Cyprus is one of the best jurisdictions in Europe for wealthy foreigners. The government of the country banked on the attraction of wealthy private investors due to low taxes, the advantages of English legal system and the possibility of obtaining citizenship through investments. In order to receive Cyprus passport there is no need for permanent residence in the country, but it is necessary to invest 2 - 2.5 million euros in the economy of Cyprus (for example, in residential or commercial real estate). The period for issuing a passport, as a rule, does not exceed 6 months. New citizens of Cyprus receive all the benefits of EU citizens and can return the invested funds in 3 years after the naturalization. 

Our company provides services for the full support of passport receipt through investments in Cyprus. Our services include a thorough analysis of the Cyprus real estate market and the selection of investment opportunities (with due consideration of requirements and personal wishes of the future investor). It should be noted that the cooperation is carried out directly only with the leading property builders and developers in fully transparent conditions.  

The selection of objects is conducted based on their economic efficiency (the possibility of a successful sale in a minimum period of 3 years). In addition, we support not only the transaction of initial investment, but also the subsequent exit from the project (if it is required).

The presence of a licensed Cyprus company and its own office in Cyprus in our group allows us to quickly cooperate with developers and legal advisors, as well as agree on the best terms for our clients.

 

6

Andrey Narutskiy

Managing Partner

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Prior to the establishment of LEON Family Office, Andrey was a head Wealth Advisory services in PricewaterhouseCoopers. Before that, Andrey worked in such large international companies as Inchcape, The Coca-Cola Export Corporation, Ernst and Young. Andrey is universally recognized expert in the fields of international wealth structuring / personal holding mechanisms (trusts, private funds, private investment companies), estate and succession planning, personal financial planning, tax and legal support of private M&A transactions, immigration law, etc. Andrey graduated from the Moscow State Institute of International Relations (MSIIR) and holds LLM degree in European Union Law.

Andrey also subsequently received MBA degree from Fuqua School of Business, has TEP qualification and is a certified specialist in the field of trustsand estate planning (Society of Trust and Estate Practitioners).

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