Wills & Probate: Cyprus Probate (Re-Sealing) Law

The legal doctrine of “Lex rei sitae” provides that the law of the country where immovable property (house or land) is situated governs the transfer of title to property. With regards to immovable property registered in the name of diseased persons, irrespective of the country where the death has occurred, Cyprus law applies to such…

Cyprus Property Law Update: Accelerated procedure for granting Immigration Permit for third country nationals purchasing property in Cyprus

New guidelines have been issued by the Ministry of Interior concerning the accelerated procedure for granting Immigration Permit to applicants who are third country nationals and intend to invest in the Republic of Cyprus.  The relevant parts of the announcement are as follows: 1.      According to the provisions of Regulation 6(2) of the Aliens…