When looking at Cyprus, one realises there is much more to this island than a mere “sun and sea” destination. Strategically located at the crossroads of Europe, Africa and Asia with full access to the world’s largest single market and a member of the EU since 2004, Cyprus has always been a popular destination for visiting and one in which to live and also to do business. The island is a modern, cosmopolitan and transparent business centre, committed to offering a high-quality, duly regulated services and a unique value proposition that ensures the best possible experience for investors and business people worldwide. With its vibrant, multicultural society, unique natural beauty, an advanced infrastructure, a pro-business environment and a thriving international presence, Cyprus has what it takes to be the investor’s next strategic choice and the individual’s preferred travel destination.
Cyprus At a Glance
With an enviable lifestyle in a safe and vibrant setting, graciously blending traditional and contemporary elements, Cyprus is the perfect destination in which to enjoy a healthy work-life balance. The dynamic urban lifestyle in its multicultural cities, combined with the peaceful and relaxing rhythms of the many charming villages in the countryside, offer a wealth of lifestyle choices for every desire and taste.
Surrounded by the crystal-clear waters of the Eastern Mediterranean, with a 640km coastline teeming with endless stretches of golden sand and secluded bays, plus a hinterland of tall mountains and fertile valleys, the island enjoys 340 days a year of glorious sunshine. With average temperatures of 12˚C in winter and 33˚C in summer, Cyprus has a Mediterranean climate, with long, warm, dry summers and mild winters with the snowfalls on the highest peaks of the Troodos mountain range.
Ranked as one of the healthiest countries in the Mediterranean, Cyprus has an excellent high-quality healthcare system, provided through its National Health System (NHS) as well as a thriving private healthcare sector. The NHS offers state-of-the-art medical services and the highest quality in-patent and out-patient care to all citizens and permanent residents. Cyprus boasts internationally educated specialists with top-notch facilities and a plethora of medical insurance options.
Competitive Cost of Living
With one of the most attractive tax regimes in Europe, along with highly competitive residential property prices, Cyprus was ranked 36th in the 2020 Numbeo Cost of Living Index by Country and has established a robust reputation as an attractive destination for relocation. Residents benefit from one of the lowest costs of living among Western European countries. The island’s climate, high-quality-balanced lifestyle, first-class healthcare, education and affordable housing make it one of the most desirable countries to live in.
Culture & History
With a history and rich cultural heritage spanning more than 10,000 years, Cyprus is one of the oldest civilisations in the Mediterranean. Situated at the crossroads of three continents (Europe, Asia and Africa), the island is a mosaic of different cultures and periods. Having evolved over the millennia from a collection of stone-age settlements into a modern and thriving European Union member state, it contains a harmonious blend of influences from both Eastern and Western civilisations, which is evident all over the island and can be seen in Cyprus’ many fascinating museums, galleries, monuments and cultural sites, several of which are UNESCO World Heritage Sites.