What can I prove source of funds for my Cyprus CBI application?

My parents are going to gift me stocks and I will be able to sell these stocks in advance of my application. I am unsure how I show the source of these funds and of the stocks themselves since they were purchased by my parents.

Answers

On April 01, 2020 Celia Pourgoura answered:

Inheritance is considered a legitimate form of evidence of source of funds. If you can prove the inheritance then there would be no problem.

On April 02, 2020 Chriso Savva answered:

You will need to provide the contract of sale of the shares so that you can justify the source of funds. Also, you will need to provide the previous share certificates as well as the current which will show that the shares were previously owned by your parents and presently by yourself.

On April 02, 2020 Yiannos Vasiliou answered:

You can provide the source of wealth of your parents, the ownership of the stocks under your parents' name and then transfer to your name. You will need also your birth certificate showing the details of your parents.

On April 02, 2020 Anthony Indianos answered:

Original receipts of contracts for purchase of stocks, donation of stocks and sales of stocks.

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