Cyprus Property search
  Home     Contact Us     Site Map     Link to Us     

Cyprus Property for sale by the most established Estate Agents in Cyprus...

 
Cyprus Properties for Sale
Cyprus Properties for Rent
Luxury Property in Cyprus
Bargain Properties in Cyprus
Land for sale in Cyprus
The Limassol Marina
Meet our People
The Property Purchase Process in Cyprus
LATEST UPDATE Transfer Fees - New Law
V.A.T - New Law
Stamp Duty - New Law 30.01.2013
QUICK PERMANENT RESIDENCY-updated
How to obtain EU Citizenship
Immigration and Visa Issues [Non EU]
ABOUT US
Cyprus Info
Legal information
Best Cyprus Properties on BBC
CLIENTS’ COMMENTS
Links
Directories

                                         Stamp Duty Law Amendment

New rates have been announced for stamp duty when buying a property in Cyprus, taking effect from 1st March 2013. This is not to be confused with title Deeds/Transfer Tax, this is a different levy.

The change is the introduction of a first tier of €5,000 which is tax free. This is one of the few examples of taxes going down instead of up in the past few years.

The new rates for all contracts to be stamped are as follows:

1          -   5,000        Zero duty

5,001   - 170,000      €1.5 per €1,000 value (i.e. €1.5 per thousand)

170,001 - And above €2.0 per €1,000 value (i.e. €2.0 per thousand)

The maximum charge is € 20.000. 

For example a property sold for €250,000 will carry stamp duty as follows:

The first   €5,000   Carry a Zero rate                      0         
Next     €165,000   Carry €1.5 per thousand  €247.50
The rest €80,000   Carry €2.0 per thousand  €160.00
               --------                                         ---------
            €250,000             Total Stamp Duty  €407.50

~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~           

                               Νέος Τροποποιητικός Νόμος περί Χαρτοσήμων

Mε βάση το Νέο Τροποποιητικό Νόμο περί Χαρτοσήμων 173(1)2012 που θα τεθεί σε ισχύ την 1η Μαρτίου 2013, τα χαρτόσημα επί των πωλητηρίων εγγράφων θα έχουν ως εξής:

1        -    5.000          μηδέν

5001   - 170.000     €1,50 ανά 1,000 ευρώ αξία ή μέρος των 1000 ευρώ

170.001 - Και πάνω €2,00 ανά 1,000 ευρώ αξία ή μέρος των 1000 ευρώ

Η μέγιστη χρέωση είναι €20.000.

Παράδειγμα Πωλητήριο αξίας €250.000:

Οι πρώτες         €5.000   δεν βαρύνονται με χαρτόσημο,     άρα  €0
Οι επόμενες  €165.000   βαρύνονται με €1,50 ανά χιλιάδα, άρα  €247,50
Οι υπόλοιπες   €80.000   βαρύνονται με €2,00 ανά χιλιάδα, άρα  €160,00
                       -------                                                             ---------
                     €250.000          Σύνολο τέλος χαρτοσήμου           €407,50

 

 

©2004 Chr. Calogirou Ltd | Reg. Nο: 041 | Disclaimer | EN | RU Design & Development by BDigital | Powered by WebStudio