How warm weather can help you

How warm weather can help you

Warm weather yields 3 major health benefits According to AccuWeather.com The warmer weather and increased sunlight, resulting in many spending more time outdoors. There are health benefits associated with the increase in temperature and sunlight. After a dark, cold winter for many, the transition to warmer, longer days can be just what the doctor ordered. He...
Public transport in Cyprus

Public transport in Cyprus

Four different types of bus service can be used to discover Cyprus. Trans-urban buses connect towns whereas rural ones link the villages to bigger cities. Urban buses offer their services within the city. Additionally, there are airport transfer buses that pick you up from the airport. Urban buses have fixed routes every half an hour, but the...
Internet access in Cyprus

Internet access in Cyprus

Internet access is available in Cyprus via ADSL, Dial-up and Wireless connections. It is now common for ISPs to offer bundle packages, combining telephone, internet and TV for competitive prices. Cyta (Cyprus Telecommunication Authority) and PrimeTel are the leading service providers on the island. However, competition is emerging from other sources. Cyprus Broadband ...
Discovering Cyprus by car

Discovering Cyprus by car

Cyprus has a very good road infrastructure and more road construction is still in progress or planned. However, the standard of driving is still quite poor. Many road signs, traffic lights and speed limits are ignored. Unfortunately, many foreigners adapt to this style of driving. The speed limits are 50 km/h (31 mph) in built up areas and a maximum of 80 km/h (50 mph) or 100 ...
VAT regulation for villas to let remains unclear

VAT regulation for villas to let remains unclear

There are many questions which are not answered by the new VAT authority regarding real estate. Residential lets are exempted from the 19% VAT charge, but then this directive goes on to say that if the landlord carries out a business activity, he is most likely responsible for charging it. The 19% VAT charge is high, but if villa/apartment owners let their units out as a busin...
Taxing Airbnb property rental income

Taxing Airbnb property rental income

The practice of renting properties in Cyprus through Airbnb and other websites has come under the scrutiny of the tax authorities who are looking to address the problem of tax evasion on rental income received.  APPROXIMATELY 20,000 properties in Cyprus are rented via Airbnb and other websites and although some owners are paying tax on the rental income they receive, othe...