17/06/2026
Cyprus extends the reduced 5% VAT rate for first homes until 31 December 2026.
The extension applies to eligible applicants with pending planning permit applications under the previous framework, preserving access to the existing preferential VAT treatment during the transitional period.
From 2027 onwards, the revised and more restrictive VAT regime will apply in full, introducing stricter limitations on qualifying properties and values.
For affected buyers, timing and procedural status are now increasingly important.
➡️ Read the full article:
https://sagehillpartners.co/cyprus-extends-5-vat-for-first-homes-until-end-of-2026-final-window-for-preferential-tax-treatment/