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Zoeline Consultants merges with CHM Legal Consultants.

Dear Friends!

The companies Zoeline Consultants and CHM Lawyers-Legal Consultants have combined their efforts in the field of investment and legal consulting. The planned merger was completed in the end of April 2017.

The main goal of the unification is to strengthen its position in the professional market through mutual enrichment with accumulated experience.

Our clients will be able to evaluate an expanded set of services and solutions in the field of investment and banking consulting, legal services and services for obtaining Cypriot citizenship.

 

About Zoeline Consultants

Zoeline Group of companies has been engaged in international professional activity in the field of business consulting and investments, for corporate and private clients, for more than 14 years.

The company was established in 2003 for the purpose of servicing a number of trusted clients, specializing mainly in the administration of corporate structures, financial consulting and investment consulting in the US stock markets.

Since 2012, the search for fixed-income investments in the real sector has become one of the key activities of the company.

Today, we offer our clients unique knowledge and experience in the field of investment, asset management, support of mergers and acquisitions, as well as a wide range of investment products and services at the level of international standards.

About CHM Lawyers-Legal Consultants

CHM deals with questions related to citizenship, property rights in Cyprus, including cadastral procedures, property valuation, and all inheritance issues.

CHM render services in property acquisition, legal support of transactions, licensing, and also guarantee that all the documentation for real estate transactions is provided correctly and is confirmed by the authorities.

The company has successful experience in supporting the procedure for obtaining citizenship for investors in Cyprus. It also deals with matters related to naturalization and Permanent Residence in Cyprus.

Zoeline consultants merges with CHM legal consultants.

Dear Friends!

The companies Zoeline Consultants and CHM Lawyers-Legal Consultants have combined their efforts in the field of investment and legal consulting. The planned merger was completed in the end of April 2017.

The main goal of the unification is to strengthen its position in the professional market through mutual enrichment with accumulated experience.

Our clients will be able to evaluate an expanded set of services and solutions in the field of investment and banking consulting, legal services and services for obtaining Cypriot citizenship.

About Zoeline Consultants

Zoeline Group of companies has been engaged in international professional activity in the field of business consulting and investments, for corporate and private clients, for more than 14 years.

The company was established in 2003 for the purpose of servicing a number of trusted clients, specializing mainly in the administration of corporate structures, financial consulting and investment consulting in the US stock markets.

Since 2012, the search for fixed-income investments in the real sector has become one of the key activities of the company.

Today, we offer our clients unique knowledge and experience in the field of investment, asset management, support of mergers and acquisitions, as well as a wide range of investment products and services at the level of international standards.

About CHM Lawyers-Legal Consultants

CHM deals with questions related to citizenship, property rights in Cyprus, including cadastral procedures, property valuation, and all inheritance issues.

CHM render services in property acquisition, legal support of transactions, licensing, and also guarantee that all the documentation for real estate transactions is provided correctly and is confirmed by the authorities.

The company has successful experience in supporting the procedure for obtaining citizenship for investors in Cyprus. It also deals with matters related to naturalization and Permanent Residence in Cyprus.

 

Cyprus exports increased by 47% in 2017

Export of goods from Cyprus to the rest of the world increased by 47% percent since the same month of last year, totaling 0.2 billion euro.  Imports increased by 45%, forming a 20% increase from EU and 122% increase from the rest of the world.  Cyprus mostly exports citrus fruits, cement, potatoes, clothing and pharmaceuticals. Its largest and most important trading partner is European Union, which accounts for 50% of all Cypriot trade flows, it is followed by Middle East, which forms 20% of exports.

Project “Village for the Retired”

retirement-couple-beach

The concept includes creation of a chain of villages for people over 60 years old.

First step is to establish the village in Cyprus.

 

Advantages of implementation in Cyprus:

-Economic downturn in Cyprus, therefore cost reduction

-Ability to directly control the process

-Government involvement in the project, as it is a significant project for the island

-Good climatic conditions and habitual country for the British and Scandinavians

-Fast growing market where demand exceeds supply

-Absence of competition on the island

 

Following steps – creation of similar projects in other Mediterranean countries.

Creation of a network under a single brand name that, in future, will be able to attract the attention of large investment funds for the sale of the business.

The village is aimed at active people who need a little help today, but there is confidence that it will be possible to receive the necessary medical care or assistance when necessary. In addition, the village offers a vast range of activities and lessons for residents. There is a possibility of an increase in services with the development and identification of needs.

 

SWOT Analysis of the Project for the residents.

Positive aspects (internal environment)

  • -Profitable: competitive price, tax incentives (tax reductions for pensions from 20% to 5%), a weak euro, return of funds to the heirs when buying a leasehold property)
  • -Interesting: gerontology and innovation to prolong the active life, 20 clubs for 5 hours a day, necessity, protection from loneliness, a dog – man’s best friend, 15 minutes to the sea, guided tours, festivals
  • -Convenient: language and culture are familiar, everyday tasks – our concern, the entire infrastructure of 5 star level, diet food, swimming pool, fitness center, concierge, garden with flowers and “marijuana”, space for relatives.
  • -Secure: 24/7 medical care, the doctor available 2 times a week, the button in the room, a nurse on demand, scheduled and emergency hospitalization insurance, rehabilitation, housing for a dependent / dementia residents

Negative impact (internal environment)

Being far away from the family

Issues of moving

 

Positive aspects (external environment)

Unique climate

15 minutes to the city centre and medical institutions

Good air links between Cyprus and Britain

The uniqueness of the project – the attractiveness of the project for the Government

The decline of the economy – reducing the cost of the project

The weakening of the euro against the pound

The tax benefits for residents of the village (tax reduction for retirement from 20% to 5%)

Qualified medical system on the island

 

Negative impact (external environment)

Limited space and remoteness of the island from the mainland

The village plans to build 280 bungalows for double occupancy, of a maximum capacity of 560 people. Calculations are made for the average occupancy of 450 people. Construction of a separate building for more dependent residents is envisaged, with a capacity of 100 people. The total area is ​​22,000 square meters of residential development

Administrative building of 2500 sq. meters will be constructed, which will include a restaurant, rooms for club activities, a fitness center, a bar, a library, a medical room and administrative offices, a pharmacy, beauty salon, shops and stalls.

The annual fee includes accommodation, cleaning, laundry, 3 meals a day, a number of activities, and 24/7 concierge-assisted services. The annual payment will be made on the basis of 2500 euro / month – 3000euro / month, depending on the form of payment and a set of services. A detailed calculation is presented in the Business Plan.

Stages

  1. -Preparatory phase:
  2. -Conduct a series of meetings with the representatives of state structures for the presentation and discussion of the project
  3. -Research and identification with the target group
  4. -Participation in conferences aimed at this market segment
  5. -Preparation of a business plan
  6. -Selection of land

 

The duration of these works – 3 months. HELD

In the first stage, a number of lands were picked, corresponding to the requirements of the project.

Church of Cyprus and the State showed an interest in participating in promotion and support of this project.

A need for this type of project was revealed, as the island is home to a large number of Englishmen who are forced to leave the island, as they reach a certain age, due to lack of a sense of Security,  and in the case of health problems. The second reason forcing them to leave the island is the fragmentation of the community and lack of communication with their peers.

Based on the results of the first stage, the target audience has been expanded and an interest in such projects has been revealed not only from the retired people from the UK, but also from the Scandinavian countries (Sweden, Norway).

The overall Business Plan of the project was prepared, which must be adjusted to the selected investment plan.

 

  1. The Second stage:

 

  1. -The development of the architectural project
  2. -Obtaining the necessary permits and licenses
  3. -Purchase of land
  4. -The tender for construction work
  5. -Preparations for the beginning of construction work

Term of work 3-6 months

 

  1. The Third Stage

 

  1. -Construction
  2. -Facilities and equipment
  3. -Recruitment
  4. -Promotions
  5. -Launch of membership sales

18 months

The total project cost 37.5 million euros.

Time to launch the project –  2 years.

The planned return on investment:

* 10 years of property ownership and renting

* 3-5 years by sale of real estate.

* 5-7 years by partial sale of real estate

 

Average IRR (internal rate of return) for 7-10 years is 23-29%,  taking into account that funds will not be reinvested in other projects . Expected net return after tax is 7-15%, depending on the chosen strategy.

Possible investment schemes:

  1. -Control and possession of the project – a long-term investment in a transparent, growing business with a stable income. The average yield is 7.10% per annum from business ownership.
  2. -Control and ownership of the project. The ability to create a network. A further sale of ready business.
  3. -Control over possession and sale of shares of the project during the implementation phase of the project with a yield of about 10%. Attraction of investors under the program of citizenship for investment starting from 2.5 million euro.
  4. -Control and ownership of the business, and sale of real estate to the investors or residents, together with further management of the village. A shorter investment horizon, income comes from the sale of real estate and further control of the village.

article in Gold magazine

Land in Mesa Geitonia

The land is located in an elite area of Mesa Geitonia, Agios Athanasios. The area is situated on a hill with magnificent view on the sea and a panoramic view on Limassol.

This area has a developed infrastructure: it takes only 10 minutes to get to the sea by car, to get to the centre it also takes 10 minutes, there are supermarkets nearby, as well as restaurants, cafes, Luna-park, bowling, theater, and Grammar School (English standard) is within 5 minutes of walking. There are also several private kindergartens (English and Russian standard).

The plot is connected with roads; there is also water, electricity, sewage, fiber optic cable for high-speed internet, and telephone cable. There are 3 green zones provided for relaxation and 3 public parkings.

The plot presented, of a total area of 17, 144 m2, is divided into 14 residential plots that range from 569 m2 to 1,305 m2 for different targets and tastes of the client. All the plots are located in the zone of residential construction for the purpose of building private villas and apartment houses.

After the completion of construction, the unique location of each plot enables to preserve the view on the sea from each one of them.

Zoeline Consultants started to collaborate with CDB Bank.

Zoeline Consultants Ltd. started to collaborate with CDB Bank. The Cyprus Development Bank was founded back in the 1963, and today it is one of the leading financial institutions on the island. It provides a range of financial services and products to Cypriot and international clients.

Small in size by choice, big impact by achievement, CDB bank is valued for its highly competent and experienced human capital. Multi lingual employees, high-calibre professionals, are willing and able to understand each client’s particular needs.

Flexible, tailored solutions are the trademark of its personal approach.
CDB bank offers products at reasonable prices compared to the competition, given the relatively small size of the Bank and its lean structure. The Bank offers competitive interest rates for deposits in foreign currencies and provides banking facilities such as:

• corporate loans
• overdrafts
• equity funds
• deposits
• structured finance
• trade finance facilities
• local and international payments
• foreign currency trading
• risk management services
• private banking

cdbbank

Shipments – a promising sector

The increase in shipments of Cypriot companies by two percentage points over the next three years is an achievable goal, as suggested by the American billionaire Wilbur Ross.
Cyprus need to increase the share of the world fleet from 4% to 4.8% in order to increase the contribution of shipments in gross domestic product by about 9% from 7%. It is quite feasible for Cyprus, said the vice-chairman of the Bank of Cyprus Wilbur Ross, who pertains to business of shipping. Cyprus has structural and geographical advantages, “you just need to work more on promotion,” says Ross.

Revenue from ship management in the first half of 2015 rose to 464 million euros (421 million euros in the second half of 2014), equivalent to 5.4% of GDP, according to the Central Bank of Cyprus. Among companies managing ships on the island, such as Bernhard Schulte Shipmanagement Cyprus Ltd., Columbia Shipmanagement Ltd. and Interorient Navigation Co Ltd. Minister of Transport, Communications and Works of Cyprus Marios Demetriades said that the government plans to more actively develop the shipping business, in particular by strengthening the regional offices of shipping centers such as New York, Rotterdam and Piraeus, he said, as reported www.sigmalive.com

ship

We have been published.

In a monthly English magazine called Gold, that promotes international business in Cyprus and makes a review of economics and the market, an article was published that is dedicated to the group of companies Zoeline Consultants Ltd.
zoeline-page-001 (1)

http://www.imhbusiness.com/Business-Media/gold-magazine