Over the past ten years, the Republic of Cyprus has granted more than 30,000 passports and “golden visas” to non-EU nationals, alongside over 60,000 residence permits to encourage investment in the island’s economy. On paper, these figures reflect a booming investment-driven migration strategy. But behind the numbers lies a growing concern: who really benefits from The post Golden visas in Cyprus: Investment or inequality? appeared first on Cyprus Property News.

The Cypriot real estate market showed clear signs of a slowdown in April 2025, particularly at the luxury end of the market. According to data released by Ask Wire, a tech-driven property data firm, the 10 most expensive property transactions across the island totalled €18.4 million. The top 50 deals came to a combined value The post Luxury property market sees notable slowdown in April appeared first on Cyprus Property News.

Cyprus’ political landscape was once again stirred this week as the findings of the Auditor General’s latest report on party finances came under scrutiny. Political parties have reacted to the revelations, some welcoming the recommendations, others defending their practices, and a few launching broader critiques of the system itself. While improvements over previous years were The post Political parties react to Auditor General’s report appeared first on Cyprus Property News.

Between 2016 and 2021, property development and construction companies emerged as the leading source of corporate donations to political parties in Cyprus, according to an analysis by the Audit Office. The study, which examined contributions exceeding €1,000, revealed that these sectors were responsible for over a quarter (25.52%) of all corporate political contributions during the The post Property and construction firms top Cyprus political donations appeared first on Cyprus Property News.

Cypriot political parties received more than €1.1 million in donations from individuals and companies connected to the Cyprus Investment Programme, commonly known as the “Golden Passports” scheme, between 2016 and 2021. According to findings by the Audit Office, carried out at the request of the Parliamentary Committee for the Monitoring of Development Plans and Public The post Political parties got €1.1M donations from Golden Passport Scheme appeared first on Cyprus Property News.