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 | |
| 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 | |
| Trustee Fee/Annual Admin. | |
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