Moving to Cyprus: buying property and gaining residency

Interested in moving abroad to Cyprus? Watch our webinar where we speak to a legal expert - Eleni Philippou from Polycarpos Phillipou Law and get insights on the legal process of buying property and moving to Cyprus.

[@dannysmith2408]

Great video, thank you.

[@tinawyatt]

Great video! Thank you 🤩

[@mkam5060]

Thank you for this informative interview. Can you please make another interview about the property purchase and whether properties can be bought on trust? how many beneficiaries can be named under one title deed? Wills and inheritance laws ect ?

[@VerityAssad]

I am hoping to move yo Cyprus this year. It would be great to get advice and deal with you. I will need a lawyer as I will be to buy. I have land in Akrotiri, but two years ago, I was quoted a price as £100,000 this year I was quoted only £60,000. I also have property in the U.k that I have no mortgage on. I'm hoping I can get a mortgage in Cyprus as I won't be able to get one in the U.K for properties abroad. I want to keep my U.K. property as I will have money going in the bank each month.

[@pavelsladek246]

Hi, as an EU citizen, do the transfers of income of 24 000 EUR annually apply to EU citizens? I would like to stay in Cyprus for a year or two to see if I want to stay for good. Then I would buy a property there which would qualify for permanent residency I guess. Thank you.

[@jamestsakrios7438]

Not very accurate regarding how long buying process takes. Huge delays this year processing applications with council of ministers and taking 8 months plus as Brit to buy

[@themothers]

Could a non-eu member open a non dom company and make money outside of Cyprus with that company, and then say that money was earned outside of Cyprus? Would it have to be taken out as a salary or can it be taken out as a dividend?

[@MENSA.lady2]

I want to buy a small 2 bedroom ground floor home in Kyrenia for my retirement. Can you help.

[@MENSA.lady2]

Kyrenia is in the illegally occupied part of the island. As such it's almost impossible to gert legal title to land there. The only exception would be if you bought from someone who has owned the land since before 1974 and lived there continually since. Very unlikely. Newbuilds are uaually on stolen land and when the rightful owner returns you will lose all.

[@catsfan_M]

Cyprus is expensive and has very high rate of tobacco smokers

[@ianf831]

Not that expensive