Overview of Cyprus Inheritance Law

Comprehensive guide to inheritance law in Cyprus. Covers wills, intestacy, forced heirship, EU regulations, case studies, checklists, and FAQs. Inheritance law in Cyprus governs how assets, including real estate, are passed on after death. The system combines domestic law with European regulations, particularly EU Regulation 650/2012, known as Brussels IV.

Core Principles of Inheritance in Cyprus

• Succession can occur with or without a will.
• Intestacy rules apply if no will exists.
• Forced heirship protects certain family members.
• Foreign nationals may choose the law of their nationality under EU rules.

Forced Heirship and Reserved Portions

• Children and spouses are entitled to a reserved share of the estate.
• Applies even if will excludes them.
• Portions vary depending on surviving relatives.
• Foreign nationals may avoid forced heirship by electing home country law in their will.

EU Regulation 650/2012 (Brussels IV)

• Applies to deaths after August 17, 2015.
• Default law: country of habitual residence.
• Option to elect the law of nationality by will.
• Provides clarity for cross-border estates.

Application to Different Buyer Categories

• Cypriot Citizens: Subject fully to Cypriot forced heirship rules.
• EU Nationals: Can elect the law of nationality.
• Non-EU Nationals: Same election right under Brussels IV.
• Practical effect: Many foreign buyers opt out of forced heirship.

Case Study: With Will vs. Without Will

Case 1: British buyer in Cyprus drafted will electing UK law:
• Entire estate passed to chosen heirs.
• Avoided Cypriot forced heirship rules.
Case 2: Russian buyer died without a will:
• Cypriot intestacy rules applied.
• Estate divided among spouse and children.

Checklist for Inheritance Planning in Cyprus

1. Draft a Cypriot will, especially for real estate.
2. Elect the home country law if avoiding forced heirship.
3. Register with the District Court or a lawyer.
4. Keep estate documentation updated.
5. Consult cross-border succession expert.
6. Review inheritance planning regularly.

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Q: Does Cyprus have inheritance tax?
A: No, abolished in 2000.

Q: Can I exclude children from inheritance?
A: Not under Cypriot law, unless electing foreign law.

Q: Do I need a Cypriot will?
A: Strongly advised for property owners.

Q: Does Brussels IV apply to non-EU nationals?
A: Yes, if they are habitually resident in the EU.

Q: Can foreigners own and inherit property equally?
A: Yes, subject to standard ownership approvals.

Final Recommendations

Inheritance law in Cyprus is a mix of domestic and EU rules. Foreign buyers should draft a will, consider electing their national law, and seek professional advice to protect their estates.