Cyprus News

Cyprus – A Millionaires’ Destination?

 It appears so based on the publications that we all read. The tax system, the permanent residency V home buying and the cash/business for a Cypriot passport, it appears that it is becoming more and more successful towards the goal to attract foreign millionaires and others. Having said that, it appears also that we have not attracted money-launderers nor obscure people, but on the contrary, high prestige people and that no only from Russia and ex-eastern block countries but also from Europe. A plan which was adopted by the previous Government, has been adopted by the present Government and it seems that it is working well and interest is increasing.

The present President took it upon himself to promote that policy, hence the trips to Qatar etc whereas the Ministry of Interior is pursuing this approach as a “hot line”. We have now a Norwegian multi millionaire being a Cypriot, a Russian multi millionaire buying 10% of the Bank of Cyprus, the Qatar deal is progressing and others are on line.

To this goal the body which has been set up to attract foreign investments (CYMEPA) is doing very good work. Its extensive trips abroad and the promotion that it has taken, is to its credit to its chairman Phedias Pilides, a most capable person assisted by his council and staff. Yet the same body expresses its dismay on the red tape which discourages newcomers. The recent Israeli software group with approximately 700 workers have been turned away by the red tape in Cyprus and ended up in Malta. Surely this group with the daily flights of 25 minutes from Israel would prefer to be in Cyprus. Yet the civil service which is known for its inefficiency is working against the goal set. But then you might wonder why the Government does not fire and send home these incapable people. No, it cannot be done since as the scheme of employment is, no one can get fired from civil service and promotion is based on years of service and not on capability. With this basis do we have a future? Not of course, but any Government at the time is trying, offering however a lip service rather than action and there is not political will (Government and opposing parties) to take the courageous measures to place the matter right.

We must take action and as Arafat said, “we need an agreement for the brave”. Do we have the brave people in this country, which can take on the civil service with a consequence on the various political parties? We are afraid we do not and it is a shame that small politics do not allow the Government of the time to carry out its policy for those items that are evidently beneficial to the Cyprus economy. We cannot understand that there are no “Cypriot patriots”, who will place their political ambitions at a lower level than the economy and this, at times of economic difficulties.

This is not a political article, but it is an observation of the wrong doings that it is repeated by all Governments right or left.

A similar and shocking situation exists on the placement of teachers. They are appointed based on age and time of application. So we have 50 year old teachers, who have nothing to do with their pupils in terms of age, have left their university 20 years before and yet younger up-to-date teachers have to wait, in order to become themselves 50 years old to get appointed. A mess we are afraid and an example worldwide to be avoided.

Alas, this is Democracy, but as W. Churchill said “democracy is not the best system but it is the best system that we have so far”.

Coming back to the Qatar deal the press are fighting each other over who will be the first to disclose the valuation on behalf of the Government, giving ammunition to the opposing party of the negotiations. Is there any logic in this? And all these because the press feels that it will sell a few papers more for more money?

Mr Antonis Loizou FRICS, the Managing Partner of Antonis Loizou & Associates – Chartered Surveyors, a Cyprus Real Estate service provider based in Cyprus with offices in Romania and Russia. The company website offers more than 3000 Cyprus properties for sale online.

Mr Loizou has practiced in the UK and Cyprus for over 30 years, has a long track record of providing advice on complex real estate projects, writes regularly in the financial press, and is involved in the highest levels of the Cyprus government influencing policy.

Cyprus tourism has best year in over a decade
This performance confirmed Russia as Cyprus' second largest market after the UK, accounting for 14% of all tourists. There was a recovery in arrivals from the UK, which rose by 2.5% to 1020705 in 2011, compared with a drop of 6.8% in 2010.
Read more on Financial Mirror

Tags: cyprus, destination, Millionaires'

Medical Tourism in Cyprus

With a growing number of people heading to Cyprus for medical help, the local industry is expanding its services. The region has become a hotspot for the medical tourist for a number of reasons. Primarily, it offers a variety of medical treatments at a reasonable price among which fertility centers and solutions are most sought after. Along with that, this idyllic region makes for a great holiday destination with its sunny Mediterranean climate and archeological delights. Here are some treatments that can be availed of on this beautiful island:

Dental Care

People travel to Cyprus for dental operations such as dental implants and crown work. These treatments are available at a much reduced rate (an estimated 70%). You need not worry about travel arrangements and similar concerns as many of the dental clinics supply these services as part of the package.

The clinics are fitted with up- to- date equipment and are staffed with fully qualified. The Nicosia Dental Polyclinic is an established clinic that carries out highly competent surgeries and other treatments at a low rate.

Cosmetic Surgery

Another popular treatment on the island is cosmetic surgery with a number of people going in for rhinoplasty and breast enhancement.  Again, you can take advantage of the competitive prices on the island. For instance, in order to get your nose reshaped, you need to shell out just £2400 to £3300. Cosmedicare4u provides a personalized experience in which every part of the operation including hotel booking is taken care of by the clinic. Another option is a Cyprus Sun Med Connections that has outlets in Limassol, Paphos, Larnaca and Nicosia.

Fertility Clinics

Cyprus fertility centers are fast becoming a prominent destination for resolving fertility issues. They offer a variety of treatments such as invitro fertilization, intra cystoplasmic sperm injection, intrauterin semination, nucleus transfer and cytoplasmic transfer. Genesis, Cyprus IVF, ISIS Fertility and Ledra are the pick of the bunch. All three fertility centers boast of a success rate that is well above the average mark. These treatments take a long time for completion and hence, it is worthwhile to make sure that your travel arrangements are well in place before visiting the island.

An interesting point of note would be the fact that 60% of private medical sources in Cyprus inclusive of it famous fertility centers are involved in Cyprus medical tourism.

Besides these treatments, eye surgery, rehabilitation, hair transplant and elective surgery are also available in Cyprus.

The Best of Cyprus (Globetrotter Concise Guide)

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Netanyahu headed to Cyprus to boost cooperation on security, offshore drilling
Prime Minister Benjamin Netanyahu will be going to Cyprus on February 16 in what a Foreign Ministry source says is the first-ever visit by an Israeli prime minister to the island country. Netanyahu hopes to increase cooperation with Cyprus in …
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www.euronews.net Cyprus went drilling for gas in September, partnered up with the US firm Noble Energy, from Texas. Nicosia has high hopes for its exclusive economic zone, though that exclusivity is open to question. Last year’s new find in the Cyprus-Israel-Lebanon triangle piqued Leviathan appetites all around, including the self-proclaimed Turkish Republic of Northern Cyprus and Ankara, which is the only capital which recognises the North. It is not just about possibly striking it rich but about politics.
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Tags: cyprus, Medical, Tourism

Northern Cyprus Hotels

The holiday market is rapidly changing, and whilst today’s economic climate is no help to travel companies, there has never been a better time to book a hotel direct. The world is full of interesting places to visit, but this year it’s definitely time to re-visit one of the wonderful North Cyprus hotels and see all that this glorious part of the Mediterranean has to offer.One of the many delights of this fabulous resort is that, certainly compared to its partner in the south of the island,Northern Cyprus remains relatively quiet.The main towns are bustling and full of shops and businesses, but get away from these and along the coast, and it’s as if you have entered a different world. The Karpas peninsula, covering thousands of acres of the north-eastern tip of Cyprus, really is like “the land that time forgot”. Here you can still drive for half an hour without seeing another car, find deserted beaches and come across tiny villages that look unchanged for centuries and where people still farm with donkeys rather than tractors.

For many years after the early 1970s, Cyprus remained a truly divided country, with the Greek Cypriots in the south and the Turkish Cypriots in the north.The border was monitored and patrolled by the United Nations, and crossing it was only barely possible with a great deal of forward planning and masses of paperwork.This situation meant that North Cyprus became effectively an annexed part of Turkey and the only way to reach it was by a flight via the Turkish mainland. Simple enough, and many took advantage of it, but long and tedious, involving at least a touchdown en-route, and frequently a change of aircraft and a long wait.But no more! For a few years now, the border between the countries has been completely open, and as south Cyprus is a full member of the European Union, anyone holding an EC passport can cross with ease. The big news for anyone looking at staying at a Northern Cyprus hotel, is that this means flights are now straightforward and quick. Larnaca airport in the south is close to the border and only a short taxi ride to most of the resorts in the north. Larnaca has many flight routes, not only from all the major UK airports, but also from many regional ones together with most mainland European cities as well.

So, now you can reach North Cyprus with ease, how about somewhere to stay? Well, the choice is massive. Despite its relative seclusion, the country’s hotel industry is vibrant and world class. Northern Cyprus hotels include a number of five-star plus establishments, which boast all the facilities you could ever want. However, to many people this is not what a holiday in Cyprus is about.The island is famed for its friendly people and an old-fashioned approach to life, in the best possible way – not to mention its excellent food. For this reason,many visitors look for a smaller hotel,and there are some that really are truly excellent;offering superb facilities, but with a much more personal touch.There really is somewhere here for everybody!

The choices appear endless, but there are a few hints to help you get the most from a break.North Cyprus has some of the Mediterranean’s best beaches, but the coast around the main resort (the wonderful harbour town of Kyrenia) is comparatively rocky. Kyrenia and the surrounding areas offer easy access to all the best places of interest, and the area is home to a wide variety of restaurants and tavernas. Unless you want to spend every day on the beach,it’s probably best to look at one of the smaller, nearby hotels and then hire a car to get to the beach some days. Within a twenty-minute drive there are some spectacular beach clubs, with excellent facilities. Perfect for a little “sun, sand and sea” therapy. It’s probably best to choose somewhere quiet to stay, maybe in one of the villages close to Kyrenia, as this will give you easy access to everything you could want, and provide you with a peaceful haven. All the better places have excellent pools and ample terrace areas, so you will never be far from the sun!

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Tags: cyprus, Hotels, Northern

Nightclubs In Protaras Cyprus.

Article by kevin moore

If you ever grow bored on your Cyprus holiday and start hankering after a little nightlife there are plenty of nightclubs in Protaras Cyprus where you can party on until the early hours of the morning should you so wish. Then, maybe straight off afterwards for a full English breakfast in one of the many bars and restaurants that serve them at great prices. Even if you just want some great family entertainment there is plenty on offer all along the strip in many of the themed bars such as “only fools and horses” or Friends bar to name just a few.

One of the best and therefore most popular nightclubs in Protaras Cyprus just has to be Boogies. Situated right on the main strip or “D” as it is known locally they are real easy to find about 200yds down the road from McDonalds on the right just past the water fountain. They play a great range of music for party animals of all ages from “dancing Dads” to hardened all night ravers so you shouldn’t have any complaints whatever your taste in nightlife is. If however you just want a great night out with some family entertainment thrown in you can’t go far wrong in one of the many bars.

It’s amazing that as well as the nightclubs in Protaras Cyprus there are so many venues hosting celebrity performers from all over the world. On an average night you can see live performances by such stars as Abba, Michael Jackson and even the king himself Elvis. What’s even more amazing is that many of these artiste are dead already lol. So if you are into some real class tribute acts you are guaranteed a great fun filled night out on the strip. That’s before you even consider the many Karaoke bars that welcome even the most vocally challenged wanabes that may cross their thresholds.

There are some great nightclubs in Protaras Cyprus but if you really want to dance the night away it’s well worth the short bus or taxi ride into the islands party capital Ayia Napa. There you will find top DJ;s playing a huge range of styles and there are even some great oldies venues too such as “Carwash” and “Bedrock” which has a full on Flintstones theme including a whacky mini moke that is driven around the resort with Fred and Barnie in the back. So whether you want to unwind and relax or party through until the small wee hours there is something for everybody including some great nightclubs in Protaras Cyprus.

Cyprus has always been a hot favourite with tourist from all over Europe especially the U.K. because it has so much to offer whatever kind of holiday you may prefer. With everything from great beaches to exciting nightlife you can take your vacation at the pace that suits you. Assured of an average 320 days of sunshine every year it’s little wonder that folks return to her shores again and again. So be sure to take a good look at just what’s on offer including those great nightclubs in Protaras Cyprus.

Tags: cyprus, Nightclubs, Protaras

Night Clubs in Protaras, Cyprus

Article by Ofimgoodbakiw

In the event you actually expand bored on your Cyprus holiday and start hankering following a little bit nightlife there are many nightclubs in Protaras Cyprus where by you’ll be able to social gathering on until finally the early hrs in the morning will need to you so desire. Then, possibly straight off afterwards for a full English breakfast in a single in the a lot of bars and eating places that serve them at good charges. Even when you just want some fantastic relatives entertainment you can find a good deal on present all along the strip in many on the themed bars these kinds of as “only fools and horses” or Good friends bar to identify just a couple.

One of many very best and so most popular nightclubs in Protaras Cyprus just has to be Boogies. Located right about the major strip or “D” as it is identified locally they can be real simple to locate about 200yds down the road from McDonalds about the appropriate just previous the water fountain. They perform a fantastic array of music for celebration animals of all ages from “dancing Dads” to hardened all evening ravers so that you should not have any complaints what ever your flavor in nightlife is. If nevertheless you just desire a wonderful night time out with some relatives enjoyment thrown in you can’t go far incorrect in one of the numerous bars.It truly is wonderful that along with the nightclubs in Protaras Cyprus you can find so many venues internet hosting superstar performers from all over the entire world. On an common evening you can see stay performances by this sort of stars as Abba, Michael Jackson and in some cases the king himself Elvis. What’s all the more remarkable is that several of these artiste are dead by now lol. So should you be into some serious class tribute functions you happen to be guaranteed an incredible enjoyment stuffed night out about the strip. Which is ahead of you even think about the many Karaoke bars that welcome even by far the most vocally challenged wanabes that could cross their thresholds.

There are a few excellent nightclubs in Protaras Cyprus but if you really choose to dance the night time away it is properly well worth the brief bus or taxi experience in to the islands get together money Ayia Napa. There you can come across best DJs enjoying an enormous selection of types and you will find even some wonderful oldies venues also these kinds of as “Carwash” and “Bedrock” which incorporates a entire on Flintstones theme which includes a whacky mini moke that is driven around the resort with Fred and Barnie within the back again. So whether or not you want to unwind and unwind or bash as a result of till the small wee several hours there’s a thing for everyone like some good nightclubs in Protaras Cyprus.

Cyprus has generally been a sizzling favourite with tourist from throughout Europe primarily the U.K. for the reason that it’s got a lot to offer regardless of what variety of getaway it’s possible you’ll favor. With almost everything from fantastic seashores to exhilarating nightlife you can consider your trip for the pace that suits you. Assured of an normal 320 days of sunshine each year it can be tiny wonder that people return to her shores once again and once again. So be sure to consider a very good have a look at just what is on offer you including people fantastic nightclubs in Protaras Cyprus.

Cyprus Inflation Rises Further In December
(RTTNews.com) – Cyprus' annual inflation accelerated for the third consecutive month in December, data released by the statistical office showed Tuesday. The consumer price index increased 3.93 percent on an annual basis in December, faster than the …
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Tags: Clubs, cyprus, Night, Protaras

A guide to Cyprus, Bulgaria and Spanish Property

Article by Pauline Hopkins

Spanish property, Cyprus property and Bulgaria property are ranked very high in overseas property interest list.Have you too been thinking of buying an overseas property in Spain, Cyprus or Bulgaria? While sitting in your New York office have you been wondering how can I manage to buy a property for sale in Spanish? Here is a mini guide to smoothen your process of buying an overseas property.

While looking for a property in Spain, the first thing you need to bear in mind is that Spanish property market is an unregulated industry. So it is as good as any other unregulated market. There are plenty of good real estate service providers who can help you find a good property for sale in Spain. One more important criterion to be fulfilled when buying a Spanish property is that foreign buyers need to acquire a fiscal identification number known as NIE (Numero de Identification Extranjero). It is required by Spanish tax authorities to identify buyers.

Cyprus is popular holiday destination flashing crystal clear water, sandy beaches, traditional villages and years of history. And now Cyprus property is also in high demand. There are numerous buyers looking for a holiday home as it is very well connected. The land registry system in Cyprus differs only marginally from that in Unite Kingdom. Also the buy-to-let investment opportunity is very high for Cyprus property owners.

Buying a Bulgaria property is very lucrative option with Bulgaria recently becoming a member of EU. One thing important for the foreign buyers eager to buy Bulgaria property is to know is that there is a Tax estimation price, which is similar to ratable value in UK. This price is usually many times lower than the actual sale price and vendors generally prefer to write this price in title deed.

In order to be successful in buying overseas property Spain or overseas property Cyprus or property for sale in Bulgaria, you need to be able to get in touch with a registered estate agent who has a strong local presence and good relations with property developers. While buying an overseas property extensive due diligence is required as property laws are very likely to be different across different places. Thus along with a trusted real estate agent,it is also important to hire an independent legal representative who can clarify any doubts you have and who can be held legally liable.

Tags: Bulgaria, cyprus, Guide, Property, Spanish