WHY CYPRUS ?!
WHY CYPRUS ?!
Strategic location on the crossroads of 3 continents (Europe, Asia and Africa)
Member of the EU and the Eurozone High level of services, including ﬁnancial, medical, education, telecommunications etc Low taxes Ability to obtain permanent residency / citizenship for non EU citizens through purchase of real estate The recent natural gas discovery will be a game changer for the domestic economy and real estate values Mild climate and sunshine (320 days a year) Beautiful scenery and pristine beaches Caters to 3.2 mm tourists per year English language widely spoken Safe, secure and cosmopolitan environment High standard but low cost of living New Marinas, Golf courses and Casinos 1st Safest country in the world for young people (published by the World Health Organization) 2017 1st Safest country in the world among small countries and 5th worldwide (2015) 1-3 days to register a new company 4th (out of 144 countries) on higher education and training (2015) 5th best relocation destination in the world (2014) 0 % Immovable Property Tax 0 % Inheritance, Wealth and Gift Tax 0 % On dividend income for non-Cypriots 0 % instead of up to 8% property transfer fees (if VAT was paid) 0 % On Widow’s pension 5 % ﬂat rate on foreign pensions, exemption of 3.417 is granted First €19.500 are exempt from personal income tax A reduced VAT (5% from 19%) for main residence purchased Awarded with 57 Blue Flags for its beaches, most per Capital in the world (2016) Cyprus Info Member of the European Union and the United Nations, Population: 800,000 Official Languages: Greek, Turkish & English Dialing Code: +357 Web domain: .com.cy Cyprus has achieved high ranking on several credible world ranking systems such as: The Index of Economic Freedom 2011- World rank 18, Forbes Best Countries for Business- rank 22 Doing Business 2011-rank 37 Knight Frank prime international residential index (PIRI) – rank 36 Global Competitiveness Index 2010/2011- rank 40