Experiences Waiting for You to EnjoyNestled in the heart of the Mediterranean, Cyprus is an island rich in history and culture, as well as natural beauty. This along with the fact that Cyprus as it is a member of the European Union, has many tax incentives, a secure legal system and a high standard of professional and other support services ensures Cyprus is also considered one of the foremost financial and business centres in the world. It only takes one trip to Cyprus to fall in love with the island and realize how many wonderful experiences are just waiting for you to enjoy.
Overflowing with rich history and culture, and boasting a blissful Mediterranean climate with 350 days of sunshine, pristine beaches and beautiful natural scenery, Cyprus’ ensures that there are exciting activities and places to visit whatever the season.
Whether visiting or residing in Cyprus, it is easy to feel at home due to the fact that there is a large, diverse international community, English is widely spoken, there are numerous international schools and the core of the Cypriot culture is its warmth and hospitality.
Recently voted the safest small country in the world, Cyprus also has the lowest crime rate within Europe. This makes it the perfect place to raise a family and allows peace of mind for International businessmen as they know that when they are travelling, their family is happy, safe and secure.
ENCOURAGEMENT OF FOREIGN INVESTMENT
Designed to promote and sustain favorable investment conditions, Cyprus has simple administrative procedures, no limits on foreign investment, strict confidentiality clauses and an extremely favorable tax regime. Additionally, due to its secure legal system and high standard of professional services, Cyprus is considered one of the foremost business bases for both inward and outward investments. This can be seen in a recent population census where almost 25% of the residents of the government- controlled area were non-Cypriots.
With two international airports, island-wide high quality of infrastructure, internationally recognized schools and universities and a wide range of internationally qualified medical practitioners and private hospitals, residents of Cyprus are guaranteed a high standard and quality of living.
EU MEMBER & GOOD INTERNATIONAL RELATIONS
A member of the European Union since 2004, Cyprus’ has the Euro currency reducing issues of exchange rates. Additionally, one of the main policies of the Republic of Cyprus is to maintain close relations with the neighboring states and countries further afield. This can be seen through Cyprus’ extensive diplomatic relations, the fact that it is a member of numerous international organizations (shown below) and is also a signatory to various international conventions and bilateral co-operation agreements.
International organizations in which Cyprus is a member include:
- World Trade Organization (WTO) (1995)
- Organisation for Security and Cooperation in Europe (OSCE) (1975)
- The Commonwealth (1961)
- The Council of Europe (CoE) (1961)
- The United Nations (UN) (1960) and its specialized agencies
- The World Bank
- The International Monetary Fund.