Changes to the Cyprus Citizenship by Investment Programme

Introduced in 2013 to stimulate economic growth in Cyprus, this dynamic investment programme has seen incredible success to date. In fact, according to a recent Cyprus BusinessMail article, “since the introduction of the scheme in its current form in 2014 and in a previous form in 2008, Cyprus has granted citizenships to 1,685 investors and […]

What are Smart Contracts?

Smart contracts are digital contracts devised through software code built on blockchain technology; due to the advancement of technology we are entering a new era in regards to the legality of technologically binding documentation. Many have heard the term ‘smart contracts’ but what constitutes a smart contract and what are the core characteristics that all[…..]

Initial Coin Offering (ICO) Through Cyprus

Initial Coin Offerings (ICOs) are gaining considerable recognition in the finance world. ICOs are considered somewhat a contemporary method of collective funding; nonetheless, despite its novelty, ICOs are becoming the go to method in terms of fundraising start-ups and other entities whose objectives are commonly the financing innovative Blockchain technology schemes. Due to Cyprus’ favourable[…..]

Cyprus Introduces Incentives for Global Film Industry

Towards the end of 2017, the Cyprus Council of Ministers approved an incentives programme for the film industry in Cyprus. The programme aims to attract international productions to Cyprus and includes a great array of economic incentives.  The Unit of Administrative Reform in collaboration with the Ministry of Finance and the organisation Invest Cyprus (CIPA)[…..]