Author: Benjamin

Dentist treating patient in modern clinic in Cyprus – example of quality healthcare within the Gesy healthcare system.
Living and working in Cyprus

International health insurance for expats in Cyprus: A detailed guide

International health insurance is essential for anyone staying in Cyprus for an extended period or operating there as an entrepreneur. Although you can receive basic care through the public GESY system, many expats and entrepreneurs opt for private international insurance with worldwide coverage, access to private hospitals, and faster medical service. With international health insurance, you are insured not only in Cyprus but also during travel or temporary stays elsewhere. Especially for visa applications or long-term stays, this is the smartest choice for security, flexibility, and peace of mind.

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Newsletters

Newsletter May 2025

Smart investing, living, and doing business in Cyprus: all this month's updates at a glance. Welcome to the May edition of the Cyprus-Consult newsletter. This month, we bring you new legislation, real estate trends, economic figures, and insights on international tax law relevant to investors, buyers, and entrepreneurs in Cyprus. Real estate and

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Belgian accountant reads document on reporting requirements for foreign structures – a symbol of tax reporting and international tax rules.
Business and Tax

Why You Shouldn't Discuss Your Tax Optimization Plans With Your Local Accountant First

This text clarifies that—while accountants in Belgium and the Netherlands are required to report suspicious transactions—such a reporting obligation does not automatically apply to consultants or structures in Cyprus. Entrepreneurs operating through Cyprus are therefore not necessarily faced with an automatic reporting obligation for a Cypriot structure, provided everything is set up correctly and transparently. This shifts the focus from risk avoidance to proactive structuring: don't opt ​​for false security or fear, but for a solid, compliant setup that is both tax-efficient and legally sound.

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