Essential Due Diligence Checks for Cyprus Real Estate
Purchasing property abroad can be an exciting option and Cyprus stands out as a top location, whether you are seeking a new home for relocation, an investment opportunity…
Purchasing property abroad can be an exciting option and Cyprus stands out as a top location, whether you are seeking a new home for relocation, an investment opportunity…
Cypriot legislation governs the process to be adhered to in situations where a person passes away without a will and is a resident of Cyprus and when a person dies abroad without a will but at the time of the death, he/she possessed immovable property situated in Cyprus.
Cypriot legislation governs the process to be adhered to in situations where a person passes away without a will and is a resident of Cyprus and when a person dies abroad without a will but at the time of the death, he/she possessed immovable property situated in Cyprus.
In a significant legal advancement, the Cypriot House of Representatives has approved an amendment to the Civil Registry Law, marking a substantial change in the nation’s naturalisation approach.
Cyprus emerges as a compelling destination for Saudi investors seeking strategic business opportunities.
Extension of the deadline for the payment of the Fee of the Cyprus Central Agency for Equal Distribution of Burdens (K.F.I.K.B.) 0.4% due to the transfer of real estate and shares after sale during the period 22/02/2021 until 18/11/2022.
Παράταση προθεσμίας καταβολής του Τέλους Κεντρικού Φορέα Ισότιμης Κατανομής Βαρών (Κ.Φ.Ι.Κ.Β.) 0,4% λόγω μεταβίβασης ακίνητης ιδιοκτησίας και μετοχών κατόπιν πώλησης κατά την περίοδο 22/02/2021 μέχρι 18/11/2022.
We’re pleased to be one of the authors to the latest edition of “Buying & Selling Real Estate: An International Guide” in ILN’s comparative guide.
Cyprus has been considered as an attractive destination for investors, individuals and families through its competitive transparent legal, financial and regulatory framework as well as the advantageous tax policy combined with the strong banking system and stable economy with high standard of living and an excellent education system.
Cyprus is a common law jurisdiction, and its legal system is based on the UK one. It is a clear and robust system which leaves no uncertainty as to the ownership status of real estate in Cyprus.
Landlords who fall within the scope of the Tenancy Law of 1983 (23/1983) as amended (hereafter “the Law”) can increase their tenants’ rents by a maximum of 6% after a decade zero increase in rents.
Οι ιδιοκτήτες ακινήτων, που εμπίπτουν στο πεδίο εφαρμογής του Περί Ενοικιοστασίου Νόμου του 1983 (23/1983) ως τροποποιήθηκε (στο εξής ο «Νόμος»), μπορούν να αυξήσουν τα ποσοστά ενοικίων στους ενοικιαστές τους με ανώτατο όριο 6%, μετά από μια δεκαετία μηδενικής αύξησης των ενοικίων.
The Ministry of Interior’s proposal to revise the criteria for granting permanent residency under Regulation 6(2) of the Aliens and Immigration Regulation was approved by the Council of Ministers.
The Parliament has passed a new law levying on a 0.4% tax on all sales of immovable properties. The imposition of this levy is intended to serve humanitarian purposes by supporting Greek -Cypriot refugees.
Cyprus has been considered as an attractive destination for investors, individuals and families through its competitive transparent legal, financial and regulatory framework as well as the advantageous tax policy combined with the strong banking system. The island has received a considerable inflow from Lebanese individuals, companies and families which are seeking to safe destinations outside…
Transfer of a property in the name of an “enclaved buyer”. A new deadline is approaching. Did you know that the right of all purchasers who did not lodge and/or submit their sale contract or assignment agreement before the District Land Office lapses on 31.12.2022? The recent legislation is judged to be fair as it…
A. General Introduction Cyprus is a common law jurisdiction, and its legal system is based on the UK one. It is a clear and robust system which leaves no uncertainty as to the ownership status of real estate in Cyprus. The Land Registry Office in Cyprus (with district offices in each of the major towns…
Τι είναι η Πνευματική Ιδιοκτησία Σε αντίθεση με την ιδιοκτησία φυσικών αντικειμένων, όπως για παράδειγμα την ιδιοκτησία αυτοκινήτων, σπιτιών και άλλων αντικειμένων, η πνευματική ιδιοκτησία αναφέρεται στην ιδιοκτησία ενός φυσικού ή νομικού προσώπου επί δημιουργιών του ανθρώπινου μυαλού, όπως για παράδειγμα μία εφεύρεση, σχέδιο, διακριτικό σήμα, καλλιτεχνικά έργα. Τα δικαιώματα πνευματικής ιδιοκτησίας προστατεύονται τόσο από…
Cyprus Digital Nomad Visa Scheme – An attractive option for remotely workers In the early years of pandemic Covid-19, the term “work remotely” has gain popularity throughout of the world. Work remotely has been extended and prolonged in many businesses with a positive impact on both the employer and employees, whereas in some cases “work…
Completion of Conveyancing Conveyancing is the process which must be followed for transferring an immovable property from the vendor to the buyer. The procedure could be described as complicated as it requires the submission and drafting of relevant documents. Legal representation is required to complete this process. Selection of Property – Reservation – Payment of…
New Amendments to the Provision of Regulation 6(2) of the Alien and Immigration Regulations for the Cyprus Permanent Residency Programme: Cyprus has been considered as an attractive destination for investors, individuals and their families for many reasons, such as: a favourable tax framework with an expanded network of double tax treaties (currently 65); fast access…
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