Legal articles

Citizenship by Investment in Cyprus

Cyprus is one of the very few countries in the European Union to offer a programme to non-EU citizens that enables them to acquire citizenship directly through investment. The Cypriot citizenship is an EU citizenship and the right to live, work and move freely within all the 28 EU countries. The Cypriot citizenship by investment programme is generally regarded to be the most attractive of its kind. An applicant does not have to live in Cyprus in order to obtain the citizenship and processing of the applications takes only around 3 months. READ MORE

Alternative Investment Funds in Cyprus

The Alternative Investment Funds Law of 2014 was enacted by the parliament on the 10th of July 2014 and entered into force on the 27th of July 2014. This new Law provides for the establishment and operation of Alternative Investment Funds (AIF) in Cyprus. The Alternative Investment Funds Law of 2014 replaces the International Collective Investment Schemes Laws of 1999 and 2000. The new Law creates a framework for the operation of Alternative Investment Funds which is in harmony with the relevant EU directives. READ MORE

Cyprus Investment Firms

Certain activities and services are regulated and can only be provided if a license is obtained. In Cyprus, the governing authority is The Cyprus Securities and Exchange Commission (CySEC) which examines applications for such licenses and issues the licenses when such applications are approved. The primary legislation governing the provision of investment services and for the regulation and registration of Cypriot Investment Firms is Law 114 (I)/2007. Some of the advantages of Cypriot Investment Firms (CIF) are: ● Corporate tax rate at 12. READ MORE

Permanent Residence Permit in Cyprus via Investing on Property

Cyprus has a favorable regime which allows a third country national to obtain Permanent Residency in Cyprus if he or she buys property in Cyprus worth a minimum of €300.000 and when certain conditions are met. Low crime rate, nice weather, high quality schools and a good living standard render Cyprus a very desirable location to invest on property and to seek to start a new life. According to the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the criteria which have to be met for a third country national to obtain Permanent Residency in Cyprus are: READ MORE