Groundz/Countries/Cyprus

Cyprus residence, tax residency, property, business

One partner for the full life cycle of a Cypriot structure — establishing, protecting and growing the international interests of private families and entrepreneurs through Cyprus.

Services↓

Cyprus is a member of the European Union with a legal system based on English common law, no withholding tax on dividends paid to non-residents and one of the widest double tax treaty networks in the world. It is one of the safest countries in the world, with a mild Mediterranean climate and more than 300 days of sunshine a year, which is why people choose it not only for business, but also to live, relocate their families and establish tax residency.

We act as a single partner across the full life cycle of a Cypriot structure, working as one team with the client and their advisers: we liaise with lawyers, accountants, tax advisers, banks and public authorities and oversee every stage.

0%tax on dividends and interest for non-dom residents — for up to 17 years
EU residencefor the whole family, including parents
+18%year-on-year growth in property transactions in Cyprus
3%effective tax on intellectual-property income under the IP Box regime

A  Corporate structuring and capital

Setting up a Cypriot structure is straightforward. Coordinating the lawyers, accountants, banks, regulators and registries behind it is the hard part — and that is what we take on.

Structuring

Corporate structuring

Setting up and managing Cypriot companies and holding structures. A Cypriot holding company provides an EU base under common law, with low withholding tax and tax-efficient exits from investments.

  • company registration
  • nominee and company secretary services
  • compliance and corporate documentation
Capital

Trusts and wealth management

Succession and asset-protection structures for high-net-worth families.

  • bespoke trust deeds (Cyprus International Trust)
  • professional trusteeship
  • trust bank accounts
  • distributions to beneficiaries in line with tax law
Substance

Economic substance

Real economic substance in Cyprus — a local office, staff and infrastructure — so that the Cypriot company retains its tax benefits and stands up to scrutiny.

IT and e-commerce

Intellectual property, IT and e-commerce

Protection of trademarks, patents and copyright, e-commerce compliance and tax solutions under the Cyprus IP Box regime, which reduces tax on qualifying income from intellectual property.

B  Relocation and residence

We help individuals and families move to Cyprus and build a secure second home in the EU.

Residency

Residence permits and permanent residence

We select the right permit for each family member’s nationality and goals, including parents and complex family situations, and support the application.

  • Yellow Slip — registration for EU citizens
  • Pink Slip — temporary residence permit
  • permanent residence, including fast-track Category F
  • permanent residence through property investment

Requirements for each applicant are confirmed on the date of application.

Tax

Tax residency and non-dom status

We help you become a Cyprus tax resident and obtain non-dom status, under which dividends and interest are exempt from the defence contribution for up to 17 years. We assess in advance how the family’s tax burden will change after the move.

  • the 183-day rule and alternative tests
  • tax on dividends, interest and rental income
  • implications in your country of citizenship — with a tax adviser
Visas

Visa support

Preparing and filing applications for entry visas to Cyprus, work visas and permits for company staff, and visas for family members, including parents.

  • choosing the visa type for the purpose of travel
  • document pack and application appointment
  • work visas for specialists and employees
Settling in

Practical support with the move

Concierge service for the move: short-term rentals, schools and nurseries, health insurance, driving licences and utility connections.

C  Property

Acquisition, sale and investment with full legal due diligence and support through to registration of title.

Acquisition

New builds and resale

We select homes for living, relocation or rental in Limassol, Paphos and Larnaca. We know the developers personally; in the most prominent projects more than half of buyers are Russian-speaking.

  • shortlist by goal: rental, capital growth, family home
  • negotiation with the developer or seller
  • a full breakdown of buyer costs
Transaction

Legal support

Full legal due diligence on the property and the seller, support with contracts and approvals, registration of the contract and transfer of title.

  • title, encumbrances and building permits
  • contract and payment terms review
  • registration and transfer of title
Mortgage

Buying with a Cypriot mortgage

For those working in Cyprus on a work visa or through their own company: borrower profile, choice of bank and alignment with the transaction timeline.

Sale

Selling and letting a property

We sell and let clients’ properties with licensed local brokers, combining Russian-speaking support with local expertise.

D  Accounting, tax, banking and data protection

Accounting and banking

Accounting, tax and banking

In-house accounting, tax and banking support.

  • local and international bank accounts
  • VAT and tax registration, filing returns
  • bookkeeping and financial statements
  • payroll and social insurance
  • audit through partners
GDPR

Data protection (GDPR)

Full GDPR compliance in line with EU and Cypriot law.

  • audits and policies
  • outsourced data protection officer (DPO as a service)
  • incident management

Groundz

Private-client standard

How we work with every client and family — in any country and at every stage.

  1. 01

    Personal adviser

    One person leads the client and the family across countries and stages, with no hand-offs between managers.

  2. 02

    Confidentiality

    Client documents and data are shared only with the specialists involved in the matter.

  3. 03

    Family context

    Decisions, documents and deadlines are kept in one place and carried into every next project.

  4. 04

    Transparency

    The client sees the status, costs and next step at every stage.

Georgia

Investment analysis, developer checks, property transactions, residence permits, companies and banking.

Open page →

All countries

Indonesia, Latin America and other markets we cover with local partners.

See all countries →

Discuss your matter

Leave your details in the form — your adviser will contact you to arrange the first meeting.

Get a consultation →