Cyprus, as an EU member, must follow a set of specific rules. These rules impact areas like the environment, housing, energy, and transportation. It's important for businesses and planners in Cyprus to stay informed about these rules, especially as more people look to invest in clean energy and eco-friendly projects. Our team is dedicated to helping you understand and navigate these EU regulations. With our expertise, you can make decisions confidently, ensuring you're always in line with the latest guidelines.

Acquiring lifelong residency in Cyprus is simple, requiring just a biennial visit. Furthermore, after five years of continuous residency, one can pursue Cyprus Citizenship, opening doors to EU benefits, including living, working, and studying freely within its boundaries, as well as visa-free travel to over 170 countries. This opportunity also extends to children below 18 upon securing citizenship.

Reservation Agreements in Cyprus Real Estate: What You Need to Know

Buying or selling property in Cyprus? A reservation agreement can safeguard your interests. This preliminary contract grants buyers an exclusive period for:

1. Negotiating terms.

2. Conducting due diligence.

3. Key Benefits

For Sellers: Ensures buyer commitment.

For Buyers: Allows time for research.

Legal Considerations

1. Define exclusivity period.

2. Specify mutual benefits and deposit.

Remember, breaching the reservation agreement could lead to legal consequences. Learn more in our full guide.

Digital Transformations in Real Estate: Insights from Klitos Platis

Proptech is reshaping the future of real estate, powered by breakthroughs like blockchain and smart contracts. Partner at Kleanthous & Platis law firm, Klitos Platis, discusses the fusion of these digital technologies with traditional real estate practices. Unpack the legal nuances of smart contracts in Cyprus, explore the potential revolutionary impacts on property transactions, and navigate the challenges and considerations of this new era. As real estate stands on the cusp of a digital revolution, Klitos offers a comprehensive guide to understanding and navigating this transformation.

Delve into the core fiduciary duties of directors under Cyprus law. Uncover the potential legal repercussions for breaches and how to maintain compliance.

It all begins with an idea.