Recent content by Hydrox

Hey Tax Optimizers, I’ve followed through on my decision and relocated to Cyprus — got myself an apartment, set up a Cyprus Limited company, opened bank accounts, and I’m spending several months a year here. So far, everything’s going smoothly. Since accounting can be quite expensive, my plan...

I´ve done both. Found a really good lawyer who gives me a registered address for 250€ / year

My house is already full with some lovely cats unfortunately.

Use parents or friends address, or buy a flat literally anywhere where it doesnt trigger tax. Or use truelease and other services. Easy going mate

Hey, write me on discord about cyprus: Hykoks#1861

But how often do you get an audit in cyprus for your tax filings? From what i heard its very very unlikely. Only VAT authorities might come once in a while

Just as im moving there in 25 days, they increase the tax.. But i will be honest 2.5% wont hurt much, even if you were to deduct a bit "too much" from your business expenses to compensate for that, would you even ever get an audit there?

Tbh renting for a few hundred would be fine for me because when i first arrive there it would be a headache to visit used cars to buy. Just anything over 400/m is too much for some small used car. I still think you can negotiate because some appartments on bazaraki even say "negotiable", so i...

Whats up guys, I´m moving to CY in April and the expenses start to rack up. I will be there for 5-7 Months / year. On the Island its extremely important to have a car, which is why i am asking you people what your experience is, where you can get the best car for your money. I am interested in...

Hey man mind sharing your instagram / discord handle to talk about cyprus setup, since you said you´re there too?

Did you just apologize for replying 16 years later? lmao

Hey man someone said you're also relocating to cyprus, mind dropping me your discord handle to connect?

I´m 90% leaning towards paphos, since its much more green and has better beaches than larnaca. However villas only make sense if you can move in with someone else, so i need to connect with some people

Tax experts are always welcome, shoot me a DM if you´re able to do that

Tax things aside, I´m looking at the rental property market and 1-2 bedroom appartments are ridiculously high priced in cyprus right now compared to big villas with a pool. We´re talking 1000 - 1.300€ for a decent single appartment and 1.200€ - 1800€ for a great villa. I´ve made up my decision...