Cyprus ranks fourth worldwide for attracting millionaires

Cyprus has secured fourth place worldwide and top spot in Europe for attracting relocating wealthy investors, according to Henley & Partners’ report “Millionaires on the Move: Winners, Losers, and the Global Competition for Wealth in 2026”.

The report ranked Cyprus as Europe’s most structurally attractive destination, with a score of 73.5, giving the country the highest overall score for the long-term settlement of wealthy individuals and investors based on its structural characteristics.

The report attributed Cyprus’s success to a combination of flexible residency laws, a favourable tax regime, a business-friendly environment, a relatively straightforward settlement and company registration process, a stable legal system with strong property protection, a high quality of life and climate, good connectivity to Europe, the Middle East and Africa, and the security of full European Union membership.

The top ten destinations identified in the report were Singapore (79.5), New Zealand (75.8), the Cayman Islands (74.3), Cyprus (73.5), the Netherlands (72.8), Portugal (72.5), Italy (72.3), Bermuda (72.0), Hungary (71.8) and Latvia (71.7).

Source: //en.philenews.com

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Cyprus ranks fourth worldwide for attracting millionaires