Private Wealth Law

Elias Neocleous & Co LLC clients benefit from a dedicated private wealth team to navigate Cyprus’ international trust legislation and non-domiciled regime which under certain conditions gives tax exemptions on key types of investment income such as dividends, interest, and royalties.

Guided by experienced partners Elias Neocleous and Kyriacos Xenophontos, and Senior Legal Counsel Michael Pelosi, the team serves the needs of HNWIs, UHNWI’s, and their home country advisors. This includes strategic advice on trust establishment, wills, probate, tax planning, wealth management, asset structuring, family office creation, and wealth extraction from family businesses. The firm ensures legal compliance and optimised financial strategies, including cross-border transactions involving corporate and commercial law, to preserve wealth effectively. Whether guiding clients through estate planning or advising on tax obligations, it provides tailored solutions for their specific needs. Additionally, clients may also access the firm’s affiliated trust company service.

The firm’s award-winning tax team also advises on a range of related matters including individual tax advisory and compliance, individual tax domicile and residency issues, tax efficient schemes and incentives for HNWIs (e.g. yacht & aircraft leasing schemes and the use of trusts), obtaining advanced tax rulings from the Cyprus tax authorities, and exemptions and incentives available for individuals relocating to Cyprus.