Family Office

Cyprus is an ideal place for people relocating to the country whether for business purposes (setting-up a business or as an employee), for retirement or indeed for any other reason to bring their family along. It offers, among many other advantages, the following:

• Peaceful society with low crime rates
• Low pollution as there is no heavy industry and the island is not densely populated
• Fantastic weather
• Very rich Mediterranean-style cuisine
• Public and private schools and universities of very high standards
• Very good work-life balance aided by short distance travelling free from congestion
• English language is widely spoken
• Excellent social life with lots of sport and recreational venues and facilities and stunning beaches
• Low cost of living

For those families with extensive and often disparate business and personal interests, which are looking for a bespoke, personal, professional service, the Family Office facility takes over considerable time and concern involved in dealing with the family affairs so that the key figures can focus on value-generating activities. Our involvement assists in doing this without the cost and hassle of establishing, staffing and running an own family office*. Among the main services offered are the following:

Financial Affairs Management

• Investment manager procurement

• Co-ordination of financial and succession planning

• Asset protection support

• Investment management coordination

Estate Planning and Administration

• Arranging for creation of testaments and wills

• Retirement planning

• Assisting with executorships
• Real Estate
  • Real Estate advisory
  • Bespoke property search
  • Support with sale of real estate
  • Property management (payment of common expenses, maintenance, security, insurance, etc.)
•  Other Assets
  • Support with acquisition of passion assets, such as yachts, aircrafts, classic cars, horses, works of art etc.
  • Providing digital images and condition reports
  • Arranging insurance covers
  • Organising maintenance and storage

Family/General Support

• Payment of monthly bills

• Arranging travel and personal security

• Looking after children’s schooling

• Arranging education and training for next generation on issues such as wealth management, risk management, personal security, etc.

• Recruitment and HR services for domestic staff (nannies, chefs, housemates, gardeners, etc.)

• Organising private events (weddings, parties, receptions, etc.)

• Concierge Services

• Sourcing, evaluating and following philanthropic activities

• Secure physical safekeeping of documents

• Relocation services

Furthermore, we provide a wide range of corporate, compliance and administrative services, such as the following:

• Corporate and Trustee
• Accounting, Payroll and Tax
• Banking Administration

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