Uglobal, the well-known networking platform for international investment and immigration, interviewed Esme Palas, a Partner at Michael Kyprianou & Co LLC, particularly in light of the challenging times the pandemic has brought which surprisingly triggered a spike in interest for investment migration amongst high-net-worth and ultra-high-net worth individuals from a wider range of markets. Esme focuses on the fact that, although Cyprus no longer offers citizenship-by-investment options, its permanent residency option for foreign investors remains quite popular. Esme is optimistic that the Cyprus Residency Program will continue to attract those investors who are searching for a Plan B to safeguard not only their wealth but also (perhaps even more importantly) their families. The unique combination of benefits that Cyprus has to offer including quality of life, low cost of living, tax advantages, strategic business location and good healthcare as well as access to the international business environment, are all significant reasons for those looking to relocate or invest in Cyprus.
You can read the full interview here