Search found 10 matches

by The Bear
19 Jul 2019 13:51
Forum: General Property Questions
Topic: Applying for 'Final Completion Certificate'
Replies: 6
Views: 3527

Re: Applying for 'Final Completion Certificate'

Well, two years have passed and I'm resurrecting this old thread to provide a wrap for anyone facing the same situation. Application for final certificate duly completed at the district office (thanks for directions - exactly as you said, Nigel) but it seems to have then been filed and forgotten. At...
by The Bear
19 Jul 2019 13:00
Forum: General Property Questions
Topic: Transferring funds to the uk
Replies: 10
Views: 2569

Re: Transferring funds to the uk

I've been doing this job for so long I can remember how to find all sorts of information :-) Unfortunately, links can suffer from 'digital rot' over time. This seems to be the webpage from which the current equivalent document (for 'physical persons' and wef 01/06/19) may be downloaded: https://www...
by The Bear
13 Mar 2019 15:12
Forum: General Property Questions
Topic: Revision of 2013 Valuation
Replies: 5
Views: 1813

Re: Revision of 2013 Valuation

As Pan has said, the valuation is not the market value - it's the taxable value which is used to calculate property-related taxes. I seem to have been slightly misunderstood. As implied in my final paragraph, I know full well that it is not some statement of market value but a separate, notional va...
by The Bear
12 Mar 2019 17:23
Forum: General Property Questions
Topic: Revision of 2013 Valuation
Replies: 5
Views: 1813

Revision of 2013 Valuation

I have today received a 'recorded delivery' letter from Dept. Land & Surveys dated 13 Feb. (post in this village is all too often like that). It refers to the date of purchase of my (resale & non-estate) house over 4 years ago and proposes a revised valuation as at 01/01/2013 which is a few grand (3...
by The Bear
07 Mar 2019 02:07
Forum: Louise Zambartas' Legal Questions
Topic: The (accidental?) Imposition of Forced Inheritance.
Replies: 2
Views: 1819

Re: The (accidental?) Imposition of Forced Inheritance.

"Under the new rules, the courts of the EU country where the person usually lived at the time of their death will deal with the inheritance and will apply the law of that EU country. However, citizens can choose the law of their country of nationality to apply to their estate, whether it is an EU o...
by The Bear
06 Mar 2019 12:44
Forum: Louise Zambartas' Legal Questions
Topic: The (accidental?) Imposition of Forced Inheritance.
Replies: 2
Views: 1819

The (accidental?) Imposition of Forced Inheritance.

In the event of the UK leaving the EU without a Withdrawal Agreement in place it seems to me that UK nationals cease to be EU citizens with immediate effect. This would surely take them outside the scope of EU Regulation 650/2012 which allows for EU citizens to specify in their Will that the law of ...
by The Bear
23 Aug 2017 13:01
Forum: General Property Questions
Topic: Cyprus estate
Replies: 10
Views: 5997

Re: Cyprus estate

Since then a year ago my Mother died, she had a UK will, which did not mention the land and bank account in Cyprus but no will in Cyprus. The UK will has been sorted as far as UK issues are concerned I am a layman in all these matters but my understanding is that the UK imposes inheritance tax (IHT...
by The Bear
29 Jun 2017 13:52
Forum: General Property Questions
Topic: Applying for 'Final Completion Certificate'
Replies: 6
Views: 3527

Re: Applying for 'Final Completion Certificate'

The process is described on pages 12 & 13 of the Department of Lands & Surveys Citizens' Charter . Many thanks. That also looks to be a very useful document for general reference - although the title might be thought a tad misleading by some. I'll take the documents I have down to the Limassol offi...
by The Bear
28 Jun 2017 19:28
Forum: General Property Questions
Topic: Applying for 'Final Completion Certificate'
Replies: 6
Views: 3527

Applying for 'Final Completion Certificate'

When buying my home it was discovered that the "deeds" stated that it was a plot of land and recorded no buildings on it. Land Registry have the building in their books of plans and took it into account when making their initial proposal for the basis of calculation of the transfer fee payable. My l...
by The Bear
08 May 2016 19:43
Forum: General Property Questions
Topic: Property Transfer Fees Refund
Replies: 1
Views: 2167

Property Transfer Fees Refund

Given that purchases between 02 Dec '11 and 31 Dec '16 benefit from reduced transfer fees "regardless of when the transfer takes place" and that, in Aug '14, the Interior Minister publicly asserted that legislated reduction would have retroactive effect, how does one set about claiming a refund? Wha...