1 Which law applies?

1.1. Which law is applicable to a couple´s property? Which criteria/rules are used to determine the applicable law? Which international conventions have to be respected with regard to certain countries?

The courts of Cyprus will always apply the lex fori (their own law) in matters concerning matrimonial property.

1.2. Do the spouses have the option of choosing the applicable law? If so, by which principles is this choice governed (e.g. the laws to be chosen, formal requirements, retro-activity)?

No. The courts shall always apply the lex fori. No choice of law is possible.