When a person passes away leaving assets in Cyprus, their estate must go through the legal probate process before assets can be transferred to the rightful heirs. Probate ensures that the deceased’s estate is properly managed, debts are settled, and distribution is carried out lawfully, whether or not a valid Will exists. We provide comprehensive
Cyprus has steadily emerged as a major international hub due to its strategic location at the crossroads of Europe, Asia, and Africa.
Owning immovable property in Cyprus is a valuable investment — even if you reside abroad. However, cross-border estate planning requires careful preparation to ensure that your assets are protected and that your wishes are honoured after your passing. For non-residents, preparing a Will that is governed by Cypriot law is a highly recommended step in
For world-class athletes, success often comes early—and with it, substantial financial rewards. From prize winnings and sponsorship deals to media rights and personal branding, the financial landscape for top performers is complex and fast-moving. Without careful planning, these assets can become vulnerable to taxation, mismanagement, or disputes. This is where Cyprus International Trusts (CITs) offer
In Cyprus, transferring property rights through an Assignment Agreement is a well-established method used when the property’s title deed has not yet been registered in the name of the original buyer (the assignor). This type of agreement is especially relevant in cases involving off-plan developments, properties still under construction, or re-sales of investment properties prior
Owning real estate in Cyprus while residing abroad is a significant asset, but it also comes with important estate planning considerations. For non-residents, drafting a Will governed by Cypriot law is a crucial step in protecting your assets and ensuring your wishes are legally respected upon your passing. Why a Will Under Cyprus Law is
Over the past few years, Cyprus has seen a steady rise in property transactions—and it’s easy to see why. Purchasing property here is a clear and secure legal process, open to both locals and international buyers. Thanks to Cyprus’ well-structured legal system, ownership rights are fully protected, even for non-Cypriot nationals investing in the Republic.
October 2025 | Legal Insight | Real Estate & Tax Law The Parliament of Cyprus has recently enacted new legislation introducing substantial amendments to the VAT framework applicable to primary residences. These legislative changes, adopted with broad political consensus, aim to bring national law into alignment with European Union requirements, following sustained pressure from the
On 16 December 2024, the department of the Registrar of Companies and Intellectual Property (RCIP) published a directive introducing the changes that come into force in the form of the Prevention and Combating of Money Laundering from Illegal Activities (Amendment) (No. 2) Law of 2024, N.141(I)/2024, which was published on 06 December 2024. Below are
Why Cyprus:One of Europe’s most business-friendly jurisdictions, offering low tax rates, wide treaty network, and EU banking standards. Tax Advantages Personal Tax Perks for Non-Doms Bank Account Opening Quick Checklist – Company Formation Our Support We handle every step of incorporation and banking to ensure a smooth, compliant setup for your Cyprus entity. ContactMikaella Psillidou