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ARTICLE · 25 MARCH 2024

Using Cyprus As A Centre For Managing Family Wealth

Families are becoming more and more mobile, and the various attractive residence schemes available around the world have added to the popularity of relocating to different countries.

GlobalImmigration

Introduction

Families are becoming more and more mobile, and the various attractive residence schemes available around the world have added to the popularity of relocating to different countries. As this trend continues, the management and control of family wealth across jurisdictions becomes even more vital.

Cyprus is a well-established international business centre, with a straightforward and attractive tax regime for foreign investors. Its geographical location, advanced infrastructure, business orientated environment and high level of professional services, are all factors that contribute to the benefit of establishing a Cyprus Family Office that can be used to preserve and grow the Family's wealth for the next generation.

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