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A long-term resident in the European Union is a person who is not a citizen of an EU country but has resided legally and continuously within its territory for five years with a means of support (i.e. without recourse to the social assistance system of the host country) and fulfills some further requirements, as defined in Directive 2003/109/EC. [1]
The 2012–2013 Cypriot financial crisis was an economic crisis in the Republic of Cyprus that involved the exposure of Cypriot banks to overleveraged local property companies, the Greek government-debt crisis, the downgrading of the Cypriot government's bond credit rating to junk status by international credit rating agencies, the consequential inability to refund its state expenses from the ...
The Turkish invasion of Cyprus in 1974 de facto partitioned the island into two political areas: 99.5% of Greek Cypriots now live in the free areas of the Republic of Cyprus while 98.7% of Turkish Cypriots live in northern areas of Cyprus self-proclaimed as another state not recognised by any country other than Turkey (99.2% of other ...
Cyprus. Cyprus[f] (/ ˈsaɪprəs / ⓘ), officially the Republic of Cyprus, [g] is an island country in the eastern Mediterranean Sea. It is geographically a part of West Asia, but its cultural ties and geopolitics are overwhelmingly Southeast European. Cyprus is the third largest and third-most populous island in the Mediterranean. [9][10] It ...
Imperio Properties. Imperio Properties[1] is a property development and management firm, based in Cyprus, since 2003. Imperio completed fifty projects, and its biggest project is The Icon tower, which has been completed in 2021. [2][3]
Renting, also known as hiring[1] or letting, [2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time. To maintain such an agreement, a rental agreement (or lease) is signed to establish the roles and expectations of both the tenant and landlord.
Tourism in Cyprus occupies a dominant position in the country's economy, [1] [2] and has significantly impacted its culture and multicultural development throughout the years. [ 3 ] [ 4 ] In 2006, the tourism industry made up 10.7% of the country's GDP and the total employment in the tourism industry was estimated at 113,000 jobs. [ 5 ]
Nicosia[b] (also known as Lefkosia in Greek [c] and Lefkoşa in Turkish [d]) is the capital and largest city of Cyprus. It is the southeasternmost of all EU member states ' capital cities. Nicosia has been continuously inhabited for over 4,500 years and has been the capital of Cyprus since the 10th century.
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