Cap. 109 permit - buying property in Cyprus as a foreigner

The purchase permit (Permit under Cap. 109) is the District Administration's consent for a foreigner to own property in Cyprus. It is based on the law on the acquisition of immovable property by foreigners, Cap. 109. The application is filed on form COMM 145 with the administration of the district where the property is.

The permit is needed by non-EU citizens, foreign companies and Cyprus companies under their control. EU citizens do not need one. The law sets a limit: a plot of up to 4,000 m² for your own house, or up to two units - two homes, a home and a shop up to 100 m², or a home and an office up to 250 m². There is no fee and processing usually takes 2-3 weeks.

For PR the permit is not part of the application: the Migration Department accepts it on a deposited contract and €300,000 paid. The permit is needed later, when the title is transferred. Bills restricting purchases by foreigners are being discussed in parliament but are not law yet, so we check the current wording of Cap. 109 before every purchase.