Republic of Cyprus
LIVE CYPRUS
With history that dates back thousands of years, Cyprus is the largest and most cosmopolitan island in the Eastern Mediterranean. The Republic of Cyprus joined the European Union in 2004 and the Euro zone in 2008. Cyprus is connected with most European capitals on a daily basis by air, and residents enjoy one of the highest standards of living amongst European states in issues regarding crime rates, education, economy and lifestyle.
The fact that it is the birthplace of Aphrodite, the Greek goddess of Beauty and love herself, is no coincidence; the natural beauty is stunning. Being surrounded by a coastal lace with crystal clear waters, smooth sandy beaches, green valleys, picturesque mountain villages and with a warm Mediterranean climate with 330 days of sunshine, makes Cyprus a dream destination where visitors can enjoy swimming and water-sports throughout the year.
Cyprus was the meeting point of great civilizations due to its strategic location. In its 9,000 years of recorded history, the culture of the island has been shaped by its conquerors; Ancient Greek sanctuaries, Roman temples and medieval castles, reveal the rich history of the island. Ten of the numerous Byzantine frescoespainted churches have been inscribed on the UNESCO Heritage List, along with other archaeological monuments. All these influences blend harmonically with the modern, cosmopolitan Cyprus of today.
In Cyprus there is much to enjoy, see and do. It is a whole world condensed in a small area.
CHOOSE CYPRUS
The combination of business and leisure makes Cyprus an ideal place to live and invest. It is a place where you can set your own pace of living.
PHONG CÁCH SỐNG
Cyprus offers excellent medical healthcare; low air and noise pollution and is ranked one of the safest places to live in the world. The warm weather offers residents and visitors the opportunity to enjoy a variety of activities available on the island such as horse and bike riding; mountain climbing, swimming and sunbathing at one of the many blue flag beaches; sailing and nature exploring at one of Cyprus’ forest trails. During the winter months skiing and snowboarding is available on Troodos mountain.
With approximately 3 million tourists per year choosing Cyprus as their holiday destination; Republic of Cyprus is ranked 5th for its tourism infrastructure in the world. The Cypriots are unusually friendly and welcoming, so do not be surprised if they invite you at their home and treat you as one of the family. Taste the diverse and healthy Mediterranean cuisine that is bursting with flavour and dance at one of the numerous festivals that take place throughout the year.
The strategic location of the island is ideal for travelling to Europe, Asia – Gulf region and Africa. There are two international airports served by more than 70 airlines and two major ports which serve Cyprus’ merchant marine, the 3rd largest in the EU. Within Cyprus, all cities are connected via modern motorways making travel both safe and effortless. Advanced local and international communications are offered at competitive prices and high quality.
The legal system is a common law system, based on the UK standards and the Land Registry is one of the most advanced and reliable in the world.
Purchasers of property in Cyprus will therefore be far more secure, with regards to their property transactions and title deeds, than they might be in another country. In Cyprus, the holder of the title deed is the sole legal owner and freeholder of the property. The property can be transferred to 1st degree relatives with no taxation or inheritance tax.
Services & Business Ranked 3rd in EU in public expenditure on education as % of GDP, Cyprus has a high education index, and therefore, professional labour pool and high quality services, factors which have contributed in evolving Cyprus as an economic hub and a trade centre in the region.
Cyprus has the lowest corporate tax in Europe with 12.5% and no inheritance tax amongst its favorable provisions to businesses and entrepreneurs. Moreover, Cyprus has double taxation treaties with more than 40 countries including China, Russia, India, Ukraine, Egypt, USA, Canada, UK, Scandinavian countries, Qatar, Iran, Lebanon etc.
Established Communities Cyprus is popular for its respect towards all foreign cultures hosting a number of communities; the main ones being the English, the Russian, the German, the Armenian and the East Asian communities. Foreign schools and places of worship are available in most of these communities as well as 30 offshore banks. In Cyprus there are more than 50 embassies and consulates to which foreigners can refer for assistance.
Cyprus is becoming the new energy hub for Europe, with large quantities of hydrocarbons having been discovered off its shores which puts Cyprus into the property investors’ radar. A process already underway, international oil and gas companies have begun exploration for production and chose Cyprus as their base. It is forecasted that the oil and gas discoveries will double Cyprus’ GDP in the next decade.