The Regulated Financial Services sector
The financial services sector has been one of the main driving forces for Cyprus, without a doubt, Cyprus’s participation in the European Union has played an important role. Cyprus as an EU Member State ensures that the island is sufficiently equipped to provide a one-stop-shop service to any reputable entity and/or person wishing to establish a presence in Cyprus. Cyprus now houses numerous companies ranging from hedge funds to insurance distributors, fund managers, credit institutions, foreign exchange operators and investment service providers, among others. The island’s status as a Member State instils a sense of security and ensures that the jurisdiction maintains high regulatory standards, which in turn add value to Cyprus’s reputation as a European financial services hub.
Luxury Real Estate sector
The luxury real estate sector in Cyprus has been expanding for several years, particularly in the last decade. The influx of foreigners looking to work, live and looking into investing in Cyprus created more demand for luxury properties and this sector continues to grow. This is especially evident through the increasing number of luxury property developments around the island, particularly in prime locations.
We specialize in luxury real estate, we work for our customers for a complete solution. From offices to found beach villas, we offer customers what they need, at the best price they can get. We are very transparent without hidden costs.
Travel, Leisure & Tourism sector
The hospitality industry over the years, has played a major role to the Cypriot economy and is a key component for the future performance of the economy.
In addition to the continuous substantial development of tourism industry of Cyprus, the hospitality sector has advanced further are supported by local government incentive schemes which directed local and international investors in the renovation, conversion and upgrading of existing hosting assets and expansion of hosting offers. The combined effect of these contributing factors led to its encouraging growth in the field of hospitality in recent years.
We help our clients enter the hospitality industry by acquiring the right assets for the future.
Cyprus is a modern, efficient and integrated shipping cluster ranked amongst the leading in the world. As a third-party ship management centre, it is the largest in Europe and amongst the top 3 worldwide. More than 20% of the world’s third-party management fleet is managed by companies based in Cyprus.
Among the advantages of registering a yacht in Cyprus is the tax on profits from the operation or management of a yacht registered in Cyprus or on dividends received from a yacht owner company, as well as no income tax on profits from a Cypriot yacht-owning company (including yacht charter). Add to this the complete protection of financiers and mortgages as well as the low registration cost. Yacht registration Cyprus is truly a paradise for boat owners!