Acquisition of immovable property by foreigners in Cyprus
Cypriots and EU citizens: According to the Cyprus Law, Cypriots and EU citizens, Cyprus may acquire any property without restrictions. Non-EU...
Cypriots and EU citizens: According to the Cyprus Law, Cypriots and EU citizens, Cyprus may acquire any property without restrictions. Non-EU...
Capital gains tax (CGT) is charged at the rate of 20% on gains arising from the sale of immovable property in Cyprus or the sale of shares of...
Companies and semi-governmental organisations are subject to corporate tax at a rate of 12,5%.
The Immovable Property Tax has been abolished since 1st January 2017.
The tax rates for individuals are as follows: Taxable Income € Tax Rate % Tax Amount € Cumulative Tax € 0 – 19.500 0 - - 19.501 – 28,000 20 1.700...
“The Cyprus Stamp Duty Law (the “Law”) provides that stamp duty is payable on any document which concerns any property situated in the Republic...
All taxes and duties regarding the property bought, due at the date of the transfer, are payable by the owner (Vendor). The only taxes payable by...
Sale of non-developed building land VAT at the rate of 19% must be charged on the sale of non-developed building land, as of 2 January 2018....