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Real Estate Tokenization: The Future of Investment in Property

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Real estate tokenization is a modern way of investing in real estate. This revolutionary concept, made possible because of blockchain technology and smart contracts, has disrupted the traditional real estate industry by offering investors access to fractional ownership of a property.

Real estate tokenization converts the value of real estate into tokens stored on a blockchain, enabling digital ownership and transfer. These divisible tokens represent a fractional share of ownership stake in that real estate.


Despite universal globalization, the real estate market's main problem is that it is still not global. Mass buyers and investors generally look at the real estate market within their country or city. Accordingly, for real estate development companies and property owners, this means an artificial reduction in demand, limiting opportunities for growth in their business. Smart contracts and tokens come to solve these problems. Together, they erase boundaries for real estate transaction participants, reduce transaction costs, and open new opportunities for market participants.

ΠΡΟΣ ΟΛΑ ΤΑ ΜΕΛΗ, ΤΟΥΣ ΟΙΚΟΥΣ ΚΑΙ ΛΕΙΤΟΥΡΓΟΥΣ ΣΥΜΜΟΡΦΩΣΗΣ ΤΟΥ ΣΥΝΔΕΣΜΟΥ / TO ALL MEMBERS, FIRMS AND COMPLIANCE OFFICERS OF THE INSTITUTE

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Με χαρά ανακοινώνουμε ότι η πύλη εγγραφών για τις εξετάσεις πιστοποίησης ΚΞΧ/ΧΤ οι οποίες θα διεξαχθούν στις 9 Απριλίου 2024, είναι πλέον ανοιχτή. Μπορείτε να εγγραφείτε για τις εξετάσεις μέσω της διαδικτυακής μας πύλης από σήμερα, 10 Ιανουαρίου 2024. Η προθεσμία εγγραφής λήγει την Παρασκευή 8 Μαρτίου 2024.

We are pleased to announce that the registrations for the AML/CFT Certification exam scheduled for April 9th 2024 are now open. You can register for the exams via our online portal from today, January 10th, 2024. The registration deadline is set for Friday 8th March 2024.

Η διαδικασία Εγγραφής και αλλαγής στοιχείων στο Φορολογικό Μητρώο έχει αλλάξει.

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Εάν το αίτημα σας αφορά εγγραφή στο Φορολογικό μητρώο, γίνεται πλέον ηλεκτρονικά μέσω της διαδικτυακής Πύλης Φορολογουμένων TFA (https://taxforall.mof.gov.cy). Ως εκ τούτου, εάν το αίτημα σας αφορά τα πιο πάνω δεν γίνεται αποδεκτό. Προϋπόθεση για την Ηλεκτρονική Εγγραφή στο Φορολογικό Μητρώο είναι η Δημιουργία Λογαριασμού στη Διαδικτυακή Πύλη TFA  και ακολούθως η υποβολή του αιτήματος. 

If your request concerns registration in the Tax Register, now can be done electronically through the TFA Taxpayer Portal (https://taxforall.mof.gov.cy). Therefore, if your request concerns the above, it is not accepted. A prerequisite for Electronic Registration in the Tax Registry is the creation of an Account on the TFA Online Portal and then the submission of the request.  

CITIZENSHIP BY NATURALIZATION AFTER 3 OR 4 YEARS OF LEGAL STAY IN CYPRUS FOR HIGHSKILLED EMPLOYEES OF COMPANIES OF FOREIGN INTEREST

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On 30.11.2023 the House of Representatives of the Republic of Cyprus voted for an amendment to the Civil Registry Law. Now highly skilled foreign employees of companies of foreign interest may apply for the Cyprus citizenship after their legal stay in Cyprus for 3 or 4 years instead previous 7 tears. The main condition is the knowledge of Greek confirmed by language exam. The applicants who passed the exam for the Level A2 can apply for citizenship after 4 years and the applicants who passed the exam for the Level B1 can apply for the citizenship after 3 years. Such applications will be examined within 8 months and the family members will be able to apply for the citizenship on the same conditions including the condition for Greek language exam.

Expanding Horizons: The Potential of Malta-Cyprus Dual Companies

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In the growing world of international business, dual company structures offer a strategic edge, particularly when leveraging the unique benefits of jurisdictions like Malta and Cyprus. This article offers insights into the advantages of such setups and provides a detailed analysis of the business landscapes of both nations. Whether you’re an established enterprise or an entrepreneur, understanding the potential of a Malta-Cyprus partnership can be transformative for your venture. In this comprehensive guide, we will give insights into this potent combination, helping you make informed decisions for your business’s future.

 

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