THE IDEAL DESTINATION FOR INVESTMENT, RELLOCATION AND LIFESTYLE
Cyprus is the ultimate destination for everyone, offering unparalleled opportunities. It stands as one of the few places in the world that should be considered for those looking to invest, relocate, or purchase a second home. Whether for families, business professionals, retirees, tax planners, or holiday seekers, Cyprus is a place where diverse needs can be seamlessly integrated, creating a perfect balance. It offers a comprehensive package that combines safety, simplicity, a vibrant quality of life, environmental sustainability, market potential, and the option for both cosmopolitan and tranquil living. With ongoing advancements in every industry and infrastructure, a fast-growing business environment, and all the advantages of being part of the European Union, Cyprus presents an exceptional opportunity for anyone looking to thrive.
GENERAL BENEFITS
- Strategic Location: Easy access to Europe, MENA, and Asia.
- Multicultural Environment: A diverse workforce and population.
- Stunning Beaches: Blue Flag beaches and some of the cleanest bathing waters in the world.
- Safety: Recognized as one of the safest countries globally.
- World-Class Resorts: Award-winning resorts and top-tier tourist facilities.
- International Connectivity: Two major international airports.
- Educational Excellence: A wide selection of private international schools and universities.
- High Quality of Life: Exceptional living standards, healthcare, and lifestyle.
- Mediterranean Climate & Cuisine: Pleasant year-round climate and delicious Mediterranean cuisine.
- Euro Currency: Cyprus uses the Euro, providing financial stability and ease of transactions.
FINANCIAL BENEFITS
- Corporate Tax: Only 12.5%, one of the lowest in the EU.
- Capital Gains Tax: 0% on most property transactions.
- Property Taxes: 0% on property taxes.
- VAT on First Property Purchase: Reduced to 5% for first-time buyers.
- Service Industry Growth: Over 80% of the economy driven by service-related industries.
- Non-Domicile Status: Attractive tax advantages for non-domiciled residents.
- Tax Residency: Achieve tax residency in just 60 days.
- No Inheritance Tax: No inheritance tax, offering peace of mind for future generations.
- Financial Stability: A solid and stable financial system within the EU.
- Natural Gas Reserves: The potential for economic growth through natural gas reserves.