WHAT ARE THE INHERITANCE TAX RULES IN CYPRUS? Cyprus is one of the ‘privileged’ countries where inheritance tax is not applicable to Cypriot domiciles since estate duty was abolished in 2001. However if the heirs live abroad they may have to pay in their own country inheritance tax for the property they inherited. This is...
We are sometimes asked by clients what they have to do immediately after a relative dies. This is a brief guidance of the things you should take care of. Register the Death When someone dies in Cyprus, the death is confirmed by a doctor. The Doctor should fill in a specific document (Medical Cause of...
Which legislation governs divorce in Cyprus? The primary legislation that governs divorce in Cyprus is The Marriage Law of 2003. The Marriage Law was regulated in Cyprus in 2003, dealing with marriages that took place after 2003. All weddings celebrated before 2003 are governed by The Family Courts Law. What are the grounds for...
It is a fact that a will is one of the most precious documents that anyone might think to prepare and keep in a safe place. Especially if anyone has assets or relatives in Cyprus then a will is something that he/she must seriously consider. Inheritance issues and matters in Cyprus are governed and regulated...
