Cyprus Golf Property Secrets

Cyprus enjoys a remarkably low crime rate 1/6 of the European average another reason for its popularity with foreign buyers for whom security has become a key element in the property world. Visitors are invariably surprised and reassured by this relaxed aspect of life on the island, where crime is virtually unheard of and theft not commonplace.

All European citizens have the right to seek work in most EU Member States. The Republic of Cyprus has not adopted a transitional period, and thus the principle of the freedom of movement of workers between EU countries is applicable in full. European citizens who come to Cyprus for work must register with the Central Register of Aliens. After being registered, they can look for work if they wish, either through the district labour offices (in all the cities) or by approaching employers directly themselves. They must submit an application for a residence permit to the Population and Migration Archive within three months.

If you make the big move to Cyprus you may want to consider a couple a money saving tips. Solar heating is an economic alternative and its adoption is relatively inexpensive, having a payback period of approximately 5 years.If you will have a garden, it is advisable to drill a borehole for watering as the water charges rise more than proportionately with consumption. This will cost around C1,200 for the borehole and the pump, although it will depend on the depth of the borehole. The drilling of a borehole requires a Government permit first.

Permission will be granted to a company for the acquisition of property, provided that it is for its own use. Offshore companies could therefore, acquire property within the above limits.Generally the permission will not be granted if the property is to be used for letting to others, commercial exploitation or speculation.

Upon the issue of the covering permit or, if this is not required, an application must be made to the Appropriate Authority for the issue of a certificate of final approval.When this is issued, it will have to be deposited at the District Lands’ Office so that the registration of the building on the title deed of the land is effected.

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