EU and Eurozone

Cyprus is one of the 27 member states of the European Union as well as a member of the Economic and Monetary Union of States.

Strategic position

Cyprus is at the easternmost point of Europe at the crossroads of three continents, Europe, Africa and Asia.

Taxation

Cyprus offers one of the most attractive tax systems in Europe.

Human resources

2011 statistics show that 33.6% of Cypriots aged 15-64 have obtained a higher education diploma.

Value for investment

Cyprus is a dynamic business center that offers relatively lower operating costs.

Legal framework

In Cyprus, entrepreneurship is based on customary law, accounting and legal transparency.

High Level Services

The services sector contributes about 80% of GDP and employs about 74% of the active labor force.

Ease of Entrepreneurship

Cyprus has evolved into an international quality business center offering specialized services and rewarding business opportunities.

Quality of life

Cyprus offers a wonderful environment with a comfortable standard of living.

Residence and citizen rights in Cyprus

Non-EU residents have the opportunity to obtain a permanent residence permit by purchasing a private home.