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Russians Are Actively Buying Property In Cyprus

The recent changes into the cyprus investment program (CIP) rushed Russian citizens to buy immovables on the island. Demand analysis in the first quarter of the year shown 40.43% upsurge. Amendments to the CIP were announced in February and entered into force on 15 May 2019. At the current time, in addition to a standard investment in the amount of € 2 million, the Cyprus authorities do ...

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