PROPERTY / REAL ESTATE
Drafting and Reviewing Agreements
Property Sale Agreements
Real Estate Management Agreements and other Contracts
Legal Advices, Negotiations and Assistance on Purchase or Sale Properties
Conveyancing - includes obtaining permits for acquisition of property by non-Europeans
- transfer of title deeds
-obtaining tax clearance certificates for transfer of title deeds
-registrationof buildings on the title deeds
- all kind of Legal Services at the Land Registry Office, Tax OfficeOffice, Planning Department and other Governmental Authorities
COMMERCIAL & CORPORATE
Drafting and Reviewing Contracts
Legal Advice and Negotiations of all kinds of Agreements and Business Transactions
Registration of Companies
CITIZENSHIP & RESIDENCY
Permanent or Temporary Residency Permits
Cyprus Citizenship by the Way of Investment
WILLS & PROBATES
Drafting and Filing of Wills
Re-sealing of Wills
Management of the Property and Further Sale in Case That This is Required
Property and Construction Disputes
Bank Claims and Debt Collection
Real Estate Matters & Issues
General Debt Collection
Road Traffic Accidents
Child Custody Procedures
Asset separation procedures
It is preferable to make a Will in Cyprus to cover movable and immovable property in Cyprus. The Will can be worked in such a way as to deal with Cyprus property only so as not to affect either property in other countries of any Wills already existing in other countries.
A will made in another country referring to Cyprus property may be valid in Cyprus, but it should be noted that on the death of the testator the Grant of Probate must first be obtained in the country where the Will was made and then “resealed” in the Cyprus court, which inevitable leads to excessive delays and additional expenses.
There is no Inheritance Tax in Cyprus.
A new law has come into effect whereby the European Citizens can choose the law of their succession. For those who have already made a Will in Cyprus, it is advisable to do a Codicil whereby they can choose the law of their nationality as the law of their succession.
The above information has been compiled as a general set of guidelines only and for most of the procedures mentioned it would be advisable to seek legal advice.