Eleni Drakou is a Cyprus lawyer and partner of Michael Kyprianou & Co. LLC, a leading law firm based in Cyprus. Michael Kyprianou & Co. LLC specializes in a variety of legal fields, including immigration law, immovable property law, international tax planning, banking and finance, dispute resolution, corporate and commercial. It has offices throughout Cyprus (Nicosia, Limassol, Paphos) as well as in Malta, Greece, Ukraine, the United Arab Emirates and United Kingdom.
Drakou, who has been with Michael Kyprianou & Co. LLC since 2013, focuses on immovable property law and assists international and local clients with real estate matters in Cyprus. She frequently represents clients in real estate agreements, transactions and joint ventures for the sale and construction of residential and commercial properties. She aids clients who are applying for Cypriot residency and citizenship, as well as on their estate planning, banking, taxation and corporate matters.
She is a member of the Investment Migration Council, the Cyprus Bar Association and a board member of STEP Cyprus (TEP).
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Tax benefits of purchasing residential real estate in Cyprus
By Eleni Drakou Cyprus real estate market is recording a significant increase in the number of sales of immovable properties and property prices. In October 2023, the Central Bank of Cyprus (CBC) reported a continued increase
Eleni Drakou
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CBI Industry: “Pandemic has actually triggered a spike in interest for investment migration”
Immigration attorney Esme Palas is a partner at one of the largest firms in Cyprus, Michael Kyprianou & Co. LLC. She assists investors who are seeking a better way of life and are considering Cyprus for
Eleni Drakou
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Changes for Cyprus Fast Track Residence Permit
The Cyprus Permanent Residence Permit, which is granted to non-EU nationals investing in the Republic of Cyprus was amended on March 24. The amended Residence Permit scheme continues to apply to the applicant, the spouse, the
Eleni Drakou
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How to meet the criteria for Cyprus’ Permanent Residence Permit
Global mobility has always been significant among individuals who are seeking for improved living conditions for themselves and their families. Residency rights enable citizens to transfer not only their place of residence but also to transfer or
Eleni Drakou
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How Cyprus Investment Program Got a Facelift This Year
The Cyprus Investment Program (CIP) has been revised several times since the date of its launch back in 2011. While going through several amendments, the program has gradually become more efficient and consequently more attractive to
Eleni Drakou