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To print this article, all you need is to be registered or login on Mondaq.com. Interest in purchasing real estate in the Republic of Cyprus has increased during the last few years. Cyprus s warm climate, favourable tax system, strategic geographical position, EU membership and the double tax treaties signed with a number of other countries, are only a few of the reasons that has led Cyprus to become the ultimate hub for real estate investment. Legal Framework Immovable property transactions are regulated by Cyprus Law that is generally followed by the respective UK Laws. Individuals and companies acquiring real estate property in Cyprus have the same ....
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