We advise clients on the benefits of establishing a Cyprus International Trust (CIT) for charitable or wealth preservation purposes.  As professional trustees with years of experience in the administration of trusts we can provide a CIT structure which includes corporate entities as investment vehicles on a bespoke basis, to achieve:

  • Asset protection, against any future claims arising from bankruptcy or liquidation of the Settlor
  • Succession planning, to avoid forced heirship rules
  • Investment opportunities, given the wide-ranging investment powers of trustees
  • Tax efficiency, as CITs are not subject to any Cyprus tax provided that the beneficiaries are not resident in Cyprus and the CIT does not dispose of any immoveable property in Cyprus
  • Exclusive jurisdiction of the Cyprus courts, so that any foreign judgement is not enforceable in Cyprus

 

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