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About Cyprus
Island of beauty
Cyprus is politically stable and has a strong economy, a high standard of living, modern infrastructure and is a member of the EU. Highly regulated banking, legal and accountancy professions contribute to the country’s growing and international reputation as a business centre, perfect for anyone intending to set up a business in Cyprus.
The small yet important island of Cyprus, famed for its Mediterranean lifestyle and the warmth and hospitality of its people is an attractive location in which to live, work and invest. The island’s sophisticated lifestyle coupled with its exceptional infrastructure which supports business in Cyprus is a winning combination.
Widespread use of English Language
Promising economic prospects
Well‑developed infrastructure
Left hand-side driving
High standard of living
Lifestyle Benefits
Crystal clear seas
Blue Flag sandy beaches
One of the safest countries in the world
Cosmopolitan beach and mountain resorts
A wealth of facilities and recreational activities
Two international airports
Excellent healthcare
High quality of education
Low crime rate
Low cost of living
Economic Advantages
12.5% Corporate tax (Lowest corporate tax in the EU)
20% Capital gains
0% Property taxes
5% VAT for first property purchase
Non-domicile status
Tax Residency in 60 days
No inheritance tax
Stable financial system
Multicultural, skilled workforce
Low personal income tax
Cultural Gem
Exquisite cosmopolitan city
Crystal clear seas
Blue flag sandy beaches
Vibrant nightlife
Protected Natural Parkssuch as the Akamas(Home to many rare, endemic species of flora and fauna)
Gorgeous harbors attracting visitors all year round
Extensive forests with scenic nature trails
Safe and secure environment
Excellent facilities and diverse culinary experiences
A thriving commercial center
European Capital of Culture 2017
A wealth of historical and archaeological sites
World‑class healthcare
A UNESCO World Heritage Site
Excellent schools and universities
Tourist hotspot
(Hosts some of the most luxurious hotels and resorts)
Modern international airport
International standard 18‑hole championship golf courses
Internationally focused business community
300 to 340 sunny days a year
Paphos
A highly rated Destination
Beautiful countryside, a cosmopolitan resort, historic sites as well as sporting activities – the Paphos region has something for everyone at all times of the year. Whether you are a sunseeker or looking for a relaxing holiday with great scenery, there are so many reasons to visit this beautiful part of Cyprus.
The town of Paphos, located at the western end of the island, is considered the jewel of Cyprus. The mild climate, vibrant atmosphere, the variety seen in the landscape, and the historic sites that define the region, form the irresistible attraction of Paphos. The city of Paphos has a remarkable history which can be traced back 2300 years.
Throughout the centuries, the city has built a spectacular cultural heritage and has played a significant part in the development and history of Cyprus. In ancient times it was the capital of Cyprus for 600 years and its archaeological legacy is such that UNESCO has the whole town on its World Cultural Heritage list and, in recognition of this, Paphos was awarded the European Capital of Culture 2017.