Final approval of Estia loan scheme expected in next two weeks – Cyprus Mail

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Changes to Citizenship scheme approved – Cyprus Property News .. Cyprus is ‘next property investment hotspot’, says agency. the existence of a separate registered title of the property which very much simplifies the whole process towards the final approval of the application. However.

Government of Cyprus has established and revised a "Scheme for Naturalization of non-Cypriot investors by exception" on the basis of subsection (2) of section 111A of the civil registry laws of 2002-2015, with specific incentives, terms and conditions and control procedures in order to prevent abuse.

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CYPRUS MAIL Thursday, March 28, 2013. 3. Home. A small comfort as electricity bills to be reduced By Poly Pantelides CONSUMERS will pay at least 5.75 per cent less for their electricity from April.

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Dubbed Estia, the scheme. loan repayment subsidised by the taxpayer. To be eligible, a household’s annual net gross income must not exceed 60,000 for couples with four dependents or more; 55,000.

Parliament has already approved the budget, and banks and other asset management entities will enter the scheme next month. eligible borrowers will apply in September and the first payments are expected to be made in December, the minister said. It covers loans (mortgages) that were classed as non-performing as at September 30, 2017.

The Deposit Guarantee and Resolution of Credit and Other Institutions Scheme The Deposit Guarantee Scheme was first established in 2000 and operates as a separate legal entity since then. The Scheme consists of three funds, the Deposit Guarantee Fund for Banks, the Deposit Guarantee Fund for cooperative credit institutions and the Resolution.