Кредитование

Большинство коммерческих банков на Кипре предоставляют кредиты местным и иностранным заявителям при покупке недвижимости.

 ОБЩИЕ СВЕДЕНИЯ

  Налог на имущество

Был отменен законом № 78(1)/2000 от 1 января 2000 г.

Местные налоги и тарифы

По грубым подсчетам данные налоги составляют приблизительно € 85 - € 260 в год, в зависимости от размера Вашей собственности.

Эти налоги взимаются за уборку мусора, освещение улиц, канализацию и т.д. Коммунальные услуги, электричество, вода и телефон оплачиваются индивидуально каждым владельцем недвижимого имущества.

 Титул

Передача прав на свободное владение (собственность) от Продавца к Покупателю осуществляется путем процедуры регистрации собственности через Кипрское Ведомство Земельной Регистрации самим Покупателем лично или лицом, уполномоченным покупателем, по доверенности.

При передаче прав на собственность необходимо разрешение Совета Министров.

Беспошлинная торговля

 Имущество, бывшее в личном пользовании, предметы обихода, мебель подлежат беспошлинному ввозу гражданами и не гражданами Европейского Союза, если будет доказано, что имущество не является новым и предназначено для личного пользования.

Комиссионный сбор

Когда передача собственности и регистрация ее на имя покупателя произведена, Кипрское ведомство земельной регистрации взимает комиссионный сбор (регистрационную выплату), размер которой основан на стоимости приобретенной собственности и вычисляется следующим образом:

Комиссионный сбор выплачивается единожды. Если покупка совершена на два лица (мужем и женой, к примеру), то оплата расходов производится в равных долях

The Immovable Property Tax is calculated on the market value of the immovable property as on 1st January 1980, and refers to the immovable property of the taxpayer who is in Cyprus the 1^st January of each year.

* Owner of immovable property of which its value does not exceed 12.500 (with values of 1st January 1980) it’s relieved from Immovable Property Tax.

Exceptions

• Public Cemeteries
• Public Hospital
• Schools
• Property own by the Republic, foreign embassies and consulates
• Listed buildings under certain conditions
• Agricultural land used for agricultural or animal husbandry and its owned by a farmer
• Property located in inaccessible or depressed areas
• Property owned by a missing person
• Procurement Turkish Cypriot property lease in the free areas of the Republic between government as lessor and displaced person as lessee for housing purposes

There shall be no inheritance tax in relation to the persons who died on or after January 1, 2000

Pursuant to the Deceased Persons Estate (Taxing Provisions) Law of 2000, a submission requirement to the Director of the Inland Revenue Department within six months from the date of death.

Transfer Fees

Transfer fees are paid by the buyer to the Department of Lands and Surveys in case of property transfer, according to the market value of the property as estimated by the Land Registry.

The example of the table is for one person regarding the payment of the transfer fees of the property. In case of more individuals then the amounts are adjusted accordingly.

• If the transfer is to a spouse 0,4%
• If the transfer is to a child 0,2%
• If the transfer is to a relative 0,4%

In reorganization, transfer of property from company to company is exempt from paying transfer fees.

Transfer Fees for the period 1/12/2011 - 31/12/2016

1. Abolition of transfer fees where VAT is imposed.
2. Reduction of transfer fees by 50% during the first transfer of real property (immovable property which is transferred for the first time from the date of its Planning Permission or Building Permit) and provided that the dates of entering into the contract for sale and its submission to the Department of Lands, it’s within the period of the validity of the law.
3. The amount of payment for transfer fees is calculated by the Department of Lands and Surveys. However, the Department of Lands and Surveys is not obliged to accept the amount (Purchase Value) of the property document and it estimates on its own the value of the property for tax imposition purposes on transfer fees.
4. In the case that the purchase is subjected to VAT (new houses or apartment), there are no transfer fees. Applicable until 31/12/2016. (They are included in the incentives of the Government).
5. In the case of a purchase of any property which is not subjected to VAT (houses, apartment, lands, plot) the transfer fees are paid at 50%of the estimated transfer until 31/12/2016.

Mortgages

On lands of: 1%

For transfer of loans to another financial institution or payment of fee equal to 1% of the amount of the new mortgage or €200. Whichever amount is the smallest.

For renewal loans of the same financial institution a payment of €50 is required. In case of reorganization, no fee is imposed on the mortgage transfer from a company to a company.

VAT

All residential properties that are new and have never been inhabited not even for a day and are going to be inhabited as first permanent residence from the buyer the first 200m² are subjected to 5% VAT and the remaining m² to 19% VAT (if the application that the buyer submits to the VAT services is approved). All new commercial properties are subjected to 19% VAT.

The Capital Gains Tax is 20% (on net profit) if the property is sold after the 16/7/2015 until the 31/12/2016 the new owner will not pay capital gains tax if he resells it at any later date as long as he/she gains profit (it will be tax free). (They are included in the incentives of the Government).
- The Capital Gains Tax is paid at the income tax office in Limassol.
- The receipt (bankers draft) will be issued in the name Tax Inspector for the payment of the capital Gains Tax (in case it arises).
- The amount for the payment of the Capital Gains Tax is calculated only by the Income Tax Office.

Document Affixing: (Payment and affixing is done at the Income Tax Office of Limassol), cost for affixing depends on the value of the property.
- Document submission (payment and submission are done at the land registry) €50.