I have the honour, with reference to the discussions which
took place during the negotiations leading up to the Treaty concerning the Establishment
of the Republic of Cyprus of today's date, to set out the arrangements with respect to
British residents in the Republic of Cyprus, which were agreed between us, as follows:-
(a) Circumstances may arise in which under existing Cyprus
law (The Immovable Property Acquisition (Aliens) Law, Chapter 228 of the Statute Laws of
Cyprus) British residents would not be permitted, as aliens, to acquire immovable property
in the Republic of Cyprus, otherwise than by inheritance, without the consent of the
Government of the Republic of Cyprus. Since no restriction will be placed upon the
acquisition of immovable property in the United Kingdom by persons who become citizens of
the Republic of Cyprus and who on [ insert the " agreed date " to be specified
in Section I of Annex D to the Treaty 1 are ordinarily resident in the United Kingdom, or
by their descendants, the Government of the Republic of Cyprus are prepared to secure that
British residents and their descendants and the wives and widows of such persons, who are
ordinarily resident in the Republic of Cyprus, will be able to acquire immovable property
in the Republic of Cyprus without restriction.
(b) Since no restriction will be placed on persons, who
become citizens of the Republic of Cyprus, who are ordinarily resident in the United
Kingdom on [insert the " agreed date " to be specified in Section I of Annex D
to the Treaty ] and who leave the United Kingdom, in remitting to Cyprus from the United
Kingdom their assets (including the realised proceeds of their capital assets) and
payments of pensions and other like benefits made in the United Kingdom after they have
left, the Government of the Republic of Cyprus are prepared to secure that British
residents, who leave the Republic, will be able to remit from Cyprus their assets
(including the realised proceeds of their capital assets) and payments of pensions and
other like benefits made in Cyprus after they have left.
(c) The British residents attach importance to their
freedom of entry into and exit from the Republic of Cyprus, their residence in the
Republic, their pursuit of any legitimate gainful occupation (including both the right to
give and to accept employment) and to their suffering no disability by addressing the
authorities of the Republic of Cyprus in the English language. The Government of the
Republic of Cyprus are prepared to give an assurance that the British residents, and their
descendants and the wives and widows of such persons,
whose home is in Cyprus, will suffer no disability in respect of the matters mentioned in
this subparagraph.
(d) In this Note, " British residents" means
citizens of the United Kingdom and Colonies of United Kingdom origin, ordinarily resident
in Cyprus on today's date, who do not become citizens of the Republic of Cyprus.
2. I have the honour to suggest that, if the arrangements
set out in this Note are acceptable to the Government of the Republic of Cyprus, this
Note, together with your reply to that effect, shall be regarded as constituting an
agreement in this matter between the Government of the United Kingdom of Great Britain and
Northern Ireland and the Government of the Republic of Cyprus which shall enter into force
on today's date.
We have the honour to acknowledge receipt of your Note of
today's date which reads as follows:-
2. The arrangements set out in that Note are acceptable to
the Government of the Republic of Cyprus and we have the honour therefore to confirm that
that Note, together with this reply, shall constitute an agreement accordingly.
