Rare homes on the island of Cyprus.

Yes, but a buyer who is not a citizen of an EU country must first obtain permission from the District Administration on form COMM 145. The permission is free and takes two to three weeks. It covers a plot of up to 4,000 m² for owner occupation, or up to two units, and the limit applies in total to a couple.

The Department of Lands and Surveys charges 3% of the price or market value from €0.01 to €85,000, 5% from €85,001 to €170,000, and 8% from €170,001. No transfer fee is charged where VAT is charged on the same transaction. Where the transaction is not subject to VAT, a 50% reduction applies.

A new home sold for the first time by a developer carries VAT at the standard rate of 19%. A reduced rate of 5% may apply to a primary residence if the buyer meets the conditions set by the Tax Department, which include a certificate applied for through the Tax Department. The floor area and value limits must be confirmed with the Tax Department.

The Tax Department states that the stamp duty laws from 1963 to 2025 were repealed from 1 January 2026. Its notice of 27 March 2026 still describes stamping some documents, so confirm with the Tax Department or your lawyer whether the sale contract attracts any duty.

No. Owning a home does not give residence. The permit for investors requires an investment of at least €300,000 in one of four categories, a secure annual income of at least €50,000, and other conditions, and the authorities decide the application. The application fee is €500 plus €70 for each person for the residence card where needed.

It covers the investor, the spouse and children under 18. Unmarried tertiary students aged 18 to 25 may apply separately. The policy does not list parents or grandparents. An adult child who is not financially dependent may be included on a higher-value investment, with the €300,000 amount multiplied by the number of adult children.

Not at present. The Ministry of Foreign Affairs says visas and residence permits issued by Cyprus are valid only in Cyprus until Cyprus fully integrates into the Schengen acquis, and the European Commission says internal border controls have not yet been abolished. Check the rules for your nationality before you travel.

No. The applicant and spouse confirm they do not intend to work in Cyprus, except as directors of the company they have invested in. Dividends from Cyprus companies may be received, and an unpaid directorship may be held, where the investment is not in a company's share capital.

The investor permit is not described as a route to citizenship. Naturalisation has its own conditions under the Civil Registry (Amendment) Law of 2023, including 12 months of continuous legal residence before applying and at least 7 years of legal residence in the 10 years before that period. Whether time on the investor permit counts must be confirmed with a lawyer.

The annual immovable property tax was repealed from 1 January 2017. According to the Tax Department, no inheritance tax applies to the estate of a person who died after 1 January 2020. A capital gains tax applies on a sale of Cyprus property, and the current rate and exemptions must be confirmed with the Tax Department or a tax adviser.

Send a request on a residence page or through the contact form. Your advisor will reply, arrange a viewing in person or by video, and explain the documents, the costs, the permission for non-EU buyers and the transfer. A Cyprus lawyer should check the contract before you pay a deposit.