Real estate

Property taxes in Cyprus vary depending on the type of transaction. Buyers of new property generally pay 19% VAT, although a reduced 5% VAT rate may be available for eligible primary residences. Purchasers of resale property typically ...

To participate in the Cyprus Permanent Residency by Investment programme, applicants must invest at least €300,000 in an eligible asset, demonstrate a secure annual income from abroad, provide evidence of the lawful source of their ...

To buy property in Cyprus, foreign buyers must select a suitable property, complete legal due diligence, sign and register the Sale and Purchase Agreement, fulfil the payment obligations and transfer ownership in accordance with ...

Cyprus combines European Union membership, a strategic location between Europe, the Middle East and North Africa, a competitive tax framework and a diversified economy, making it one of the region’s leading investment destinations. ...

Cyprus offers eligible non-EU nationals the opportunity to obtain Permanent Residency by purchasing new real estate worth at least €300,000 (excluding VAT). The application can cover a spouse and dependent children, allowing the whole ...

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 ...