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"Powering" EA Gallery Estate which is a licensed real estate agency Reg no.534 - 170E

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FEATURED FOR SALE

5 bedroom House to Rent, Makedonitissa Detached House, Nicosia
€930,000
5 bedroom House to Rent, Makedonitissa
Luxurious Detached House of 4bedrooms+maid\'s room Detached House, Nicosia
€1,200,000
Luxurious Detached House of 4bedrooms+maid's room
Traditional Detached House in an exclusive area Detached House, Nicosia
€1,300,000
Traditional Detached House in an exclusive area
Amazing semi- detached three bedroom house Semi Detached House, Nicosia
€300,000
Amazing semi- detached three bedroom house
Superb Top Floor three bedroom at Strovolos Apartment, Nicosia
€370,000
Superb Top Floor three bedroom at Strovolos
THREE PLUS ONE BEDROOM RESIDENCE IN WITH SW/POOL Apartment, Nicosia
€680,000
THREE PLUS ONE BEDROOM RESIDENCE IN WITH SW/POOL

FinMin: Practices of maintaining large n...

FinMin: Practices of maintaining large non-EU deposits and shell companies are over
The practices of maintaining large deposits by non-EU citizens accompanied with shell companies (companies with no physical presence) are finished, Cyprus Minister of Finance Harris Georgiades has said, stressing that Cyprus will not maintain such practices that contributed to the financial meltdown of 2013. “This, and we should acknowledge it, was the model for a very large sector of the economy, that of the services,” Georgiades said during a discussion hosted by the European Commission Representation to Cyprus on the future model of the economy. “When we speak of the services sector, essentially we mean extremely large foreign deposits, not investments, in the banking system which turned out to be a problem,” he said. He referred to press reports that deposits by non-EU citizens, mainly that of Russian citizens are declining. “In the past years, foreign deposits, mainly deposits from Russia declined drastically. Let’s be honest, we had billions and billions of deposits along with a company that nothing but a shell with no employees and no physical presence,” he said. According to Moody’s, at their peak in April 2012, deposits from residents of countries outside the EU climbed to €21.9 billion, exceeding the size of the domestic economy. Following…

21 hours ago

FEATURED FOR RENT

Apartment, Nicosia
€2,100 Per month
Featured Modern 2bed with its own swimming pool
Office, Nicosia
€5,000 Per month
Modern office design all on one floor
Office, Nicosia
€16 Per square metre
One of the best office buildings in Nicosia
Detached House, Nicosia
€4,500 Per month
Luxurious 4+1 Bed Detached House with pool
Apartment, Nicosia
€2,000 Per month
Luxurious Top floor 3bed in Strovolos
Office, Nicosia
€3,500 Per month
Commercial Office space in Modern building


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