Property Cyprus


Buying Property through a Company in Cyprus

Buying Property through a Company in Cyprus

Buying property through a company in comparison to buying as an individual, has many advantages especially with taxes. If you have a limited liability company, you are entitled to buy as much property as you want, without any restrictions. With a company you can purchase any type of property including land without requiring any permission from the Council of Ministers which is the case with non EU citizens buying privately.


Who Can Buy Property in Cyprus?

Who Can Buy Property in Cyprus?

The process of purchasing property in Cyprus is relatively simple, in comparison to other European countries. All foreigners can buy property in Cyprus, there are no restrictions, as long as the correct documentation is supplied, and the applicant does not have a criminal record. All non-Cypriots need to apply to the Council of Ministers for permission to buy property, and as long as they fit into the following criteria, the granting of permission is more or less guaranteed.

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