According to Cyprus Tax Law, an individual who spends 183 or more days in Cyprus during any given tax year is considered to be a Cyprus Tax Resident. Personal Tax Residency may also be established under the 60-Day Rule. Individuals who are Tax Residents of Cyprus may benefit of an exemption from Personal Income Tax […]
Personal Income Tax Exemption: 90-Day Rule Read More »
Non-EU Nationals who wish to reside in Cyprus for more than 90 days, may file an application for a Temporary Residency Permit, commonly referred to as a ‘Pink Slip’. A Pink Slip grants its holders the right to reside in Cyprus from the day of filing of the relevant application and to travel freely in
Cyprus Pink Slip: Temporary Residency Permit under Visitor Status Read More »
Cyprus has traditionally been a popular relocation destination, combining a business-friendly environment and a favourable tax regime with a safe, high-quality lifestyle to raise a family. The real estate sector in Cyprus has experienced substantial growth with demand from both within and outside the EU. Moving to Cyprus and buying real estate, however, don’t come
Buying Real Estate in Cyprus Read More »
Understanding the Law and Planning Ahead Succession planning is a crucial aspect of business management, particularly for family-owned businesses. In the context of the law in Cyprus, there are four stages to consider when planning for business succession. Identifying Potential Successors The first stage is identifying potential successors. This involves assessing family members or key
The 4 Stages of Succession Planning for Family-Owned Businesses in Cyprus Read More »
A recent amendment in Article 20 of the Greek Law 4251/2014 on Immigration, Social Integration Code, and other provisions have been passed, introducing changes in the requirements for Non-EU Nationals to obtain a Residency Permit in Greece. What is a Greek Golden Visa? Non-EU Nationals can obtain a Residency Permit in Greece, by investing a
Changes in the requirements for Non-EU Nationals to obtain a Residency Permit in Greece Read More »
The Cyprus Government has recently introduced further tax incentives for employees moving to Cyprus for work and in particular for Employees of Foreign Interest Companies which choose Cyprus as their Headquartering base. These incentives have been introduced in addition to the simplification of Immigration procedures and the introduction of new Visa Schemes, such as the
Moving your Team to Cyprus? Additional Income Tax Incentives Introduced Read More »
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