Inheritance Tax in Cyprus – What Expats and Diaspora Should Know
If you are a Greek-Cypriot living in the U.S. and expecting to inherit or transfer property in Cyprus, you may be concerned about inheritance taxes. The good news is that Cyprus currently has no inheritance tax, but proper estate planning is still essential to avoid delays and complications.
At E CHATZIDIMITRIOU LLC, we guide Greek-Cypriots abroad through the legal and practical steps of estate transfer and asset protection in Cyprus. We provide online consultations, speak Greek, and operate across all districts of Cyprus and Greece.
Contact (U.S.): +13474034789
Website: www.hatzidimitriouvirtuallaw.com
Does Cyprus Have Inheritance Tax?
No. Cyprus abolished inheritance tax in 2000. This means:
•No tax is payable on inherited property or money in Cyprus
•Heirs do not need to file inheritance tax returns
•Estate transfers may still involve fees, registration costs, or capital gains taxes in specific cases
We help clients understand what expenses may apply and how to structure their estate efficiently.
What Are the Costs Involved in Inheriting Property?
While there’s no inheritance tax, beneficiaries may still need to cover:
•Land Registry transfer fees (based on property value)
•Legal fees for administration of the estate
•Court fees for issuing probate or heir certificates
•Capital Gains Tax, if the property is later sold and value has increased
We handle the entire process remotely for heirs living abroad.
Estate Planning Tips for Greek-Cypriots Abroad
Even without inheritance tax, you should still:
•Prepare a valid Cypriot will for your assets in Cyprus
•Appoint a trusted executor or legal representative
•Keep property records updated and title deeds in order
•Consider donations or gifts inter vivos (during life) for strategic planning
Our firm offers full estate planning support tailored for the diaspora.
Why Choose E CHATZIDIMITRIOU LLC
•We assist Greek-Cypriot expats with inheritance and tax planning
•All procedures are handled remotely
•We provide legal support in Greek and English
•We operate in Cyprus and Greece
•We help you save time, money, and stress
Book a video consultation today at +13474034789.
E CHATZIDIMITRIOU LLC – Legal Services for Greeks and Cypriots Abroad