Overseas property of Russian citizens: How is it inherited? 06/10/2019Premiere Magazine Wealthy Russians generally do not think about succession planning or tend to put the matter on the back burner. However, when a family situation is complicated (e.g. with children of different marriages), or in cases where the estate includes various properties from around the…
Superyacht Risk whilst under Repair, Refit or Rebuild 06/10/2019Premiere Magazine Congratulations! You’ve spent a day or two at the Monaco Yacht Show and succumbed to your first superyacht, possibly upgraded your current yacht or bought another to keep in a different hemisphere…. Now, to make your mark on the vessel with your own irreprehensible style!…
Actions speak louder than words…DO they? 06/10/2019Premiere Magazine While recently attending a business conference overseas, one of the speakers made reference to ‘tax havens’, and among the jurisdictions mentioned was Cyprus. I, naturally, considered it my duty to set the record straight. Right after the presentation, I approached the speaker (let’s call him Mr. Martin,…
Investment IN ART 06/10/2019Premiere Magazine INVESTMENT IN ART Based on materials from RB.RU Investments in art can compete in popularity with investments in stock markets and be perceived as a full-fledged alternative tool for making a profit. When the economy is in recession, investments in securities and precious metals become high-risk, but investments in art…
Protecting Your Assets: “Trust” the Process 06/10/2019Premiere Magazine In an ever-growing world of uncertainty and litigation, everyone is looking for ways to legally protect their assets. A popular method is devising an Asset Protection Trust (‘APT’). There are many advantages to using APTs, which include shielding assets from litigation from future creditors and even providing…
Proptech A new global trend: What is it and why invest in it? 06/10/2019Premiere Magazine Digital technologies are steadily penetrating into all spheres of our life, and they have not bypassed the real estate market. Digital projects, such as smart homes and cities, digital agencies and automated development, are referred to by the collective term…
Sergey Stopnevich: “Handling finances. This is what we can do best” 06/10/2019Premiere Magazine The WWG (Wise Wolves Group) has appeared on the Cyprus market quite recently, but already managed to declare itself in the world of finance, high technology, as well as corporate and private services. Sergey Stopnevich, the company co-founder and its Managing Director,…
Yiannis Misirlis. The Icon of Business. From Local Entrepreneur to Global Real Estate Developer 06/10/2019Premiere Magazine Yiannis Misirlis is a founding Director of the Imperio Group, one of Cyprus’ renowned luxury property developers. As an entrepreneur, he is heavily involved with many organisations, such as the Land and Building Developers Association of Cyprus (LBDA), where…