Can I buy property in Cyprus through a company?
Yes, purchasing property through a company in Cyprus is possible and can offer certain tax and legal advantages. Many investors choose to buy property through a company for asset protection, tax planning, and estate planning purposes. By purchasing property through a company, investors can separate their personal assets from their business assets and limit their personal liability in case of legal disputes or financial issues. Additionally, buying property through a company may offer tax advantages, such as lower corporate tax rates, depreciation allowances, and deductions for business expenses. However, it's essential to seek professional advice from qualified legal and financial professionals before purchasing property through a company to ensure compliance with all relevant laws and regulations. Additionally, buyers should carefully consider the potential risks and benefits of buying property through a company and evaluate whether this ownership structure aligns with their investment goals and objectives. By working with experienced professionals and conducting thorough due diligence, buyers can make informed decisions about purchasing property through a company and maximize the benefits of this ownership structure.