Citizenship by Investment in Cyprus

An EU passport includes the right to live and work in any EU member-state. Following, the result of the UK referendum, the UK citizens will 

Binary Options trading is a straightforward way to trade price fluctuations in multiple underlying financial assets. The underlying asset can be a currency pair (i.e. 

The Council of Ministers of the Republic of Cyprus approved the Cyprus Start Visa for non-EU citizens aiming at promoting investments in Cyprus in the 

Animal welfare denotes the well-being of animals, a vital component for the preservation of the ecosystem. The Cyprus legislation for the protection and safeguarding the 

Cyprus signed the Organization of Economic Cooperation and Development (OECD) Multilateral Competent Authority Agreement (MCAA) on Country-by-Country (CbC) Reporting on 1st November 2016. Afterwards, the 

The Leasing Law (72(I)/2016) entered into force on 28 April 2016. The purpose of this Law is to regulate and supervise the provision of financial 

Interim orders or injunctions are temporary court orders which oblige someone to act or not to act in a specific way. One of the primary 

The mission of CySEC is to safeguard investors protection and the healthy development of the securities market. Furthermore, the vision of CySEC is to establish 

Nowadays, the internet is embedded in almost every aspect of daily and business life. People use Information and Communication Technologies (ICTs) to network, to communicate, 

Natural and legal persons involved in legal proceedings send and receive various judicial and extrajudicial documents. ‘Service of documents’ denotes the delivery of legal documents 

Tax avoidance and improvement of Single Market for businesses are among the main concerns of the European Union. Specifically, the European Commission aims at reinforcing 

Circular 2016/15, issued on 24 November 2016, by the Cyprus Tax Department, defines the application of Article 33 of the Income Tax Law (118(I)/2002), as 

Banc de Binary, one of the biggest global providers of online trading in binary options renounced its authorisation. Furthermore, the company was a sponsor of 

Cyprus is a leading ship management centre. Specifically, Cyprus is the third biggest maritime fleet in the EU and the tenth biggest fleet in the 

The Ministry of Finance of the Republic of Cyprus announced that the state authorities of Cyprus and Russia have agreed to postpone the implementation of 

Cyprus Companies Law (Cap. 113) provides that every private company shall have at least one director and every public company shall have at least two 

Foreign currency loans and mortgages embed a considerable risk due to exchange rate fluctuations which may increase the cost of borrowing.  Loans and mortgages in 

Business development is a fundamental component of profit maximisation. Among the primary objectives of business development practices are to find clients, and establish strong relationships 

Shipping is one of the most important sectors of the Cyprus economy. Furthermore, Cyprus is a significant international shipping hub. Specifically, Cyprus is the third 

Land is considered as one of the most valuable commodities, so its value is steadily increasing. Moreover, land investment is interrelated with high social and 

Riding a motorcycle embraces freedom and a considerable range of risks. For instance, motorcyclists are more likely to die or be seriously injured in a 

Football is one of the most popular sports worldwide. Specifically, football is considered to be the king of sports as it is associated with entertainment 

The sports industry is becoming more and more commercialised and globalised. As a result, athletes, coaches and other stakeholders engaged in the sports industry are 

Increased mobility and international families are two of the primary outcomes of globalisation. That is to say, spouses may come from different countries, they may 

The evidence law refers to the rules and legal principles that define the proof of facts in a legal proceeding. As the available evidence shapes 

‘New Online Betting Regulations will create significant prospects for the economy.’ Harris Georgiades, Minister of Finance Online betting regulations, together with other measures concerning the 

The Cyprus government launched the Cyprus Citizenship by Investment Programme in order to give incentives to foreign investors and business people to implement their business 

A person (the testator) determines the ways in which his/her immovable and movable property will be distributed after his/her death through a will. However, in 

Estate planning is a sensitive matter, consequently, many people avoid addressing it. However, it should be pointed out that estate planning is an important matter 

Estate planning denotes the process of arranging the disposal of someone’s property, including immovable and movable property after his/her death. Obviously, estate planning may eliminate 

Pokemon GO is an augmented reality game that embeds virtual creatures in the physical space. Therefore, virtual and physical space co-exist as the virtual creatures 

The provisions of Termination of Employment Law (24/1967) regulate and define the rights and obligations of employers and employees in case of termination of employment. 

Insurance represents a contract, in which an individual or a private entity receives financial protection or reimbursement against unexpected losses from an insurance company. In 

Cyprus has extended its network of double tax conventions by concluding an agreement on the avoidance of double taxation on income with Jersey. Jersey is 

The favourable tax regime together with many other benefits, such as the well-developed and transparent legal system, attract business people and investors to launch their 

The term animal welfare denotes the well-being of animals. In Cyprus, the law for the protection and safeguarding the health and welfare of animals (46(I)/1994) 

Parental care is an important aspect of divorce proceedings. Specifically, child maintenance is an important matter that needs to be taken into consideration as parents 

Divorce is a highly delicate area of family law. An important thing that needs to be clarified is that divorce does not entirely terminate the 

The geographical location of Cyprus together with other considerable advantages and well-developed business infrastructures constitute Cyprus an attractive location for international business activities. Cyprus is 

The Government of the Kingdom of Bahrain and the Government of the Republic of Cyprus concluded an Agreement for the avoidance of double taxation with 

The double tax treaty between the Republic of Cyprus and the Republic of Latvia will strengthen the economic and commercial relations between the two countries. 

In October 2015 the Cyprus Tax Department issued the Circular 2015/13 aiming at creating a stable and credible tax system and establishing new procedures for 

Prevention and monitoring of money laundering, as well as the financing of criminal and terrorist activities, is a significant factor that influences the efficient and 

The Circular C132, issued by the Cyprus Securities and Exchange Commission (CySEC), contains additional guidelines concerning the legal and natural persons that are included in 

On Wednesday 1st of June 2016, the Council of Ministers of the Republic of Cyprus approved the following: the reduction of the immovable property tax 

In 2012 the Cyprus Parliament passed a Law regarding the annual levy on Cyprus Companies. Following the provisions of Companies Law (Cap. 113), all companies 

The Department of Merchant Shipping has updated its guidelines to operators of ships calling at ports in the Republic of Cyprus concerning reporting procedures under 

Cyprus is one of the most important maritime locations in the world. Precisely, Cyprus is the third biggest maritime fleet in the EU and the 

Civil marriage in Cyprus is governed by the provisions of Marriage Law (104(I)/2003) and it is under the jurisdiction of municipalities. Specifically, a civil wedding 

The civil partnership (Law 184(I)/2015) legitimises the union between two individuals, regardless of gender. In other words, the civil partnership permits same-sex and opposite-sex couples 

The major legislation that regulates mergers and acquisitions in Cyprus is the Companies Law (Cap. 113). In particular, the sections 198-202 contain provisions about mergers, 

The Association Agreement between Cyprus and the European Economic Community entered into force in the late 1980’s. As a result, Cyprus was obliged to establish 

On the 31st of July 2015 and 18th of January 2016 the EU adopted the following legislative instruments concerning restrictive measures against Libya: EU Council 

Banking is one of the most important sectors of the economy since it influences investment and consumption. Confidentiality is a cornerstone element of an effective 

Personal data defines any information relating to a natural living person. Some illuminating examples are the number of our identity card, passport, date of birth, 

The leak of 11.5 million confidential documents of the Panamanian law firm Mossack Fonseca revealed how rich and powerful people use tax havens to hide 

Confidentiality and data protection are two vital issues in almost all business, social and employment matters. Specifically, data protection is an emerging topic that public 

The Employment Law (100(1)/2000) in Cyprus includes both statute and case law. Specifically, Cyprus statute law contains issues related to the termination of employment, paid 

Estate planning is the process of arranging the disposal of someone’s movable and immovable property after his/her death. It should be mentioned that estate planning 

The geographical location of Cyprus between Europe, Asia, the Middle East and Africa together with the well-established legal, banking and accounting infrastructures urge local and 

The Alternative Investment Funds Managers’ (AIFMs) Law, 56(I)/ 2013, aligns the Cyprus regulatory framework with various EU regulations on Alternative Investment Managers (AIMs). Specifically, the 

Foreign exchange trading (FOREX) is an innovative type of business that brings together buyers and sellers from all over the world regardless of time and 

A domain name is an identification string defined by the rules and procedures of the Domain Name System (DNS).  It should be pointed out that 

Estate denotes the movable and immovable property someone processes during his/her lifetime. As a result, estate administration is strongly related to all the procedures of 

Banking is one of the most important sectors of the world economy as it influences investment, consumption and other business activities. Furthermore, banking has a 

Charges and mortgages are two instruments that ensure creditors’ protection.  Precisely, all creditors need to ensure that they will receive payment for their services or 

Cypriot investment firms (CIFs) provide investment services on a professional basis inside or outside Cyprus.  A CIF cannot offer professional investment services without being licenced 

Parental care is the right and duty given to both parents, to take important decisions concerning the life of their children.  In Cyprus, parental care 

Criminal law is a set of regulations that indicate the actions the society disapproves.  A criminal wrong differs from civil wrong.  Precisely, a criminal wrong 

Police announced that during January, more than 7.000 drivers had been breathalysed in the whole country, and the 8.25% found to be over the legal 

Cyprus is a major financial and investment centre in the EU and internationally.  As a result, there is a requirement for an effective and efficient 

Shipping is among the most important sectors of the Cyprus economy. In addition, Cyprus is one of the biggest fleets in the EU and internationally. 

Cyprus is an attractive location for immovable property investments for many reasons.  On the one hand, the considerable law taxation schemes, the reliable legal framework 

The legal team of Michael Chambers& Co. LLC would like to inform you about the amendment of Law 144 (I)/2015, which introduced the partnership limited 

The legal team of Michael Chambers& Co. LLC is able to assist ‘trapped’ buyers to obtain Title Deeds. The amendment of Transfers and Mortgaging Property 

The services of Michael Chambers& Co. LLC are available also in Russian. The Cyprus taxation scheme together with the simple bureaucratic procedures motivates business people 

Employers have a duty of case and responsibility in protecting their employees, business partners, independent contractors and visitors. In other words, employers must take the 

Cyprus is among the most significant business and investment centres in the EU and internationally. The considerable tax incentives together with the limited bureaucratic procedures 

An accident caused by poor road maintenance or by negligent driving may lead to a severe personal injury or death. The victim and his or 

Personal injury denotes the pain caused by another party’s negligence. Particularly, in Cyprus, personal injury is under civil law (Cap. 148) and is based on 

Medical malpractice is an example of negligence that may cause a severe personal injury or death. Precisely, medical malpractice denotes a legal offense that happens 

The 26th November 2015 the Cyprus Parliament approves the civil partnership legislation. The Law 184 (I)/ 2015 denotes that the union of heterosexual and LGBTQI 

The island of Cyprus is a well-known historical and touristic destination. The fantastic weather together with the ancient history and legends constitutes the island an 

In the article “Registration of Ships in Cyprus” Michael Chambers presented the essential information about eligibility criteria and ship registration procedures. Cypriot and European citizens 

There is a vast array of benefits available to those wishing to register a shipping vessel under the Cypriot flag. In terms of geographical location, 

Low taxation and straight forward bureaucratic procedures attract business people and investors from all over the world to invest in the Republic of Cyprus. Cyprus’ 

Shipping is an important sector of the Cyprus economy. Consequently, shipping finance constitutes an essential part of Cyprus shipping industry. International and national financial institutions 

Cyprus is a major international shipping centre. In the article “International Shipping Companies Choose Limassol,” Michael Chambers explained the major incentives that motivate international shipping 

Loans and mortgages in SWISS FRANC became popular in Cyprus after 2006, the year when the Republic was a candidate country to assess the EURO 

Cyprus is a leading market in ship management. Tax incentives and well-developed business infrastructures attract ship owners and shipping companies from all over the world 

An important dimension of Family Law is parental care. In general, the term parental care denotes the right and the responsibility of parents towards minor