Consulco, the investment manager with offices in London, Dubai, Moscow and Nicosia established its newest office in Limassol. The office is centrally located at  18 Evagora Papachristoforou Street, off Makarios Avenue near the town’s municipal park. The firm’s Limassol operations are managed by Christos Hadjisotiris and Evangelia Kapnistou, both Limassol bred professionals with considerable experience in the financial and investment sectors.   Marios Hadjiroussos, the Consulco’s CEO commented “Limassol is an important office location for Consulco as it enables the firm to…

CySEC has issued a Policy Statement (available here) relating to its decision to further amend Directive 87-04, in an effort to ensure the smooth transition of UK groups operating under the Temporary Permissions Regime (TPR), until they establish a physical presence in Cyprus. It should be noted that in December 2020, CySEC introduced a Temporary Permission Regime so that UK firms can continue to provide investment services without a physical presence in Cyprus, under the condition that they only offer…

Galaxia Estate Agencies based in Limassol, Cyprus is a leading real estate agency with a multi-dimensional real estate portfolio catering for the local and international market. Established in 1977, the company has a vast experience in the property market, offering an extensive list of commercial and residential real estate, for sale and for rent. We represent sellers, purchasers, and renters in Limassol and the wider city region, whether someone is looking for a dream home, a relocation package, a commercial deal…

Interview with Founder & CEO of Exness, Petr Valov.  On June 5th this summer, the G7 made the decision to support a global corporate minimum tax rate of 15%; a deal that was described as ‘historic’ and one aimed to make tech giants pay fair taxes. What is your view of this decision? Is it positive or negative for Cyprus? I think it was a decision that was expected and one that Cyprus cannot avoid, as doing so would result…