Tag: Cyprus
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Cyprus Golden Visa Program Under New Scrutiny: Stricter Controls and Future Implications
The Cyprus Golden Visa Program, an initiative offering permanent residence to investors, is facing stringent changes. Following a revealing audit report, the Cyprus Ministry of the Interior has enforced tougher criteria to tighten the previously lax regulations. This move comes as an attempt to mitigate the risks and loopholes that marred the program’s reputation, reflecting…
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Top 2024 Investment Programs: Experts Recommend the Best Second Passports for Offshore Investment
In today’s globalized world, the concept of investing offshore and obtaining a second passport has become increasingly popular among savvy investors. As we step into 2024, certain investment programs have risen to the top, highly recommended by experts for those seeking to diversify their portfolios while gaining the flexibility and benefits of a second citizenship.…
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The Business World Without Borders
Top 10 Jurisdictions for Offshore Company Incorporation An Offshore Company Incorporation can offer various benefits like privacy, tax optimization, and easier international operations. However, it’s crucial to choose the right jurisdiction based on your specific needs, as each has its own set of rules, costs, and advantages. Here are ten notable jurisdictions for incorporating an…
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Russian Expats and Their Favorite Tax Havens
A Glimpse into Wealth Migration The term “tax haven” often elicits images of tropical islands or secretive nations where the rich stash their wealth. For Russian expatriates, especially those with considerable resources, tax havens have become an increasingly attractive option to safeguard their assets and minimize tax liability. This phenomenon is not isolated to Russia;…
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Get EU residency by buying a property in Cyprus
At the moment there is a growing urgency for many South Africans to want to diversify and invest in offshore property to secure a Plan B; as the property investment offers an insurance against political instability and economic risk. Europe is by far still the preferred property investment destination as not only does the EU…
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Get Ready for Crazy – Jeff Thomas
Recently, the Honduras homes and businesses of the family of Jaime Rosenthal were raided by the Honduran government. The properties themselves were seized and other assets taken. The family-owned bank was also seized and has been forced into liquidation, creating potential financial crisis for its 220,000 clients. Throngs of angry clients, unable to go about…
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As Cyprus Collapses, It’s a Race to the Mediterranean Gas Finish Line
Cyprus is preparing for total financial collapse as the European Central Bank turns its back on the island after its parliament rejected a scheme to make Cypriot citizens pay a levy on savings deposits in return for a share in potential gas futures to fund a bailout. On Wednesday, the Greek-Cypriot government voted against asking…
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Cyprus – A Gateway to European Success
Few jurisdictions in Europe can truly act as an economic bridge between West and East. Cyprus can certainly lay claim to such a position, and just might prove to be the fundamental economic ace card in the years ahead. Cyprus’ geographical location makes it more than just a hub for trade and ideal for so…