REAL ESTATE INVESTMENT
Golden Visa real estate investment entails purchasing new residential properties from a developer or a resale commercial property. The investment must be paid in full with funds from abroad, not sourced or borrowed within Cyprus.
VAT Reduction and Eligible Properties
If the property is for the investor’s personal use, the VAT is reduced to 5%. Residential properties must be new, off-plan properties are included irrespective of the delivery date. Commercial properties may include offices, shops, hotels which are resale or used.