Cyprus.

General
Legal Framework	English Common Law
Official Language	Greek & Turkish
Official Currency	Cyprus Pound
Confidentiality	Yes
Rule Against Perpetuities	Yes
Creditor Concerns
Permit Confiscation of Property	No
Protection from Forced Heirship	Yes
Enforcement  of Foreign Judgment	Yes
Recognize Trust Protector	Yes
Economic/Political
Business Infrastructure	Very Good
Economic Stability	Very Good
Exchange Controls	None
Political Stability	Questionable
Taxes
Taxes	None
Tax Treaties	Yes
Prospects for Future Taxation	None
Approximate Costs
Formation Fee	Contact Us
Acceptance Fee	U.S. $1,000
Trustee Fee/Annual Admin.	U.S. $1,500
Creditor Protection Trust (CPT)
Voidable by Creditors (Statute of Elizabeth)	No
Revocable	No
Absolute Discretion in Trustee Over Assets and Distributions	Yes
Loss of Beneficial Interest When Levied Upon by Creditors	Yes
Statute of Limitations during which Creditors can bring suit	2 Years
Approximate CPT Costs
Formation Fee	U.S. $7,500
Acceptance Fee	Contact Us
Trustee Fee/Annual Admin.	Contact Us

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