LIVING THE MEDITERRANEAN DREAM
A gateway between the east and the west, this European haven provides convenient access and connectivity to all four corners of the world. Stunning coastlines, pristine Blue Flag beaches, forested valleys, majestic mountains and cosmopolitan cities. These are the picturesque landscapes of Cyprus. All bathed in over 300 days of sunshine per year and with the mildest winters in Europe.
FAMILY FRIENDLY
Cyprus offers a wealth of attractive benefits for the whole family. Welcoming you home to the ultimate family-friendly destination for an active, prosperous and comfortable lifestyle for all generations.
HIGH QUALITY OF LIFE AT LOW COST
Find the ideal balance between high quality of life and low cost of living here in Cyprus, with the island ranked 14th in the EU in terms of cost of living. Housing costs are 25.5% lower than the EU average, while many professional services are lower in price despite their world-renowned quality. Short distances around the island make exploring easy, while excellent air connectivity through two international airports make this a convenient base for global travel.
DYNAMIC CORPORATE ENVIRONMENT
Cyprus and particularly the dynamic city of Limassol, is also emerging as a prosperous center of commerce, industry and innovation. Here, international organizations receive attractive benefits for setting up operations, with an extremely fast and simple procedure to launch and establish corporations. Meanwhile, a highly skilled, multi-lingual workforce supports the thriving corporate community, with 55% of the population holding a university degree and at least 76% speaking English. Employers can also take advantage of the entire EU pool without any restrictions.
LIMASSOL
ACTIVE LIFESTYLE DESTINATION
Limassol is emerging as the most desirable destination to live in Cyprus. Endless golden coastlines and majestic mountain ranges provide the backdrop for an array of family-friendly activities, from hiking, cycling and climbing, to water sports and even skiing.
COSMOPOLITAN HIGH-END LIVING
Exuding high-net-worth appeal and bustling vibrance, the seafront city offers an outstanding selection of dining, retail and entertainment offerings. Think award-winning golf courses, luxury casino developments, platinum standard marinas, buzzing nightlife and iconic five-star hotels.
HUB OF CORPORATE AND ECONOMIC ADVANCEMENT
As a preferential base for multinational corporations across all sectors, the European city fosters a fast-growing business community. And Limassol is also well connected equidistant from the island’s two international airports and with easy access to all other major urban centers.
EDUCATION / HEALTHCARE / SAFETY
The 5th safest country in the world, Cyprus is also home to excellent infrastructure, world-class healthcare and high-level education facilities. The island's impressive educational landscape features prestigious universities recognized for their rigorous academic programs and cutting-edge research. Meanwhile, numerous accredited international schools ensure high standards of education for expatriate families. Access to a top-quality healthcare includes the General Health System (GeSY), which provides comprehensive medical coverage to all residents. Moreover, modern medical facilities and state-of-the-art hospitals offer extensive healthcare services.
ECONOMY & TAXATION – LUCRATIVE FINANCIAL ADVANTAGES
Cyprus' thriving euro economy and highly favorable tax rates benefit both individuals and businesses. At 12.5%, corporate tax is among the lowest in Europe, while an attractive IP regime allows tech companies to reduce taxes to 2.5%. Further incentives include double tax treaties in respect to more than 60 counties, 50% deductions for new tax residents and capital gains and security trading exemptions. Companies setting up headquarters in Cyprus can also benefit from dividend income exemption and notional interest and expense deduction. Moreover, dividend income, royalties and interest are not subject to withholding, while foreign exchange gains and losses are tax neutral. Moreover, the island has a modern banking sector with a transparent regulatory framework, as well as stable, transparent legal systems and very strong Intellectual Property (IP) protection. More than 700 accounting firm and 160 law firms offer a wide range of commercial services. And residents also have full access to European markets without barriers, tariffs or bureaucracy.
PERMANENT RESIDENCY
Purchasing a property in Cyprus means the whole family is eligible for official Cyprus Permanent Residency. This entitles you to visa-free entry into Cyprus, as well as access to all of its world-class systems, benefits, services and facilities. Cyprus also offers the shortest naturalization period in the EU, with three- and four-year fast-track citizenship processes available. Making the EU member state an ideal choice for relocation for foreign nationals.