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Why Cyprus

INTERNATIONAL MEMBERSHIPS

  • European Union
  • Euro Zone
  • United Nations
  • Council of Europe
  • Commonwealth
  • World Bank
  • International Monetary Fund
  • European Commission
  • Committee on Security and Cooperation in Europe
  • World Trade Organization

BUSINESS CENTRE

  • Lowest Corporate tax (flat rate of 12.5%)
  • Business hub offering access to all markets
  • Business language is English
  • Foreign Direct Investment (FDI) ranking
  • Efficient & professional banking services.
  • Business opportunities (trade, shipping, energy, real estate, tourism)
  • Cyprus - EU: Main energy hub
  • English Legal System

QUALITY OF LIFE

 
  • Safe country
  • Excellent Life Style
  • High educational standards and many international schools
  • Life expectancy: 80-90
  • First Class health care
  • Genuine hospitality
  • Mediterranean cuisine
  • Passport Power Rank: 13th (by Passport Index)
  • Ranked as the 5th best relocation destination in the world (source: 2014 report by Knight Frank)

NATURAL BEAUTY

  • Beautiful coastlines
  • Crystal clear waters - the largest number of blue flag beaches per coastline in the World.
  • Cleanest sandy beaches in Europe
  • Island in the sun: Amazing weather with 340 days of sunshine
  • Cyprus is classified as the sunniest European location

EXCELLENT LOCATION

  • Strategic location- at the crossroads of Europe, Africa, and Asia
  • 3rd Largest Island in the Mediterranean
  • Convenient airline connections and excellent telecoms
  • Reputable International Shipping Center

CYPRUS ECONOMY & GROWTH

Steady Growth of Cyprus Economy started to be regained as from July 2015 after the worldwide economic crisis that started to hit Cyprus in 2011.

In 2016 its GDP rose to 2.7% and is expected to rise 3.4% mainly due to the increase of tourism (in 2016 3.1 million people and by the end of 2017 are expected to reach 4 million people, from the already recorded increase of 3.7 million end of July 2017), increasing from year to year and reaching 5 million people in 2020-2022 because of  the increase in construction (residential, commercial hotels) and sales of property and the expected operation of the Casino Resort in Lemesos, and its 4 Satellites in all Towns and free Famagusta District. Cyprus Economy has been upgraded by Rating Organisations reaching to 1 point lower to the Funding accreditation, expected soon to attain this. Also the main Banks’ ratings reached to a satisfactory level.

Based on Eurostat Statistics, Cyprus has had the highest growth of 32.5% in construction in the whole Eurozone during the 2nd quarter of 2017 (where elsewhere in EU the growth was between 3.7% to 4.4%).