Property Ownership

Buying a Property in Cyprus

For people moving to Cyprus for either partial or permanent residence there are many financial incentives that make the purchase of property and obtaining residency even more attractive than just for the location and the attractive climate.

The parties who are interested in purchasing a property in Cyprus have to familiarize with the laws and documentation that are required to effectively acquire Cyprus properties. The majority of Cyprus properties sold is freehold properties, even though leasehold properties are available for purchase, as well. The first step towards acquiring property requires that residential permits are obtained.

E.U. citizens who have their permanent residence in Cyprus can buy a property without any restrictions.

International Business Companies may also obtain a property for their business and for the residence of their foreign employees after they provide that they uphold an authorized office. Whether you are planning to set up your premises in Cyprus or whether you are interested to purchase property for residential or as a form of investment, NCI Law Group can offer you a Solution.

Buying a Property in Switzerland

If you are looking to buy property in Switzerland whether as your main residence, a second home for leisure or as an investment property, NCI LAW can offer its guidance and advice. There are certain rules which someone must fulfil before allowed buying property in Switzerland. The Swiss housing market has remained resilient, despite downturns in many European countries. The Swiss have for a long time restricted the sale of property to foreigners. Now the Federal government has set an annual quota of permits for non-resident foreigners seeking to acquire property in Switzerland.

Buying a Property in USA

The housing market itself has benefited heavily until recent years from a buoyant economy, relatively high employment security and historically low interest rates. This has further encouraged the American population to purchase their own homes, causing something a squeeze in the market place. It is crucial; however, that consideration should always be given to the method and way of ownership to avoid or to mitigate the impact of capital gains tax, estates taxes and double taxation. In the United States individuals and corporations pay income tax on the net total of all their capital gains. Our 2 offices in the United States and their network of associates can be a great asset in your decision of purchasing a property at the States

Buying a Property in Canada

The Canadian property market is very different to European market. Stunning and varied landscapes, coupled with a totally different way of life style from many European countries, the Canadian property is an attractive destination to foreign nationals. There have been a number of reports of late that highlight the great potential for future growth in the Canadian housing market, with some experts suggesting that house prices could double over the next 20 years. The advantage of buying property in Canada it is at a great extent been contributed to the outstanding projected capital growth experience across the country.