The Paphosfinder
newsletter
May 31, 2002
========== PaphosFinder.com Newsletter ======
May 31, 2002
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7 ATM-like Info points been installed around in Paphos in tourist areas.
You can find information about hotels, places to of interest, restaurants,
cafes, bars etc and other general advice, you may also print out the information
if you wish..
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VAT is set
to rise on July 1, from 10 % to 13 %, before reaching its final target
of 15 per cent on January 1, 2003, brining Cyprus closer to integration
and full membership within Europe.
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STARTING
31st of May any drivers caught by the police smoking with a minor (under
16) on board or throwing a cigarette butt from a vehicle will be fined
CYP30.00
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The Cypriot
parliament approved a 20 cents per packet tax hike to cover their EU obligations
on consumer goods taxation. Effective immediately.
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Changing to the new telephone numbering system.
The transitional
period for telephone numbering throughout Cyprus comes to an end today.
99 and not 09 will now precede all mobile numbers.
All national numbers will be precede by 2 and then the area code, as follow,
Paphos now 26, Limassol is now 25, Larnaca is now 23 and so on for each
respective town.
When dialling
to Cyprus from abroad, you do not drop the 2 prefix, unlike the 0 used
to be. So to get through successfully you must now dial the country code
00 357 and then the whole of the telephone numer including the area code.
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The rules
regarding selling second hand duty free have been under the microscope
recently. Legislation passed by the Cypriot authorities to impose full
taxation on second hand car sales met with huge uproar and the decision
has been reversed, pending review until the end of the year.
When the change does finally take place it will mean that anybody wishing
to buy a second hand car will have to pay local market prices. There is
currently a huge difference between duty free and duty paid prices, so
if
you want to take advantage of the situation you should get your skates
on.
New cars are still available duty free to those that qualify for the tax
exemption, however if you were to sell your car in the future you would
have to take account of the tax and include it in the sale price. You
would be liable to pay this tax at the point of sale.
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Cyprus has
made progress in its 12-year cheese campaign to get Halloumi recognised
as a purely Cypriot product. Halloumi has been successively registered
as an exclusive Cypriot cheese in Britain, America, Greece and Canada.
However, the rest of the EU, New Zealand, Australia and Brazil are still
in need of persuasion.
Halloumi is now a registered trademark for the exclusive Cypriot cheese.
A quarter of all Halloumi exports are earmarked for the UK market alone.
We say it’s a sweet victory for the spongy cheese.
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The roads
in our region are always a topic in the public spotlight. With the onset
of the peak tourist season upon us, there is a major decline in road works
activity in the main tourist areas.
The main roads in Kato Paphos are being re-surfaced and work on the installation
of the Paphos sewage system is being continued in less busy areas.
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Alpha bank's
new housing loans
New ‘Alpha
Family Housing Loan’ plan offers 4.9% for the first year, then Base plus
a 1.65% for the following years. It looks like the best offer in the market.
The duration of the loan is for 30 years and it allows borrowing up to
100% of the value of the property with requirements that the land on which
the house is being built is owned by the borrower.
If the property is not owned and free of debt, then the customer can borrow
up to 80% of the value of the combined property and house.
CYP 10,000 loan on the same terms is offering for purchasing furniture
and other other household items.
Foreigners who are permanent residents in Cyprus may also apply for the
loans.
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We would like to welcome our newest advertiser on board and wish them
every success: Chalk and Cheese restaurant
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included in our prices.
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Tell us what you think
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love to hear your feedback.
Should we feature more local news?
If you are living in Paphos and would like to share some news, we would
appreciate it.
Our aim is to make this newsletter gossip free, informative, and useful
for people who live here or are looking to come to Paphos.
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