With 340 days of sunshine during the year it is a land you can enjoy all year round. With a total area of 9251 km2 and total population of 790 thousand, Cyprus is the third largest island in the Mediterranean.
Apart from its famous and magnificent beaches Cyprus is an ancient land also famous for its archaeological sites and rich history.
Lying at the crossroads of three continents, it has an amusing but yet deceiving mixture of east and west culture that combines ideally the wild scenery of boasting mountain peaks and deserted beaches with cosmopolitan city life and unique Mediterranean life style.
It is a sport enthusiast’s delight offering alpine sports during the winter months and aquatic sports all year-round. In fact, the area offers sporting temptations for practically every interest, from golf, deep-sea fishing and horse riding to hiking.
Cyprus as an EU Member
An EU member state since May 2004, Cyprus is one of the most progressive and efficient business locations in Europe.
Due to its strategic location, state-of-the-art telecommunications infrastructure, highly skilled human capital and favorable tax system it is ranged amongst the most appealing locations for retirement as well as one of the most attractive locations for investment mainly due to the fact that property prices are very low compared to other EU member countries.
Energy: Oil & Gas
The development of the oil & gas sector in Cyprus continues. The recent discovery of hydrocarbons within Cyprus’s Exclusive Economic Zone has attracted a lot of attention internationally and has created a lot of optimism about the future of the island.
The Government is continuing its discussions and negotiations concerning the infrastructure required for landing the gas in Cyprus and liquefaction for export, while exploring all the alternatives for Cyprus gas exports, through collaboration with other countries in the Eastern Mediterranean.
Cyprus as a Business Center
Cyprus enjoys a practical location benefiting from a wide network of air-routes around the world through the two International airports of Larnaca and Paphos, from both scheduled and low-cost airlines that connect it with Europe, Africa and Asia.
This combined with its ideal climate and excellent tax and financial benefits, make it a location of choice for many affluent business minded individuals and companies. These attributes have played a key role in its continued development into an international shipping and financial center.
- Full EU member
- Lowest personal & company taxation in Europe
- Corporation tax regime 12.5%
- Sustainable growth
- No inheritance tax
- Lowest crime rate in EU
- Stable economy, well regulated country
- Excellent historical ROI
- Strategic geographical position
- Financial center & ship management center
- Solid infrastructure & advanced telecommunication network
- One of the highest GDP growth rates in EU
- Well educated human capital
- Great climate
- Efficient legal, banking & accounting service
Health Care in Cyprus
Under EU regulations, healthcare can be provided in Cyprus for people from other EU Member States. The healthcare is provided on the same basis as it is provided to a Cypriot national and is available at any of the Government Medical Institutions in Cyprus. Healthcare can be provided also at the private hospitals and clinics all around the island.
It is import to state that the level of health care in Cyprus in Governmental as well as in Private clinics is exceptionally high.
Cyprus is among the countries with the highest educational level in Europe in comparison with its population.
You can find kindergartens and private schools offering primary and secondary education as well as colleges and universities offering bachelors, masters, and PhD degrees. You can also find other educational institutions that offer specialized courses in many fields.