Russian, Ukraine investors push up real estate demand

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Russian, Ukraine investors push up real estate...
 © FinancialMirror 2022
Cyprus’ drive to attract high-tech companies, combined with increased interest from firms to relocate, moving from geopolitically unstable regions, is expected to boost demand for real estate.

According to the Central Bank of Cyprus’ Residential Property Price Index (RPPI) report for 2022Q1, the war in Ukraine may create demand in the property market from businesses and investors from Russia and Ukraine looking for an alternative headquarters.

It notes that investors will choose Cyprus due to the favourable investment environment and tax incentives.

“The new tax incentive...

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Article automatically added to our system on Monday, July 4, 2022

Russian, Ukraine investors push up real estate demand

Contents of this article including associated images are © FinancialMirror 2022
Views & opinions expressed are those of the author and/or FinancialMirror .

Article Tags: #russian   #ukraine   #investors   #estate   #demand  

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