Cyprus

Instant Payments in Cyprus: Fast, Secure & Compliant!

๐Ÿ“ฐ ๐—•๐—ฒ๐˜†๐—ผ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—›๐—ฒ๐—ฎ๐—ฑ๐—น๐—ถ๐—ป๐—ฒ๐˜€! ๐Ÿ” As recently covered in the media, Cyprus has entered a new phase of digital banking with the rollout of instant payments, a system that allows funds to move between accounts within seconds โ€” any time, any day. What Changed Key Benefits Regulation & Security The EUโ€™s Instant Payments Regulation sets […]

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Family Offices in Cyprus: Tax & Wealth Advantages!

High-net-worth families and entrepreneurs are increasingly choosing Family Offices as the preferred vehicle for managing and safeguarding wealth across generations. Offering greater control, cost efficiency and tailored solutions, Family Offices are becoming the gold standard for long-term wealth management. Cyprus, with its unique combination of strategic location, modern legal framework and world-class tax advantages, is

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GDPR Compliance: Key Principles of Video with Sound Recording!

Watching the Watchers: GDPRโ€™s Impact on Surveillance Systems! A recent case involving the Deputy Ministry of Social Welfare in Cyprus has brought attention to the use of video surveillance (CCTV) systems that also record audio. A union of civil servants in Cyprus recently complained that cameras at the Ministry were capturing both video and sound,

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Cyprus Banking Consolidation: CDB Bank Acquisition Talks!

๐Ÿ“ฐ ๐—•๐—ฒ๐˜†๐—ผ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—›๐—ฒ๐—ฎ๐—ฑ๐—น๐—ถ๐—ป๐—ฒ๐˜€! ๐Ÿ” ๐—–๐——๐—• ๐—•๐—ฎ๐—ป๐—ธ ๐—ก๐—ฒ๐—ฎ๐—ฟ ๐—”๐—ฐ๐—พ๐˜‚๐—ถ๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป ๐—ฏ๐˜† ๐—Ÿ๐—ผ๐—ฐ๐—ฎ๐—น ๐—•๐—ฎ๐—ป๐—ธ ๐—ถ๐—ป ๐—–๐˜†๐—ฝ๐—ฟ๐˜‚๐˜€ | ๐——๐˜‚๐—ฒ ๐——๐—ถ๐—น๐—ถ๐—ด๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ข๐—ป๐—ด๐—ผ๐—ถ๐—ป๐—ด! As featured in Brief.com, Cyprus banking faces another possible merger, as negotiations for the potential acquisition of CDB Bank, (Cyprus Development Bank), are underway. However, no deal has been announced yet. Talks are now in the Due

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Wills, Trusts & Succession Planning in Cyprus: Inheritance and Wealth Protection!

Succession planning is essential if you want to protect your assets, avoid legal disputes and protect your legacy! With the right plan, you can decide who inherits your wealth (not just leave it to default Cyprus Inheritance Law), protect assets from creditors, divorce, or mismanagement and provide long-term support for children or vulnerable heirs. However,

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Cyprus Business Growth Soars with 48K+ Work Permits!

๐—•๐—ฒ๐˜†๐—ผ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—›๐—ฒ๐—ฎ๐—ฑ๐—น๐—ถ๐—ป๐—ฒ๐˜€! As recently featured on Philenews.com, Cyprus issued 48,212 Work and Residence Permits between January 2023 and August 2024 to highly skilled employees and their families, according to information tabled in Parliament by the Minister of Interior, Constantinos Ioannou. This reinforces Cyprusโ€™s role as a strategic hub for international business! Breakdown of Work

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