The process of purchasing property in Cyprus is very simple. Non EU-citizen and any of his dependants, a foreign company or a Cyprus company owned by a Non EU-citizen can acquire one immovable property in Cyprus and after first obtaining the permission of the Council of Ministers.

In case of a land, it cannot exceed 4014 sq. meters (four thousand and fourteen square meters). For EU citizens who are permanent citizens in Cyprus do not require permission to buy any immovable property.