Our firm assists in obtaining Temporary Residence Permits, Employment Permits (for both Executive and Non-Executive directors), Permanent Residency and Cyprus Citizenship by Exception.
We undertake to guide and provide you with support throughout the process, handle drafting and the collection of documents for the submission of your application, act as liaison with the relevant authorities in Cyprus and ensure that all regulatory requirements are met for the successful examination of your application.
Looking to sell or purchase land or estate ?
Usually individuals when selling or purchasing choose not to appoint a lawyer in order to save on costs. Such transactions are usually for a substantial amount of money and therefore come with a variety of risks. We are here to assist, draft and follow through the selling or purchase making sure that the transaction will close properly with all relevant deeds issued and moneys received.
What are the rates of transfer fees in Cyprus and who pays for them ?
Fees are always payable by the purchaser of the acquired property. The fees are calculated on the market value of the property on the date of purchase.
Fees to the land Registry are as follows
|Property Value in €||%|
|up to 85,000||3|
|85,001 – 170,000||5|
NOTE – For transactions which are not subject to VAT the legislation provides for an exemption of 50% on the amount of transfer fees which is calculated upon purchase by the Land Registry.
Our Services Cover
Guidance through the sale and purchase procedure
Drafting agreements for sale/purchase of land, building, house and/or apartment
Drafting & Submitting wills
Incorporation of trusts
local and international estate administration