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How to use or fill out form comm 145 with our platform
- Click ‘Get Form’ to open it in the editor.
- Begin by entering your name and surname in block letters in the first field. This ensures clarity and compliance with official requirements.
- Fill in your country and address of permanent residence, followed by your residence address in Cyprus. Accurate details are crucial for processing your application.
- Provide your nationality and date of birth, then enter your passport number along with its date of issue. These fields verify your identity.
- Detail your current occupation and marital status, including spouse's name if applicable. This information helps assess your application context.
- List the number and ages of any children, followed by a summary of your financial standing, including approximate capital and annual income.
- Complete sections regarding any other immovable property you own in Cyprus, as well as particulars about the property you wish to acquire.
- Finally, review all entries for accuracy before signing and dating the application at the bottom. Ensure all required documents are attached for submission.
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What is the immovable property Act in Cyprus?
The Immovable Property (Transfer and Mortgage) Law, No. 9/65 regulates mortgages of immovable property and sales of mortgaged property. It requires mortgages to be registered at the Department of Lands and Surveys. It provides for transfer fees payable on the transfer of immovable property.
Can non-EU citizens buy property in Cyprus?
Yes, foreigners can buy property in Cyprus. EU citizens face no restrictions, while non-EU citizens need Council of Ministers approval and are limited to one or two properties totaling no more than 4,014 square meters.
What is the Council of Ministers permit in Cyprus?
Council of Ministers approval usually refers to the need for a third-country national (non-EU/ EEA national or TCN) to get approval from the Council of Ministers of the Republic to buy real estate. TCNs can only purchase real estate in Cyprus with getting approval from the Council of Ministers.
What is the legal definition of immovable property?
An asset that does not have the capability to move from one place to the other is considered immovable property. In the real estate market, immovable property includes residential properties, warehouses, manufacturing units, and factories.
What are the inheritance rules in Cyprus?
Cypriot Inheritance Law states that when you pass away your property will be shared among your heirs according to the law of your residence. It is a common misconception that as a foreigner you have to leave your assets in accordance with Cypriot law, which imposes certain forced heirs.
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