Articles

A non-domicile person is someone who lives in a country but does not have the same domicile of origin as that country (e.g. A person born in Germany decides to live and work in Cyprus). This individual needs to plead several requirements in order to be considered as a non-domicile and be able to enjoy the benefits Cyprus can provide.

Details of a Cyprus insurance broker

An insurance broker is a Company who is acting on the best interest of the consumers and who is licensed to offer various insurance products and services by multiple insurance companies.  An insurance broker unlike an insurance agent, is not keen to represent one specific insurance company but rather assess the needs of the consumer and present to them the best product for their needs. The insurance broker has also the capacity to make comparisons between multiple insurance products and services across various insurance companies.

As a business owner, ensuring you have competent and reliable accountants is crucial for the smooth operation and financial health of your company. Today, we'll share some comprehensive tips to help you determine whether you have top-notch accountants or if it might be time to consider making a change.

In May 2021, our family embarked on a new chapter by relocating to Cyprus—a decision influenced by multiple factors including the desire for a fresh family experience, financial considerations, and a yearning for a slower pace of life. Given that both my partner Roman and I work remotely and hold a Portuguese passport, which I secured in April 2021, we had the flexibility to move to any country within Europe. Ultimately, we chose Cyprus.

Cyprus Insurance Brokers

As you all may know, an insurance broker is an individual or a company with the role of an intermediary who sells, solicits or negotiates insurance on behalf of a client for compensation.

For more information on the Insurance brokers licence and what process is followed to obtain it, read this article.