Cyprus Property Transfer Fees and VAT
MPs in Cyprus are planning to revise Property Transfer Fees and the VAT paid on land sales to eliminate distortions in the Cyprus property market, which they believe is adversely impacting competition. By: Rachael Gillett Published in Cyprus Property News on Sunday 25th March 2018 LAWMAKERS in Cyprus plan to draft a bill aiming to eliminate a distortion where certain buyers of real estate must pay Property Transfer Fees while others do not. When a person buys a new property