SCHEME FOR NATURALISATION OF INVESTORS IN CYPRUS BY EXCEPTION – On the basis of subsection (2) of section 111A of the Civil Registry Laws of 2002-2015 One of the main objectives of the economic policy...

Buying property in Cyprus is a straightforward procedure. The legal framework regulating this procedure is briefly explained below. The acquisition of immovable property in Cyprus by non-Cypriots is regulated by the Immovable Property Acquisition (Aliens)...

Cyprus has recently introduced new legislation, offering permanent residency permit eligibility, to non-EU nationals who purchase a property. Residency permits are generally unlimited in duration. Applications can follow the standard Immigration permit process (criteria detailed...

1. PERSONAL INCOME TAX The following income tax rates apply to individuals:  Chargeable income for the tax year Tax rate Accumulated tax € % €  First 19.500 Nil Nil  From 19.501 – to 28.000 20...

GEOGRAPHICAL POSITION Cyprus is situated in the north – eastern corner of the Mediterranean Sea and lies at the meeting point of Europe, Asia and Africa. With an area of 9.251sq kilometres it is the...