A British couple living in Manchester want to buy a holiday flat in Paphos. Since Brexit, what do they need?

1. Nothing, they buy like any EU citizen
2. A golden visa first
3. A purchase permit under Cap. 109, filed on form COMM 145 with the Paphos District Administration
4. Approval from the Real Estate Agents Registration Council

A Greek buyer from Athens asks if he needs a permit to buy an apartment in Nicosia. What is the answer?

1. No, EU and EEA citizens buy on the same terms as Cypriots
2. Yes, every foreigner needs form COMM 145
3. Yes, but only above EUR 300,000
4. Only if he does not live in Cyprus

An Israeli couple want to buy two apartments in Larnaca now and a third next year as rental investments. What should you tell them?

1. There is no limit for non-EU buyers
2. Each spouse can buy three units separately
3. They must buy through a Cyprus company to buy more
4. Ministry policy normally allows up to two units per non-EU buyer, and a couple counts as one buyer, so a third unit is unlikely to be approved

An Israeli client asks: 'Can I sign the contract before my COMM 145 permit is granted?' What is accurate?

1. No, signing without a permit is illegal
2. Yes, he can sign and lodge the contract, but the title cannot be registered in his name until the permit is granted
3. Yes, and the title transfers immediately
4. Only if he pays the full price in cash

A Lebanese investor suggests buying four flats through a new Cyprus company he owns, 'so the foreigner limit does not apply'. What do you answer?

1. Good idea, companies are always treated as Cypriot
2. It works if a Cypriot is named as director
3. A Cyprus company controlled by non-EU persons is caught by the same Cap. 109 rules, so the limit still applies
4. Companies need no permit but pay double transfer fees

A Russian-speaking client asks how much he must invest in property for Cyprus permanent residence under Regulation 6(2). What is the rule since May 2023?

1. At least EUR 300,000 plus VAT in new homes bought from a developer, paid upfront with funds from abroad
2. EUR 500,000 in any resale property
3. EUR 2 million, which also gives citizenship
4. EUR 150,000 in a rental property

A Ukrainian couple with two children apply for Regulation 6(2) permanent residence. What minimum secure annual income must they show, in EUR?

A Ukrainian client has just received investor permanent residence and wants to take a job at a Limassol tech company. What should you tell him?

1. The permit lets him work anywhere in Cyprus
2. He can work only for the developer he bought from
3. He can work after one year
4. Holders of the investor permanent residence permit may not work in Cyprus, so he needs separate advice on a work permit route

A client says a friend 'got a Cyprus passport by buying a villa'. Can he do the same in 2026?

1. Yes, with EUR 2 million in property
2. No, the citizenship-by-investment programme was scrapped in November 2020, and Parliament repealed the cabinet's power to grant investor citizenship in December 2025
3. Yes, through Regulation 6(2)
4. Only if he also donates to a charity

Your buyer is about to sign an off-plan contract in Limassol. Since December 2023, which Land Registry document must accompany every sale contract?

1. A title deed in the buyer's name
2. A building permit copy
3. A search certificate no more than five working days old, showing mortgages or charges on the plot
4. A valuation report from the bank

A British buyer has signed his sale contract. What should his lawyer do next to protect him against the seller selling or mortgaging the unit to someone else?

1. Lodge the contract with the Land Registry within six months of signature, for a EUR 50 fee
2. Send it to the District Administration
3. Nothing until the title deed is issued
4. Register it with the Real Estate Agents Council

A buyer loves a 2012 resale apartment in Paphos, but it still has no separate title deed. What usually has to happen before separate deeds can be issued?

1. The buyer simply applies with his passport
2. The agent files a request with the Council
3. The seller pays capital gains tax first
4. The building authority issues a certificate of approval, every bank with a mortgage on the land consents, and the developer files a complete division file

A new client wants to pay EUR 900,000 for a villa, refuses to explain where the money comes from and asks you to 'keep it simple'. What must you do?

1. Go ahead, source of funds is the bank's job
2. Tell him you will report him unless he explains
3. Apply enhanced checks; if the suspicion remains, report it to MOKAS without telling the client
4. Ask the seller to accept a cash discount

A corporate buyer registered abroad wants to buy an office. Under Cyprus AML rules, whom must you identify and verify, and who supervises agents today?

1. Only the director who signs; MOKAS supervises
2. The company, its representatives and its beneficial owners; the Real Estate Agents Registration Council supervises for now, with a draft law proposing the Tax Department
3. Only the company's registration certificate; the Central Bank supervises
4. Nobody, if the funds come from an EU bank

A young couple will live in a new 150 sqm apartment priced at EUR 420,000 (planning application after October 2023). Can they claim the reduced 5% VAT for a permanent home?

1. No, the home must be under 100 sqm
2. Yes, at 5% on the first 130 sqm and first EUR 350,000, because the home is under 190 sqm and the total price is under EUR 475,000
3. Yes, at 5% on the full price
4. No, only Cypriot citizens qualify

A buyer who got the 5% VAT rate on his new home tells you he plans to sell it after four years. What should you warn him about?

1. Nothing, the relief is final once granted
2. He will pay double transfer fees
3. He loses his residence permit
4. If the home is sold or let within ten years, part of the VAT saving must be repaid

A Dutch client asks why you do not show homes in Famagusta town or Kyrenia. What is the most professional answer?

1. 'Those areas are dangerous, everyone gets scammed there'
2. 'I am not allowed to talk about politics'
3. 'We work only in the areas controlled by the Republic. Property in the north is a separate, high-risk market where titles are often disputed and dealing in Greek Cypriot-owned land is an offence under Republic law, so I always advise independent legal advice there'
4. 'They are just too far from the airport'

You introduced a buyer to a seller but never agreed a fee in writing. The sale completes. What does the Real Estate Agents Law say?

1. You get nothing without a written agreement
2. Where no fee was agreed, the commission is 3% of the transaction value, payable on completion, provided you are registered and licensed
3. The fee is fixed at 1% plus VAT
4. The buyer and seller decide after completion

A British buyer says: 'Prices in Cyprus have gone up so much, I will wait a year.' What is the best first response?

1. 'Prices will double next year, buy now'
2. 'Fine, call me when you are ready'
3. 'Waiting is always a mistake'
4. Acknowledge the concern, ask what he wants the property for and his timeline, then share recent official price data and let him decide

A Lebanese investor asks you to 'guarantee 8% net' on a Limassol apartment. What do you answer?

1. Never guarantee returns; explain that the RICS and KPMG index showed gross apartment yields of about 5.51% in Q2 2026, and build a realistic net estimate together
2. 'Yes, 8% is normal in Limassol'
3. 'I can guarantee it if he signs today'
4. 'Yields do not exist in Cyprus'