Cyprus-Forum.com

[georgios100]

Greetings from Toronto, thanks for the welcoming replies.
I speak a bit of French but lets stick to English.
Option 1 = Property investment - rental return 3-4% plus headaches with tenants. The real estate bubble is still bursting...wait & see situation.
Option 2 = Cyprus bank UK = 18 months at 4.15% - not bad, any taxing on interest earned?
Option 3 = Russina bank at Limassol - 1 year fixed at 7.25 US funds???
Sounds too good to be true?
Georgios

[purdey]

Option 2. No tax on interest.
Option 3. Does look very good, maybe worth looking into in detail. Not sure about insurance coverage on investments up to £50,000.
Can DT advise ?