Cyprus: Sales Taxes: VAT, GST

The Cyprus property market continues to attract both local and international buyers, whether for private use, relocation, or investment. In many cases, transactions proceed without difficulty.

An EU national, operating a successful consultancy company, sought a jurisdiction that combined tax efficiency, EU credibility, and a high quality lifestyle. With an international client base and no dependence on a physical location, Cyprus emerged as a natural choice for both business relocation and personal residency. The individual also held a personal investment portfolio which was discretionary managed by an EU Financial Institution.

Two Regulations published in the Official Gazette on 27 February 2026 introduce amendments to the Fifth and Eighth Schedules of the Cyprus VAT Law...

The introduction of VAT on the rental of immovable property in Cyprus marked an important shift in the country's tax landscape. Since the amendment of the VAT Law...

The Price Index of Construction Materials for September 2025 reached 118,96 units (base year 2021=100), recording a marginal decrease of 0,08% compared to the previous month.

The "EU Blue Card" refers to a newly introduced residence permit allowing highly skilled, non-EU nationals to work and live in Cyprus, especially in sectors facing shortage of highly qualified personnel.

https://www.cyprusaccountants.com.cy/ Live recording session with our network colleagues about the reasons businesses, entrepreneurs and investors relocate to Cyprus and why it is a very good service line for our business.

The Cyprus Tax Department has announced a temporary shutdown of its online systems to facilitate planned upgrades, affecting both the Tax For All (TFA) platform and the Tax Portal.

The Cyprus Tax Department has announced updated rules on the reduced 5% VAT rate for the purchase or construction of primary residences, effective 24 June 2025.