Cyprus offers a wonderful environment with a very comfortable standard of living. Living and working in Cyprus is combined with fabulous all year round Sun shine and weather, beautiful nature, art and culture, safety, security, and above all, hospitable people. Cyprus combines the international competitive business environment with a pleasurable and balanced way of life as well being known for its low crime status.
Cyprus is a Highly Developed Country and has a very competitive tax system that is fully aligned with EU and international regulations. The Country is Perfectly Set on its Way to Full Recovery after the Recent Global Recession, with the Full Support of the European Union and its Financial Infrastructure.The timing now is perfect in view to achieve Future desirable Investment returns.
Few international business centres can offer tax advantages similar to those available from the Cypriot taxation regime, making Cyprus one of the most attractive onshore tax jurisdictions in the world. With its accession to the European Union (EU) in 2004, Cyprus has evolved from an offshore tax haven, to one of the world’s foremost financial centres. With its privileged geographic location, and with the combination of favourable business taxation incentives and an extensive network of double tax treaties, Cyprus has become the world’s bridge between East and West, North and South.
Cyprus, being a full member of the EU, participates in the EU’s internal market where there is free movement of goods, services and capital, and citizens are able to conduct business, travel to, and live in Cyprus with no legal restrictions. The offshore tax haven regime which existed until 2005 is no longer in place, and was replaced by a new EU-compliant tax regime offering one of the lowest rate of business taxation in the EU, being 12,5%.
Cyprus is ranked among the High Potential- High Performers for FDI growth for 2007-2010. UNCTAD In 2012-2013, Cyprus ranks 58th among 144 economies compared to the previous year, where ranked 47th among 142 economies.
Cyprus has a robust telecommunications system, two international airports (Larnaca, Paphos) and two ports (Limassol, Larnaca). Furthermore, the relatively small distances make the island a very friendly and easy to get around business location. The country also benefits from massive gas resources as well as sophisticated National & International shipping and logistical lines.
Cyprus has developed into an international quality business centre that offers specialized services and rewarding business opportunities catering for the diverse needs of international investors, enhancing the ease of doing business.
Cyprus is not only an attractive place to do business, but also a unique place to reside. Real Estate has been one of the key growth sectors for decades, representing a significant portion of the country’s GDP. Cyprus continues to offer a unique attractiveness for holiday homes. In addition, with 326 days of sunshine and its enviable lifestyle, the island is a popular destination for permanent residency. Santa Barbara Hills Park is a mixed-use resort benefiting from residential & commercial diversities, offering various dimensions for healthy investment returns.
Cyprus is situated in the Eastern Mediterranean at the crossroads of three continents.
Fall in love with the Island of Aphrodite where legend has it that the Goddess of Love arose from the waves. Discover ancient UNESCO-listed sites, wonderful beaches and crystal clear waters bathed in sunshine 340 days a year.
This entire island retains an aura of magical mystique that keeps bringing people back for more year after year.