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  • Services
    • Corporate & Commercial Law
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Daily Archives: October 25, 2023

acquisition property foreigners

Acquisition of Immovable property by foreigners

Announcement, Business, Cyprus, EuropeBy Nicoletta SavidouOctober 25, 2023

Table of Contents Introduction Any Purchaser who is a non-EU National and/or a holder of a non-European Passport and/or a non-citizen of the Republic of Cyprus is required to apply for the Acquisition Permit of the Immovable Property, which is subject to the approval of the Council of Ministers. The approval needs to be given…

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