Cyprus Housing Immigration Bureau

The most important thing about buying a house is the property tax. We should know that the property tax in Cyprus is still relatively low, unlike some European countries where taxes and fees are relatively high. Its property tax is based on the British tax system and can be calculated according to its own actual situation. Also note that there is no value-added tax, which means this is not a new house. Although there is no provision for Cypriot immigrants to buy second-hand houses, their immigration regulations are to buy one or more sets of houses not less than 300,000 euros+VAT, so buying second-hand houses may have certain influence on the PR approval in the future.

Second, pay attention to lawyers when buying a house

In the process of buying a house, try not to find a developer's lawyer, because he may act in the developer's position. Generally speaking, the lawyer's fee does not exceed 1% of the house price. If the house price is too high, you can consult a lawyer. In addition, when signing a contract with a lawyer, it is best to indicate whether the fee includes 18% VAT.

Third, distinguish the quality of school districts.

Many people choose to buy a house in Cyprus for their children's education, so they prefer the school district when choosing a house. Some developers use this psychology to promote the so-called school district housing, so applicants must not be easily fooled when choosing. They need to go to school to get to know each other and see the surrounding environment. It's best to go to school to understand the relevant admission requirements, and don't just listen to the opinions of developers. Need to choose brand developers, the security of the house is more secure.

Fourth, purchase related.

If the purchase is faster, we must determine when it can be completed with the developer and intermediary. If the applicant only wants to obtain identity and the house is rented, it is best to indicate the amount of rent and payment method when signing the contract.

Cyprus can immigrate when buying a house. Knowing these precautions, you can buy more suitable real estate and avoid unnecessary losses. It is very important to find a reliable immigration agent. They usually cooperate with local reputable developers, and there are many houses with good quality, which can solve some problems in time and effectively, and handle immigration efficiently and quickly.