Cyprus
Cyprus is an Island Republic in the Eastern Mediterranean, located at the crossroads of three continents, Europe, Africa and Asia. It has been a member of the European Union since 2004, a member of the Eurozone since 2008 and part of the British Commonwealth. Its legal system is based on British common law, aligned with the EU Laws and Regulations.
Cyprus presents a highly qualified and multilingual workforce, modern telecommunication system, two International airports, two ports and a well-constructed highway network.It is a relatively low operating cost country, while offering top quality services. Its economy is based on financial and legal services, on tourism with over 3 million tourists visiting the island every year, as well as on shipping. In fact, Cyprus is the second ship management centre in the world with the third largest merchant fleet globally. Recently, significant reserves of natural gas and oil have been discovered in Cyprus' offshore economic zone which will start generating the first income in 2019.
All these factors have come to contribute to the major boost of the real estate sector on the island. The high flow of foreign investors, seeking to
buy property in Cyprus, as well as the various international companies that move their headquarters to the island in order to benefit from the appealing tax regime has raised the demand for real estate, creating a huge opportunity for those who seek to invest.
Why choose Cyprus
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Strategic location
Cyprus is at the crossroads of three continents, Europe, Africa and Asia
Taxation
Lowest corporation tax rate in Europe (12.5%)
No inheritance tax
Double tax agreements with more than 48 countries
EU & Eurozone
Cyprus is a member of the EU since May 2004 and a member of the economic and monetary union since Jan 2008
Legal Framework
Based on the UK Common Law Aligned with the EU laws and regulations
Highly qualified and multilingual force
Cyprus has one of the highest percentages of University graduates in the world.
Well-developed Infrastructure
Robust telecommunication system, two international airports, two ports and a well constructed roadwork.
Art and Culture
Cyprus is a country rich in antiquities, history and art stretching back to 10,000 years.
Quality of life
Cyprus offers a safe, clean and healthy environment with high living standards.
Economic Prospects
Shipping, Tourism, Professional services, Energy (oil & gas, renewable energy), Banking and financial services, Education.
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