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Practical commentary on the legal developments that affect businesses and individuals in Cyprus.
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Real Estate Law
What is Stamp Duty in Cyprus? Stamp duty is a government tax payable on most contracts and written agreements in Cyprus, including property sale agreements. It is applied to the total value stated in the agreement and is collected by the Cyprus Tax Department. Although paying stamp duty is not a precondition for an agreement… Read More
Real Estate Law
Can Foreigners Buy Property in Cyprus? – Legal Guide Cyprus is a highly attractive destination for foreign buyers thanks to its warm climate, high quality of life, and favourable tax and residency options. Foreigners can generally buy property in Cyprus, but the exact rules depend on whether you are an EU or non-EU citizen. 1…. Read More
Real Estate Law
Taxes and Fees When Buying Property in Cyprus – Complete Guide Cyprus has become an increasingly popular destination for foreigners buying real estate, thanks to its low cost of living, high quality of lifestyle, favourable permanent residency policy through property acquisition, and status as one of the top retirement destinations in Europe. One of the… Read More
Real Estate Law
Purchasing a property that will be used as a home is a dream come true for many people. When deciding to go through this idea, you should take into consideration some aspects to secure your desired outcome. According to Cyprus law, Cypriots or persons of Cypriot origin as well as EU citizens who have their… Read More
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