Cyprus Real Estate Tokenisation
Cyprus property developers and real estate companies are discovering the world of tokenisation, with asset service providers explaining the benefits and new opportunities arising from buying digital tokens that each represent a fraction of a property.
Benefits of Tokenisation
- Accessible investment opportunities for those with limited funds
- Digitisation of real estate processes, reducing costs and increasing transparency
- Security tokens, representing real assets, are a key element of this model
Foreign Investment and Taxation
Foreign investors can benefit from the regulatory framework offered by Eurivex, with asset protection, onboarding, and project submission, as well as converting investments from cryptos to euros.
The recent tax reform has created a more transparent methodology on how profits from crypto assets are taxed, with an 8% tax on profits from trading or from the increase in value of crypto.