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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 iwcwatch.me

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%).