Cyprus Commerce, Industry & Tourist Minister Antonis Pashalides has suggested that buyers from Iran and other Middle Eastern countries could get a visa for permanent residence if they purchased property worth 350,000 Euros or more. With new carriers to the island from Emirates, Ethiad Airlines and Jazeera Airways, what is the importance of Ryanair’s decision to postpone negotiations with the Cypriot government?Well it is a hard pill to swallow for many in the UK, but does Cyprus “need” us anymore? Pashalides is looking east rather than west; “Our strategy has been adapted to take into account neighbouring countries for short-range tourism,” said Pashalides, “We are modifying our allocation of marketing resources, advertising, for example – to address these markets.”
What do you think, is Cyprus right to look eastwards rather than rely on recession hit UK?
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