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The “Cyprus Startup Visa” Scheme enables talented entrepreneurs from third countries, either individually or as part of a team, to enter, reside, and work in Cyprus to establish, operate by relocating an establish innovative startup to Cyprus, or develop a new startup with high growth potential. Innovative startups are defined as unlisted small enterprises no […]
The UBO (Ultimate Beneficial Owner) Registry in Cyprus is a government-mandated database that records the details of the ultimate beneficial owners of companies and other legal entities registered in the country. This registry is part of Cyprus’s compliance with the 4th and 5th EU Anti-Money Laundering Directives (AMLD), which aim to increase transparency and combat […]
Cyprus Citizenship by Investment Program (CIP) Reminder of Obligations and Consequences of Non-Compliance. The Cyprus Citizenship by Investment Program (CIP) was suspended in November 2020. However, for citizens who obtained a passport under this program, the obligations remain in force. Failure to comply with these requirements may result in serious consequences, including revocation of citizenship. […]
The international consulting company Knight Frank revealed in The Wealth Report 2019 the investment preferences of millionaires whose net assets exceed $ 30 million annually.