Cyprus Residency and Immigration Permits

There are a number of options available in Cyprus for residency and immigration permits for both EU and non – EU nationals. The Temporary Residence Permit for third country nationals can be obtained by persons under the following categories: (1) Start-up Permit: The Cyprus Startup Visa Program allows non-European Union talented entrepreneurs to both reside […]

EU VAT Compliance on Land Sales Around the Corner

With Cyprus possessing one of the world’s most favourable corporate tax environments, Cyprus is also known for its advantageous real estate taxation. Nevertheless, while Cyprus continues to offer great tax incentives across multiple sectors, since becoming a member of the European Union in 2004 Cyprus is subject to EU directives. In terms of land sales,[…..]

The Benefits of a Cyprus International Trust

An overview: A Cyprus International Trust (CIT) provides for a high level of confidentiality and a very high degree of asset protection, in that the assets settled into a CIT are sheltered against potential claims, as they are segregated from the settlor’s funds. Assets are also shielded against subsequent bankruptcy or liquidation of the settlor,[…..]

Cyprus Leads in Citizenship by Investment Index

The Financial Times‘ Professional Wealth Management, in its recent study of citizenship by investment (CBI) programmes, has ranked Cyprus above other EU countries. A primary objective of the CBI Index is to identify factors which satisfactorily measure the features and desirability of CBI programmes in various jurisdictions. The factors considered in the rankings which ranked[…..]