- There is no Inheritance Tax in Cyprus.
- A 20% Capital Gains Tax is imposed on profit earned from a property disposal.
- A rate of 1% – 2% Municipality Tax is payable to your local municipality authority, calculated on the value of your property as at 1 January 2013.
- Property transfer fees for the transfer of immovable property are calculated as follows:
| Property Price | % Rate | Fee | Accumulated Fee |
| Up to €85,000 | 3% | €2,550 | €2,550 |
| From €85,001 to €170,000 | 5% | €4,250 | €6,800 |
| €170,000+ | 8% |
- Stamp duty fees are calculated as follows:
| Property Price | % Rate |
| First €5,000 | 0% |
| From €5,000 to €170,000 | 0.15% |
| €170,000+ | 0.20% |
Buying property in Cyprus is not just an investment in real estate; it’s an investment in a lifestyle marked by beauty, stability, and opportunity. With the added advantage of obtaining permanent residency, Cyprus stands out as an ideal destination for those looking to secure a future in one of the Mediterranean’s most inviting locales. Whether you’re drawn by the prospect of sunny days, rich history, or economic opportunities, Cyprus offers a welcoming environment for all.