Profel Ltd. is a legal and financial advisory firm specialising in the provision of services to international clients in the areas of legal advice, tax optimisation, and asset protection.

The Profel Ltd. team is based in Nicosia, Cyprus, and consists of UK and US trained solicitors and accountants, licensed to practise in their respective professions in Cyprus, the UK and the US.

If you are interested in purchasing property on the island of Cyprus, we can:

- Take care of all the legal procedures relating to your purchase.

- Arrange a valuation of the property you are interested in buying to ensure you’re purchasing at the right price.

- Help you obtain a mortgage from a local bank for up to 70% of the property’s value.

- Provide assistance with opening local bank accounts, obtaining credit cards, and so on.

Profel Ltd. can also assist in the tax optimisation of the property you are about to buy, to ensure that, when the time comes for you to sell your property, you can minimise the capital gains tax you have to pay. This service is applicable to the purchase of property, not only in Cyprus, but in any other country with which Cyprus has a double tax treaty agreement.

Profel Ltd. also offers trustee services as a way towards ensuring asset protection. Trusts have been used for centuries for a wide range of purposes, including estate planning and the tax-efficient holding of assets.

Examples of the possible benefits of trusts for private individuals and families include:

- Legitimate tax mitigation

- Deferral of taxation

- Protection of assets from appropriation in politically unstable countries

- Avoidance of forced heir-ship provisions

- Succession planning for family-owned companies

- Protection of assets from spendthrift family members

- Significant mitigation of probate complexities for international estates

- Consolidation of widely-dispersed assets

For more information on the trustee services we offer, and any of the other services we provide, please contact us and we will be happy to discuss the ways we can assist you.