A Glimpse Into The Future - What Happens When There Are No More Bitcoin To Mine?

ANALYSIS Bitcoin’s blockchain protocol makes mining more difficult as more miners join the pool, and the Bitcoin reward for mining a block also halves every 210,000 blocks. As it stands, mine [...]

Land lease fees to be scrapped

Fees on lease or rent of land will be scrapped by the land registration office, after a majority vote in parliament on Friday. Specifically, two bills on VAT were voted into law, both hailing from ru [...]

EC: Public debt to rise

Cyprus` unemployment rates will further decline to 9.0% in 2018 and 7.1% in 2019 (11.1% in 2017) according to the Spring Economic Forecast of the European Commission, published today i [...]

Property transactions up 29% in April

The highest increase was reported in Famagusta district where the number of transactions rose an annual 79 per cent last month to 52, the department said.

Tax department looking to tax Airbnb rentals

Tax authorities are now eyeing short-term property rentals such as Airbnb which, due to loopholes in the law, are not subject to tax. The matter was raised on Monday at the House finance committee, w [...]

Frequent flyer points, travel or cash back rewards, which one is best for you

There are a number of rewards credit cards out there, and each seems to offer the user something different. Some offer points rewards that you can spend in their online store or trade in for discounts [...]

Tax break for young couples buying land for first home

The government has submitted to parliament a draft bill indirectly exempting from payment of 19 per cent VAT young couples who buy land for the purpose of building a primary residence. The issue is r [...]

Privatisation process for Cyprus Cooperative Bank postponed until mid-May

The privatisation process for the Cyprus Cooperative Bank has been postponed for mid-May.Under the initial timeframe, binding offers should have been submitted next Monday.The delay wa [...]

Kalogirou: Cyprus an ideal destination for startups and tech companies

Cyprus comprises a safe, liable and competitive destination for startups and tech companies aiming for a global outreach, and is fully implementing relevant European legislation, Demet [...]

Featured Property