Pyrgou Vakis Law Firm recently sponsored and attended the “NON DOMS: THE CYPRUS PRIVATE CLIENT OFFERING GATHERING 2024” organized by IMH Business and supported by Invest Cyprus. The event took place in at the London Stock Exchange and highlighted the numerous benefits Cyprus offered to private clients, including favourable taxation, wealth preservation, quality of life and the ease of establishing a business presence in Cyprus.
Georgia Papa, Director at Pyrgou Vakis Law Firm, presented on key legal aspects for shareholders and business owners. Her discussion covered wealth protection and preservation, along with the benefits of Cyprus International Trusts.
The Cyprus non-dom regime remains one of the most attractive in Europe, offering unparalleled tax benefits:
- Zero tax on dividends and interest for 17 years for non-domiciled individuals.
- No inheritance or wealth taxes, ensuring financial efficiency across generations.
- The 60-day tax residency rule, providing flexibility for internationally mobile individuals.
- Access to an EU-compliant, business-friendly environment, with double taxation treaties in place with over 60 countries.
These benefits make Cyprus an exceptional choice for those seeking both tax efficiency and an improved quality of life.
At Pyrgou Vakis Law Firm, we pride ourselves on offering expert legal guidance for Residency, Wealth Management and Tax Efficiency. If you are exploring relocation or wish to learn more about how the Cyprus non-dom regime can benefit you, reach out to Georgia Papa g.papa@pyrgouvakis.com
