Business

Editorial Team30/06/2025
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6min

As the global population of High Net Worth Individuals (HNWIs) continues to expand, the search for jurisdictions that offer more than just sunshine and sea is intensifying. Today’s investors are strategic, forward-thinking, and keen to align their lifestyle with financial efficiency and access to innovation. Two countries rising to meet this demand are Cyprus and Greece, nations that blend favourable tax frameworks with ambitious digital development plans.

Leading this conversation is Yiannos Trisokkas, CEO of Velment and a seasoned expert in migration advisory. Velment specialises in guiding HNWIs through real estate investment and relocation strategies, with a focus on markets that offer not just capital security but long-term growth potential.

Why Cyprus and Greece Are on the Radar

The appeal of these Mediterranean destinations has shifted significantly in recent years. While lifestyle and residency programs remain strong drivers, the conversation is now also about structured tax advantages and the prospect of being part of dynamic, tech-oriented economies.

For those relocating to Cyprus, the country offers one of the most competitive personal and corporate tax environments in Europe. Individuals who attain non-dom tax status can benefit from exemptions on dividend and interest income, while business owners enjoy a low corporate tax rate of 12.5%. Retirees can take advantage of flat taxation on pensions and enjoy a broad array of deductions.

Greece, too, has introduced significant reforms aimed at attracting HNWIs. The country’s non-dom regime allows qualified individuals to shift their tax residency to Greece and pay a capped amount on foreign income. Coupled with the Golden Visa program, where an investment in real estate unlocks residency and Schengen access, Greece continues to climb the ranks of Europe’s most attractive destinations for global investors.

 

According to Yiannos Trisokkas, what sets these countries apart is their commitment to clarity and long-term policy stability: “I’ve said it before and I will say it again: Cyprus is the place to be! Stability, a predictable business environment, a strong workforce, targeted government policies and a strategic location are just a few of the driving forces captivating the attention of individuals and businesses alike. Relocating to Cyprus has never looked so desirable. Our real estate and legal teams here at Velment are ready to engage and support you in your efforts of relocation and migration to this flourishing paradisiac country.”

A New Layer: Innovation and Technology

Beyond the numbers, Cyprus and Greece are becoming increasingly recognised for their growing role in Europe’s digital transformation. Major developments in IT infrastructure and the growth of innovation hubs are attracting attention not just from institutional investors but also from entrepreneurs and professionals in finance and tech sectors.

Velment’s CEO sees this as a natural evolution: “Greece ideally combines its strategic location, tax and program incentives together with its growing tech ecosystem (following the upcoming developments in the Microsoft Data Centre investment), to facilitate wealthy individuals in diversifying into technology and innovation. The strong growth in both Greece’s and Cyprus’ luxury, high-end developments perfectly satisfies the surging demand of elegant designs in a stunning Mediterranean lifestyle.”

From waterfront villas in Limassol to modern residences in Athens and the Athenian Riviera, both countries offer a curated selection of properties that meet the expectations of global investors. Velment focuses on identifying prime real estate with enduring value—properties that deliver lifestyle appeal while aligning with long-term investment goals.

This fusion of intelligent tax strategy and emerging innovation hubs has positioned Greece and Cyprus not just as desirable places to live, but as smart jurisdictions for future-facing investment.

The Velment Advantage

Velment’s strength lies in understanding the dual priorities of its clients: financial optimisation and lifestyle alignment. The firm’s approach integrates real estate advisory, legal support, and personal relocation services, enabling clients to make informed decisions with confidence.

As global uncertainty continues to reshape the way investors plan for the future, jurisdictions like Cyprus and Greece stand out for their stability, opportunity, and strategic foresight. And with guidance from specialists like Yiannos Trisokkas and the Velment team, these opportunities become accessible, actionable, and aligned with long-term success.


Editorial Team04/04/2025
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4min

As global markets become more complex and unpredictable, High-Net-Worth Individuals (HNWIs) are increasingly turning to real estate not just as a safe investment but as a vehicle for generational wealth. Real estate is no longer viewed merely as a luxury asset, but as a long-term legacy that holds both financial and emotional value for families.

The Enduring Appeal of Real Estate

Unlike stocks, digital assets, or even fine art, prime real estate offers a unique combination of tangible permanence and appreciation potential. Its value is rooted in location, usability, and scarcity, especially in high-demand areas. These qualities make it especially appealing to HNWIs who are focused on wealth preservation across generations.

From historic estates in Europe to beachfront homes in global cities, legacy properties provide not only shelter and prestige but also long-term stability and the opportunity to pass something meaningful to future generations. Real estate continues to serve as both a store of wealth and a family anchor.

Why HNWIs Are Choosing Real Estate for Legacy Planning

The reasons behind the growing interest in legacy real estate include:

  • Consistent long-term appreciation in value

  • Income potential through luxury rentals or hospitality ventures

  • Tangible assets that can be passed on or co-owned

  • Customizable structures for inheritance and succession planning

  • Opportunities for family engagement in property management or philanthropy

These properties often become more than investments. They are living spaces where families gather, milestones are celebrated, and history is made.

Structuring for Future Generations

To ensure smooth transitions, many HNWI families are involving legal, tax, and estate planning experts to create appropriate structures around property ownership. Trusts, family offices, and holding companies are increasingly used to formalize how real estate assets are managed, maintained, and passed on.

Younger generations are also being brought into decision-making processes earlier. From learning about property management and financing to understanding land value and restoration, this proactive approach helps build knowledge and preserve the family vision.

Looking Ahead

Real estate is proving to be one of the most reliable and emotionally resonant assets for HNWIs who wish to leave a lasting mark. As uncertainty persists in global markets, legacy properties are not only providing financial security, but also becoming a powerful means of storytelling, identity, and continuity for generations to come.


Editorial Team16/10/2024
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5min

In the stunning surroundings of Cape Agios Georgios in Paphos, Cap St. Georges Hotel & Resort hosted an important international event on October 16-17, 2024. The Annual Contact Committee Meeting of the European Union Supreme Audit Institutions (SAIs) brought together top officials from across Europe to discuss pressing migration issues, highlighting the significance of this gathering and the resort’s ability to host key global events.

Cap St. Georges: A Premier Venue for High-Level Discussions

While Cap St. Georges Hotel & Resort is known for its luxury, it also serves as an ideal venue for critical international meetings. George Ioannou, CEO of Korantina Homes, expressed his pride in hosting the event, emphasizing how the resort provides a perfect environment for impactful discussions that can influence important policies.

“We are proud to have hosted this key event, providing a space where important conversations can take place,” said Ioannou.

Day One: High-Level Migration Discussions

The first day of the meeting, held on October 16, 2024, focused on the challenges and reforms needed in European migration policy. The attendees included senior officials such as the Director of International and Horizontal Affairs from the European Commission, and the Deputy Minister of Migration and International Protection of Cyprus. High-ranking representatives from international organizations, including the Head of the UN Refugee Agency’s Liaison Office to the EU Agency for Asylum and the Director for the EU Subregion of the International Organisation for Migration, also took part in the discussions.

These influential leaders tackled the ongoing challenges facing EU member states, particularly Cyprus, which bears the brunt of migration pressures as a frontline country. They explored how policies could be reformed to address these issues more effectively, with an emphasis on the humanitarian aspects of migration as guided by international conventions and the UN’s 2030 Agenda for Sustainable Development.

Day Two: Practical Solutions for Managing Migration

On October 17, 2024, the second day of the event, the discussions shifted towards the role of Supreme Audit Institutions in managing migration issues. High-level auditors and national audit office heads from across Europe examined how migration challenges could be integrated into the audit process to ensure more transparent and effective management.

The working groups focused on key areas such as improving cooperation between EU institutions and national governments and how migration could be seen as an opportunity, particularly in filling gaps in labor markets across Europe. These discussions provided practical solutions for better migration management and aimed to guide future policies at both national and EU levels.

A Future of Global Collaboration

The Annual Contact Committee Meeting, held at Cap St. Georges Hotel & Resort in October 2024, was a significant event that brought together top European officials and experts to discuss the future of migration policies. Under George Ioannou’s leadership, Cap St. Georges Hotel & Resort continues to attract major international events, offering a space where critical conversations take place.

This event underscored the importance of collaboration in tackling migration issues and solidified Cap St. Georges’ reputation as a prime venue for high-level international gatherings that shape the future of Europe.



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