The legal system in Cyprus is based on the British legal system mainly because of the fact that the island was a British colony. However, when Cyprus acquired the EU membership, the country’s laws and regulations have been updated and synchronized with the EU acquis communautaire. Effectively, this translates to the fact that EU country citizens can buy more than one property in Cyprus from now on. Cyprus Land Registry structure is considered amongst the most advanced and trustworthy systems in the globe, because it was designed according to the British standards as well. Buyers of property in Cyprus will be largely secure when it comes to title deeds in comparison to any other Mediterranean countries.
For further legal information or requests you might have, please contact our Agency directly or get an answer by contacting our legal partners at E.R Team Global Consultants.