Today In Cyprus lives not less than 80.000 Russian, This figure speaks for itself. Process To purchase on real estate it is not combined and It is protected by the European legislation, And from the moment of the introduction of Cyprus in European The union this real estate became even more The attractive. In Cyprus, probably , To buy real estate on tick, on island One of the lowest rates on the mortgage To crediting in the world. And also one of The most simple and loyal procedures in To Europe on reception of the credit by the foreign Citizens.

Leaders Banks of Cyprus give the following Conditions:
Average The rate on mortgage lending .............................. 5 % - 6 %
Obligatory The first payment............................................................ From 20 %
Maximum Term of repayment of the credit.................................... 30 Years

For Credit receptions to foreign citizens It is necessary to give:
1. A copy Passports;
2. A copy The contract of purchase and sale registered In ground department;
3. The inquiry About incomes for last 3 months (it is possible In the free form);
4. Documents About payment of the first payment;
5. Two Municipal accounts from the place of residence.

Average Term of reception of the decision on granting The credit of 5 working days
On Cyprus refusals on granting of the mortgage The credit are a rarity.
the Borrower Can choose credit currency.
the Rate Under the credit can be as fixed, And swimming, сориентированной on The European rates of refinancing (EURIBOR LIBOR) credit registration is possible In Moscow.

Special Programs:
- Installments on payment of the first payment;
- Builders together with banks, Offer individual programs Crediting, where, as a matter of fact, the client Receives installments, instead of the credit;
- « the Individual program one after another Repayments кредита» where the client can To choose that, and in what shares to extinguish in The first stage, percent to bank or The basic amount of debt.

ABOUT To the valid care of the Cyprian banks That testifies to the clients The fact that in financial crisis, Having lowered the interest rate about 6 % to 4,5 %, banks Have backdating counted earlier The concluded contracts.

the tax to the property is charged Proceeding from cost of the bought real estate:
To 170 882 евр..................................................................................... 0 %
from 170 883 to 427 200 евр...................................................................... 0,25 %
from 427 201 to 854 440 евр...................................................................... 0,35 %
more 854 440 евр................................................................................ 0,40 %

Annual The tax to real estate is paid The proprietor of times in a year.
Poshlinnyj The tariff:
to 85 441 евр............................................................................... 3 %
from 85 441 to 170 882 евр................................................................... 5 %
more 170 882 евр.......................................................................... 8 %

Poshlinnyj The tariff is paid at a time after When the buyer enters the rights Seizing also receives « the Title собственника».
Stamp Gathering:
2,55 Euro on each one thousand euro, if cost Property doesn't exceed 170.882 euros
3,42 Euro on each one thousand euro, if cost 170.882 euros there are more than property.
Stamp Gathering is paid once at giving Documents in department of the ground Republic Cyprus grounds.

the Tax On the inheritance. Unlike other countries, Where real estate purchase is connected with Risk at inheritance transfer, in Cyprus Lineal heirs are not obliged anything To prove, they automatically I enter In rights of succession already at registration Title of the proprietor.

the Title The proprietor is registered in The state archive. All state Archives of Cyprus are strictly confidential, Also aren't published at any Circumstances. In 1998 between Russia And by Republic Cyprus it has been signed The agreement « about avoidance of the double налогообложения»

If You has interested, what or Real estate. You can address in Russian service Real estate in Cyprus , Where you receive more detailed Consultation on real estate purchase On island and assistance in its acquisition.