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Elias Neocleous interview in Citywealth Magazine

Citywealth magazine, which provides finance news, features and information for the wealth management and private banking industries recently published an extensive article featuring Elias Neocleous, vice-chairman and advocate at our firm, regarding Cyprus’s economic recovery, focusing on high-net worth individuals. Elias pointed out that Cyprus is a long-established jurisdiction of preference for wealthy individuals from Russia and Central and Eastern Europe, and that these investors are continuing to prefer Cyprus despite recent turmoil and the Russian de-offshoring legislation. Elias also noted that investors from China are now increasingly using Cyprus structures, further enhancing Cyprus’s advantages as an international business centre, particularly as Cyprus’s recent initiatives on fiscal transparency have reinforced its international credibility. To view the full article please click below.