Hello how are you? My lifelong friend plans to move to Cyprus and he is currently investing, he is a professional investor, so the issue of money is not a problem, but the only drawback is that he has no idea how do to get a license so that he can make his investments legally without problems with the government there, if I remember correctly he earned a lot of money investing in Forex, does anyone know anything about this?
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Yes, obtaining a license to invest in Cyprus is an important step for professional investors. Cyprus is an attractive destination for many investors due to its tax incentives and favorable business climate. Depending on the nature of the investment activity, your friend may apply for other specialized licenses that grant the right to carry out certain types of investments.
Hello. here, of course, there is nothing to talk about if your friend has an authorized capital, then there will be no problems at all, especially since there are many other states besides Cyprus that offer tax benefits. You can see here about how to get a license and act within the law: https://www.fintecharbor.com/cyprus-forex-license/
Good day to all.
at the moment I don’t think that this is a big problem, I think that of course it’s better to look not through the Internet because there are a lot of announcements on this topic and it’s not clear who you can trust who doesn’t .. it’s better for you to be advised by a person who has already applied to one or another company and he already has experience..
Hello there! It's great to hear that your lifelong friend is considering moving to Cyprus and pursuing his passion for investment. Cyprus indeed offers a favorable environment for investors, and it's essential to ensure that all investments are made legally and in compliance with the government regulations. As a professional investor, your friend's experience in managing money will undoubtedly be an advantage. However, when it comes to investing in a new country like Cyprus, it's crucial to understand the local laws and obtain the necessary licenses to operate legally.