Politis

Proposed Laws on Property Purchases by Foreigners Under Discussion in Cyprus

Published January 15, 2026, 09:20
Proposed Laws on Property Purchases by Foreigners Under Discussion in Cyprus

Proposed laws to amend legislation regarding property purchases by foreigners in Cyprus were discussed in the Parliamentary Committee on Interior. MP Nikos Georgiou of DISY emphasized that the issue is being treated with seriousness and responsibility, as the existing legislation is outdated and inadequate. Concerns do not relate to the development of the real estate sector, but to maintaining balances, safeguarding the public interest, and avoiding risks to national security. The committee seeks to attract quality investments while remaining cautious regarding land ownership.