Without sounding too much like Noel Edmonds I am intrigued to find out the consensus on a few topics.
We spent a week visiting Cyprus last month looking to buy a retirement pad.
Sadly BREXIT has forced us to speed up our plans - Perhaps.
We were on a “Viewing Trip” and went round a lot of locations looking mainly at New build properties but with the odd resale thrown in.
While we were there, we met up with their tax and immigration specialist. He informed us that you no longer need to re apply annually for an MEU1.
Can anyone confirm that this is true or not.
He and the sales agents + some expats who were selling their home told us that if we were to purchase a resale or sign up to a new build, that we could apply for the MEU1 and the Cypriots would probably grant it without us having to live there at the moment - As long as it is our intention to settle and we visit every couple of years.
Again has anyone heard that one ?
Lastly if there is a No Deal, is it true that everyone currently holding an MEU1 will retain the right to stay permanently ?
The UK press release is saying that the “Transition” is still a negotiation, and thus if there is a No Deal, then nothing is set in stone.
October is the big deadline to see if a deal can be done, but there is infighting with the press saying the Labour Party will vote out any deal that is done.
So in essence we have from perhaps October to 19th March to buy a place.
interested to know what people think