Insights: The Cyprus Digital Nomad Visa Scheme
The tax and fees on a Cyprus property transaction can be significant. We tell you, clearly, what applies before you commit.
The costs around a Cyprus property transaction, and ongoing local taxes, can add up, and the rules contain reliefs and exemptions that are easy to miss. We set out exactly what applies to your transaction so there are no surprises.
We can assist with:
- Transfer fees payable on transfer of title, and the available reductions and exemptions
- VAT on new property, including any reduced rate and its conditions
- Local and municipal property taxes
- Structuring a transaction tax-efficiently and within the rules
