Sam Orgill of www.proactpartnership.com looks at ways to cope with the credit crunch and some changes needed to stay ahead
Expats can start to believe that they will soon be able to breathe again as the economic outlook starts to brighten up.
Investment markets are picking up, signalling better trading for companies in the UK and US now, and profits next year. Click Here to Read More
With Euro central bankers finally following world interest rates down the Euro's expensive exchage rates are finally easing. Click Here to Read More
Pensions paid overseas into euros will start to give more cash to spend as exchange rates ease in the coming months. Click Here to Read More
Expats can retain the benefits of low tax Cyprus tax even if they spend the majority of time travelling to other locations around the world. There are some rules and guidance but dont break the rules and continue to pay low cyprus tax. See the family, see the world and lift yourself out of the credit crunch gloom! Click Here to Read More
Relocating Abroad is stressful, demanding and can be expensive. Remember ProACT offer Expatriate Advice Services for clients all around the world - Asia, Africa, the Caribeanian, America, Spain, France, Scandinavia, Ireland and the UK. Click Here to Read More
Whether you are relocating to or from Cyprus Contact us for a free review and guidance.
Look out for ProACT's summer specials where we offer all expatriates way to save money with added value offers and reduced priced offers. Save 30% off Tax & Wills Click Here to Read More Buy one - Get one FREE offer Click Here to Read More
THE CYPRIOT economy is now officially in recession, following a 0.5 per cent contraction in the three months to June, its second consecutive negative reading for GDP, data showed yesterday. Coupled with figures for the first quarter, which showed gross domestic product to have shrank 0.6 per cent quarter-on-quarter in the first three months of the year, negative growth in the second quarter means that the widely accepted definition of a recession – two consecutive quarters of negative economic growth – has been met.
International buyers have become mistrustful of the industry in the wake of the economic crisis, according to business leaders at the latest OPP Roundtable. The discussion, which took place in London last month, concluded that there was a greater need for transparency in order to restore buyers’ faith in developers and agents.
