About Cyprus
Cyprus
Cyprus is a beautiful destination that stands out for its natural landscape, an eclectic cultural history, 330 days of sunshine per year, world-class gastronomy, warm hospitality, and high-quality lifestyle. More than this, Cyprus is also a strategic geographical hub for investment opportunities, growth capital and funding. The country provides easy access to European, Asian, and African markets, offering investors a way to take advantage of Cyprus’ location to expand their global reach.
Strategic incentives for global investors
The Cyprus government remains focused on attracting foreign direct investment through a robust regulatory and legislative framework, a favourable economic and business environment, highly evolved ICT infrastructure, and other key incentives. Notably, Cyprus’ strategic tax system is particularly appealing to investors, offering several benefits for both companies and individuals. The country features one of the EU’s lowest corporate tax rates, currently at 12.5%, appealing to international corporations looking to minimise their tax burdens. Additionally, Cyprus maintains double taxation agreements with more than 60 countries, offering extra incentives for global investors.
Real estate | Property development
Interest in real estate continues to rise among both local and foreign buyers. The property market in Cyprus presents a variety of opportunities, including residential homes, apartments, commercial spaces, and mixed-use developments. With its competitive pricing relative to other European locations and leading property developers, Cyprus is becoming a popular choice for those looking to buy homes or invest in properties with the potential for high returns. Complementing this is a beneficial Permanent Residency by Investment program, appealing to those seeking both financial gains and the opportunity to reside in a vibrant, strategically located country.
SAFETY
Cyprus is considered one of the safest countries to live in with a low crime rate compared to other European countries.
WEATHER
Cyprus enjoys a Mediterranean climate with hot, dry summers and mild, wet winters, making it a year-round destination for visitors.
HEALTHCARE
Healthcare in Cyprus is highly regarded, comprising public hospitals and private cutting-edge medical facilities that provide comprehensive and affordable care.
EDUCATION
Cyprus offers a diverse and well-structured education system through a range of public and private institutions, from primary through to higher education, with an increasing focus on international standards. For those looking to pursue their education overseas, there are schools that follow the British Education System and prepare students for admission to universities in Europe, the United Kingdom, or the United States.
TECHNOLOGY
Cyprus’ ICT sector is one of the fastest growing industries in the country, driven by significant investments in technology infrastructure and a growing talent pool. The sector has maintained an average growth rate of 15% over the last 10 years, exceeding all other sectors in the economy.
HOSPITALITY
Cypriots are known for their warm and welcoming nature, allowing newcomers to quickly assimilate and enjoy the relaxed way of life. While Greek is the local language, English is widely spoken, facilitating easy communication.
ACTIVITIES
There is something for everyone to do and enjoy in Cyprus. The island offers an abundant variety of activities ranging from visits to archaeological landmarks and museums, theatrical productions, art galleries, festivals, concerts, and more. For the sporting enthusiast or adrenaline junkie, there is hiking, cycling, water sports, windsurfing, horse riding, boating, golfing, etc. The island is also renowned for its exciting nightlife, cafes, bars, and exceptional restaurants.