Cyprus launches redesigned Citizenship by Investment Programme

I am contacting to inform you that the Cyprus Government has approved significant new changes to its Citizenship by Investment Programme. The most important amendments are: The investment amount has been reduced to €2.0 million from €2.5 million, provided the investment is in real estate.   The collective investment option has been abandoned.   The investor’s parents […]

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Cyprus: A gateway for international investments

Although the banking crisis of 2013 has dented its reputation as a center for international businesses, Cyprus has put that behind and is fast becoming again a reliable and reputable destination for investors. Cyprus came out of the monitoring by Troika after the completion of three years with only 70% utilization of the available loans […]

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A short guide to acquiring immovable property in Cyprus 2016

The acquisition of immovable property in Cyprus should be quite a straight forward and easy processand should provide no future problems to anyprospective investor provided he acts prudently and takes advantage of the safe and protective legal system of Cyprus governing the acquisition of immovable property. A prospective property buyer should seek professional advice to safeguard […]

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Legal & Banking System in Cyprus

Cyprus has a comprehensive, modern and forward-looking legal and regulatory framework. Due to the fact that the island was a British colony until 1960, when it became an independent republic, the legal system of Cyprus is widely based on English law with some exceptions. Cyprus employs a common law legal system that prides itself in […]

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Case Study: Cyprus – Typographos & Co Lawyers

SUBSECTION (2) OF SECTION 111A OF THE CIVIL REGISTRY LAWS(2002) of the Republic of Cyprus provides that the Council of Ministers may, under any conditions it determines to be appropriate, allow the Naturalization by exception of foreign investors. By virtue of its most recent decision dated 19 March 2014, the Council of Ministers has revised […]

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Case Study: The Cyprus Citizenship by investment Program – Typographos & Co Lawyers

Subsection (2) of Section 111A of the Civil Registry Laws (2002) of the Republic of Cyprus provides that the Council of Ministers may, under any conditions it determines to be appropriate, allow the Naturalization by exception of foreign investors. Thus by virtue of its most recent decision dated 19 March 2014, the Council of Ministers […]

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Acquisition opportunity

A client of ours has been mandated to help in the sale of a number of holiday resorts in Slovenia’s highly prestigious Portoroz region.  These holiday resorts are owned by one specific group and the sale of the hotels has been demanded by the banks following the signing of Master Restructuring Agreement between them, according […]

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‘IP Rights Box’ – Cyprus 2014

In recent years a number of EU countries have introduced schemes that can lead to substantial tax benefits in relation to license/royalty payments deriving from the exploitation of intellectual property rights. These schemes have come to be known as an intellectual property rights box (‘IP box’). Cyprus by way of its IP box offers an […]

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