Marianna Pavlides
Cyprus Law Firm
Answered on
You will be able to use the property already bought; however, it depends on when you acquire the property and the purchase price.
I currently own a home in Cyprus and would like to know how I might be able to use the value of the home toward the residential investment requirement.
You will be able to use the property already bought; however, it depends on when you acquire the property and the purchase price.
If you purchased your home in the last 3 years, then it is eligible to be included in the total of your CBI investment in order to reach EUR 2 million.