Expat Community > Cyprus

FPE
Joined 2002
Posts: 29

Important info regarding property purchase in Cyprus

20 years ago

Hi
I have just learned that as of May 1 2004 VAT of 15% will be levied on property purchases.

My lawyers are unsure as to how it will be applied whether it will be applied to any outstanding payments on existing contracts or just on new contracts executed from May 1
If you think this may affect you please contact me and I will attempt to assist in finding more info
Vivian
[email protected]

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