As more families and investors adopt structured wealth management approaches, financial strategy, growth and preservation of wealth coupled with confidentiality, governance and continuity across generations are key to this.

Within the EU, Cyprus is positioned as a getaway for setting up a family office and/or structures for international investments due to the attractiveness of its tax regime, EU membership, asset protection, access to double tax treaties and vibrant lifestyle.

We take time to understand client aspirations, risk tolerance and liquidity needs, designing multi generation investment strategies tailored to their objectives. Together, we establish and update investment policies to reflect changes in their goals or family circumstances.

What follows is a brief discussion of popular tools available in Cyprus which enable investors and families achieve their targets and optimize returns, namely:

• Cyprus International Trusts (CITs)
• Wealth Management Services (Funds and Investments)
• Residency & Relocation

INTERNATIONAL TRUSTS

A Trust is not just about protecting wealth — it’s about protecting what matters most: your family’s story, values, and future. At One Family Wealth (OFW) , we design Trusts that give families peace of mind, knowing their legacy will be cared for with the same intention and integrity that built it. Every structure we create reflects a family’s unique vision — built to preserve, nurture, and endure across generations.

The Cyprus International Trust (CIT) stands out as a premier tool for estate planning, wealth management, unparalleled asset protection and high degree of confidentiality for both individuals and businesses.

How a CIT Works

A CIT is a legal arrangement where the Settlor, the person creating the trust, transfers assets to a Trustee, who holds and manages them for the benefit of Beneficiaries. CITs are both flexible and robust, making them an important part of any wealth/succession planning strategy.

Requirements

• Settlor and beneficiaries must not be Cyprus tax residents in the year preceding trust creation. (Relocation to Cyprus the year after the establishment of the trust is permitted)
• At least one trustee must be a Cyprus tax resident
• Governed by the Cyprus International Trusts Law 69/1992, as amended

Types

• Discretionary Trusts: Trustees have discretion over distributions to beneficiaries
• Fixed Trusts: Beneficiaries’ entitlements are predetermined by the settlor
• Charitable Trusts: Established for charitable purposes

Cyprus Private Trust Companies as trustee of the CIT

A private trust company (PTC) is a private company with its sole purpose being to act as a trustee of a specific CIT and trustee decisions of the CIT are made by the board of the PTC.

In this way control is retained over the management of the trust, as the settlor can appoint his trusted advisors to the PTC board.

Key Benefits

• Asset Protection: Resilient to future legal claims
• Tax Efficiency: Neutral treatment of global income
• Estate Planning: Seamless inter-generational transition
• Confidentiality: No public disclosure required
• Control: Settlor may retain strategic influence
• Flexibility: Suitable for a broad range of assets and intentions
• Cross-Border Planning: Highly effective for multinational families

TYPICAL CIT STRUCTURE

For more information you can contact our chairman George Philippides: gap@onefamilywealth.com

WEALTH MANAGEMENT SERVICES

Concentrating your assets builds wealth; diversifying preserves it. Managing your assets is our privilege — we aim to protect and grow them according to your goals.

We take time to understand your aspirations, risk tolerance, and liquidity needs, designing a multi‑generation investment strategy tailored to your objectives. Together, we establish and regularly update your mid‑term investment policy to reflect changes in your goals or family circumstances.

Our wealth managers combine experience and insight to construct personalized, globally diversified portfolios across asset classes. Beyond return, we consider volatility, time horizon, liquidity, tax, and sustainability factors.

Using an open architecture platform, we integrate top investment ideas through strict due diligence and partnerships with leading asset managers, private equity, and hedge funds.

We ensure disciplined oversight through monitoring, benchmarking, detailed reporting, and analysis allowing you to delegate fully or partially, with confidence and transparency.

ALTERNATIVE INVESTMENT FUND (AIF) SERVICES

Cyprus Investment Funds industry is a prominent Funds jurisdiction. With its robust legal framework, innovative Fund structures, EU harmonisation, and strategic geographic location, Cyprus offers an ideal eco-system for launching and managing Funds.

Whether you wish to formulate your own investment strategies or raise capital from private investors, Cyprus offers distinct AIFs to cover every need. Through our licensed Fund management company, One Plus Capital ltd, we can help you throughout your Fund set up journey, from choosing the right fund structure to managing and administering it.

Possible structures for capital raising and/or formulation of investment strategies for projects:

1. AIF*

• Have very stringent regulatory controls
• Mostly addressed to institutional and retail investors
• Option to manage internally or via a Licensed AIFM
• Offer investor protection and can be marketed across Europe.
• Set up timeframe 6 to 8 months and high running costs i.e. office, staff etc

2. AIF Limited Number of Persons (AIFLNP)*

• Maximum for 50 investors, total assets €100 mln with leverage or €500 mln without
• Lighter regulatory controls and reporting
• No need for a full-fledged AIFM
• Option either self or externally managed
• Can promote abroad via private placement i.e national brochure material
• Same as above (setup timeframe 6 to 8 months etc)

3. RAIF**

• Allows marketing across Europe
• Lower compliance and operating costs
• No regulatory approval just notification to CySEC by the AIFM
• Applicable to members holding a stake of more than 25%, to be reported to the UBO registry
• Set up time frame 4 to 6 weeks

4. Special Purpose Vehicle (SPV), Limited Liability Company

• Only statutory regulatory controls and reporting apply
• Access to an extensive network of double taxation treaties on cross-border income
• Flexible capital structure in the absence of minimum share capital requirements
• Fast registration process (average 10 working days) with low annual maintenance costs

Notes:

* Investment vehicle 1 and 2: Suitable in cases of co-invest, raising funds, financing, or establishing structures with enhanced substance at a high cost.

 ** Investment vehicle 3: Upscaled portfolio /asset management alternative.

Investment Services

Our affiliated, One Plus Capital ltd (OPC) is licensed by the CySEC to provide brokerage, portfolio management, investment advisory, corporate services in Cyprus and Europe EU (“EU passporting”)

Using an open architecture approach, it offers a wide variety of investment products, either developed in-house or through carefully selected associates. The objective is to provide boutique investment and financial services to high-net-worth individuals and corporate clients. They built long term relationships with clients based on integrity and trust and provide them with tailored solutions for their individual needs. OPC’s highly qualified professionals work alongside clients to design and craft dynamic strategies that will be implemented for successful management of their investment portfolios and corporate finance needs.

OPC’s fund, One Plus Capital Ventures Fund ltd (AIFLNP) was set up to identify and pursue investment opportunities in the Cyprus real estate market.

For more information you can contact George Papastylianou: gep@onefamilywealth.com or Pavlos Philippides: pgp@onefamilywealth.com

RESIDENCY & RELOCATION IN CYPRUS

Relocating your tax base is more than a strategic move — it’s a chance to create stability and opportunity for the future. Cyprus offers a refined blend of advantages: a trusted legal system, a competitive tax environment, and an exceptional quality of life. We make the journey effortless, guiding families every step of the way toward a new home for their wealth one that supports both growth and peace of mind.

Its EU membership, English-speaking culture, and accessible residency pathways make relocation straightforward for both EU and non-EU nationals.

What follows is a brief and thoughtfully structured overview of the residency and relocation possibilities Cyprus offers.

Immigration Status: EU & Non-EU Nationals

EU nationals relocating to Cyprus obtain the Yellow Slip, a simple registration confirming their right to live and work in the country. It offers access to Cyprus’s healthcare, education system, and all related EU mobility rights. The process is clear and designed to support both individuals and families.

Non-EU nationals typically reside under the Pink Slip, the temporary residence permit that allows long-term stay for categories such as visitors, students, family members, or persons with business ties to Cyprus. Although flexible, each permit type carries specific conditions and rights, which must be aligned with the individual’s personal or professional plans.

Permanent Residency

For non-EU nationals seeking a long-term solution, Cyprus offers the Category 6(2) Permanent Residency Program. This program grants lifetime residence in exchange for a qualifying investment of €300,000 in real estate or other eligible assets. It covers the entire family, is usually issued within a few months, and requires only a short visit every two years. It is ideal for families seeking long-term certainty and an EU foothold without the need for full relocation.

Tax Residency & the Non-Domicile Regime

Cyprus provides two flexible routes to tax residency. The 183-day rule applies to individuals who spend more than half the year in Cyprus, while the 60-day rule is designed for internationally mobile individuals who are not tax resident elsewhere, maintain a residence in Cyprus, and have economic ties to the country.

Once tax residency is obtained, qualifying individuals can benefit from the non-domicile regime, which offers a 17-year exemption on tax from worldwide dividends, interest, and certain capital gains as well as other exemptions on remuneration for salaried services. This makes Cyprus particularly attractive for global families, investors, and entrepreneurs seeking a tax-efficient base.

Corporate Relocation & Foreign Interest Companies

Cyprus provides a business-friendly framework for the relocation or establishment of companies. Businesses may form a new Cyprus entity, transfer an existing foreign company to Cyprus, or register a branch.

Internationally owned companies may also register as Foreign Interest Companies (FICs). This structure enables them to employ non-EU professionals through a streamlined work permit process, supporting their long-term operational presence in Cyprus. To qualify, companies must demonstrate genuine activity and physical presence in the country, ensuring that their operations meet substance requirements and benefit from Cyprus’s corporate and tax advantages.

Aligning Immigration & Tax Planning

Immigration status determines an individual’s right to reside or work in Cyprus, while tax residency determines where their global income is taxed. Aligning the two is essential: some residence permits fully support business activity and tax residency, while others carry limitations. Strategic planning ensures that residency, taxation, and corporate considerations work together to support long-term family and business goals.

Key benefits

Among others:

• Worldwide taxation based on residency
• Income and Capital gains derived from the sale of securities are fully exempt from taxation
• Dividend and interest income is exempt from tax for nondomiciled individuals
• First employment Income Tax exception
• Attractive and constantly expanding Double Tax Treaty network