Buying Property in Cyprus
The geographical location of Cyprus, its excellent climate and the friendliness and hospitality of its people, together with the relatively low cost of living, are just some of the reasons that have made Cyprus popular with foreign investors for over 20 years now.
The recent entry into the European Union has also brought many new benefits. Reliable banking institutions, legal and accountancy services of a very high standard and the fact English is widely spoken, all contribute towards the continued popularity of Cyprus with foreign investors, whether it be as a holiday home, or that long cherished dream of a permanent home in the sun.
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Selling Property in Cyprus
Cyprus Tax Issues
Individuals are taxed in Cyprus solely based on their residency status, which falls into two main categories, permanent residents and non residents.