Cyprus, Your Safe Port in the Mediterranean

By Christina Economou, Business Development Director | Trident Trust E: ceconomou@tridenttrust.com

Cyprus’s warm climate, high quality of life, good schools and housing stock, entrepreneurial environment and range of tax incentives have long made it a popular destination for business executives, entrepreneurs, remote workers, investors and retirees looking to relocate.

While every relocation has its complexities, people moving to Cyprus are pleasantly surprised by the ease of the process.

And since English is widely spoken on the island and used in every aspect of society, they do not have to break the language barrier.

The quality of education in Cyprus is high too. There are international and private schools which offer excellent education programmes, and the island has more than 10 universities, most of which have English-taught courses. As part of our relocation concierge service, we have helped our clients arrange meetings with local schools to find the best solution for each client’s children.

The advantages of living in Cyprus

The feedback we receive from the clients we have helped relocate to Cyprus is that they really enjoy living there.

As one of the world’s safest countries with a very low crime rate, it is an ideal place for families with young children.

In addition to that, our clients enjoy the many opportunities for an active outdoor lifestyle: stunning mountain hikes all year long, skiing in winter months in the Troodos Mountains, water sports and plenty of beautiful beaches to choose from for a lazy day out by the sea.

They also appreciate the high

In December, David met with Patrick Ryan & Sam Faulkner to find out more about SIRE Capital Partners, which is a new business that Patrick and Sam have just launched providing real assets brokerage and advisory services.

David had known Patrick for many years in the Real Estate sector. SIRE Capital Partners is an expansion and rebrand of SIRE Properties, a UK asset management and brokerage firm established in 2015.

Patrick and Sam are two likeable Kiwis seeking to make waves in the real estate advisory market. SIRE Capital Partners are poised to deliver solutions to developers, operators, and asset owners, who are seeking confidential and professional advice.

David Bell speaks with Patrick Ryan about the new business setup and some of the latest trends in the real estate sector:

David Bell speaks with Sam Faulkner about the capital advisory and brokerage industry and the important considerations that developers and asset owners should make when looking to secure new financing:

Our Dubai dinner has been popular over time and built out a base of supporters both in the UAE and those who look forward to travelling every November. Dubai is the key professional services hub for the Middle East region, so has international law firms, banks and trustees advising clients not only in the UAE but key wealth markets of Saudi Arabia, Qatar & Kuwait.

The Dubai International Finance Centre (DIFC) is experiencing strong growth at the moment with foreign firms relocating into the district to benefit from its credibility, expertise and reputation. There has been innovation in the legal system facilitating growth to make it easier for those moving to Dubai - residency options have become available allowing foreign workers to become more secure and established locally. Previously your residency sta- tus was contingent on employment and so retirement options were not available. There have also been updates to family & testamentary laws, that allow non Muslims to have ‘no fault’ divorces and register wills which creates legal certainty for the inheritance of an individual’s assets after death and the appointment of guardians for their children.

There have also been developments in wealth structuring options in the UAE with new foundation law, creating opportunities for advisors to administer local assets and create governance strategies for international investments in partnership with advisors in London, Channel Islands, Isle of Man, Switzerland or elsewhere.