Useful articles about Cyprus

Cyprus extends 5% VAT on new homes until the end of 2026 — emergency legislation passed. The transitional period for the reduced VAT rate was originally set to expire in June 2026. However, due to significant delays in planning and ...

After 15 June 2026, the reduced VAT rate of 5% on residential property will no longer apply under the old criteria. Most purchases will fall under the standard 19% VAT rate. Does this mean buyers have only a few months left to secure a ...

Buying property in Cyprus is a relatively straightforward process, but buyers should understand several important legal and financial considerations before proceeding. These include whether approval from the District Administration is ...