What are the immigration costs of buying a house in Cyprus?

Updated on Financial 2024-02-29
6 answers
  1. Anonymous users2024-02-06

    Hello, the road group for you.

    1. Naturalization house purchase cost: invest 2.5 million euros to purchase multiple or single houses; In the case of the purchase of commercial real estate plus residential or all commercial real estate, the purchase of an additional residential property of not less than 500,000 euros is required;

    2. Permanent residence purchase costs: invest in the purchase of real estate of more than 300,000 euros (excluding VAT), and deposit 30,000 euros in Cyprus, and increase 50,000 euros for each additional co-applicant;

    3. Stamp duty: according to the purchase price, it will be charged proportionally, with a minimum of 170,000 euros and a portion of more than 170,000 euros;

    4. VAT: VAT is 19% of the purchase price, and it can be reduced to 5% if the conditions are met;

    5. Transfer fee: 3% for less than 10,000 euros, 5% for 10,000 euros, and 8% for the part above 170,000 euros;

    6. Lawyer fee for buying a house: The legal fee for buying a house is 1% of the total house price (net value), plus 19% VAT. i.e. of the total house price;

    7. Property insurance: 500-1000 euros per year;

    The above are the listed fees, and some are listed, and investors should refer to the actual situation. I hope mine can help you.

  2. Anonymous users2024-02-05

    Landlord Your fee standard is not complete, the intermediary fee can be saved, what is the application fee? A total of 2,400 people are notarized and double-certified, and the entry visa fee and visa fee are just one, is it good? Stamp duty greater than or equal to 170860 is, the lawyer's fee is tax included, the tax refund fee is not, the VAT is 5% for the first house and within 200 square meters, and 19% for the second set or the first set of more than 200 square meters, only to add, Limassol developer DMG.

  3. Anonymous users2024-02-04

    Legal analysis: 1. The main applicant is at least 18 years old, has no criminal record, buys a property worth more than 300,000 euros, and can make a down payment of 200,000 euros, and deposit 30,000 euros in Cyprus and withdraw it after 3 years. 4.

    When people submit their passport applications, they first have to submit the application fee to the Cyprus Immigration Department, which is generally 7,000 euros per person, and the immigration fee for a family of three is 21,000 euros. 5.When people apply for their passports, they also need to apply for a Cyprus visa, which is collected by the Cyprus Visa Application Centre.

    The fee is determined according to the number of people applying for a passport, and the application fee for one person is about 850 yuan. 6.When applying for a Cypriot passport, one first goes to a prescribed hospital for a medical examination, and the cost of the medical examination is based on the fees set by the hospital.

    Legal basis: Law of the People's Republic of China on the Administration of Exit and Entry of Citizens.

    Article 10 Where a Chinese citizen residing abroad wishes to return to China for settlement, he or she shall go through formalities with the Chinese diplomatic mission, consular office or other foreign organ authorized by the People's Republic of China, or with the public security organ of the relevant province, autonomous region or municipality directly under the Central Government.

    Article 11 Chinese citizens who enter the country to settle down or work shall, after entering the country, go through the permanent residence registration in accordance with the regulations on household registration management. Those who enter the country for temporary residence shall go through the registration of temporary residence in accordance with the provisions on household registration management.

  4. Anonymous users2024-02-03

    Method.

    1. Take nationality.

    1.The main applicant must be over 18 years old and can bring a spouse, parents and children under 28 years old2The parents of the main applicant need to purchase a minimum of €500,000 in a residential property to obtain citizenship3

    Investment of €2 million in residential properties or €2.5 million in combined commercial and residential properties4Investors are required to keep a minimum of €500,000 in residential property in perpetuity, with the remainder of the investment after 3 years**.

    Method. 2. Take nationality.

    1.The main applicant must be over 18 years old and can bring a spouse, parents and children under 28 years old2The parents of the main applicant need to purchase a minimum of €500,000 in a residential property to obtain citizenship3

    Applicants are required to pay a fee of €100,000 to GG**Immigration Immigration Pathway.

  5. Anonymous users2024-02-02

    Cyprus Permanent Residency Application Requirements:

    1.The applicant must be at least 18 years old and have no criminal record;

    2.Purchase of a property with a net worth of €300,000 or more;

    3.Proof of assets equivalent to 300,000 euros in the name of the individual and his or her spouse;

    Cyprus Passport Application Requirements:

    1.No criminal record;

    2.Citizenship of Cyprus with an investment of 2 million euros;

    3.Applicants can bring their spouse and children under the age of 18, as well as children aged 18-28 who are currently studying, and the parents of the main applicant.

  6. Anonymous users2024-02-01

    There is still a property tax in the new policy.

    To buy a house and immigrate to Cyprus, you need to pay a certain percentage of taxes such as value-added tax, stamp duty, transfer tax and real estate tax on the purchase of a house.

    According to the current tax rate policy in Cyprus, if the owner acquires a property with a planning permit obtained before May 2004, then there is no VAT to pay, only a transfer tax (300,000 euros for a house).

    property, transfer tax 8%); After that, the real estate property only needs to pay 19% VAT, and there is no transfer tax; In addition, any owner who buys his or her first permanent owner-occupied dwelling can apply for a tax refund and only need to pay it.

    5% VAT.

    In addition, when buying a house in Cyprus, the stamp duty paid is based on the total value of the property, which is particularly low and is levied in a lump sum; The real estate tax is levied on an annual basis, and the specific amount to pay depends on the specific value of the property, such as 300,000 euros of real estate, the tax rate is.

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