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    Investment advice

    You had better have thick skin. Even if you are the best in the world- there are plenty of cowboy operations that will give you a bad name. It can get demoralising as hell.
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    IFAS REQUIRED for overseas developer in Cyprus, Greece and Crete

    Hi, I work for the largest Developer in Cyprus, we offer a full range of services from design through to unlimited, and unrivalled aftercare- geared towards the UK market. I work from the UK head office, and we are currently taking on new IFAs to refer clients to us. Obviously the reward...
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    Tax Shocker: Property Owners

    Sorry if my answer was a bit broad and simple- From my understanding from a Blevins Frank manual- For UK residents who become domiciled in Cyprus, they need only pay the Cypriot flat rate of Pension tax. However, if the expat spends more than 90 days p.a. (throughout one calendar year, not...
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    Mortgages Changes: Added Hurdle

    Come on Grumpy- that wouldn't be fair now would it? Although I named the developer for whom I work- it must be made clear that I am on this forum as an individual and any posts I make represent only my opinion unless I state otherwise. If it seems like I'm 'plugging' the company at times it...
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    Tax Shocker: Property Owners

    It doesn't just offset your tax liability pound for pound, it offsets you liability fot that particular tax. I.E. Many of my clients have their Pensions paid into bank accounts in Cyprus, taxed at a 5% flat rate. They do not owe the UK Inland revenue the surplus percentage that they would...
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    Need info on Aphrodite Hills Glof Resort

    Hi, Aphrodite Hills was a good investment- before it became a developed holiday resort. Now unless you intend to own a property for a long period of time and don't care about the oppurtunity cost of not putting your money elsewhere; or you have pots of money and want the lifestyle of living...
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    Mortgages Changes: Added Hurdle

    Hi, I work for a developer- first off, but I have been working in international property for 7 years now. 40% deposits- yes that is what the CBC are requesting, however Pafilia are offering 20% deposits still, so 80% LTV. We do not overvalue our properties to achieve this, we use a bank...
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    Tax Shocker: Property Owners

    Okay, to clear things up a bit: There is NO INHERITANCE TAX IN CYPRUS, it was abolished in 2004. The last time I checked there was a double tax treaty between Cyprus and the UK- meaning you choose where to be taxed. You will not pay inheritance tax on a property in Cyprus. Tax Not...
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