ABOUT CYPRUS

Cyprus is a modern country that enjoys a strategic geographical position. It lies at the crossroads of three continents, Europe, Africa and Asia, thus provides unrivalled access and travel opportunities. With its excellent flight connections and firstclass airports, the island is perfectly placed for working and travelling within and beyond the European Union. Cyprus has a rich heritage and diverse culture, beautiful beaches with the cleanest bathing waters in Europe, fresh air, a wonderful Mediterranean climate and cosmopolitan cities with an abundance of amenities. The island offers a low cost but high standard of living and is a very popular year round destination for Europeans seeking a coastal or golf holiday.

Cyprus has a modern, free-market, service based economy and is a favoured business destination due to its strong set of business and taxation advantages. Additionally, the island is very safe and stable making it an ideal location for families and students. Cyprus is rapidly recovering from recent economic turmoil thanks to significant activities in the shipping, tourism, financial & legal services sectors. Cyprus is an emerging regional energy hub, since the discovery of huge hydrocarbon reserves in its Exclusive Economic zone the island has seen a surge in foreign investment and development. Additionally, Cyprus’ recently launched residency and citizenship programmes have proved highly popular, creating strong demand in the property sector. Cyprus enjoys world-class property rights and solid investment, trade, labour, business and financial freedom.

Full EU member since 2004

Excellent British education

Beautiful scenery & very low crime rate

Strategic location enables easy access to Europe, Africa & Asia

Excellent year-round climate

Advanced infrastructure

No inheritance tax

Excellent health care system

Relatively low cost & high standard of living

English widely spoken

Very clean air & the cleanest bathing waters in Europe!

Efficient & transparent British based legal system

Cyprus allows dual citizenship

Euro currency

One may easily identify many positive factors in support of investing in Cyprus. The weather is beautiful, with lots of sunshine for the majority of the year. The cost of living is relatively low, as is the taxation rate in comparison to other EU member states. Although Greek is the official language English is the widely spoken in Cyprus. The people are friendly and accommodating and life is laid-back and relaxing. For most people looking to purchase property or live here, the financial and legal aspects of Cyprus law are similar to that of the United Kingdom.



Cyprus has a modern, free-market, service based economy and is a favoured business destination due to its strong set of business and taxation advantages. Additionally, the island is very safe and stable making it an ideal location for families and students. Cyprus is rapidly recovering from recent economic turmoil thanks to significant activities in the shipping, tourism, financial & legal services sectors. Cyprus is an emerging regional energy hub, since the discovery of huge hydrocarbon reserves in its Exclusive Economic zone the island has seen a surge in foreign investment and development. Additionally, Cyprus’ recently launched residency and citizenship programmes have proved highly popular, creating strong demand in the property sector. Cyprus enjoys world-class property rights and solid investment, trade, labour, business and financial freedom.

Cyprus became an EU member on 01.04.2004

Modern banking sector with property lending facilities

Freehold property with full ownership

Legal system based on English common law

Adopted the Euro in 2008

Low prices compared to other common ‘sun’ destinations

Low cost of living, and low crime rates (Mercer index)

Low taxation, one of lowest in EU (from Forbes index)

Large infrastructure development - Golf Courses and Marinas UNESCO world Heritage sites