Do I need to be a resident of Cyprus to buy property in Cyprus?Written by Mark Vurnum
One of first questions that most of us when we are thinking about buying property abroad is whether or not we need to be a resident in that country. Given that a lot of countries around world donít permit non-residents to buy freehold property, this is only a natural question to ask.
Untypically, and very much to its credit, Cyprus is not like most other foreign countries however as it has a very relaxed policy towards non-Cypriots buying property in Cyprus. That said, although you do not specifically need to be a resident in Cyprus, in order to be entitled to purchase and own property in Cyprus, as a non-resident you will need to comply with certain local regulations; including making an application to Council of Ministers to request their permission for you to put your name, as a non-Cypriot, on property ownership deeds.
This process, between you applying to Council of Ministers to put your name on property title deed, and your request being granted so that your name is shown on property title deeds, can take up to 10 months. However, although official process can take some time, once you have paid purchase price for property in question you are allowed to move in and live in property you have just acquired - without needing to wait to get permission from Council of Ministers.
Stop thinking about it ... do it,repair your creditWritten by Joe L.Golson
If your credit is messed-up like mine use to be and you are thinking of doing something about it.It's time to stop just thinking and do something about.Do you know longer you wait to start fixing your credit,the worst it get and it take longer to repair your credit It is not my place or goal to make ethical decisions for anyone.But to provide you with credit repair information you need to make an informed decision It's decision of person whose family can't buy a home, or a new car, or get credit cards-- and with numerous derogatory credit items often if they can get these things-- interest rates are so high they can't make payments...
We know that bad things happen to good people. Maybe you got injured or sick and couldn't work, or co-signed and creditor didn't tell you that payments weren't being made, or you were a victim of credit fraud, or maybe you just got in over your head and now your creditors and bureaus are making you and your family pay for that mistake....not to mention money you are paying because you need credit repair Thanks to many laws that have been enacted by our government for your