By Nexora Cyprus editorial team · General information — seek advice for your circumstances
Do not add these amounts together. Article 5(2) restricts combining the main-residence relief with the relief under Article 5(1). Prior use must be reviewed to establish the relief available for a particular disposal.
Article 5 individual reliefs — eligibility and previous use must be checked
| Relief | Amount | Key condition |
|---|---|---|
| General | €30,000 | Individual disposals across years; not a yearly allowance |
| Agricultural land | €50,000 | The individual’s main occupation is farming |
| Main residence | €150,000 | Qualifying owner occupation and statutory limits |
The allowance reduces the eligible gain, not the sale price. For example, an otherwise eligible €200,000 gain with the full €150,000 relief available leaves €50,000 chargeable and €10,000 tax at 20%. This simplified example assumes the gain has already been calculated with the correct costs and indexation and no other adjustment is needed.
Article 5A separately exempts qualifying disposals of land or land with buildings acquired during the period beginning with the 2015 second amending law and ending on 31 December 2016. The acquisition must have been a purchase or purchase agreement at market value from an unrelated person, rather than an exchange or gift.
The provision excludes property acquired through the specified statutory mortgage-sale procedures. Where its conditions are satisfied, the exemption can apply to a later disposal after the acquisition window has closed.
There is no general 50% CGT reduction in this provision for property bought throughout 2015–2025 or 2015–2026. A 2018 purchase does not qualify merely because it occurred after 2015. Check the original contract and acquisition route instead of assuming relief.
Property transfer fees, VAT and rental-income taxation are different regimes. A reduction in one does not establish a reduction in CGT.
Share transactions require a scope assessment before exemptions are considered. Direct property-company shares and indirect holdings meeting the current statutory test can be chargeable. The companion CGT transaction guide explains that assessment.
A token described as a share or investment does not automatically obtain a CGT or income-tax exemption. Review the actual rights and the crypto provisions separately.
Capital Gains Tax Law 52/1980, as amended, particularly Articles 5 and 5A. This page addresses relief eligibility; it does not establish the tax liability for a particular disposal.
Cyprus Tax Department documents and Cyprus Tax Reform 2026 material publish the controlling material for this topic. Check the current law, form, circular or portal instructions before acting; this article is general information and the live official material prevails.
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Disclaimer: This article is for informational purposes only and does not constitute legal, tax, or financial advice. Tax laws change frequently. Consult a qualified Cyprus adviser for guidance specific to your situation. The information on this page is general guidance only and does not constitute legal, tax, accounting, immigration or financial advice. Specific advice should be obtained based on the facts of each case.
— References linked in this article
Read each reference alongside the claim it accompanies and check current amendments before relying on it. General information — seek advice for your circumstances.
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