Cyprus Prepares to Accept Applications for the EU Blue Card Cyprus is getting ready to launch the EU Blue Card program. According to our information, the migration service will start accepting applications in mid-summer. As a reminder, the EU Blue Card is a residence and work permit that allows highly qualified third-country nationals to live […]

Buying property in Cyprus can be a profitable investment, but it’s also a legal process with mandatory fees. One of these fees is stamp duty, which is an obligatory payment. Although the amount may seem small, mistakes or late payments can lead to fines. Let’s take a closer look at how stamp duty works, who […]

On Wednesday, February 26th, the President of Cyprus was presented with the key proposed tax changes, which will form the foundation of the upcoming tax reform. Here are the most significant updates: Dividends & Corporate Tax: Abolition of the “deemed dividend distribution” system. If you need a refresher on what this means, check our post […]

When drafting a Will in Cyprus, one of the key roles is that of the Executor—the person responsible for ensuring that the wishes of the deceased are carried out. Usually, duties of the Executor go far beyond simple administrative tasks. What are responsibilities of the Executor? Below are some of the key responsibilities an Executor […]

Many people assume that if they don’t leave a will, their assets will automatically pass to their close relatives without any complications. However, the rules of intestate succession in Cyprus are far from simple and can lead to unexpected consequences. Why is it important to have a Will in place? Without a will, assets are […]

Many expect Cyprus to become part of the Schengen Zone soon, but the reality is more complex. Despite its official intention to join, full accession in 2025 is highly unlikely. Why? Key obstacles: Lack of control over the entire territory Cyprus remains a divided island, and the buffer zone with Northern Cyprus creates challenges for […]