Property Purchase Costs in Cyprus: Transfer Fees and VAT
What it actually costs to buy property in Cyprus, beyond the purchase price. A short guide to transfer fees, VAT and legal costs. The purchase price is rarely the final number. Buyers who only budget for the figure on the sale agreement are often caught out by what comes next, and the two costs worth […]
Reduced VAT Certificate in Cyprus: How to Get 5% VAT When You Purchase Property in Cyprus (2026 Guide)
If you’re planning to purchase property in Cyprus as your main home, you may be entitled to pay 5% VAT instead of the standard 19% — but only if you apply for and obtain a reduced VAT certificate from the Cyprus Tax Department, and only if your property meets specific size and value limits. This guide explains exactly how the scheme […]
Can Foreigners Buy Property in Cyprus? The Complete 2026 Guide
Short answer: Yes. Both EU and non-EU citizens — including UK nationals post-Brexit — can legally buy property in Cyprus. But the rules, costs, and paperwork differ depending on your nationality, and getting the details wrong can cost you time, money, and in some cases your ownership rights. At YIAVASHI CHRISTOFI LLC, this is the single […]
Cyprus Company Tax Benefits | New Tax Regime 2026
Cyprus Company Tax Benefits | New Tax Regime 2026 A new tax regime came into force on 1 January 2026, and clients considering incorporation have understandably been asking what it means for them. The short answer is that the underlying reasons for setting up here remain sound. The reform adjusts certain rates and conditions; it […]
Cyprus vs Germany Tax: Why So Many German Entrepreneurs Are Making the Move
Germany has one of the highest effective tax burdens in the EU. Between income tax, the solidarity surcharge, church tax (for those who pay it), and social contributions, a high-earning individual in Germany can lose more than half of their income to the state. A profitable company faces a combined corporate tax burden that includes […]
Cyprus Tax Residency & NON-DOM Status Guide (2026)
What changed under the 2026 tax reforms If you run a business, invest, or earn money across borders, Cyprus is probably already on your radar. Low corporate tax, 0% on dividends, it sounds almost too good. The good news is that it is legitimate. The catch is that it only works when the structure is […]
Cyprus Company Formation : Complete Guide to Setting Up a Limited Company (2026)
Cyprus remains a preferred jurisdiction for company formation, largely due to its 15% corporate tax rate, EU membership, and double tax treaty network. But incorporation is only the first step. How the company is structured afterwards determines whether it delivers the benefits clients expect. A company registered in Cyprus but managed entirely from abroad may […]
Buying Property in Cyprus: What Buyers Need to Know Before Signing
Cyprus remains one of the more accessible property markets in the EU for both local and international buyers. But the legal process behind a purchase is not as simple as signing a contract and transferring funds. A purchase that looks straightforward can carry hidden risks: unpaid mortgages on the title, planning permission issues, or a […]
Legal obstacles on the process of the Cyprus passports revocation
The process of revoking Cyprus passports from 26 rich foreign investors and family members from outside the EU appears to be more difficult than anticipated. The decision was taken by the Council of Ministers back in November, however, no proceedings have been initiated yet because the process is legally stuck. Specifically, articles of the Republic’s […]
Insurance companies face rising costs from road accidents
Insurance companies have to bear the costs of the ever rising number of car and motorcycle accidents in Cyprus – a phenomenon which is taking on alarming dimensions. Association of Insurance Companies data shows that car insurance represents 36% of total non-life insurance premiums. In 2018, gross motor insurance premiums amounted to €188 million compared […]