selling and Brexit

Questions about selling property
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Andrew Hatch
Posts: 4
Joined: 19 Feb 2019 14:42

selling and Brexit

Post by Andrew Hatch » 19 Feb 2019 14:50

Hi there,

Looking to sell some land in Cyprus and noticed that people in the "EU are treated as equal to Cypriot citizens, regardless of their
residential status" - just wondered whether Brexit would have an immediate affect on this as of March 29?

Also, is there an option for changing the language to English on the Cyprus Property Valuers site?

Thanks
A



Nigel Howarth
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Joined: 24 Oct 2007 14:38
Location: Erimi, Limassol, Cyprus
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Re: selling and Brexit

Post by Nigel Howarth » 19 Feb 2019 19:33

Hi Andrew

I don't think anyone can say exactly how Brexit will affect Brits, but the Interior Minister said that In the event of a no deal Brexit “Cyprus stands ready to ensure that those British citizens residing in Cyprus presently, and until 29 March 2019, will be able to continue residing and enjoying the same rights as provided for in the withdrawal agreement.”

There is the possibility that once we leave the EU we will be treated as non-EU citizens, which will place restrictions on the amount of property we can own and requiring us to seek permission of the Council of Ministers.

Regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
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Andrew Hatch
Posts: 4
Joined: 19 Feb 2019 14:42

Re: selling and Brexit

Post by Andrew Hatch » 20 Feb 2019 10:45

Thanks for that Nigel,

Being based in the UK whilst trying to sell land in Cyprus, I was alluding more to the how it would affect me as a seller from
a non-EU country.



Nigel Howarth
Site Admin
Posts: 2385
Joined: 24 Oct 2007 14:38
Location: Erimi, Limassol, Cyprus
Contact:

Re: selling and Brexit

Post by Nigel Howarth » 20 Feb 2019 11:09

As a seller, Brexit shouldn't affect you although a Brit wishing to buy your property may face some hurdles.

We bought property in Cyprus long before Cyprus joined the EU. It wasn't a problem.

Regards,


Nigel Howarth
Independent information & advice for Cyprus property buyers
Contact Nigel Howarth
Read the latest Cyprus property news

Andrew Hatch
Posts: 4
Joined: 19 Feb 2019 14:42

Re: selling and Brexit

Post by Andrew Hatch » 08 Mar 2019 19:00

Would appreciate any pointers to how best find good/decent agents to approach about a plot of agricultural land for sale in the region of Limassol?



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