to issue a ‘legal receipt’.

The penalty if in default is equal to 20% of the value of the transaction for which the ‘legal receipt’ should have been issued.

Any person failing to issue such a receipt shall be deemed guilty of an offence and be subject to a fine not exceeding €1700 or imprisonment up to 3 years or both.

The legal receipt must contain the following:

• Issue date
• Serial number
• Name, address and registration number of the taxable person
• Adequate description of the goods or services offered.
• Total amount payable including VAT
• For each rate of VAT, the total amount payable (including VAT) and the applicable VAT rate
• Indication of whether the transaction involves advance payment, part payment, cash payment or otherwise.

When an invoice is paid in cash, then there is no need of issuing a ‘legal receipt’ as the cash invoice is also a receipt.

The Income Tax Law changes- Effective as from the tax year 2012

a)      Loans or other financial assistance provided to individuals who are directors or shareholders.

• In such a case, the director or shareholder is deemed to have received a monthly benefit equal to 9% per annum, calculated on a monthly basis.
• This measure also affects the spouses and second-degree relatives.
• This benefit will be taxed and paid through the Pay As You Earn (PAYE) system.
• This measure abolishes section 39, according to which interest was deemed to accrue to the company at the rate of 9% on the debit balance.

b)      Employer contributions to be treated as deductible expense for tax purposes.

• Employer contributions to Social Insurance Fund, Redundancy Fund, HRDA Fund, Social Cohesion Fund, Pension Fund and Provident Fund are deductible for tax purposes only if paid in the year they are due.
• If paid within two years from the last date these were due, then these contributions will become deductible in the tax year these are paid.

The Special Contribution for the Defence Law changes – Effective as from the tax year 2012

a)      Increase of Special Defence Contribution (SDC) rate on dividends

• The SDC rate on dividends paid or deemed to have been paid has been increased from 17% to 20% for a period of two years, beginning on 1^st January 2012 until 31^st December 2013.

b)      Special Defence Contribution (SDC) on dividends paid indirectly more than four years from the end of the year in which the profits arose.

• In such a case the dividends are subject to SDC if the shareholder is Cyprus-resident, irrespective of whether the shareholder is a company or individual.
• In the case where dividends are declared from profits arising directly or indirectly from dividends on which SDC has been paid, these are exempted from the payment of SDC.

The Special Contribution by the employees, self-employed and pensioners of the Private Sector Law

• This law covers private sector employees, self-employed persons and private sector pensioners.
• Special Contribution will be imposed on the total gross income of the above persons.
• In the case of private sector employees or pensioners, the employee or pensioner will be paying 50% of this contribution and the remaining 50% will be paid by the company and will be withheld and paid in accordance with the PAYE regulations.
• In the case of self-employed persons the declarations will be made on a form approved by the Commissioner of Inland Revenue and paid via the provisional assessment system in three installments.
• This contribution will be deductible for Income Tax purposes, both for the employer and the individuals.
• Special Contribution does not apply to the following:

-          Retirement bonus

-          Payments from approved Provident Funds

-          Remuneration of the crew of qualifying Cyprus ships

-          Reimbursement of expenditure paid on behalf of the employer

The rates of special Contribution are as follows:

The above Law is effective for the period from 1^st January 2012 until 31 December 2013.

Cyprus Corporate Services Multilysis Services Limited

Cyprus Lawyers N. Pirilides & Associates LLC

The ‘completion’ of a property transaction

According to Cyprus Law, a buyer of an estate in land (immovable property) is legally obliged to pay Property Transfer Fees when the ownership of the property is transferred under his/her name. Once the fees are paid a title deed for the property is issued and the buyer acquires the status of the registered legal owner of the property. It is worth noting, for bureaucracy reasons, that the payment of fees can be effected at the local District Land Office, where the property is located, either by cash or alternatively by a cheque. However, a buyer who chooses to pay transfer fees by the latter option i.e. by a cheque must bear in mind that the process is likely to be delayed as both the cheque and the paperwork concerning the issuing of Title Deeds will be sent to the District Land Office of Nicosia for approval.

Economic growth stimulation

It goes without saying that the property sector in any jurisdiction and more specifically property transactions are sometimes complex, time consuming and on some occasions problematic. The Cypriot Parliament in a need to stimulate economic growth in a sector that has been vigorously affected by the economic crisis took the initiative and unanimously agreed to abolish or reduce Property Transfer Fees enhancing in this way the healthy and speedy operation of the District Land Offices. There following for amendments will be applicable for only 6 months as from 2012, 2011.

Who are affected?

• There will be no transfer fees for those who pay VAT on the purchase, of immovable property 50%

• Property transfer fees are to be reduced by for purchases of immovable property  on which VAT is not imposed.
• Further, the same benefits are also enjoyed by those who submit applications under the provisions of the Town Planning Amnesty extending in this way the applicability of these amendments, supporting the middle class and thus creating the potentials for economic growth

How the Property transfer fees are calculated?

The Land office has the authority to calculate the transfer fees on a property based primarily on the assessment of the market value of a property at its date of purchase. Transfer fees are calculated when the Land Office believes that the price of sale is not accordance to the market value. For example if somebody buys an estate in land for €100.000 and the Lands Office believes that its worth is €120.000 the buyer will be called to pay the transfer fees for the amount of €120.000.

The Lands Office’s valuation can be questioned and the buyer can pay the increased transfer fees under protest requesting the Lands Office to carry out a detailed valuation by inspecting the property in question.  There is an indicative period of 45 days for objection.  The applicant who objects must submit a valuation duly reasoned and authorized by a valuer.  Additionally, if there is no agreement on the value the buyer can object to the Court.

Cyprus Lawyers N. Pirilides & Associates LLC

Payment of Taxes through the JCC Smart website is now possible!!! The Cyprus Tax Authorities have introduced a new method for the payment of taxes.

The payments can be effected through the JCC Smart website which allows payments to be made by Credit Card.

This method of payment is restricted though, for the time being, to the following circumstances:

1. The amount due is not more than €1000 and 
2. The tax is not overdue and
3. The liability is in respect of the following

• Personal income tax withheld at source (PAYE) or

• Self-assessment of income tax due or

• Withholding or self-assessment of Special Defence Contribution on interest, rent and dividends or

• Self-assessment of Special Defence Contribution in case a deemed distribution applies.

Additionally, regarding payments of tax relating to provisional tax assessments or assessments raised by the Tax Authorities, the aforementioned procedure is not yet applicable.

Cyprus Corporate Services Multilysis Services Limited

Cyprus Lawyers N. Pirilides & Associates LLC

The second best deposit worldwide is that of Aphrodite

The finding of 7 trillion cubic feet of natural gas in Plot no.12 has overjoyed the Cyprus Government as the quantity is large and significant.

 This is the second largest submarine deposit found in the last 10 years worldwide, after the Leviathan.

As the Head of the Group of experts of natural resources in Cyprus has explained in a recent TV interview in Cyprus, the reason that the NOBLE Company appears relatively modest, is not only for not being exposed but also because they may be ‘punished’ if they announce larger amounts than those eventually found.

The first estimates, he added, are always conservative, while the second ones, the so-called “evaluation”, are those that show the anatomy of the deposit and provide better, more accurate assessment.

In order to complete the procedure of the evaluation drilling, the Head of the Group of experts said that it would take much less time since the information from the first borehole is being used and consequently NOBLE Company proceeds no longer blindly.

The estimates for other plots are also positive, since there are similarities in the geology of the region and there are geological structures for the existence of hydrocarbons. This of course will and should attract even more investors.

“With American values it is calculated at 30 billion dollars”.

Cyprus Corporate Services Multilysis Services Limited

Cyprus Lawyers N. Pirilides & Associates LLC

It is very easy to pass by the cultural places to visit inCyprusdue to the beautiful beaches, hot climate and many dining and clubbing venues and also many leisure facilities.  Cyprus is full of wonderful and interesting history and for those who can take a little time out to visit these places you will be very surprised just how much the culture, artefacts and monuments will take your breath away.

NICOSIA (Lefkosia)  The Capital Of Cyprus

• CyprusMuseum
• St. Johns Cathedral
• Venetian Walls
• Laiki Geitonia
• Handicraft Centre
• LeventisMuseum
• The Archbishopric

Limassol ( Lemesos)

• Limassol Castle
• Kolossi Castle
• Municipal Gardens and Museum
• Temple of Apollo
• Ancient Amathus
• Phassouri Vineyards
• Cyprus Wine Museum

LARNACA (Larnaka)

• Church of St. Lazarus
• The Salt Lake
• LefkaraVillage
• Pierides Museum
• Church of Panagia Angeloktisti
• KornosVillage
• Stavrovouni Monastery
• Choirokoitia Neolithic Settlement
• Hala Sultan Tekke

PAPHOS (Pafos)

• The Harbour
• The Castle
• Tomb of the Kings
• TempleofAphrodite
• Paphos Forests
• St Pauls Pillar
• The mosaics – Petra tou Romiou

FAMAGUSTA

• AgiaNapaVenitian Monastery
• SeaCaves-CapeGreko
• AgiaNapaHarbour
• Paralimni old shopping centre
• Thalassa Museum

And of course not forgetting the truly amazing Troodos Mountains where you will see the whole ofCyprus and meet some very culture and historcail villages upon the way.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 22ND NOVEMBER 2011

Legal Consultants in Famagusta – Review – Cypriot Folklore

We wanted to enlighten our readers to a delightful treat for all the family situated in the heart of Aradippou on the outskirts of Larnaca.

It is very easy with everyday up to date and modern living to forget the true culture of Cyprus. In Aradippou stands the Kostas Kaimakliotis folk museum where you will find a building full of Cyprus culture and the way traditional Cypriots used to live it is perfect!

The building itself is a picture of the traditional home perfectly restored and preserved to the highest standard. The building consists of a traditional family living quarters filled with traditional furniture most commonly used by Cypriots but not so much use din today’s living.

In another room you will find the traditional weaving machine which was used to weave the traditional Cypriot silk and woven materials. This weaving machine is still in use today in the old traditional Cypriot villages and is very much a tourist attraction.

There is a kitchen with all traditional utensils and also an agriculture room of course with Aradippou being such a larger contributor to the agricultural sector for hundreds of years and also a room dedicated to all Cypriots craftsman.

It is truly amazing and feels like time has stood still and left this building in perfect condition for the world to see. This is how the people used to live and work and what a beautiful experience into the true Cypriot folklore tradition.

It is definitely a must see and there is no charge to visit the Kostas Kaimakliotis folk museum.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 23RD NOVEMBER 2011.

Lane 1 – This lane is the lane to the far left. It is used to drive as normal as you would on any road or highway. National speed limit applies.

Lane 2 – This is the middle lane on a 3 lane highway. This lane is used to overtake cars in lane 1.  This lane is not to be used to drive normally for long distance. It is used only for over taking and then you must manuver back into lane 1.

Lane 3 – This is predominatly called the fast lane. It is used for over taking cars that are going at a slower pace in lane 1 and 2.  It is also used for when there are traffic queues to overtake in a bid to ease conjestion. This lane is again only used for over taking as in lane 2 not for normal driving as in lane 1.

DO NOT

Do not stay in lane 2 and 3 all the way to your destination these are for overtaking only to ease congestion.

If someone is driving too slowly or using lane  3 as their normal driving lane do not overtake by going into lane 2 on the inside  this is very dangerous. It is better to indicate with your lights that they must manuver  to lane 1 or 2 in order for you to overtake.

Do not drive to slowly on a motorway even in lane 1 there is a national speed limit which not only applies to speed but also to lack of speed. The speed limit is 100kilometers even if you are driving in the fast lane.

If you require further information on how to use the highway look this up on the internet or visit your local police station.  For citizens travelling on the new 3 lane motorway in Cyprus they have been given a 2 week grace period anyone caught not abiding by national motorway laws will be penalized in accordance with Cyprus laws.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 18^TH NOVEMBER 2011.

Lawyers inFamagusta- Review – Cyprus Zoo

Did you know that Paphos is the third largest bird park inEurope? You learn something new everyday.

The park was originally built to house the large bird collection and has now expanded to other wild and wonderful animals becoming one of the islands most frequented animal parks inCyprus.

New to the clan is 2 white lion cubs flown in all the way fromAfrica.  And what a treat they are. They are beautiful species and have taken toCypruslike their own home.  Of course coming from such a hot climate it has made it a lot easier for them both to settle in.

They are very well taken care of and have spacious living conditions and it is hoped once they are of the right age they will breed andCypruswill have its very own white lion family.

The animal park has many different animals for a truly enjoyable day out consisting of zebras, giraffes and 2 very unique white wallabies.  The park is also home to kangaroos of which have just given birth to a new member to the family.

Mr Christos Christoforou is the owner of the park and seems to be doing a fantastic job taking great care of the animals and making sure they receive nutrious diets keeping all the animals in the best health.

This is a great day out for all seasons and all ages, its something different and you will definitely fall in love with a lot of the animals homed in the Paphos Bird and Animal Park.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 22ND NOVEMBER 2011.

A&G Kouzali Cypriot Lawyers – Review – Weaving In Cyprus

Weaving was very popular back the day but as time passes and the generations become more engrossed with technology the Cyprus old traditions have sadly lost there way. Plus with cloth becoming so cheap to import weavers quickly became a thing of the past and the skill to weave was also lost.

You used to find weavers in every village in Cyprus weaving away on the old traditional weaving machine making many beautiful and useful cloths now it is very far between and mainly just for tourist attraction. It is also very hard to find the old weaving machines called ‘looms’ except as we said for tourist attraction.

Nicosia and Famagusta were very famous for weaving silk and this was exported internationally through the port, also Lapithos was very popular for weaving silk found near Kerynia this was many years ago. This Cypriot tradition eventually lost its way in the 20th century when eastern countries began to offer expert silk at very low prices.

You can find in Strovolos Nicosia a workshop operated by a certain gentleman wanting to keep the tradition alive and even revive the tradition and he goes by the name of Rolandos Loucaides.

Mr Loucaides studied the whole weaving mechanics, purchased a loom that was still in perfect working condition and away he went. further studying the techniques and fabrics and bringing back to life the hand woven Cyprus clothes which can be found hanging in the shop window and all around his shop.

This is a definite place to visit when you are in Nicosia for locals and tourists. we should all visit such places and show our support in keeping such important Cypriot culture alive. Not only is it very interesting but you will also find some really traditionally and unique beautiful pieces to definitely be treasured.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 24TH NOVEMBER 2011.

Cyprus Lawyers – review – Polish Business in Cyprus

Quite recently it has been noticed that the Polish are very interested in Cyprus for business investment with Polish registering companies here on the rise.  This is more great news for Cyprus.

It appears the tourists and business sectors inCyprusare actually doing very well we just can not come to grips with the property market and getting that right!

The Polish have set their eyes on Cyprus due to the double treaty policy in place and the fact that we have very low tax regimes.  10% corporate tax is still the lowest inEuropeand is attracting more and more international companies’ everyday.

Let us hope and pray the government do not change this in the new austerity measure that will very soon have to take place.

The relationship between Cyprus and Poland is becoming very strong and the Polish Cyprus Chamber of Commerce have recently held an event in Paphos named the Polish Cypriot investment forum running which ran for 2 days to promote business between the two countries and what Cyprus has to offer to such interested parties.

The event went so well the Polish Cyprus Chamber of Commerce plan to make this a continuous annual event in order to really promote their relationship. And with Poland being such a sizeable country it is most certainly in our best interest to promote Cyprus.

We are very happy with the vibrant business centreCyprushas become for internationals and very proud we have so much to offer regarding business investment. If we can operate the property market in the same fashion as our business market we are good to go!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 25TH NOVEMBER 2011.

Cyprus Law Firm – Review – Cyprus Wine

Wine producing inCyprushas been in operation since the island was born.Cyprusis in the top 40 countries for wine production and produces 40,000 tons of wine every year.

The first commercial wine company was formed in 1844 this was when residents actually decided to make revenue from the wine before hand it had been made for local use only.  The company was called ETKO.  Since then the wine industry expanded and there were 4 main wine producing companies inCyprus. ETKO, LOEL, SODAP and KEO.

From the past years export of wine became big revenue for theCyprusIslandand smaller wineries began to emerge. Of course as time passed and new laws come into action and with accession in to the EU many things have changed.

Many positive things have happened for the wineries and many new wines have been and still are being produced to be recognised on international levels.

Cyprus is now a well known wine producing country producing top quality wine and the many vineyards scattered around Cyprus and the wineries themselves where visitors can visit for wine tasting tours are an absolute treat.

The wine industry inCyprusis so popular now thatCyprusholds wine festivals where many nationals from all over the country come to visit and wine tasting competitions take place inCyprusand internationally.  The EU now helps 122 wineries inCyprusto harvest their produce that’s how far the wine industry has come inCyprusand evolving everyday.

You can also visit theCyprusWineMuseumwhich is a fantastic day out for all the family where you can taste some of the most famousCypruswine and learn all about the wine industry spanning back over 5 decades!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 24TH NOVEMBER 2011

Cyprus Lawyers – Review – Thomas Cook Bankruptcy

There maybe devastating news on the horizon  for Thomas Cook one of the UK’s longest established tour operators and one of the main players within the European tourism market as reports show that bankruptcy maybe on the cards.

This is really sad to hear, when people ask who to go to for flights and holidays Thomas Cook is always one of the first to be mentioned. Thomas Cook are a part of tourism history so to speak!

Thomas Cook brings flies approximately 300,000 holiday makers toCyprusand is a leadingCyprushotel operator this would be a huge blow to theCyprustourism market and most definitely to the UK tourism market not forgetting they employ exactly the same figure as above that is a vast amount of people joining the unemployment lines.  Thomas Cook is also responsible for flying over twenty million passengers worldwide!

These reports are not cemented as yet and hopefully a solution to the financial issues Thomas Cook are experiencing can be achieved we do hope this will happen as it will be a very sad day for many.

A lot of the Middle Eastern unrest and natural disasters that have taken place have played a major roll in this situation and the company now need approximately one hundred million to carry on their operations and that is a tidy sum to find.

Paphos and Limassol will be hit the most by the loss of Thomas Cook short term obviously other tour operators would accommodate these passengers but on the whole the out  look is not good. This is a sign of the current times and could be very much future times for many more tour operators to follow.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 28TH NOVEMBER 2011.

Legal Consultants – Review – 20011 Tourism

We inCyprushad a great summer season this year for 2011 when many gave up and thought the holiday sector was doomed. It was a fantastic surprise and that’s exactly what it was a surprise to everyone.

Next year for 2012 is expected to be even better! What we found very encouraging was the reception from theUKholiday market who we thought had leftCyprusbut turned out to be quite the contrary.

What we have to remember is theUKhas been hit very hard with the financial recession as have many of us but they still remained loyal toCyprusand came to visit our beautiful island.  Arrivals were definitely up on last year and this is very promising.  Even if next year stays at the same level it is still an achievement in the current financial climate.

Cyprusis looking to promoteCyprusfurther of course with all the main travel tour operators in theUK. If we could only drop the prices that tourists have to pay on everyday shopping we could really boost our island back to how it used to be.  This is something the government should really take a look at.

Bringing in a regulated and legalised tourist consumer price list that retail businesses must abide by would be a fantastic concept in helping keep tourism boosted.

Tourism was up on a whole from the Russian, German, Scandinavians, through to the Swiss, UK and Irish it was a motivational year and we hope and pray for this to continue but we must work for it and not even begin to sit back thinking our job is done our job is never done!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 21ST NOVEMBER 2011.

Paralimni Lawyers – Review -Turkeyand earth quake situation

Turkeyhas been hit by yet another earthquake, not so big as the last one by any means but due to the lack of adequate assessments from the last earthquake, many buildings that were originally given the go ahead after the first quake have collapsed now due to the second quake.

Many citizens are rampaging through the streets shouting for the governor to step down from his position due to the lack of care for the people. Citizens are still living in tents from the last quake and many are freezing and hungry.

It is unsure how many deaths this quake has taken but at least 8 have been counted with many missing. Rescue teams are underway but the citizens are not at all happy with rescue  procedures and aftercare from the government.

This is the same country that is fighting for a nuclear plant, this is the same country situated right next toCyprusfighting for a nuclear plant and also experiencing earthquake after earthquake.  We reiterate ifTurkeycontinue to fight for the nuclear plant they are comiitting public multiple suicide.

If the Turkish government are not capable of handling such disasters as this adequately,  how on earth would they handle the situation if an earthquake affected the potential nuclear plant.  We saw the effects ofJapanhow wouldTurkeydeal with that situation?

Our thoughts go out to those affected by the quakes we do hopeTurkeyget their act together in order to help their people!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 21ST NOVEMBER 2011.

Lawyers in Cyprus- Review – Government Benefits

Well you learn something new everyday! Did you know that politicians and even former politicians were allowed such a high amount of security for their protection?  Did you know that little under 10 million euros is spent each year on politicians security every year?

Well now you do know and now we know that we pay for it. The country is bringing in strict austerity measures to avoid an EU bailout and our politicians’ even ex-politicians are spending 10 million euros every year on their security this is ludicrous!

Many people are sitting hungry and not knowing how to pay their rent and electric bills and politicians are walking round with 10 police officers.  Some of which have been reported to be doing jobs like washing cars and carrying shopping  come on now are you serious…?

It is no wonder the EU are enforcing instance fines on governments failure to cut government spending.  We are such a small island who do they need such security against?  Even huge pop stars do not have this amount of security.

Lets get real Mr Politicians 120 police officers to look after your shopping and make sure your cars are clean this is not at all acceptable by no means.

It has also come to light that politicians also enjoy the benefit of duty free cars imported in toCyprus…why? The public are sick and tired of paying for the government while they live in luxury it is not fair and should now be taken very seriously when we are in such serious financial trouble.

The government really must get their house in order give up some of their over the top benefits and let the public eat healthily!

Published by a&g Kouzali law office on 25th November 2011

Property Lawyers inCyprus- Review – Cyprus- Property Market

Its good news folks one of the leading overseas property polls reportsCyprusis in fourth place out of 40 worldwide countries for property investment and is still climbing the ladder.

Top of the Props recently published in a leading property news magazine lists public interest in worldwide countries.

Taking the lead isSpainbut in shared fourth place is Cyprus and Turkey together with Thailand coming in 5th place.

This is great news for us we have had many blows recently both of the fault of Cyprus and their laid back policies and also through no fault of our own such as the Mari blast and the world wide economic recession.

The Cyprus government are stepping up their game and bringing in policies to lure investors back such as the Title deed reform and now we are waiting for the reduction in VAT paid on properties and the abolishment of transfer tax. To date this is not final but it would surely show worldwide investors we are making a huge effort to right our wrongs.

I know we keep saying this but it is so true that there are so many bargains in Cyprus due to all the setbacks we have had and it is a buyers market and with the government doing all they can to win back popularity and not wanting anymore bad press investors are a lot safer now than ever before.

Moving up the Top of the Props chart is excellent motivation forCyprusto carry on doing all they can to get us to number one where we feel we deserve to be.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 17 TH NOVEMBER 2011.

Cyprus Legal Consultants – Review – World Aids Day 2011

The 1st December is world AIDS day.  AIDS is a disease not so much talked about in Cyprus due to very low numbers being reported but do not be mistaken there is AIDS in Cyprus and this should not be ignored.

Approximately 35 million people have aids in the world and interestingly enough when we think of Aids we think ofAfrica.  It is very true Africa has a very high amount of aids but this is only brought to our attention because they have very little money for treatment, education and contraception butBrazilactually has the highest cases of Aids and theUSAis also a front forerunner.

Cyprusfigures are very few amounting to maybe 1% of the population but this the figure must be halted and continuous education and the ready availability of protection should be promoted and pushed drastically if we are to keep these numbers from rising.

Some positive news for world aids day 2011 is that fewer cases around the world are being seen, infact aids related deaths are 20% lower than in previous years and reported new cases have decreased over 20% than previous years. Which means people are now taking note and playing it safe!

It is reported that out of a ratio of 5 cases 1 in 5 HIV/Aids are female cases and the other 4 out of 5 cases are male.  Such cases reported inCyprusare between the ages of 20- 40 and while some cases are of persons who live a broad over half of the cases are permanently resident in Cyprus.

While medicines are being created to help the condition and research is a high priority to find a permanent cure as it stands prevention is the only cure this is what we must promote.

Our Children must be fully aware of what aids is, how you catch aids and how to prevent aids.  As we said we are very lucky inCyprusto have such few cases on theIslandbut still more must be done to eradicate this disease all together. To start with there should be clinics around the island giving away free condoms to all, and

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 29TH NOVEMBER 2011.

Cyprus Law Firm – Review – HIV/AIDS

What is HIV/AIDS

HIV is a disease that seriously affects the immune system.  Once the immune system is attacked by HIV the body deteriorates and is then wide open to catching many infections.  HIV Human Immunodeficiency Virus has no cure at present. People can live for many years with HIV and now with the creation of different medications HIV carriers can live a longer more normal life.

HIV symptoms can take many years to show themselves which is why it is import to be tested regularly if sexual intercourse has or is taking place.

HIV can however evolve into AIDS which stands for Acquired Immunodeficiency Syndrome. AIDS is when HIV can no longer be controlled and the immune system no longer works giving in to all the infections and cancers attacking the body.  The transgression period from HIV to AIDS can take anything up to 10 to 15 years if not longer especially with designed medication.

How you contract HIV

HIV can be contracted through the transfer of male and female sexual fluids or blood.

You can catch HIV by performing unprotected sex.  This includes oral, anal and vaginal sex. Many people are ignorant to the fact that oral sex can transfer AIDs that is a very naive and big mistake to make.

You can catch HIV by sharing needles and syringes

Babies can catch HIV before during and after birth and by being breast fed.

You can catch HIV by blood transfusions but this is very rare as blood is very carefully screened.

You can not catch HIV by touching, hugging, kissing!  Saliva does not carry HIV.

PREVENTION IS THE ONLY CURE FOR HIIV/AIDS IF ABSTENANCE IS NOT AN OPTION PROTECTION IS YOUR ONLY OTHER AVAILABLE OPTION.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 29TH NOVEMBER 2011.

Lawyers in Famagusta – Reviews – Cyprus Forst 3 Land Motorway

Cyprus offcially has its first completed 3 lane highway accommodating thousands of cars each day travelling into Nicosia.  However, citizens do not actually know how to use a highway.

This is quite funny when you think we are in the 21^st Century!

The 3 lane highway has taken little under 2 years to complete and was devised to help the long queues of traffic travelling into the islands capital everyday.  Previously  it would be very common to sit in queues for quite awhile and now hopefully the highway will prevent this.  The main reason for this new highway is the hope that it will cut down the amount of road traffic accidents. This wont take affect until citizens actually know how to use it properly.

The police however, have issued a warning to car travellers to do their homework on how to use a motorway as they are only allowing a 2 week grace period for those who are not using it correctly.  Anyone  caught not using the highway correctly after the 2 week period will be penalized in accordance with the traffic laws.

To be fair the UK has had motorways since before time and people still dont know how to use them so for the Cyprus Island to get used to it in 2 weeks is asking alot. It is very simple to use but some travellers either one can not be bothered and drive how they like or two really do not know and drive where they feel more comfortable.

The new motorway starts from the Larnaca/Limassol highway connect straight through to Nicosia.  The whole project costed around over 30 Million euros and was actually completed beofre schelue wow thats a first also for Cyprus!

Congratulations for the first 3 lane motorway in Cyprus!

Check out our article on how to safely and correctly use the new 3 lane motorway.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 18^TH NOVEMEBR 2011

Legal Consultants in Cyprus – Review – Cyprus declining Small Businesses

At a time when the government are looking to tax businesses in an effort to combat the countries growing deficit, small business owners are struggling more than ever and are shouting out for some kind of reprieve.

Small businesses on the island actually keep over 60% of the islands population in employment but with such financial turbulence this could soon change. These small businesses are asking for their banks loan instalments to be halted for a period of 2 years and additionally no further bank charges.

Will these be met …very unlikely. Not at a time when banks themselves are under so much pressure.  It is a vicious circle!

This is not a request but a demand and if their demands are not met such establishments intend to come together to stage protests. It will also see the Cyprus employment lines plummet by the end of 2011 to a historical high as they can no longer afford to keep staff on.

It is very easy to see how much the small retail businesses are struggling the streets are empty of shoppers and each and every day commercial properties are coming on the market for rent and sale. We have main streets becoming totally void of activity.

At the same such businesses have not helped themselves by imposing high consumer prices which has resulted in loss of business especially with regards to the tourist sector.  The hotels offer very good deals on all inclusive holidays and realistically by the time you have finished spending in the local tourists’ shops it proves more economical to book an all inclusive holiday!

Keeping prices low short term may cause a loss but long term would bring more business it is common sense but not practiced common sense.

We feel the small businesses will have a good fight on their hands and we will most definitely be seeing higher figures in the employment sector.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 27^TH NOVEMBER 2011.

CyprusLawyers _ Review – Greek Banks

The Greeks are now panicking and taking their savings out of the Greek banks and sending their cash to other countries such asSwitzerlandandGermanyand even theUK. Many of the wealthy are even forgetting about high interest rates and putting their cash into safe deposit boxes where it can not be touched.

Greek Bank Bonds are simply not the way to go to keep your cash safe and high interest rates are not enough to keep the customers happy anymore. Customers want their savings in cash bonds are now a liability.

Some are tempted to put their cash under the mattress and have only refrained obviously because of security issues. It is very uncertain times for the Greek people.  Most of us just do not have the money to put in to banks at all!

With talks ofGreecebeing forced to withdraw from the Euro the affluent citizens ofGreeceare pulling out their money at a very fast pace andCyprusmay not be very far behind with talks of EU bailouts on the horizon.

Of course over a period of time and continuous withdrawals from the Greeks banks from high level clients it is definitely going to have an affect on the banks.

However, reports show this is only happening with the Greek nationals and most of the other European countries are still quite happy to keep their money where it is.

The Greeks are very scared and they have every right to be the government have not looked after its people.  We are on very shaky groundGreecedefinitely andCyprusnot far behind!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 25TH NOVEMBER 2011.

Lawyers in Paralimni – Review – Cyprus Driving issues

It’s that time of year for car drivers to take their cash out of their pockets once again. Its time nearly time to renew your car tax and we like to remind you every year so that hefty fines can be avoided.

The police are now looking out for unroadworthy cars not just for tax dodgers.  Many car drivers may not be a ware that if you do not hold an MOT certificate then your tax and insurance is void.  You can not beat the system you must have all three certificates to be legal to drive on the roads.

This is your MOT, TAX and Insurance. Without one you can’t have the other.  Even if you have a long tax certificate but your MOT has expired or soon too expire you are not insured.  It is a continuous circle.

And have no doubt the police are on the case for tax and MOT dodgers it is a form of revenue for the state so of course they will be out in force.

So do not delay this year in renewing all your certificates and drive legally. It is hard times for everybody but by taking a small amount of cash out your pockets to be legal could save you a high amount of cash from your pockets for being illegal.

It is also coming up to Christmas and the Christmas spirit is staring to kick in so we urge all residents to leave the car keys at home this year and do not drink and drive.  This is the time of year when many accidents and deaths occur due to drink driving.  Do not risk it the drinking limit is lower than ever before and the laws are a lot stricter and rightly so!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 25TH NOVEMBER 2011.

Legal Consultants inCyprus- review – Cyprus Gas Search

The drilling for Gas byCyprusand the continuous threats byTurkeyare still ongoing. Cyprusis to start a second round of drilling believing there is enough gas trapped under the sea to lastCyprusenergy needs for many decades. And having every right to the gasCyprusare taking full advantage of this and rightly so…who wouldn’t!

However, Turkey believe that while the island is divided the gas search should not go ahead and have proceeded in signing a maritime accord with North Cyprus which they believe give them every right to also drill maybe in the same area and having made a deal with shell Turkey are going all out for a gas find.

TheRepublicofCyprusclaims this to be illegal and nothing but bullying tactics!  It is very much hoped the gas search will speed up peace talks and Cypriots all over theCyprusIslandwill enjoy benefits of such find. But on the contrary many are in unison that the Gas issue is only going to hurt the peace talks due to the threatening nature ofTurkeyand the resilience of theRepublicofCyprus.

The law is the law why is there so much drama going on.  IfCyprusis following the law why isTurkeybeing allowed to get away with not following the law.  Why areTurkeyso powerful that no one can say to them stop what you are doing and go home and stay home?  Why areTurkeyalways there causing trouble and no one stopping them?  The Law is the Law locally and internationally or is it a free for all?

Carry on drillingCyprusand enjoy the benefits as the law says we can.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 30TH NOVEMBER 2011.

Paralimni Lawyers – review – Domestic Violence Campaign

Due to the major rise in domestic violence the world will take part in a 16 day event to publicise this issue.  Many women and children and sometimes men are violated everyday both physically, sexually and mentally and the problem is growing and not enough is being done to help the victims.

Cyprus is also taking part in the 16 day events which we are very proud of and this starts today 25^th November until 10^th December but it does not mean public awareness will stop there our efforts must be continuous to stop this from happening.

In Cyprus alone there are approximately 5 complaints every single day and we do not have the means to deal with these cases. Maybe only a third of all cases requesting refuge are given it as we do have the facilities or the staff.  This is just Cyprus and it is not just a case of calling the police to help it goes a lot deeper and further than this as we have explained in our previous articles on domestic violence.

Throughout the 16 day public awareness campaign there are lectures taking place, art exhibitions, media, TV and radio coverage and badges being handed out throughout the centre of Nicosia.

The majority of domestic violence in Cyprus is reported by Cypriot women with the majority of perpetrators being Cypriot men.  Not only does this affect the victim but it also affects many children who live in the same household and their state of mind.  Imagine seeing your mother being violated even just once let alone repeatedly.

We must make a stand not just the women but also the men to stop the cowards from doing this to others who are weaker than themselves.  Make your voices heard have your say and support the world in this campaign and further more!

PUBLISHED BY A&G KOUZALI LAW OFFFICE ON 25^TH NOVEMBER 2011.

Property Lawyers inCyprus- Review -London’s Festive Season

Well the UK may be experiencing a very difficult recession but they are not letting go of the Christmas spirit this year.  London actually looks brighter than ever infact all we can say is WOW it looks truly amazing…New York Christmas in London!

And with flights from as little as 45.00 Euro return from Cyprus it is very tempting not to take a visit this year. We inCyprusare so scared to put up our lights due to the high electric costs there’s just no comparison.

First of all you can visit the Hyde Park winter wonderland which homes spectacular ice skating rinks, unique and exquisite market stalls, bars. Cafes, restaurants, fair rides and not forgetting Father Christmas winter wonder land is expected to be bigger and better than previous years.

You can take a ride on the London eye and gain full view of the bright lights of London and also visit Trafalgar Square for the gigantic Christmas tree. Don’t forget to visit convent garden for those reindeers and choirs and not forgetting all that shopping and eating out in so many different places we just can not begin to list them all.

It’s a magical time in London and greatly deserved after such a bad year.  It’s great to see even after all said and done the Christmas spirit is staying and nothing is stopping it.  A quick trip to London may very well be in order for 2011-2012.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 29TH NOVEMBER 2011

Cyprus Property Lawyers – Review – Offshore Assets

For those UK nationals who invested in property abroad thinking their assets were safe from the tax man….Think again! The tax man is out to get you!

Her majesties Revenue & Customs has set up a new investigative team to concentrate solely on finding individuals with assets abroad in order to collect any tax payable by them.

This is because of the EU laws that allow the tax man to collect any unpaid tax from other countries, they can even go in to your bank account and take out your money or seize your assets and your permission is not at all required.

The co-ordination between different countries and land registry offices means that all information is readily available and it may not be a speedy process but they will get to you eventually.  In order to avoid heavy penalties it is advised to declare your property abroad before they find out this way they may just close the case without penalties.

This is only one sector by the HMRC they also have a specialist team working on individuals who keep income and assets offshore in order to avoid the tax man.  It is just no longer possible to hide such finances due to data now being available to them.

There’s no where to hide and with the economic crisis as it is of course all will be done to crackdown on such activity it is undeclared income and tax that will help towards the government debt.

So the warning is get your house in order now as to not look like a tax cheat or face the consequences!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 30TH NOVEMBER 2011.

Lawyers inCyprus- Review -CyprusDeficit – Completed on 21st November 2012

It is thought very unlikely thatCypruswill reach the EU directive on the country’s deficit in the given timeframe.  This means further sanctions and more pressure on the public to cover the sanctions we are sure about that!

The targeted percentage to reach by 2012 is below 3% however thoughts are we will be lucky to see below 5% which could means instant fines toCyprus.

Austerity measures proposed have been repeatedly discussed and rejected and the government have yet to agree on such austerity measures that will help the deficit.  Very little has been done to cut expenditure especially when it comes to the state payroll its self.  And who will this fall on the public!

The government are now on a tightrope to secure tough austerity measures to make sure the deadline and targeted percentage are met.

Its is all fine and dandy the EU forcing states to make sure this happens but by enforcing more sanctions as we have said before only bears more pressure on us the tax payer.  Can the EU not add a clause with the sanction that the public must not pay for the governments mistakes and the government must carry the burden alone…yes this is a dream of course!

It is thought that 2013 will be the year to see positive growth whereas 2012 will remain stagnant and the key to keeping 2012 turn into a negative year will be the hope of another good year for tourism.  The rise in VAT to 17% if passed is expected to see the country’s deficit drop 1% which is a big figure so doubt this will be rejected.

Well all we can say is 2012 will be a hard year for the Cyprus public if such harsh austerity measures are needed to avoid an EU bailout but will it be such a hard year for government staff members lets wait and see?

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 21ST NOVEMBER 2011.

Cyprus property lawyers – Studies – New temporary Town & Planning amnesty amendment

In a bid to helpCyprusproperty investors even further the government are hoping to pass temporary policies making theCyprusproperty purchase more beneficial.

Originally reports showed that VAT would be reduced to 5%. Now we hear if a property investor pays VAT on their property then there will be no transfer tax applicable.  For those who do not pay VAT then only 50% of transfer tax will be applicable.

We are ourselves are waiting to hear personally from officials stating the actual facts on this.  The new policies will apparently be in affect for a six month period until a full legislation has been approved by the government.

We have no doubt either way the government are doing what they can to revive themselves and the property markets and help the investor.

The title deed reform although does help the investor did not go according to plan or should we say did not come across clear enough for the investors to fully appreciate how the reform relates to them.

Of course there will be possible clauses/criteria involved and we hope to have the full facts as soon as possible.

We are very happy however, that the government are taking even further steps to help the markets and bring back foreign investment to the island.  TheCyprusmarkets have come to a stand still and a push is definitely in order to get them moving again.

We do hope that the new temporary policies will be made thouroughly clear to the public in order to avoid any more confusion.

We will report further on this subject as soon as the true facts are released to our office.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 17TH NOVEMBER 2011.

Legal Consultants inCyprus- Review – TRNC quality service

The Turkish Republic Northern Cyprus are going all out to promote this side of theCyprusIslandto theUKtourism market and promoting the TRNC on the famousLondonred buses and black cabs.

Flights will also be made more accessible.  Due to the TRNC being an unrecognised state, flights from theUKmust first fly in toTurkeyfor a changeover to then fly them to the TRNC. The changeover time period is now being cut to approximately 30 minutes.

The TRNC andUKare really pushing out the boat to get theUKholiday makers to holiday on the Northern side.

After speaking with many visitors to the Northern side we asked them the difference in holiday quality between the TRNC and theRepublicofCyprusand they believe prices are a lot cheaper and service is of a much higher standard.  They also stated that beaches and public places are of a cleaner standard.

Opinions show especially when dining out and clubbing venues and hotel resorts 5* actually means 5*.  For example members of staff are always at hand before you can blink an eyelid.  They do everything for you from opening your napkin to lighting your cigarette.  This is service.

The TRNC are building many 5* resorts and they have the added bonus of high end casinos which is a very high money maker and tourist attraction.

Of the TRNC holiday makers we asked they believe the service on theRepublicofCyprusis very poor compared to the TRNC and they even noticed how friendly the staff was which they didn’t find the case on the Republic of Cyprus.

So is the TRNC the new place to be its sounds like this may quickly becoming the case! We should maybe have a look for ourselves…Stay tuned!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 21ST NOVEMBER 2011.

Paralimni Property Lawyers – Review – Foreign Banks in Cyprus

The government are having no joy putting together a very much needed strict austerity package in order to save Cyprus from financial collapse.  The government are very much to blame for this state of affairs and their high luxury living and benefits and incapability of handling state finances, has now crept up on them and got them in a total mess.  At the same time they are about to earn their high wage in trying to save the country and do not envy them their jobs at this moment in time.

All foreign banks in Cyprus are in joint agreement that should they be included in any more forced taxes they will pack their cases and leave for more beneficial countries. The foreign banks have reportedly paid over three hundred million in taxes and brought in over one billion in foreign investment.

It would be a huge blow to the island if these banks were to walk this is definitely not the way to go.

The government feel due to the issues Cyprus has faced with Greece there must be a bank support fund in place if needed and both local and foreign banks should all be treated the same.

No matter which way the government turn to bring in cash they are faced with the cold shoulder.  Such as the proposal to tax private companies which we have previously reported on it is just not a fair way to go. And there will be a lot of defiance if the government keep looking to such sectors to pay their debt.

Huge mistakes have been made for many years here on the island and now it is all coming on top the government have no where to turn and which ever way they do turn it will hurt the island drastically.

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 27^TH NOVEMBER 2011.

Cyprus legal consultants – Review – Euro Crisis

Its Christmas time mistletoe and wine … maybe forget the wine this year the mistletoe you can find for free! That’s the feeling this Christmas in the whole of Europe.

With rising consumer prices and decreasing salaries and the threat of countries going bankrupt and the exploding European crisis Christmas is looking very bleak this year.

In one sense it is not a bad  thing as Christmas over the years has become so commercialized and people are succumbing to the influence of having the very best,  so to go back to the basics and the real meaning of Christmas really would be an interesting experience?

However, that’s not reality anymore. Business, revenue and economy are our reality!

Christmas business usually brings in a spark in revenue but 2011 Christmas period looks set to be the same as any other spending period throughout the year.

Everybody is keeping their money in their pockets and even cutting down on Christmas lights due to the cost of increasing energy tariffs.  Many are not arranging expensive nights out over the Christmas period so many dining and event venues may also feel the pinch. Many are only buying presents for their children and not surrounding families therefore retailers may also feel the Christmas downturn.

A common observation is that there is also very little advertising this year for Christmas and marketing budgets are not seen as an investment anymore.  Gone are the days when huge marketing spends created a magical sense of security and Christmas time has now reverted back to the Christmases’ of the last historical recession.

Santa will be making very quick visits around Europe this year!  Even Lapland is feeling the current crisis!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 27^TH NOVEMBER 2011

Law firm on the East Coast Cyprus – Review – UK Financial Crisis

If we think we have it bad inCyprusmaybe we should take a trip to theUKand see how bad they have things at the moment.

When the government inCyprustalks about new austerity measures they have maybe a 2-3 year plan in mind.  But theUKis talking about a 10 year plan. We always think the grass is greener but is it really?

The UK nationals already give 50% of their salaries to the government, They pay poll tax, they pay tax on the weight of their rubbish the dustbin men take away, they pay TV licence fees, infact as soon as you buy a new TV in the UK your name and address must given to register the new TV with the licensing office.

Banks are pretty much in the same boat asCyprus,Britainused to offer high loan to value mortgages those days are very much a thing of the past and mortgages are very hard to come by. Therefore getting on the property ladder unless you are a cash buyer is virtually impossible.  The only reprieve the housing market has is the given tax advantages of renting out theUKproperty

The list goes on and on.  Employment is strife in theUK, many are homeless and even though they have stricter laws, drugs, guns and gangs are the norm. So once again we reiterate is the grass really greener on the other side?

It is thought that a 10 year austerity plan will benefit Britain a lot more than a short sharp austerity plan so UK nationals I don’t know what the government can actually now tax you on as it seems they get the majority of your cash already but it seems you have a long 10 years a head of you!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 28TH NOVEMBER 2011.

Lawyers inFamagusta- Review – 20/20 Youth Federation

Efforts for reunification of the Cyprus Island are taking place throughout the younger generations in a bid that they will actually influence their elders and the politicians.

This is a great idea…Where better to start! The younger generation are the future and they are the ones we must educate from early to stop those taking already very set views from the older generation.

Feelings inCyprusare very mixed. The older generation of Cypriots that lived through the Turkish invasion find it very hard to naturally digress.  Their experiences of themselves and their parents through this time are concrete in their memories but the younger generations have fresher memories and only hear second hand so there is more of chance that feelings on the situation can be overcome!

An event recently took place from young individuals from both sides of theIslandnamely the 20/20 youth conference. The event gives all the youngsters the opportunity to work peacefully together and put forward their ideas for a harmonious reunification.  There were 3 different workshops which allowed them to create posters and videos and declarations which can be used to promote the islands reunification.

The project is organized by both Greek and Turkish Cypriot volunteers of which will be a continuous project and we hope it will bring many more of the younger Greek and Turkish Cypriot generation together and further the relationship island wide between the two sides.

As we have said before it is in the peoples hands more so than the politicians.  The politicians deal with the formalities the people deal with the realities!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 28TH NOVEMBER 2011.

Paralimni Property lawyers – Review – Taxes

In a bid to help the Cyprus overcome the expanding deficit the government are looking at ways to bring in extra cash and this could mean a rise in tax for private business owners on all profit.  Of course companies are not impressed by the least and neither is the Chamber of Commerce nor the Employees and Industrialist federation.

It would be a huge mistake for this to go ahead as we have reported previously.  Cyprus is becoming a well established and thriving business centre throughout Europe.  We have the lowest tax rate in the EU which is why so many international countries look to Cyprus for business opportunities.  To jeopardise this now would be a total disaster.

VAT is also being address in order to make a rise from 15% to 17% and companies are also being asked to pay a temporary levy annually until the crisis is over.  The government also wants to introduce new tax rates for private employees earning over 2,500 Euros.

The government has no money and why because the government have spent it on lets be real… luxuries. We hear so much about how to bring in cash from the public and private sector but what are the government really doing to bring in cash from their own house? Why don’t they drop all the luxury benefits these members have like over the top security, over the top salaries, over the top pensions plus many other benefits that all add up?

The tourist and business sector should not be altered as they are the sectors keeping the island a float if anything, ways to decrease tourist and business expenditure should be introduced to these sectors to our island.

Speculate to accumulate! Leave the public and the private companies alone and look closer to home!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 26^TH NOVEMBER 2011

Lawyers inCyprus- Review – Transfer tax and VAT

The new proposals for the abolishment ofCyprusproperty transfer tax for at least a period of 6 months is not looking good I am afraid to say.

We recently reported how the government were looking at ways to help theCyprusproperty markets and investors and the proposal was to abolishe transfer tax for a certain period until a permanent legislation was put in place.  Or for those who paid VAT a reduction of 50% on transfer tax would be applicable.

However, theCyprusPresident is not at all impressed and looking at it from a financial point of view for the country on a whole he feels that the country would lose a very large amount in revenue and it would make very little difference to the property market.  Definitely not enough of difference to be able to recuperate the amount of money the government will lose.

The VAT issue still stands whereby VAT will be reduced to 5% but there are also catches to this benefit as in the fact that the remaining 10% VAT has to be reclaimed after the sale and providing you fulfil the criteria for the rebate.

It was very touch and go with regards to the transfer tax issue with the government being under so much pressure from the EU to lower the country’s deficit within the EU timeframe and with Greece’s situation and the EU on a whole, of course the President is looking at all ways to bring in funds not give away funds.

It is not certain as yet what will happen on this subject however the Presidents opinion is for the proposal to be rejected therefore we are of the opinion whatever will happen will not happen quite as quickly as many would have liked!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 20TH NOVEMBER 2011.

Famagusta Lawyers – Review – Energy costs affecting Christmas

We have Christmas round the corner once again and sorry to say this year may not be so bright and festive. Why is this?….simply because the cost of energy in Cyprus will make many companies and households think twice about using such high amounts of power.

How sad have things become here that we are now having to cut down on Chrsitamd lights to save on electric bills.

On the good side citizens are also taking into consideration the energy saving factor not just relating to financial costs but also to the general energy saving issue. Especially after the Mari blast explosion.
Many municipalities are only decorating main buildings and many road sides will not be decorated as per usual. Many new types of energy saving lights have been bought. And some municipalities will have time restrictions.
Its a sad state of affairs when Chrsitams comes around and we have to think about energy costs instead of the festive season to be had. But thats how it is folks with regards to the electric here. Every mistake thats made comes to us through our electric bills.

Evem after Chrsitamd we are expecting another increase in energy costs thats a great start for the new year.

Wecan over come this by buying low consumption lighting and having them the lights on at the most convenient times of the day when they will be the most visable.
Many business owners are weary that not lighting up their business will drop the level of Chrsitmad spirit hence drop the level in comsumer activity.
This is a fact of life we just have to deal with at the moment until the government and departments get their house in order!
PUBLISHED BY A&G KOUZALI LAW OFFICE ON 19TH NOVEMBER 2011.

Cyprus Property Lawyers – Review – Agia Napa Cultural places to visit

Agia Napa has so much culture on offer it is very easy to get lost in the party atmosphere. It is very true that Agia Napa is the party capital of Cyprus having many bars and clubs and also many dining venues to choose from.  But if you put that aside and have a good look around there are many very beautiful and wonderful places of culture to visit.

Let’s take a look at the unique and very well preserved Agia Napa Monastery.  The Monastery is situated right next to theAgia Napa Squarefamous for the night life but during the day time it is very peaceful and although it is not used as a place of worship anymore, it is very well taken care of and open for the public to visit.

The monastery is so pretty you have to see for yourself and you get such a feeling of history and peace once inside the Monastery even for the heavy clubbers we feel this is the case! The central court yard is surrounded by delightful buildings and a small and wonderful chapel.  Many newly married couples come here to have their wedding photos taken as the scenery is so exquisite.

It really is a must visit for everyone on their trip to the East Coast.  Also prominent in Agia Napa is the delightful harbour a little walk down from the Monastery.  The harbour boasts many traditional fish taverns and other restaurants and tourist shops.  There are pedestrian walkways around the harbour that is home to many of the local fisherman’s boating vessels and themed cruise ships that take visitors on trips frequently throughout the day.  Totally a must see for all ages.

Also Agia Napa is home to the Thalassa museum.  TheThalassaMuseumis a hi-tech modern building boasting three floors of years and years ofCyprushistory and cultural monuments. The main attraction is the ship known as the Kyrenia II a copy of the original ship built in 302BC.  It is set out as it was found shipwrecked in 1967 on theCyprusshores. You can see this shipwreck from many angles and even stand on a glass floor and look down on to it. There are many many ancient artefacts to see and this is another must see on your visit to the East Coast of Cyprus.

Put one day aside from out beautiful coastlines …. And see the trueCyprusit really will be a worth while memory!

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 23RD NOVEMBER 2011.

The ‘completion’ of a property transaction

According to Cyprus Law, a buyer of an estate in land (immovable property) is legally obliged to pay Property Transfer Fees when the ownership of the property is transferred under his/her name. Once the fees are paid a title deed for the property is issued and the buyer acquires the status of the registered legal owner of the property. It is worth noting, for bureaucracy reasons, that the payment of fees can be effected at the local District Land Office, where the property is located, either by cash or alternatively by a cheque. However, a buyer who chooses to pay transfer fees by the latter option i.e. by a cheque must bear in mind that the process is likely to be delayed as both the cheque and the paperwork concerning the issuing of Title Deeds will be sent to the District Land Office of Nicosia for approval.

Economic growth stimulation

It goes without saying that the property sector in any jurisdiction and more specifically property transactions are unduly and unnecessarily complex, time consuming and above all problematic. The Cypriot Parliament in a need for change and nevertheless under the need to stimulate economic growth in a sector that has been vigorously affected by the economic crisis took the initiatives and unanimously agreed to abolish or reduce Property Transfer Fees enhancing in this way the healthy and speedy operation of the District Land Offices.

Who are affected?

• There will be no transfer fees for those who pay VAT on their house purchase, and,

• Property transfer fees are to be reduced by ½ for those who do not pay VAT on their purchase.

Further, the same benefits are also enjoyed by those who submit applications under the provisions of the Town Planning Amnesty extending in this way the applicability of these amendments supporting the middle class and thus creating the potentials for economic growth

How the Property transfer fees are calculated?

The Land office has the authority to calculate the transfer fees on a property based primarily on the assessment of the market value of a property at its date of purchase. Transfer fees are calculated when the Land Office believes that the price of sale is not accordance to the market value. For example if somebody buys an estate in land for €100.000 and the Lands Office believes that its worth is €120.000 the buyer will be called to pay the transfer fees for the amount of €120.000.

The Lands Office’s valuation can be questioned and the buyer can pay the increased transfer fees under protest requesting the Lands Office to carry out a detailed valuation by inspecting the property in question.  There is an indicative period of 45 days for objection.  The applicant who objects must submit a valuation duly reasoned and authorized by a valuer.  Additionally, if there is no agreement on the value the buyer can object to the Court.

This draft law will be effective for six months, until the Island’s Government submits a full proposal to the House and hopefully new measures will be effected in order to boost this sector and to enhance economic growth.

 3.11.2011 Cyprus Lawyers N. Pirilides & Associates LLC

Gambling Law in Cyprus

All companies that actually run an online sportsbook and casino operation are offshore (not within Cyprus). It is best to check with the laws of the country your company is in for authority to own and operate a casino.  Also, it is worthwhile to look at the TAX structure.

A GAMING LICENSE IS REQUIRED from the state/country you are based in order to take wagers on the internet. Some governments do not require a gaming license, while others do.

The Collective Gambling Regulation Act 75 (I) 1997 regulates the operation in the Republic of Cyprus of the Sports Betting Providers and imposes taxes for the said bets. As the law stands now, a limited liability company that is registered in Cyprus with exclusive purpose  to operate as betting company and accepts collective bets, and it’s issued and paid up share capital is minimum €170.100, can apply to the Cyprus Ministry of Finance to obtain a licence to operate as a betting provider company.

1. Requirements to obtain a betting provider licence

The application to obtain such a licence must be filed until the 30^th of September of each year and such licence is issued by the Minister of Finance (approximately €8.000 should be paid with the deposition of the application to the Ministry).

In order for a betting licence to be issued, the following are required:

a) The applicant company should be registered in Cyprus according to the Companies Law Cap.113.

b) An agreement between the applicant company and the betting company should be presented. The said agreement shall state that the applicant company is duly authorized by the betting company to act as its representative and accept on its behalf and for its account collective bets.

c) The applicant shall submit a bank guarantee from a Cyprus Commercial Bank for an amount of money defined by the Minister of Finance and which cannot in any way be less than €340.000. Pursuant to the Bank Guarantee, the Bank undertakes to pay any amount of money to any person who participated in a betting game and won. According to the law under certain circumstances the submission of the said Bank Guarantee might not be necessary.

d) The applicant shall submit a bank guarantee from a Cyprus Commercial Bank for an amount of money defined by the Minister of Finance and which cannot in any way be less than €51.260.  Pursuant to the Bank Guarantee, the Bank undertakes to pay any amount of money to the Government of Cyprus that the applicant is obliged to pay as taxes according to the Law.

2. Online Betting – legal gap in Cyprus

On the other hand, there is not any law – regulations regarding online betting and/or gambling and the requirements for someone to qualify for a licence to operate and/or promote such games are not straight forward.

However, a Bill is currently being prepared, by the House of Representatives, that will regulate online betting and offer control over gambling; however it will not ban it.

According to European Law (Cyprus is member of the EU since May 2004), it is very difficult to ban online gaming, because it affects the free movement of services.  However, justified restrictions to the free provision of services could be compatible with EU Law under some circumstances. It remains to be seen when and whether the said Bill will become an Act and how it will regulate the said section of services.

3. Conclusion

In 2007, the Cypriot government began preparing a bill that would impose a stricter set of rules for the licensing of online gaming in their country. A previous bill had been submitted to Parliament in 2006, but it was soundly rejected by the parties involved.

After months of waiting for a decision, the Cypriot cabinet has approved a controversial draft bill that will ban most types of online gambling.  Conclusively, as the law stands now, it is to be said that a Cyprus Company can, under certain circumstances and if it fulfills the requirements set by the law, obtain a licence to operate as a betting provider. The Bill provides for the creation of a gaming board that will regulate betting within Cyprus.

To ensure that the government does not incur loss of tax revenue, the Bill designates that licensed gambling venues on the island will be taxed at 3% of turnover instead of 10% on profits. And to show how serious the Cypriot government is about the ban, punitive measures are included, with fines of up to EUR 170,000 or a five-year prison term or both.

However, due to the gap in the Cyprus Law regarding the matter of online betting it contains risks for someone who wants to proceed with it.  The Gaming Bill is full of holes and cannot be implemented effectively as it stands.  Prosecution for illegal betting, implementation of legislation, handing out licences, suspension or revocation of licences and regulating personal licences are only some of the gaps in the Bill.

Cyprus Lawyers N. Pirilides & Associates LLC (http://www.pirilides.com/)

Property Rentals in Cyprus a new website for property rentals has been launched. The first listings uploaded on the website are in Famagusta, Paralimni. The rental properties that can be searched for are apartments, townhouses, shops and villas. http://www.propertyrentalsincyprus.com/

В связи с недавними изменениями в иммиграционном законодательстве Республики Кипр, в приоритетную категорию граждан, для получения бессрочного вида на жительство вошли владельцы частной собственности (домов, квартир) стоимостью более 300 000 евро.

Иммиграционная категория F для иностранцев, владельцев недвижимости, граждан стран не входящих в ЕС – остаётся единственной иммиграционной категорией, по которой бессрочный вид на жительство (ПМЖ) получают всей семьёй сразу.

Чтобы соответствовать данной иммиграционной категории, иностранцу необходимо предъявить доказательства гарантированного ежегодного дохода за пределами Кипра, достаточного для обеспечения проживания всей семьи. Согласно Законодательству требуемый доход должен быть не менее 6500 евро на основного заявителя и 3075 евро на каждого зависимого члена семьи.

При оформлении вида на жительство по этой категории в загранпаспорт заявителя ставится специальный штамп, не имеющий срока истечения действия и который автоматически возобновляется при смене паспорта.

К преимуществам данного бессрочного вида на жительство относится также отсутствие требований постоянного нахождения на Кипре - достаточно приезжать на Кипр один раз в два года.

Екатерина Малыгина

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 2^nd NOVEMBER 2011

Киприоты заработали себе репутацию как трудолюбивый народ, имеющий склонность к бизнесу. Это либеральное и плюралистическое общество, но с сильными традициями и семейными связями. На острове довольно высокий стандарт образования, и процент населения, окончившего университеты, один из самых высоких в мире. Большинство профессиональных и академических квалификаций получают в университетах или колледжах, в основном это университеты Европы или Америки. На Кипре довольно высокие стандарты жизни. Для примера, порядка 70 % домов принадлежат собственникам, а также отсутствуют бездомные. Уровень преступности на острове очень низкий. Кипр является идеальным местом для отдыха и жизни. Экономика Кипра основана на свободе частного предпринимательства. Стержнем экономики является частный сектор, а роль Правительства сведена к мониторингу экономики и оказанию коммунальных услуг.

С 1 мая 2004 года Кипр является членом Евросоюза. Прием страны в ЕС знаменовал новые вызовы и новые возможности для бизнеса и инвестиций на Кипре. Более того, стали доступны возможности финансирования из фондов ЕС, которые нацелены на поддержание развития бизнеса в области производства, агрикультуры и агротуризма, а также на развитие сельских районов Кипра. С 1 января 2008 года на Кипре отменены кипрские фунты, и все цены номинированы только в EUR.

Кипр является привлекательным местом для инвестиций. Помимо преимуществ, описанных ранее, на Кипре действует благоприятный налоговый режим, а также есть свободная зона, эти факторы делают Кипр идеальным местом для производителей, особенно для экспортеров на Ближний Восток и в Северную Африку. Как одно из следствий общей правительственной политики невмешательства в бизнес, а также как часть процесса включения законодательства и норм ЕС в местное законодательство, в июле 2003 года Палатой Представителей был принят новый Закон об Инвестициях. Официальная политика Правительства Кипра приветствует иностранные инвестиции при условии, что они не дают негативных эффектов на окружающую среду.

В результате вступления в Европейский Союз были сняты все ограничения на приобретения долей кипрских компаний инвесторами из стран Евросоюза. Только в случае, если компании предлагают банковские услуги Центральный Банк Кипра запрещает иностранцам инвестировать более 10 % в покупку долей таких компаний. В случае, если компании предлагают инвестиционные услуги (licensed Cypriot Investment Firms), то значительные изменения владения долями в уставном капитале должны быть одобрены Комиссией по Ценным Бумагам Кипра (Cyprus Securities and Exchange Commission).

В октябре 2004 года Правительство Кипра сняло ограничение в отношении приобретения долей в компаниях, зарегистрированных на Кипре гражданами стран, не входящих в ЕС. Есть определенные ограничения только при инвестировании в определенные секторы, такие как средства теле- и радиовещания, образование, пресса, туристические агентства, строительство, коммерческие перевозки морем и рыбная ловля. В случае инвестирования в указанные отрасли нужно получать соответствующие лицензии от кипрских властей. В случае если компании предлагают банковские услуги или являются лицензированными Инвестиционными Фирмами Кипра, применяются такие же правила, как в случае инвестирования из стран Европейского Союза.

Екатерина Малыгина

PUBLISHED BY A&G KOUZALI LAW OFFICE ON 2^nd NOVEMBER 2011

Компания, ограниченная гарантией – это альтернативный тип компании, который используется прежде всего для некоммерческих организаций, которым необходим корпоративный статус. Компания, ограниченная гарантией, не имеет акционерного капитала, но имеет членов, которые выступают гарантами вместо акционеров. Участники компании, ограниченной гарантиями, обязуются внести в активы компании определенную сумму в случае ликвидации. Прибыль компании не распределяется между участниками, но в случае необходимости, руководство может подать заявление о получении статуса благотворительной организации. Компании, ограниченные гарантией, обычно выступают: клубы, членские организации, спортивные ассоциации и благотворительные учреждения.

Как и в Англии, компании, ограниченные гарантией, обычно используются только в благотворительных или некоммерческих целях. Они подобны другим типам частных компаний и также попадают под действие закона “О Компаниях” Кипра.

Особенности компании, ограниченной гарантией участников:

• Компании, ограниченные гарантией обычно используются только в благотворительных или некоммерческих целях
• Участники компании с ответственностью, ограниченной гарантией, подписывают документ о том, что они согласны в случае ликвидации или банкротства, внести определенную сумму
• Компания, ограниченная гарантией может обратиться в Регистратор Компаний, и получить благотворительный статус.

Юридические требования для компании, ограниченной гарантией участников:

• Компания, ограниченная гарантией, не имеет акционерного капитала
• Компания, ограниченная гарантией, вместо акционеров имеет участников
• Компания, ограниченная гарантией, обязана иметь секретаря
• Секретарь обычно действует как старший администратор
• Компания, ограниченная гарантией, может владеть собственностью
• Участниками могут быть юридические или физические лица
• Компания, ограниченная гарантией, должна иметь минимум одного участника
• Участник может быть директором, но не в единственном числе
• Участники могут иметь любое гражданство
• Компания, ограниченная гарантией, обязана иметь зарегистрированный офис на Кипре.

Компания, ограниченная гарантией, обычно создается для некоммерческих целей. Компании, ограниченные гарантией, типично используются школами и образовательными учреждениями, церквями и храмами, клубами и ассоциациями, благотворительными учреждениями и организациями, желающими получить благотворительный статус.

Учредительные документы компании, ограниченной гарантией – это учредительный договор и устав акционерного общества. Учредительный договор излагает объекты компании и полномочия компании. Если компания намеревается регистрироваться как благотворительная, то учредительный договор должен быть приемлемым для Благотворительной комиссии.

Устав акционерного общества определяет, когда будут происходить встречи участников компании, а также заявляет права голосов участников, число опекунов и полномочия опекунов. Статьи устава также включают процедуры для назначения и отставки участников и опекунов.

Подготовка документации и ее предоставление в Регистрационную Палату осуществляется в электронном виде, после получения соответствующих инструкций с Вашей стороны.

Екатерина Малыгина

Как “позитивную, продуктивную и энергичную” охарактеризовал начавшуюся в воскресенье под Нью-Йорком трехстороннюю встречу между генеральным секретарем ООН Пан Ги Муном и лидерами разделенных общин Кипра специальный советник генсека ООН по Кипру Александер Даунер. Выступая в воскресенье вечером перед журналистами, он подчеркнул, что “ООН удовлетворена тем, как идут переговоры”.

Генсек ООН Пан Ги Мун воодушевлен интенсивными и конструктивными двухдневными переговорами, которые он провел с президентом греческих киприотов Димитрисом Кристофиасом и руководителем непризнанной турецкой республики на севере Кипра Дервишем Эроглу. Об этом сообщает MIGnews.

По словам Пан Ги Муна, лидеры кипрских общин за последнее время значительно продвинулись в вопросах экономики, членства в Евросоюзе и безопасности. Правда, сторонам намного сложнее договориться по проблемам управления, собственности, территории и гражданства.

Генсек ООН сослался на заверения своих партнеров по переговорам, утверждавшим, что они смогут достичь окончательного соглашения. Пан Ги Мун также выразил надежду на то, что ко времени следующей трехсторонней встречи, которая пройдет в январе, греки и турки Кипра решат все внутренние проблемы.

Напомним, что ранее генсек ООН заявлял, что положительное разрешение вопроса по объединению Кипра ускорит процесс вступления Турции в ЕС и позволит Кипру проводить разведку и добычу ресурсов в Средиземном море.

Екатерина Малыгина

PUBLISHED BY A&G KOUZALI LAW OFFICE  NOVEMBER 2011 http://www.agkouzalilawoffice.net/

Кипр с его практически круглогодичным солнцем (более 300 солнечных дней в году) уже более нескольких тысяч лет пользуется популярностью как туристическое направление. Учитывая вступление Кипра в ЕС, введение евровалюты и амбициозные планы правительства по поддержке и продвижению туризма, сейчас самое благоприятное время для покупки собственной дома для отдыха с семьей и друзьями на этом острове.  http://www.minthishills.ru/

Компания Pafilia представляет жилой комплекс Minthis Hills, построенный в непосредственной близости от двух курортных городов Пафос и Лимассол. Это роскошная гольф-резиденция, состоящая из 600 частных бунгало и вилл, расположилась на высоте 650 м над уровнем моря. Minthis Hills – проект, гармонично сочетающий в себе первозданную природу с ультрасовременным комфортом XXI века.  На участке общей площадью почти пять миллионов квадратных метров под застройку выделены только 100.000 кв.м. (пятидесятая часть).

A new Double Taxation Agreement has been added to the wide network of Double Taxation treaties that Cyprus already had with a large number of countries. On the 17th of January, 2011 the Republic of Cyprus signed a Double Tax Treaty with Armenia. The new Agreement will further promote the business and economic relation between the two countries. http://www.multilysis.com/

A new Double Tax Treaty has been signed between Cyprus and UAE ion the 27th of February, 2011.Government considers that the Agreement avoiding the Double Taxation between the two countries is the first step in the promotion of the economic and commercial relations of the two countries. http://www.multilysis.com/

Совет Министров (министры внутренних дел и финансов на Кипре) 11.11.2011  установили новые критерии и условия для приобретения гражданства на Кипре.

Совет Министров рассмотрел критерии, изложенные несколько недель назад, приобретения гражданства в порядке натурализации только для иностранных инвесторов и предпринимателей.

Совет постановил следующее:

а) утвердить следующие критерии и условия для натурализации (исключительные) иностранных инвесторов и предпринимателей, только в соответствии с пунктом 2 (f) Закона.

В соответствии с этими новыми критериями, претенденту должно быть не менее 30 лет, он должен не иметь судимостей (справка выдается и заверяется полицией Кипра или страны их происхождения), и иметь постоянное место жительства и  недвижимость на Кипре, которая стоит около 500 тысяч евро (по текущим ценам).

Эти новые критерии применимы только для тех, кто имеет инвестиции в Кипр, заявителей, которые  удовлетворяют одному из следующих критериев и условий, дают право на получение гражданства Кипра:

• Должны иметь прямые инвестиции на Кипр от минимум 10 млн евро. «Прямые инвестиции» включают в себя покупку недвижимости, приобретение компаний и бизнеса на Кипре, покупку акций и финансовых активов и т.д., или

• Должны иметь зарегистрированную  / созданную компанию или компании на Кипре, которые контролируются одним и тем же лицом  с общим годовым оборотом в 10 млн. евро в год в среднем за последние 3 года, предшествующих подаче ходатайства, или
• Должны иметь срочный вклад /вклады в размере 15 млн евро в банке Кипра, в течение по крайней мере 5 лет (возможно взаимное кедитование), или
• Должны быть введены новые методы новаторской технологии и научно-исследовательских центров в больших масштабах на Кипре, или
• Должны иметь  сочетание указанных выше критериев, активы на сумму около 15 млн евро.

б) Следует отметить, что заявитель должен представить следующие документы:

В случае прямых инвестиций:

• Для покупки недвижимого имущества, договор купли-продажи необходим наряду с нотариальным актом
• Для покупки компании и/или бизнеса необходим сертификат акционера, выданный Регистратор компаний
• Для покупки акций необходим сертификат акционера
• Для приобретения финансовых активов, необходимы сертификаты и подробная информация о принадлежащих финансовых активах

В случае бизнес-инвестиций:

• Необходимо свидетельство о регистрации компании, выданное Регистратором
• Необходим сертификат акционеров
• Потребуются проверенные счета компании/компаний за последние 3 года до подачи заявления
• Потребуется сертификат социального страхования в отношении сотрудников компании заявителя

В случае  новых методов передовых технологий и научноисследовательских центров:

Сертификат «патент» или любой другой соответствующий сертификат.
В случае банковских депозитов:

Аттестация, выданная кипрским банком о депозите /депозитах В случае прямого дохода:

Доходы и доказательства уплаты НДС, налога на прибыль и т.д. правительству Кипра (за последние 3 года, предшествующие подаче ходатайства)
Следует отметить, что ни один из вышеперечисленных критериев не влияет на усмотрение Совета при принятии  решения.

http://www.pirilides.com/ru 

http://www.multilysis.com/ru/

The Council of Ministers (Minister of Interior and Finance in Cyprus) on 11.11.2011 has set out new criteria and conditions for acquiring citizenship status in Cyprus.

The Council of Ministers reviewed the criteria set out a few weeks ago for the acquisition of the Citizenship status through naturalization of foreign investors and entrepreneurs only.

Council decided the following:

a)      To approve the following criteria and conditions for naturalization (exceptional) of foreign investors and entrepreneurs only under paragraph 2 (f) of the Law.

According to these new criteria, the applicant should be at least 30 years old, with non-criminal record (issued and certified by the Cyprus Police and/or from his/her country  of origin), and with permanent residence-property in Cyprus which is worth approximately Euro 500,000 (at current prices).

These new criteria are applicable solely for those who have investments in Cyprus. Accordingly applicants who meet and satisfy any of the following criteria & conditions are entitled to obtain Cyprus Citizenship:

• Should have direct investments in Cyprus of a min of Euro 10m. ‘Direct investments’ include the purchase of real estate property, the purchase of companies and business in Cyprus, purchase of shares and financial assets etc, or
• Should have registered/set up a company or companies in Cyprus which are controlled by the same and with a total annual turnover of Euro 10m per year on average over the last 3 years preceding the application, or
• Should have fixed deposit/s of Euro 15m in a Cyprus bank for at least 5 years (back-to-back loan is possible), or
• Should have introduced new methods of pioneering technology and research centres of a large scale in Cyprus, or
• Should posses a combination of direct investments, business activities in Cyprus and deposits in a Cyprus bank(s) of a total of 15m.
• Should have registered a company or companies whose management and control is in Cyprus and over the last three years preceding the application to have paid either by way of income tax, VAT or by way of professional fees, the amount of €500,000 on average per year.

b)      It should be noted that the applicant is required to submit the following documents:

In case of direct investments:

• For the purchase of immovable property- the sale purchase agreement or the title deed
• For the purchase of a company and/or business- a certificate of shareholders issued by the Registrar of companies
• For the purchase of shares- the share certificate(s)
• For the purchase of financial assets- certificates and details of the financial assets

In case of business investments:

• A certificate of registration of the company issued by the Registrar
• A certificate of shareholders
• Audited accounts of the company/ies, of the last 3 years before the application is made
• Certificate from the social insurance relating to the employees of the applicant’s company

In case of new methods of pioneering technology and research centres:

• Certificate of ‘patent’ or any other relevant certificate.

In case of bank deposits:

• Certificate issued by Cypriot Bank for deposit(s)

In case of direct revenues/professional fees:-

• Receipts and proofs of payment of VAT, income tax etc to the Cyprus government and professional fees in Cyprus (of the last 3 years preceding the application)

It should be noted here that none of the above criteria affects the absolute discretion of the Council when making/reaching a decision.

Z:\3. MULTILYSIS SERVICES LIMITED\10. ARTICLES\10. NATIONALITY & RESIDENCE PERMITS\2. Citizenship-Naturalization-APPROVED 11.11.11.doc

Cyprus Company Formation Multilysis Services Limited

Cyprus Lawyers N. Pirilides & Associates LLC

Статья 354I- компания, которая зарегистрирована в соответствии снастоящим Законом, может, после получения предварительного согласия Секретаря, подать заявление в компетентный орган страны или юрисдикции, которые были выбраны, чтобы зарегистрироваться, чтобы продолжать деятельность в соответствии с правовым  режимом страны или юрисдикции.

Заявление о согласии Регистратора на продолжение работы компании за пределами Республики

Статья 354IA – заявление для получения согласия Регистратора должно сопровождаться заявлением, подписанным по крайней мере двумя  компетентными советниками компании, уполномоченными Советом или, если Совет директоров состоит из Исполнительного директора, подписанным им, по его словам, и содержащим следующее:

(а) Название компании с просьбой зарегистрировать в утвержденной стране или юрисдикции,

(б) Место регистрации предполагаемой компании и название и адрес компетентного органа утвержденной страны или юрисдикции, а также

(в) Дата, с которой предлагается создать штаб-квартиру компании в конкретной страны или юрисдикции.

Требования к согласию Регистратора

Статья 354IB – Для того, чтобы Регистратор дал согласие, следующие условия должны быть выполнены:

(а) Специальная резолюция акционеров компании в соответствии с уставом  компании, и ее меморандумом для авторизации запроса.

(II) Перед общим собранием консультанты должны представить промежуточные счета, которые включают записи и важные изменения фактической стоимости, которая не отображена в записях, подготовленных ​​на дату приглашения к этому Общему собранию.

(III) Специальная резолюция с промежуточными счетами должна быть доставлена Регистратору для подачи в файл компании.

(б) Компания должна подать в Реестр заявление,

подтверждающее платежеспособность компании и подтверждающее,

что консультантам не известны какие-либо обстоятельства, которые могут ухудшить платежеспособность компании в течение трех лет. Такое заявление должно быть подписано не менее чем двумя консультантами компании, и уполномоченным Советом директоров компании.

(в) Если компания осуществляет, в пределах или за пределами Республики, любую деятельность, которая требует  разрешения от компетентного органа, компания должна подать Регистратору доказательства согласия таких компетентных органов для того, чтобы деятельность компании сохранилась и в другой стране или юрисдикции.

(г)Если компания является публичной компанией, она должна подать  Регистратору согласие фондовой биржи и согласие  научно-технической палаты  Кипра.

(д) Должны быть оплачены все сборы и должны быть завершены все процедуры, связанные с работой компании в соответствии с настоящим Законом,

(е) Должно быть подано Регистратору заявление о согласии,

(ж) Не должны быть инициированы процедуры роспуска компании, или процедуры банкротства, или другие процедуры урегулирования.

(з) Компания на момент подачи заявки на согласие Регистратора не должна нарушать  свои обязанности или обязательства по настоящему Закону, и

(и) Компания должна оплатить все налоги и пошлины, которые подлежат оплате,

(2) Каждый консультант компании, который безосновательно делает заявление о платежеспособности, является виновным в правонарушении и, в случае вынесения обвинительного приговора, подлежит тюремному заключению, не превышающему один год и денежному штрафу, не превышающему 34.172,03 евро.

Право кредиторов возражать против продолжения деятельности компании

Статья 354I C – Регистратор отказывает дать согласие на продолжение работы компании в другой утвержденной стране или юрисдикции, в течение трех месяцев после публикации в двух ежедневных газетах широкого распространения в Республике. Доказательство публикации представляет собой копию публикации в газете, которая должна быть представлена регистратором в течение четырнадцати (14) дней.

(2)В течение указанного срока любой кредитор компании может подать возражение в суд для продолжения деятельности компании в правовой системе другой страны. Суд может утвердить своим приказом продолжение деятельности данной компании, или принять продолжение деятельности компании на основе адекватных гарантий, или запретить продолжение деятельности компании.

Статья D-354I - При условии, что требования 3541B будут выполнены и период трех месяцев, упоминаемый в статье 3541G, закончился, и нет никаких возражений для продолжения деятельности компании или там, где суд одобрил продолжение деятельности компании, Регистратор обязан предоставить свое согласие на продолжение деятельности компании по правовому режиму другой страны или юрисдикции.

Удаление из реестра

 Статья 354I E-При выдаче свидетельства о продолжении, на основании которого компания продолжает деятельность в другой утвержденной стране или юрисдикции, компания должна немедленно предоставить копию документа о продолжении в Реестр, и компания перестает быть компанией, зарегистрированной в Республике с момента, когда применение продолжения деятельности  в другой стране вступит в силу, Регистратор удаляет название компании из реестра и выдает сертификат об удалении.

2 из 124 (j) от 2006 года. Регистрация компаний, которые продолжают деятельность за пределами Кипра

Статья 354I F – Регистратор ведет реестр всех компаний, которые получили согласие быть записанными как продолжающие деятельность в другой утвержденной стране или юрисдикции.

«иностранная компания» означает, что компания была создана за пределами Республики.

«сертификат продолжения» включает любой документ, бумагу или сертификат, который подтверждает, что компания была зарегистрирована как продолжающая деятельность в утвержденный страны или юрисдикции за пределами Республики.

«одобренная страна или юрисдикция» означает страну или юрисдикцию, которая имеет аналогичные или такое же законодательство, как и положения этого закона.

«продолжающая деятельность компания» означает компанию, которая продолжает свое существование в качестве юридического лица согласно правовому статусу другой утвержденной страны или юрисдикции.

http://www.multilysis.com/ru/

http://www.pirilides.com/ru

Article 354I- A company which is registered under the present Law, may, and after having obtained the prior consent of the Registrar, submit an application to the competent authority of the country or jurisdiction who had chosen to register in order to continue under the legal regime of the country or jurisdiction.

Application for consent of the Registar for the continuation of the company outside the Republic

Article 354IA- the application for consent of the Registrar, must be accompanied by a statement signed by at least two company competent advisors authorized by the Board or, if the Board of Directors consists of an Executive Director, by him, and contains the following:

(a) The name of the company requesting to register in an approved country or jurisdiction,

(b) The place of the proposed company’s registration and the name and address of the competent authority of the approved country or jurisdiction, and

(c) The date on which it is proposed to establish the headquarters of the company in a specific country or jurisdiction.

Requirements for the consent of Registrar

Article 354IB- In order for the Registrar to provide consent, the following conditions must be met:

(a) A special resolution of shareholders of the company in accordance with the company’s articles and it’s memorandum to authorize the request.

(ii) Before the general meeting the consultants must present the interim accounts which include the records and the important changes of actual value which does not arise from the records prepared at the date of the invitation to this General meeting.

(iii) The special resolution with the interim accounts shall be delivered to the Registrar for filing in the company’s file.

(b) The company must have delivered to the Registrar a statement confirming the solvency of the company and confirming that the consultants are not aware of any circumstances which might impair the solvency of the company within a period of three years. Such declaration shall be signed by at least two consultants of the company, authorized by the Board of Directors.

 (c) Where the company conducts, within or from the Republic, any activity which needs authorization from any competent authority, the company must have supplied to the Registrar a proof of the consent of such competent authority in order for the company to continue in another country or jurisdiction.

(d) Where the company is a public company, it must have supplied to the Registrar has supplied to the Registrar the consent of the stock exchange and the consent Cyprus Scientific and Technical Chamber.

(e) Must have paid all fees and must have completed all the procedures relating to the work of the company pursuant to this Act,

(f) Must have submitted the application of consent to the Registrar,

(g) Must not have initiated procedures for dissolution of the company, or insolvency procedures, or for settlement or compromise procedures.

(h) The company at the time of application for the consent of the Registrar must not have violated their duties or obligations under the present Law, and

(I) The company must have paid all taxes and duties which are due

(2) Each company consultant who makes a declaration of solvency, is guilty of offence and, in the event of conviction, shall be subject to imprisonment not exceeding one year and a financial penalty not exceeding Euro 34.172,03.

Right of creditors to object to the continuation of the company

Article 354I C-The Registrar refuses to consent to the continuation, of the company to another approved country or jurisdiction, until three months is spent from the publication, in two daily newspapers of wide circulation daily in the Republic. Proof of publication constitutes a copy of the publication in the newspaper, which must be presented the registrar within fourteen (14) days.

(2) During the aforementioned period any creditor of the company may file an objection to the Court for the continuance of the company under the legal system of another country. The Court may approve by Order the continuation of the company in question, or to accept the continuation of the company on the basis of adequate safeguards, or prohibit the continuation of the company.

Article 354I D-Provided that the requirements of 3541B are met and the period of three months has ended which is referred to in article 3541G and without an objection for the continuation of the company or where the Court approved the continuation of the company the Registrar is obliged to provide his/her consent for the continuance of the company under the legal regime of another country or jurisdiction.

Deletion from the register

Article 354I E- With the issue of the certificate of continuance, on the basis of which the company continues to another approved country or jurisdiction, the company shall immediately provide a copy of the document of continuation to the Registrar and the company ceases to be a registered company in the Republic from the date of which the application of continuation to another country is entered into force, the Registrar deletes the name of the company from the register and issues a certificate of deletion.

2 of 124 (j) of 2006. Register of companies that continue outside Cyprus

 Article 354I F- the Registrar shall keep a register of all companies that have received the consent to be recorded as continuing in another approved country or jurisdiction.

‘alien company’ means the company established outside the Republic.

‘certificate of continuance’ includes any paper document or a certificate which confirms that the company has been registered as continuing  in an approved country or jurisdiction outside the Republic.

‘approved country or jurisdiction‘ means country or jurisdiction which has similar or the same legislation with the provisions of this law.

‘continuing company’ means the company which continues to exist as a legal person under the legal status of another approved country or jurisdiction.

Cyprus Lawyers N. Pirilides & Associates LLC

Cyprus Corporate Services Multilysis Services Limited

Прежде всего, русским покупателям интересен район Лимассола и Пафоса. Так исторически сложилось, что эти два города были первыми открыты русскими туристами, и здесь же стала образовываться русская диаспора, которая и сегодня продолжает скупать недвижимость. Хотя в последние несколько лет сложилась тенденция приобретать недвижимость в Ларнаке и Айа Напе.

http://www.minthishills.ru/

http://www.minthishills.ru/

Прежде всего, русским покупателям интересен район Лимассола и Пафоса. Так исторически сложилось, что эти два города были первыми открыты русскими туристами, и здесь же стала образовываться русская диаспора, которая и сегодня продолжает скупать недвижимость. Хотя в последние несколько лет сложилась тенденция приобретать недвижимость в Ларнаке и Айа Напе. (инвестировать в жилую недвижимость на Кипре). http://www.minthishills.ru/

Компания Pafilia представляет жилой комплекс Minthis Hills,  построенный в непосредственной близости от двух курортных городов Пафос и Лимассол. Эта роскошная гольф-резиденция, состоящая из 600 частных бунгало и вилл,  гармонично сочетает в себе первозданную природу с  современным комфортом. На участке общей площадью почти пятьдесят тысяч соток  под застройку выделена лишь пятидесятая часть. Всю остальную площадь занимают оливковые рощи, виноградники, пруды, живописные прогулочные аллеи и парк. (недвижимости от застройщика на Кипре).

http://www.minthishills.ru/

Учитывая вступление Кипра в Европейский Союз, введение евровалюты и амбициозные планы правительства по поддержке туризма, сейчас самое благоприятное время для покупки собственного дома для отдыха с семьей и друзьями на острове. Тем более, что на Кипре очень низкие проценты по ипотеке.

Прежде чем приобрести собственный уголок для отдыха на Кипре, россиянам предлагается поездка на 3-4 дня, во время которой потенциальный покупатель может познакомиться с предложениями по недвижимости и отдохнуть на Кипре. Условия и подробности тура можно узнать в московском офисе компании Pafilia. Для Томичей компания проводит специальный семинар. (недвижимость на Кипре)

http://www.minthishills.ru/

Contact: Christine email : fallchristine@yahoo.com
Villa For Sale In Tsada Cyprus RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/09/villa-for-sale-in-tsada-cyprus-2/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/09/villa-for-sale-in-tsada-cyprus/ http://www.cypruspropertyfinders.com/2011/11/09/villa-for-sale-in-tsada-cyprus/#comments Wed, 09 Nov 2011 08:50:19 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=11cbc8a832371e248c9a34ee01c64e0d Beautiful corner semi-detached villa up in Tsada village, Paphos. 2bed,2bath,small private pool,2 recently erected tiled pergolas over balconies ( to front & rear ).Fully fitted modern kitchen,fitted wardrobes, fly screens in bedrooms.Air con.feature gas fire. Wireless Internet. Off road parking + car porch to the rear.Fantastic mountain views..East facing.

Contact: Christine email : fallchristine@yahoo.com
Villa For Sale In Tsada Cyprus RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/09/villa-for-sale-in-tsada-cyprus/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/potamos-germasogeia-apartment/ http://www.cypruspropertyfinders.com/2011/11/08/potamos-germasogeia-apartment/#comments Tue, 08 Nov 2011 10:15:31 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=995265f325c897146be8417ecb85b116 Two bedroomed brand new apartment located in the heart of Tourist Area but set back from main road, a minutes walk to the beach. Master bedroom is en suite. Apartment has a spacious veranda of 30 sqm overlooking pool and green areas. The veranda is set on the north side. Communal pool with shower with a relaxation area. This property has full air conditioning and provisions for central heating. The price includes private parking seperate storage. Apartment is unfurnished but can be furnished. Having a current one year warranty for the all works and with title deeds. More photos on request. Covered area 110sqm Potamos Germasogeia Apartment RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/potamos-germasogeia-apartment/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/moutagiaka-villa-3/ http://www.cypruspropertyfinders.com/2011/11/08/moutagiaka-villa-3/#comments Tue, 08 Nov 2011 10:13:13 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=fa40c9561a9e04c44cb44921d3aedff0 This great villa is situated only 200m from the sea. The property offers very large rooms as well a pool and BBQ area and parking for more than one car. The property itself is located in a sought after area of Limassol between the Four Seasons Hotel und Atlantica Miramare. This brand new villa is ready to move in and has provisions for central heating and air-conditioning, the kitchen has already been fitted and there are also fitted wardrobes in all the bedrooms, the master bedroom of course being en-suite and the other bedrooms share a large family bathroom. The property also offers a small garden. Covered area 167sqm, plot size 300sqm. More pictures are of course available on request. Moutagiaka Villa RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/moutagiaka-villa-3/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/moutagiaka-villa-4/ http://www.cypruspropertyfinders.com/2011/11/08/moutagiaka-villa-4/#comments Tue, 08 Nov 2011 10:10:28 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=4d56043218edbbb73f0146b38b0b520f This great villa is situated only 300m from the sea. The property offers very large rooms as well a pool and BBQ area and parking for more than one car. The property itself is located in a sought after area of Limassol between the Four Seasons Hotel und Atlantica Miramare. This brand new villa is ready to move in and has provisions for central heating and air-conditioning, the kitchen has already been fitted and there are also fitted wardrobes in all the bedrooms, the master bedroom of course being en-suite and the other bedrooms share a large family bathroom. The property also offers a small garden. Covered area 287sqm, plot size 600sqm. More pictures are of course available on request Moutagiaka Villa RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/moutagiaka-villa-4/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/studio-for-sale-ayios-thychonas/ http://www.cypruspropertyfinders.com/2011/11/08/studio-for-sale-ayios-thychonas/#comments Tue, 08 Nov 2011 10:07:40 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=3a8037fb93c0fba083680ad548757f9f This furnished Studio apartment is situated in the Four Seasons and Mediterranean area of Limassol, only 100m from the Sea. The apartment is in a sought after location, ideal for a permanent home, rental property (approximate rent per month 375 Euros plus bills). The apartment is in need of some TLC, but does not necessarily require total renovation. Studio for sale Ayios Thychonas RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/studio-for-sale-ayios-thychonas/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/asgata-property-for-sale/ http://www.cypruspropertyfinders.com/2011/11/08/asgata-property-for-sale/#comments Tue, 08 Nov 2011 10:04:56 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=422f5d2859327dc8463e7f8dcd976140 A Unique and bespoke wooden log cabin with full planning permission and all engineering reports, including insulation values etc. All services on site and situated on an elevated position with fabulous surrounding countryside views. Sold with all white goods and internal fixtures and fittings. Asgata village which is only a minutes drive away has everything you would require for day to day living Bank Post office shops taverns and a doctors surgery. One to be considered if it’s a village retreat your looking for and of course with full title deeds! asgata Property for sale RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/asgata-property-for-sale/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/apartment-in-germasogeia/ http://www.cypruspropertyfinders.com/2011/11/08/apartment-in-germasogeia/#comments Tue, 08 Nov 2011 10:02:47 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=93c60bb66482e941f87494fa6c21769d Information Brand new and fully equipped. Air Cons, veranda and communal swimming pool. Partly furnished. Covered area is 115 Sq Mtrs Open plan and a garden area. A good buy for an apartment in the Tourist area of Lower Kallogiri.A secure and small complex of 10 Apartments. Apartment in Germasogeia RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/apartment-in-germasogeia/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/land-for-sale-in-cyprus/ http://www.cypruspropertyfinders.com/2011/11/08/land-for-sale-in-cyprus/#comments Tue, 08 Nov 2011 10:00:29 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=f241f9be4088832ee7cba6ca5dbd51b3 Three donums of land ( Over 4000 Mtrs Sq ) Currently with a building permit and therefore permission to build a seven bungalows. The land is set next to a road for access and has great views down the mountains and over Ayios Georgious and Silicou Villages. Land for sale in Cyprus RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/land-for-sale-in-cyprus/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/08/apartment-in-moutagiaka/ http://www.cypruspropertyfinders.com/2011/11/08/apartment-in-moutagiaka/#comments Tue, 08 Nov 2011 09:58:20 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=6422546af6c5d5e773c8daec47054f59 This excellent apartment is situated in a luxury and completely gates complex near the sea and close to all the necessary amenities such as supermarkets, restaurants, bars and the sea, yet totally secure and private. The complex itself offers vast communal gardens, a very large communal pool with showers, WC’s. Cafes, Security Guard, private parking and more. The apartment is situated on the 2nd floor of the building and is fully equipped and ready to move in. The property has two large double bedrooms, family bathroom, open plan kitchen and living area, large balcony, private parking, electric shutters, air-conditioning and much more. Total covered area 92sqm the apartment is very competitively priced and a quick sale should easily be achieved. More pictures and details on request. Apartment in Moutagiaka RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/08/apartment-in-moutagiaka/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/05/zakaaki-villa/ http://www.cypruspropertyfinders.com/2011/11/05/zakaaki-villa/#comments Sat, 05 Nov 2011 10:34:20 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=631c8f03d8e8cbb99f611a4b50576250 Recently Reduced from Euros 900.000.00. A Grand residence located in a quiet residential area close to the New Tiffany Shopping Mall and Ladies mile Beach. Covering 260 Sq Mtrs on a double plot of 630 Sq Mtrs with a 11 X 5 swimming pool set in mature secluded gardens. Internal Security systems and exterior electronic controlled security gates. Extremely well finished throughout and some features include an Italian granite staircase, and kitchen worktops, master ensuite bedroom with Jacuzzi. Please do ask us for more detailed specifics. Price on Application. Zakaaki Villa RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/05/zakaaki-villa/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/05/ayios-athanasios-house/ http://www.cypruspropertyfinders.com/2011/11/05/ayios-athanasios-house/#comments Sat, 05 Nov 2011 10:31:52 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=8fbdcacfe67bd40aca43a8abf0ff115a This detached house was built in 1994 has a covered area of 247m2 on a plot 630m2 with sea views. The property is fully double glazed with UPVC windows and doors, toughened safety glass to the patio doors plus full central heating. There are 3 bedrooms with the choice of using the downstairs office/study as a further bedroom. The house could be converted to 6 bedrooms counting the office/study, or easily split into two houses! Ayios Athanasios House RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/05/ayios-athanasios-house/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/bungalow-palodia/ http://www.cypruspropertyfinders.com/2011/11/04/bungalow-palodia/#comments Fri, 04 Nov 2011 09:59:02 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=d3c550147ec0ee45d710960962b5aa19 This cosy yet spacious Bungalow is located in the heart of the village only a few minutes from Limassol, the Highway and the Heritage school. The property itself sits on a plot 318sqm with a covered area of 107sqm consisting of three double bedrooms, master bedroom en-suite, family bathroom, large open plan kitchen, lounge and diner the vaulted ceilings give this property a feeling of space. The Bungalow is surrounded by paved verandas and low maintenance gardens. As well as covered parking for up to three cars, the house offers full central heating, Air-conditioning, solar panels, double glazing, fly screens and much much more. Viewings by appointment only. More details, pictures and full title deeds are of course available. Bungalow Palodia RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/bungalow-palodia/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/ayios-athanasios-apartment/ http://www.cypruspropertyfinders.com/2011/11/04/ayios-athanasios-apartment/#comments Fri, 04 Nov 2011 09:56:46 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=bb842c7a3c442b3a764b80964af31c67 This RECENTLY REDUCED three bedroom luxury apartment in the sought after area of Agios Athanasios offers the ideal chance for first time buyers to get their foot on to the Cyprus Property ladder. The fully equipped second floor apartment offers three double bedrooms with built in wardrobes, master bedroom with en-suite bathroom, family bathroom with bath and shower, fully equipped modern kitchen imported from the UK. Very cosy and good sized living area, private parking and last but not least a very large veranda with sea as well as mountain views. All this on 118m2 of covered area. The apartment itself was completed in 2007 and the current owners would be delighted to rent the said property of its new owners. More pictures are of course available.TITLE DEEDS AVAILABLE Ayios athanasios Apartment RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/ayios-athanasios-apartment/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/paraklissia-land/ http://www.cypruspropertyfinders.com/2011/11/04/paraklissia-land/#comments Fri, 04 Nov 2011 09:53:24 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=dd69b22ec92de05d48192d23512774a0 This elevated plot offers excellent sea views and views across the valley to the village.the plot is situated on the oustskirts of Pareklissia village,only minutes from the sea and town with its Supermarkets, restaurants, shops and if required the hustle and bustle of the tourist area. Access to public road and all services close by. suitable for 1 villa. Building ratio 10%. We expect that the building density will change to a higher one in the future. Plot Size 7950qm. Paraklissia Land RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/paraklissia-land/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/ypsonas-village-ruin/ http://www.cypruspropertyfinders.com/2011/11/04/ypsonas-village-ruin/#comments Fri, 04 Nov 2011 09:46:18 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=33c2548b466849a4154b549792ba1650 As you can see, this property consists of two stone houses, one already renovated and ready to move in, the other in need of renovation. The work needed can be done in order to convert both houses in to one large stone h ouse or into two seperate dwellings. More pictures are of course available, clear titledeeds are ready. The total area including the small court yards is approximately 260sqm Ypsonas Village Ruin RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/ypsonas-village-ruin/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/mesa-geitonia-apartment/ http://www.cypruspropertyfinders.com/2011/11/04/mesa-geitonia-apartment/#comments Fri, 04 Nov 2011 09:43:54 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=4f7d5c3984c7a4ee2e11e2e6ad437ccd Excellent quality two bedroom south facing 2nd floor apartment in the popular area of Mesa Geitonia with excellent sea views. Guest WC, Sought after quiet residential area adjacent to Linear Park and close to amenities ( Schools, Banks, Shops etc). 10 communal pool in green communal gardens. Covered private parking space with electronically controlled access and a separate private store room. 2 minutes to the highway. 5minute drive or 15 minute stroll to the sea. 96sqm covered area, 68.91 sqm living area plus 7.41 sqm balcony plus 4.67sqm storeroom plus 6sqm common area. Mesa Geitonia Apartment RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/mesa-geitonia-apartment/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/moutagiaka-villa/ http://www.cypruspropertyfinders.com/2011/11/04/moutagiaka-villa/#comments Fri, 04 Nov 2011 09:40:57 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=7f20d83c9009d6ada6bdabad463edb27 Large resale villa on a plot of 575 Sq Mtrs and covering 174 Sq Mtrs excluding verandas. Only completed recently and in essence brand new and ready to move straight in. Excellent sea views and having a very modern feel being open plan. Features also include a marble staircase and feature central fireplace. Granite worktops in a large high end kitchen. Outside enjoy those sea views from a very private swimming pool. MOUTAGIAKA VILLA RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/moutagiaka-villa/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/moutagiaka-villa-2/ http://www.cypruspropertyfinders.com/2011/11/04/moutagiaka-villa-2/#comments Fri, 04 Nov 2011 09:38:17 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=3d054e27af17ec51ac4f4dd02c5e1da3 Brand new resale property only just completed mid 2008. Covering over 200 sq Mtrs, excluding verandas, on a plot of 425 Sq Mtrs. Sea views from a secure smaller complex with a communal swimming pool. Finished by a developer who has been in business more than 25 years and finished to an above average standard. If you want a villa ready to move straight in with al mod cons then this property should be considered. Moutagiaka Villa RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/moutagiaka-villa-2/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/limassol-villa/ http://www.cypruspropertyfinders.com/2011/11/04/limassol-villa/#comments Fri, 04 Nov 2011 09:32:34 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=ca39daca227d099b3c6ab739013681ca Large 4 bedroom detached villa in the quiet residential heart of tourist area.This villa has a small mature garden at the rear and patios front and rear for sitting out on those warm summer evenings.To the side of the house there is a partially covered drive with space for two cars.Inside there is a large open plan kitchen/ dining area fitted with modern appliances. From the kitchen, you move on to the big bright lounge area and the guest w/c.Upstairs there are two good size double rooms, two large singles and a family bathroom.The master bedroom also has an en-suite power shower.From the open landing, you also have access to the loft storage space which is perfect for storing those rarely used items.This is a must view property.More photographs available on request. Limassol Villa RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/limassol-villa/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/malia-village-house-for-sale/ http://www.cypruspropertyfinders.com/2011/11/04/malia-village-house-for-sale/#comments Fri, 04 Nov 2011 09:30:08 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=275434a8dad43b1e70a0593dc5cbf288 A very smart restored original Stone property in Cyprus set just away from the village square. Period features including beamed ceilings. Upstairs to the kitchen and terrace. This is an ideal low maintenance property and Malia has its own local village shop and taverns all within easy walking distance. Malia Village house for sale RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/malia-village-house-for-sale/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/germasogeia-property-for-sale/ http://www.cypruspropertyfinders.com/2011/11/04/germasogeia-property-for-sale/#comments Fri, 04 Nov 2011 09:26:44 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=3fb046b4d27bf8ec108621a8cd685b7c Nice and cosy house with small garden and swimming pool. It is situated in quiet area close to all stores and sea. Sea is 5 minutes walk away. Full air conditioning and central heating. House is unfurnished. Covered area 165sqm, plot size 310 sqm. Germasogeia property for sale RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/germasogeia-property-for-sale/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/yermasogeia-apartment/ http://www.cypruspropertyfinders.com/2011/11/04/yermasogeia-apartment/#comments Fri, 04 Nov 2011 09:23:54 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=a0fc60f18b28586fbe96eaafb91b35b2 This superb two bedroom apartment enjoys one of the best unobstructed sea views in Limassol. The apartment is situated only meters from the beach in a secure complex with its own security gates and systems. The property itself is located on the 4th floor of the building which has been renovated to a high standard and finish. The covered area of this great apartment is approximately 80sqm with a balcony of approximately 10sqm and private allocated parking for one car. The apartment boasts with character and with its two double bedrooms, two bathrooms, separate kitchen and open plan living-dining area an opportunity to good to be missed. Many more photos are of course available Yermasogeia Apartment RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/yermasogeia-apartment/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/kalo-chorio-villa/ http://www.cypruspropertyfinders.com/2011/11/04/kalo-chorio-villa/#comments Fri, 04 Nov 2011 09:21:10 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=984fad1145d656041778bc1edb8d4e24 A property of real character with fantastic features both inside and out. A 30 Minute drive from Limassol highway and set on a sizeable plot of 878 Sq Mtrs with the picturesque pretty village of Kalo Chorio as a stunning backdrop. Covering over 200 Sq mtrs and no expense spared on quality fixtures and fittings. Imported German products including superb double glazed units. Three en-suite bedrooms the master having a walk through wardrobe. Plenty of storage space and built in wardrobes in the other two sizeable bedrooms. Other features are to many to list but include: Electric gates and security system, Oak flooring in parts, electronic shutters, A/C units, ceiling fans, spacious garden areas around a 11 x 4 swimming pool. Double garage with side rooms which all have provisions for easily converting into separate living accommodation .At the cosy core of the property sits a French wood burner. Please do contact us for further specifics and details including many more pictures. Kalo Chorio villa RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/kalo-chorio-villa/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/neapolis-apartment/ http://www.cypruspropertyfinders.com/2011/11/04/neapolis-apartment/#comments Fri, 04 Nov 2011 09:18:09 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=148fb94a4e6a02d295a9becc6e289723 Two bedroom apartment on second floor of just renovated apartment block. Fully furnished with very good kitchen fittings. Solar heating for hot water, ceiling fans. Very close to all shops and restaurants, sea and great beach just in three minutes walk from apartment. Apartment is very nice, have to see. Covered area 67sqm Neapolis Apartment RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/neapolis-apartment/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/monagroulli-villa/ http://www.cypruspropertyfinders.com/2011/11/04/monagroulli-villa/#comments Fri, 04 Nov 2011 09:15:40 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=0b1ff8862bee7f143f2b16f9fd2bc747 A high spec Villa on a prime position overlooking the villages below. Covering 520 Sq Mtrs on a 2000 Sq Mtr plot. Major features include infinity swimming pool 10 X 5. Steam room and shower, Master en-suite bedroom with walk in wardrobes, Hand made tiling in bathrooms and staircase, Under floor gas central heating, Multi variable lighting indoors and out, Outside pool bar and shower Outside moated island dining area with fish, Double glazing and A/C units all round, Satellite TV and home cinema both in and outside the property. Price reduced from 1990000 Euros ! Monagroulli Villa RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/monagroulli-villa/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/04/ayios-mamas-village-house/ http://www.cypruspropertyfinders.com/2011/11/04/ayios-mamas-village-house/#comments Fri, 04 Nov 2011 09:13:01 +0000 Last Modified Listing Feed http://cypruspropertyblog.org/?guid=d808c465af90d3cd7b4225b15740eff6 A tasteful and well finished typical Cypriot Village house in Ayios Mamas. Two stories and two bathrooms ( one with bath ). Modern Kitchen in keeping with this stone property and a separate dining room plus the all important patio and upper balcony with superb village views. Ayios Mamas Village House RU РУССКИЕ SV SVENSKA AR العربية ]]> http://www.cypruspropertyfinders.com/2011/11/04/ayios-mamas-village-house/feed/ 0 http://www.cypruspropertyfinders.com/2011/11/03/cyprus-security-companies/ http://www.cypruspropertyfinders.com/2011/11/03/cyprus-security-companies/#comments Thu, 03 Nov 2011 15:33:04 +0000 Cyprus Property Blog Properties For Sale in Cyprus http://cypruspropertyblog.org/?p=29465 Paphos based security company services clients all over Cyprus. Almas is known as one of the most professional Cyprus Security Companies.

ALMAS SECURITY started its successful and continuous evolution in the Cyprus Market in 1987. Since then ALMAS SECURITY has gained a reputation and has grown to be one of the largest and most prestigious Cyprus Security Companiess in Sales, Distribution, Design, Installation and Service of:

1.HIGH TECHNOLOGY BURGLARY ALARM SYSTEMS
2.FIRE ALARM SYSTEMS
3.CLOSED CIRCUIT TELEVISION (C.C.T.V) SYSTEMS
4.DIGITAL VIDEO RECORDING & REMOTE TRANSMISSION
5.VIDEO DOOR PHONE
6.ANTI- SHOPLIFTING SYSTEMS
7.ACCESS CONTROL SYSTEMS
8.SPECIALIZED SECURITY SYSTEMS
9.ALARM SYSTEM RECEIVING CENTRAL STATION
10.GUARDING SERVICES, PATROLLING VEHICLES
11.PERIMETRIC PROTECTION SYSTEMS