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5% VAT payable on new homes now applicable to non-EU nationals

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5% VAT payable on new homes now applicable to non-EU nationals

5% VAT payable on new homes now applicable to non-EU nationals

The Cyprus government has expanded the 5 percent VAT payable on new homes used as primary residences to include non-EU nationals.

The tax incentives are designed to stimulate growth in the Cyprus property market by reducing the cost of home ownership.
5% VAT payable on new homes now applicable to non-EU nationals

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