What we can do for you
We can assist with all aspects relating to the relocation of private clients and corporates to Cyprus. Whether you are looking to invest in real estate on the island, relocate your family, or move your team and business operations, our team at ATG can advise and coordinate the entire process seamlessly.
More specifically, we can help corporate clients establish a Cyprus company through the Cyprus Business Facilitation Unit (BFU) and benefit from the island’s strategic location, tax incentives, and business-friendly policies. This may involve obtaining residence by employment for staff, including the EU Blue Card for highly skilled non-EU nationals.
For private clients / individuals, options include residence by employment, including the EU Blue Card for non-EU nationals, the Digital Nomad visa, or permanent residency through a €300,000 investment in real estate or other assets.
Get in Touch today
Relocate your Business
Why set up a Cyprus Company
Entrepreneurs and established business owners are moving their companies to Cyprus. It’s not just Shipping and Professional Service Providers making the move; many in the Tech, AI, Gaming, and Software Development sectors are also relocating to Cyprus.
The key advantages of Cyprus are its attractive tax framework, the ease of doing business, and the support that the Business Facilitation Unit, a government agency dedicated to foreign investors, offers. In addition, foreign nationals are capitalizing on the right to move their entire teams to the island as all corporate and immigration permits can be processed seamlessly.
How we can Help
Initial Advisory
Advise on tax and structuring consideration for relocating business to cyprus, liaise with the Business Facilitation Unit, and explore government incentives
Real Estate Support
Advise on real estate for private and commercial purposes, source offices, workshops, warehouses, hotels and other operational real estate as required
Investment Evaluation
Identify and evaluate potential qualifying corporate structuring routes to relocate business to Cyprus, assess incentives for tech, shipping, or pharma companies
Tax and Compliance
Handle tax registrations with social insurance, corporate tax authorities, undertake annual compliance reporting, FATCA/CRS and AML compliance
Immigration Permits
Prepare immigration file, collate due diligence, liaise with government bodies, provide clarifications, handle dependents files and coordinate entire approval process
Relocation Concierge
Support with housing, local/municipal/tax registrations, sourcing schooling and healthcare providers, and arranging lifestyle services
Residence
by Employment
Working in Cyprus
Cyprus has been successfully promoting itself as a tech island in recent years. Forward-thinkers, entrepreneurs, and professionals have been lured to the island and set up a base in this multi-cultural innovation hub. To obtain residency by employment, interested foreign nationals will need to examine the local labour environment. Once they obtain an offer from an eligible, local, international, or foreign interest company in Cyprus we can assist with the application process for their temporary residence and work permits, including the EU Blue Card, and streamline their relocation.
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The regulator has amended this law, especially regarding Highly Skilled foreign workers and their eligibility to obtain Cypriot Nationality after fulfilling the following conditions:
- Highly skilled foreign workers with four (4) years of lawful residence can apply for citizenship if they possess a B1 certificate in the Greek language (lower intermediate level).
- Highly skilled foreign workers with five (5) years of lawful residence can apply for citizenship if they possess an A2 certificate in the Greek language (elementary level).
- All other third-country nationals must satisfy the eight (8) years of lawful residence.
- For all types of applicants, the number of years includes the 12 months of continuous residence in the Republic required before applying.
- Absences of a total of 90 days in these 12 months are allowed.
Moreover, the Cypriot Parliament has passed legislation aligning with Directive (EU) 2021/1883 to introduce the EU Blue Cards scheme. The EU Blue Card is a work and residence permit designed for highly skilled professionals from non-EU countries. It offers numerous advantages for highly skilled professionals seeking to work and live in the European Union.
How we can Help
Initial Advisory
Assist with employer contract finalization, identifying employer’s eligibility to employ non-EU nationals, advising on tax and immigration matters
Corporate Requirements
Oversee registrations for the employer to obtain approval from the Business Facilitation Unit as a Foreign Interest Employer, registrations/company formation
Immigration Permits
Prepare immigration file, collate due diligence, liaise with government bodies, oversee employer/employee registrations, provide clarifications, and coordinate entire approval process
Tax and Compliance
Handle tax registrations with social insurance, corporate tax authorities, undertake annual compliance reporting, FATCA/CRS and AML compliance
Banking Services
Bank account opening services in Cyprus, bank administration, compliance queries, corporate and/or personal bank cards
Relocation Concierge
Support with housing, local/municipal/tax registrations, sourcing schooling and healthcare providers, and arranging lifestyle services
Residence
by Investment
Why relocate to Cyprus
Affluent individuals and their families are investing in Cyprus under the Cyprus Residence by Investment program. By investing a sum starting from EUR 300,000 in qualifying investments, foreign nationals are procuring the right to reside in one of Europe’s most strategically situated countries. Not only does the island offer an enviable quality of life, but numerous tax incentives that have been a magnet for a wide range of applicants from across the world.
How we can Help
Initial Advisory
Advise on tax and personal wealth considerations to invest under residency scheme, explore estate planning and wealth management solutions
Real Estate Support
Advise on real estate for private and commercial purposes, source offices, workshops, warehouses, hotels and other operational real estate as required
Investment Evaluation
Identify and evaluate potential qualifying investment routes to obtain residency permit tax efficiently
Immigration Permits
Prepare immigration file, collate due diligence, liaise with government bodies, handle dependents files, provide clarifications, and coordinate entire approval process
Tax and Compliance
Handle tax registrations with social insurance, corporate tax authorities, undertake annual compliance reporting, FATCA/CRS and AML compliance
Path to Naturalisation
Support client and eligible dependents with residency permit renewals, visa considerations and naturalization application process to obtain EU citizenship
Digital Nomad
Visa
Work from Cyprus
Digital nomads are here to stay, which is why governments are adapting to this new normal and competing to lure these location-independent professionals to their shores. DNs have been applying for the Cypriot DN Residence thanks to its flexible terms, the ability to bring dependents on board, and the incredible lifestyle, security, and cosmopolitan society that Cyprus offers. Under the program, they can opt to benefit from several income tax incentive schemes or even explore the set-up of their own Cyprus registered start-ups.
How we can Help
Initial Advisory
Explore requirements for the Digital Nomad Residence permit, examine Employer requirements, assess dependents eligibility, and tax considerations
Start Up Advisory
Identify start-up incentive schemes, assess capital requirements, corporate structure if a start-up entity is to be registered
Relocation Concierge
Support with housing, local/municipal/tax registrations, sourcing schooling and healthcare providers, arranging lifestyle services
Immigration Permits
Prepare immigration file, collate due diligence, liaise with government bodies, provide clarifications, and coordinate entire approval process
Tax and Compliance
Handle tax registrations with social insurance, corporate tax authorities, undertake annual compliance reporting, FATCA/CRS and AML compliance
Banking Services
Bank account opening services in Cyprus, bank administration, compliance queries, corporate and/or personal bank cards
News and Insights
Oct 3, 2024
Articles
Relocate to Cyprus: Unlocking Opportunities with the EU Blue Card and Permanent Residency
Cyprus is not only an attractive destination for businesses and investors but also for highly skilled professionals seeking to live and work in the European Union. Recent updates regarding the EU Blue Card scheme and pathways to permanent residency and citizenship offer exciting opportunities for both, companies and individuals.
Oct 11, 2023
Articles
Cyprus: Where Tech IP Finds Its Perfect Domain
Cyprus' IP tax regime excels in positioning itself as a tier-one European location for innovative technology firms to establish their operations. IP tax regimes are essential for tech and software companies to avoid high taxes and safeguard their intellectual property.
Oct 9, 2023
Articles
Cyprus: Your Gateway to Mediterranean Excellence for Relocation
Explore why Cyprus is a top choice for individuals and companies considering relocation. Discover the Mediterranean lifestyle, favorable tax incentives, and strategic advantages that make Cyprus a new home for many.
Sep 30, 2023
Articles
Cyprus: The Ideal Relocation Hub For Tech Companies
Cyprus has established itself as a prominent global business center, attracting attention from corporations seeking headquarters, startups looking for fertile ground, family offices seeking strategic locations, and foreign investors in search of investment opportunities. Driven by a blend of factors, Cyprus’ standing has been solidified as a regional business hub with enormous potential.
Get in Touch
We are happy to assist you on your Relocate to Cyprus journey . Please send us your initial request and contact details using this short form.
Alternatively you may call us on: +357 22057560
or email us at: info@atgcorporate.com