Don't Buy Yet! New Rules About to Make This Luxury Real Estate Dirt Cheap?

New Rules Being Implemented to the popular residency program in Cyprus about to crash the real estate market?

Cyprus is introducing some major changes in their residency programs. These changes could potentially lead to real estate crash in the country.

Cyprus is a popular country for investors, location independent workers, global entrepreneurs and digital nomads.
In the past it offered arguably the most appealing Citizenship by investment program in Europe, which would give you access to the European Union, and many freedoms that come with it. Unfortunately this program got shut down.

At the moment there are residency programs that are available in Cyprus, and up until recently it wasn't too difficult to qualify and relocate to Cyprus.

However, rules are changing and yet again it is for the worse!
These new changes are quite drastic, which could lead to fewer foreigners coming into the country. Could this cause a crash in their real estate market?

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