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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.

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.

R

Widespread use of English Language



Promising economic prospects

(Discovery of offshore
gas deposits)



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)



0% Capital gains



0% Property taxes



5% VAT for first property purchase

h

Non-domicile status



Tax Residency in 60 days



No inheritance tax



Stable financial system



Multicultural, skilled workforce



Low personal income tax



Exquisite cosmopolitan city



Crystal clear seas



Blue flag sandy beaches



Vibrant nightlife



Protected Natural Parks
such 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

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.

FEATURED

Projects

Ref: 151

Gloria Residences

K
Paphos, Yeroskipou

Ref: 145

Ruby Residences

K
Paphos, Emba

Ref: 149

Silencia

K
Paphos, Tala
View All Projects
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
Chiou Street 7,
8027
Paphos
Get in touch

Contact info



info@medousadevelopers.com



+357 26 923561



Free Phone (CY) 8000 9944



+357 97 88 70 70

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