Stamp Duty:
Stamp Duty: This is at the
rate of CYP1.50 per CYP1,000 and thereafter at the rate of CYP2
per thousand. The purchaser pays this within 30 days of signing
the contract.
For
example: If the purchase price is CYP150, 000
The first
CYP100,000 – 1.5% = CYP150
Next
CYP50,000 – 2,0% = CYP250
last updated: November 2006 |