Buyers Info

01/01/2019

If a property is not subject to VAT, then the Title Deeds Transfer Tees are calculated based on the value of the property with 50% discount, are payable by the buyer as follows:

06/08/2015

Exemption from Capital Gains Tax and 50% discount on transfer title deeds fees

28/03/2015

UN resolutions Since the 1974 invasion of Northern Cyprus by Turkey, the UN has passed numerous resolutions, including nos. 541 (1983) and 550 (1984) that underline the non-recognition of the military government in Northern Cyprus by ...

20/03/2015

Cyprus' property tax is calculated on the market value of the property as at 1st January 1980 and is paid annually the Inland Revenue Department.

08/11/2013

Revision of the criteria for granting an Immigration Permit within the scope of the new, expedited procedure to applicants who are third country nationals and invest in Cyprus

11/10/2012

The amount of Capital Gains tax is 20% payable upon disposal of the property. The first €17,000 for each person is exempt. The gains amount is the difference between the sales proceeds and the original cost of property.

10/10/2012

Stamp Duty is paid based on the value of the property :

22/11/2011

Cyprus, officially the Republic of Cyprus, is an island country in the Eastern Mediterranean Sea. Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. From ancient ...