IMF Statement

IMF Statement

In a Concluding Statement following its recent mission to Cyprus, the IMF has made a number of recommendations on real estate including reinstating the annual Immovable Property Tax (IPT), raising transfer fees and streamlining the procedures from issuing and transferring Title Deeds: Policy adjustments may be needed to avoid a potentially unsustainable increase in constructio...
International Tuesday, 17 October, 2017
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