The Government of Cyprus once again raised the threshold for the amount of money transfers abroad. Today, the amount of the bank transfer outside the Republic could be ˆ 1 million per person per month in one financial institution - instead of the previous threshold of ˆ 50 000. This tells the portal about Cyprus real estate Cyprus Buyers are the Property .
On Monday, March 16, 2015 in the Cyprus Gazette published "35th Decree on enforcement of restrictive measures performance", which reported on the increase in deposits with the bank transfer of ˆ 50 000 to ˆ 1 million per month. However, the restrictive measures are still concerned the export of cash foreign currency outside the country. There is still a journey outside of Cyprus can be taken only ˆ 10 000 per person per month. Cyprus has introduced similar restrictions in March 2013 to prevent the outflow of capital and the country during the banking crisis. The increase in bank transfers threshold will surely be beneficial to property owners who carried out its sale in Cyprus and wish to transfer funds to their home countries. The new decree came into force on 16 March 2015 and will be valid for 21 days. Last week, the management of the Central Bank of Cyprus Crystal Dzheorghadi said that Cyprus intends to fully lift restrictions on the movement of cash by the end of the first quarter of this year.
HomesOverseas.ru
