At the crossroads of 3 continents
Cyprus and its complete and sustainable recovery after the global financial crisis
Cyprus is a modern country with a strategic geographical position. It lies at the crossroads of three continents, Europe, Africa and Asia, and therefore offers unrivaled access and travel options. With its excellent flight connections and first-class airports, the island is perfectly placed for work and travel within and outside the European Union. Cyprus has a rich heritage and a varied culture, offers beautiful beaches with the cleanest bathing water in Europe, fresh air, a wonderful Mediterranean climate and cosmopolitan cities with an abundance of amenities. The island offers a low cost of living but a high standard of living and is a popular year-round destination for Europeans looking for a beach, golf or cultural holiday.
Cyprus has a modern free market with a service-based economy and is a favorite business destination because of the strong range of business and tax benefits that this island offers. Moreover, Cyprus is very safe and stable, making it an ideal location for families and students. Cyprus is recovering rapidly from the recent economic turmoil thanks to important activities in the shipping, tourism, financial and legal services sectors. Cyprus is an emerging regional energy hub, since the discovery of huge hydrocarbon reserves and therefore the island has experienced a sharp increase in foreign investment and real estate developments. Moreover, the residency and citizenship programs recently launched by the Cypriot government have proved very popular, creating strong demand in the real estate sector. In Cyprus, foreigners enjoy full property rights without having to pay inheritance tax.
The advantages of Cyprus at a glance
Full EU member since 2004
Excellent international education
Beautiful landscape and a very low crime
Strategic location offers easy access to Europe, Africa and Asia
An excellent climate all year round
No inheritance tax
Excellent healthcare system
Relatively low costs & high standard of living
English spoken a lot
Very clean air and the cleanest bathing water in Europe!
Efficient and transparent legal system
Cyprus allows double citizenship