About Cyprus
The Perfect Destination to Live, Work, and Invest
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 offers political stability, a strong economy, modern infrastructure, and an exceptional quality of life as an EU member. Its well-regulated banking, legal, and accountancy sectors enhance its reputation as a top international business hub, making it the ideal destination for entrepreneurs and investors looking to establish a business in Cyprus.
Paphos
Nestled on the western coast of Cyprus, Paphos is a captivating blend of natural beauty, rich history, and modern sophistication. Whether you seek stunning coastal views, a vibrant cosmopolitan lifestyle, or a tranquil retreat, Paphos offers an unparalleled living experience.
From golden beaches and breathtaking landscapes to renowned archaeological sites and world-class leisure activities, this Mediterranean gem has something for everyone. With its mild climate, charming old town, and contemporary amenities, Paphos is the perfect place to call home.
Steeped in history, Paphos has been a cultural and historical center for over 2,300 years. Once the capital of Cyprus for six centuries, the city boasts UNESCO-listed heritage sites, ancient ruins, and landmarks that tell the story of its remarkable past. Recognized as the European Capital of Culture in 2017, Paphos continues to be a sought-after destination for those looking to invest in luxury real estate, beachfront properties, and exclusive developments.
Whether you’re searching for a permanent residence, a vacation home, or a lucrative investment opportunity, Paphos offers an exceptional lifestyle in one of the most desirable locations in the Mediterranean.
A Perfect Place to Live
Environment
- Crystal clear seas
- Blue Flag sandy beaches
- 300 to 340 sunny days a year
- Extensive forests with scenic nature trails
- Protected Natural Parks such as the Akamas
Culture & Heritage
- Exquisite cosmopolitan city
- European Capital of Culture 2017
- A wealth of historical and archaeological sites
- A UNESCO World Heritage Site
Safety & Living
- One of the safest countries in the world
- Low crime rate
- Safe and secure environment
- High standard of living
- Low cost of living
Accessibility
- Well-developed infrastructure
- Modern international airport
- Two international airports
- Left-hand-side driving
Education
- Excellent schools and universities
- High quality of education
Healthcare
- Excellent healthcare
- World-class healthcare
Tourism & Leisure
- Vibrant nightlife
- Gorgeous harbors attracting visitors all year round
- Cosmopolitan beach and mountain resorts
- A wealth of facilities and recreational activities
- International standard 18‑hole championship golf courses
- Tourist hotspot (Hosts some of the most luxurious hotels and resorts)
Economy & Business
- A thriving commercial center
- Internationally focused business community
- Promising economic prospects
- Multicultural, skilled workforce
- Stable financial system
Financial Benefits
- 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
- Low personal income tax