Industry News

EU citizens can now bank from every member state without the need for address

EU citizens can now bank from every member state without the need for address

It has been accepted that from now on, a citizen of the European Union will be allowed to open a bank account in every one of the 27 member states without having to hold a permanent address in the country. A step further to a closer union and stronger single market, this directive was first introduced in 2014, and was implemented to the national legislations of the EU members on September 20th.

This decision adds another very significant benefit to the EU citizenship programs such as the one in Cyprus. A Cypriot citizen can now bank from 27 different countries and can chose the conditions that best suit their needs.


Balkans Drive New Relations with the EU

Balkans Drive New Relations with the EU

2018-05-23
2018-05-23

Balkans Drive New Relations with the EU

The EU-Western Balkans Summit takes a unified step towards increasing investor interest in the

Europe, Industry News
Cyprus enhances its Citizenship-by-Investment Program

Cyprus enhances its Citizenship-by-Investment Program

2018-02-28
2018-02-28

Cyprus enhances its Citizenship-by-Investment Program

Additional measures of due diligence applied to further boost investor interest February 28, 2018, Limassol,

Cyprus, Industry News
Cyprus Sees Strong GDP Growth

Cyprus Sees Strong GDP Growth

2017-05-20
2017-05-20

Cyprus Sees Strong GDP Growth

The Statistical Service of the Republic of Cyprus has released its flash GDP estimate

Cyprus
Italy to Offer Residency by Investment Program in 2017

Italy to Offer Residency by Investment Program in 2017

2017-03-05
2017-03-05

Italy to Offer Residency by Investment Program in 2017

Italy is set to commence a residency by investment program starting at the end

Europe