Vat on Property
Currently, VAT Is Charged at 19% on the Purchase Price of the Property and Is Paid by the Buyer However, if the…
Transfer Fees
TRANSFER FEES The transfer fees are paid by the buyer on the date the title deed is transferred in his name. The…
Title Deeds
Legal & Tax- Title Deeds The transfer of freehold ownership from seller to buyer is a simple procedure which takes place at…
Stamp Duty
CHANGES OF STAMP DUTY AS OF 1ST MARCH 2013 Purchase Price € Transfer Fees Rate 0 – €5,000 0 ‰ €5,001 –…
Procedure to buy Property
Buying a property in Cyprus is a very simple procedure and secure process. Appoint a lawyer in order to get an independent…
Permanent Residence Permit
Below find the official announcement from the Ministry of Interior regarding the requirements and procedure that a non-EU applicant should follow in…
Legal System & Land Registry
The Legal System in Cyprus is based on the British System. The Land Registry Department is one of the most advanced and…
Frequently Asked Questions
FAQ’S For further information as well as all application forms please visit the website of Ministry of Interior. www.moi.gov.cy
Citizenship
Below find the official decision of the Council of Ministers stating the criteria and conditions that a non-EU applicant should meet in…
Annual Property Taxes
1. Immovable Property Tax Immovable Property Tax is paid annually by 30th September of each year and is calculated based on the…