
The Cyprus Tax System: Features, Pros, and Cons
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
Having received a second citizenship, many people have a question, how to use a new passport and how to cross the border with two passports?
When traveling with two passports, the following must be considered: • When entering a country, you must use the passport of the country whose citizenship you have. For example, if you have citizenship of Grenada and Russia, then you need to use a Grenada passport to enter Grenada, and a Russian passport to enter Russia. • When leaving and entering from any country, you must use the same passport. You cannot enter a country as a citizen of one country and leave it as a citizen of another state. However, this rule does not apply to cases of a change in migratory status, for example, from a tourist to a resident or citizen. • When buying a ticket, it is recommended to use the document that is most suitable for entering the country of destination. Check-in for a flight and passport control at the airport are independent of each other, so you can check-in for a flight with one passport, and go through passport control with another. • If you are traveling to other countries, we recommend using the passport that is more suitable for your particular situation and allows you to enter that country. With a Grenadian passport, you can visit 180+ countries without a visa, including the UK, the EU, China and most Commonwealth of Nations countries.
Example: if you are traveling to an EU country, you can use a passport to leave Russia and a Grenadian passport to enter the EU, as it allows visa-free entry. When traveling in Europe, it may be sufficient to use only a Grenadian passport and set aside the Russian one until you return to Russia.
For those planning to open a company or relocate to Cyprus, it is important to understand how the tax system works and what benefits it can provide.
In this article, we'll take a detailed look at what a green card is, the rights and responsibilities it provides, how to obtain one, and the pros and cons of permanent resident status.
BIG UAE Visa News! ICP introduces new visas for AI experts, entertainment, events, and cruise tourism. Updated rules for visiting family, business, and humanitarian cases.