INVEST - Reasons why
The sun shines approximately 320 days of the year.
The hospitality of the Cypriots people makes you feel at home.
There is a distinct British influence and English language is spoken
Driving is on the same side of the road as the UK.
The roads in Cyprus are excellent with very little traffic.
Cost of living is very-very low.
Quality of life is very-very good. Stress free.
Very low crime rate - 84% lower than the rest of Europe.
Property prices in Cyprus are on average 20 to 50% lower than those in Portugal, Spain or Italy.
The Cyprus banking system is of European standards.
Cyprus is a full member of the European Community as of from May 2004
Schools are reputable and recognised internationally, education is of a very high standard, and diplomas are offered equivalent to GCSE’s or ‘A’ level’s for entry into British and European universities.
Telecommunications systems are very advanced, international and local calls are the cheapest in Europe.
Cyprus has conducted treaties for the avoidance of double taxation with many countries.
Cyprus has, in the 25th out of 175 countries in the United Nations annual human development index, measuring quality of life across the world.
Cyprus is one of the three countries in the world where you can ski and swim in the same day.
High returns on investments i.e. (property market).
Retirement pensions from abroad are subject to a flat of only 5% rate.
Inheritance tax is Nil
European member citizens can work and live in Cyprus.
Income tax starts after the first £10,000 per year.
European member citizens can conduct business in Cyprus.
Company corporation tax is only 10%.
Companies can operate throughout Europe with their base in Cyprus.
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