Cyprus Financial Crisis Hits Expats
Category: Real estate, Posted:18 Mar 2013 | 16:09 pm
Media is ablaze today over the monetary crises in Cyprus.
For many U.K. citizens who reside there a new tax measure could impose a reported 9.9% tax on bank deposits over 100,000 euros. Those under the amount would be hit with a 6.75% levy.
It's a one-time charge and is part of a bailout package that has been agreed by the government and the IMF.
Cyprus remains a popular expatriate retirement destination with nearly 60,000 British residents.
Destination Ink Radisson For Patong HotelCategory: Hotels, Posted:12 Mar 2023 | 23:16 pm Phuket’s hotel brand conversion trend is continuing, with the latest move having Radisson sign a deal for a 390-room hotel in Patong. Owned by the Destination Group, the property will be branded as a Radisson. This is the fourth recent conversion by Destination with one more Radisson and two Holiday Inns by IHG. Expect more […]