Legislative Proposals for Restrictions on Property Acquisition by Foreigners
November 6, 2025
The legislative proposals from AKEL and other parties introduce restrictions on property acquisition by third-country nationals. Foreigners will be limited to owning specific properties, such as one apartment or house. Companies controlled by foreigners will also face limitations on property ownership. The aim is to enhance control and transparency regarding property purchases by foreigners. The proposals include conditions and criteria for obtaining properties.