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 emerging as a prime location for establishing a Family Office.
Cyprus: A Strategic Option
As an EU and Eurozone member, Cyprus provides a secure and reliable platform for international families. Cyprus also offers a highly skilled professional workforce, including lawyers, accountants and wealth advisors, ensuring your Family Office operates efficiently and in full compliance with international standards. Located at the crossroads of Europe, Asia and the Middle East, Cyprus combines geographic convenience with political stability.
Tax and Legal Advantages
Cyprus is widely recognized as one of Europe’s most attractive jurisdictions for wealth management. Its stable legal system, based on UK Common Law, is transparent, flexible and ideal for trusts and wealth management structures. Families can expect to benefit from one of the lowest corporate tax rates in the EU at 12.5% and no succession or wealth taxes.
Individuals who transfer their personal Tax Residency to Cyprus may also obtain the Non-Dom Status, which exempts its holders from the obligation to pay Special Defence Contribution on Dividends, Interest and Rental Income. Read more on the Non-Dom Status here.
Cyprus also maintains an extensive network of double taxation treaties, which allow families to avoid being taxed twice on international income. Treaties exist with major economies including the United Kingdom, the United States, Germany, France, Italy, China, Singapore, India and the United Arab Emirates. This network enables global investments to be structured efficiently while minimising tax exposure.
Flexible Structures for Every Family
Cyprus offers a variety of structures to establish a Family Office. Private Trust Companies safeguard and control family assets, while Companies limited by shares or guarantee and investment funds provide additional flexibility for managing global investments. Read more on Estate Planning in Cyprus here.
Cyprus International Trusts: Asset Protection and Confidentiality
Cyprus International Trusts (CITs) are particularly attractive for high-net-worth families. They allow settlors to manage property in perpetuity, protect assets from creditors, maintain confidentiality and may be used to hold assets anywhere in the world. Income generated for non- Cyprus tax resident beneficiaries from sources outside Cyprus is generally exempt from taxation in Cyprus, making CITs an excellent tool for cross-border wealth management. Read more on Cyprus International Trusts here.
Who Can Benefit
Family Offices in Cyprus are ideal for (ultra) high-net-worth families, entrepreneurs planning succession and families with international presence and investments in multiple countries. They are especially valuable for those seeking a robust mechanism to preserve wealth, coordinate global investments and implement long-term estate planning.
Build Your Legacy with Confidence
A Family Office in Cyprus offers more than financial management, it provides peace of mind. Families gain access to an extensive ecosystem of legal and financial advisors, ensuring wealth is protected, efficiently managed to ensure continuity for generations to come. With strategic location, tax efficiency, regulatory and legal certainty and an extensive network of double taxation treaties, Cyprus is the ideal jurisdiction to protect, grow and manage your family legacy.
If you wish to protect, grow and manage your wealth with confidence through a Family Office in Cyprus, contact our team at
✉️info@paraschou.com.cy, 📞 Tel: 00357 22 622 262, 🌐 Web: www.paraschou.com