Cyprus Stamp Duty Land Tax
The Stamp Duty Land Tax is a tax that confirms the change in land ownership. The purchaser has to pay the Stamp Duty on their purchase.
The Stamp Duty Land Tax is charged at different rates and has different thresholds for different types of property:
Value | Rate |
The first €5.000 | 0,00% |
€5.001 – €170.000 | 0,15% |
More than €170.000 | 0,20% |
Stamp Duty example calculation for purchase price of €350.000 | |||||
€5.000 | at | 0,00% | = | 0 | |
€5.001 – €170.000 | at | 0,15% | = | €255 | |
€175.000 – €350.000 | at | 0,20% | = | €350 | |
Total Stamp Duty to be paid: | €605 |