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Yep. I've a longterm "internet friend" and Cyprus resident/native who has been grumbling about this for two decades now, his principal complaint is the sheer n
by defrost 2y ago
Yep.
I've a longterm "internet friend" and Cyprus resident/native who has been grumbling about this for two decades now, his principal complaint is the sheer number of Russians back dooring their way into becoming an EU company via Cyprus and screwing up the cost of living, housing, etc for the locals who suffer from the pressure of rich transients who do little for the community.
A common enough templte compliant the world over, but it has grounds.
He'll also admit it's not just the Russians but many others also.
- JumpCrisscross 2y ago> He'll also admit it's not just the Russians but many others also Limassol is friendly to Russians. If you're American, the go-to is Ireland, though Luxembourg is trying to eat their lunch. (If you're Chinese, Hungary and Poland.)
- defrost 2y agoIn short, there are significant business opportunities for EU citizens willing to front an EU company for other non EU parties.
- JumpCrisscross 2y ago> significant business opportunities for EU citizens willing to front an EU company for other non EU parties I'm describing plain-vanilla incorporation or the buying of an incorporated business. No fronting.
- nradov 2y agoAs a bloc, the EU should be encouraging Russians to move assets out of Russia because this reduces the tax base for the Putin regime. Do everything possible to destroy the Russian economy. Of course, this can have disruptive effects in some local areas like Cyprus.