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9.4 Purchasing Property




ΕΛΛΗΝΙΚΑ

Permission for foreign nationals to acquire immovable property in Cyprus under the Acquisition of Immovable Property (Aliens) Law, Chapter 109.


Contents
1. Overview
2. Prerequisites
3. Certificates
4. Legislation
5. Assistance Services

Hide details for 1. Overview1. Overview
1. Overview
Foreign nationals (citizens of non-EU Member States, including foreign companies and companies controlled by foreign nationals as defined by law) wishing to acquire immovable property in Cyprus must first obtain permission from the local District Administration.
In order to obtain permission, application form COMM 145 must be submitted to the District Administration of the district in which the property for sale is located, together with all the necessary supporting documents.
No fee is payable for permission to purchase and applications take between 2 and 3 weeks to process.

Show details for 2. Prerequisites2. Prerequisites

Show details for 3. Certificates (if not issued electronically)3. Certificates (if not issued electronically)

Hide details for 4. Legislation4. Legislation
4. Legislation
The Acquisition of Immovable Property (Aliens) Law, Chapter 109 and associated regulations.

Show details for 5. Assistance Services5. Assistance Services


Related Content

http://www.cylaw.org/nomoi/enop/non-ind/0_109/full.html




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