Why Cyprus

  10 reasons to live in Cyprus

1. Cyprus is an island that is very welcoming with friendly people. Renowned as the birthplace of Apohrodite, Cyprus has a rich history dating back thousands of years. Its traditions and culture remains with local coffee shops, and taverns, Greek music and traditional dancing. The locals still follow the traditions passed down from generation to generation. The people offer their hospitality to all new comers, and over time they become your friends and make you feel as though you belong.
2. There are a variety of primary and secondary schools of a high standard. More than 30 private primary and secondary schools (Greek-language, English-Language, French-language and Russian-language) operate with Ministry of Education and Culture approval.
3. Compared with many European countries, Cyprus enjoys an exceptionally low crime rate. Visitors are clearly reassured by this relaxed aspect of life on the Island because crime is very low and theft is not commonplace, making it a safer place for you and your family.
4. The general price level of property in Cyprus has remained very low in comparison to other countries. There is a large rental market for holiday makers and Cypriot residents, making your property a good rental potential as well as a holiday or permanent residence.
5. Taking advantage of Cyprus\' privileged and strategic geographical location at the crossroads of 3 continents, Cyprus cooperates with neighbouring countries such as Greece, Israel, Lebanon, Syria, and Egypt. Easy distances for flights to and from your home country
6. The mild climate of Cyprus makes the island one of the healthiest places in the world. Cyprus enjoys the best type of Mediterranean climate with 340 days of bright sunshine annually. Cyprus has numerous blue flag beaches and coves for sunbathing.
7. A relatively low cost of living often accounts for a substantially improved quality of life. Cyprus enjoys a high standard of living with good facilities.
8. Cyprus has a British-based legal system and a British-based banking system, thus making the choosing of mortgages and managing of your money similar to the UK.
9. Cyprus joined the EU in May 2004 and EU citizens who are non-residents may now buy 2 properties and this is likely to lead to considerable growth in demand
10. Cyprus is administered by a western, stable, and democratic government. The infrastructure of Cyprus has changed over the years, offering to the locals and the tourists all the facilities that the modern world offers

10 reasons to invest in Cyprus

1. The general price level of property in Cyprus has remained very low in comparison to other countries.
2. A relatively low cost of living often accounts for a substantially improved quality of life. Cyprus enjoys a high standard of living with good facilities
3. The Cyprus economy is characterized by robustness and stability that is evidenced by the favourable evaluations of the European Commission and the International Monetary Fund.
4. The achievements of the Cyprus economy have been recognized by the European Council, which predicted Cyprus entry into the Euro by 2008 is a further vote of confidence.
5. Tourism is predicted to grow by 4.6% over the next 10 years, contributing about 13.9% to the country\'s GDP by 2014. This is good news to property investors looking for a ready market.
6. Cyprus boasts a very efficient land registry system with straightforward and well administered procedures, making property purchase a safe option.
7. Cyprus has a British-based legal system, where English-speaking lawyers abound. A British-based banking system in Cyprus makes choosing mortgages and managing your money similar to the UK.
8. Taking advantage of Cyprus\' privileged and strategic geographical location at the crossroads of 3 continents, Cyprus cooperates with neighbouring countries such as Greece, Israel, Lebanon, Syria, and Egypt.
9. Cyprus have stringent building standards, which the developers meet. There are strict regulations that ensure areas of land are maintained as natural wildlife, habitats, such as Akamas Nature Reserve. The building materials that the developers use are of the highest standards, made to last for many years.
10. Investors can take advantage of fiscal incentives and a relatively low level of taxation. Cyprus has an attractive tax system. Corporation tax is 10% and employees get the first 17,086 euro of the wages tax free. There is no inheritance tax and Cyprus has double taxation agreements with a number of European countries. Enabling residents to pay tax in just one country and take advantage of the low tax rates.



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