The cost of living in Cyprus is much lower compared to other developed countries of the European Union. Moreover, Cyprus is considered a safe country since it has very low crime rates, making it ideal for family living.
- QUALITY OF LIFE
- EXCELLENT LOCATION
- CLIMATE AND WEATHER
- MEMBER OF E.U
- TAX SYSTEM
- WHY NICOSIA
COST OF LIVING AND CRIME RATES
Cyprus possesses a very good education system, both in the public and private sector. In Cyprus education is mandatory until the age of 16. Private education is usually English-speaking and its attendance is not covered by the government. There are currently 3 public universities and several private ones.
POPULATION & CITIES OF CYPRUS
Cyprus is divided into a southern Greek Cypriot community and a northern area occupied by Turkish troops since 1974. The population reaches 1.150.000 of which, 300.000 are Turkish Cypriots and Turks, 29.000 Greeks, 24.000 British and 8.000 Russians. The Republic of Cyprus is divided into 6 districts:
Nicosia, Limassol, Famagusta, Larnaca, Paphos, and Kyrenia.
The health system in Cyprus consists of two service sectors: a public and a private one. There are private and public hospitals in every city in Cyprus. The Public Sector is managed by the Ministry of Health. For emergency situations, you can visit the public hospital emergency unit at any time, with a cost of €10.
HISTORY AND TOURIST ATTRACTIONS
The prehistory of Cyprus begins with the first appearance of Cypriots on the island during the 10th millennium BC. It is a country with rich history and the birthplace of the ancient Greek goddess of beauty and love, Venus, who made Cyprus her home place and established it from ancient times as a point of attraction for foreign travellers. Additionally, Cyprus has been a place of residence for many cultures and ethnic groups and there are findings from the early Neolithic age, followed by specimens from the Egyptians, Greeks and Phoenicians. There are many tourist attractions and every city has something worthy of seeing. Cyprus is full of ancient villages, archaic ruins and medieval castles for those who wish to explore them.
The majority of the inhabitants of the Republic of Cyprus are Orthodox Christians, Roman Catholics, Protestants, Muslims, Buddhists, Maronites, Armenians, and Hindus.
In the middle of 3 Continents!
Cyprus is the third largest island by population and by area in the Mediterranean. It is located in a key position on the map, at the crossroads of three continents, Europe, Asia and Africa. Cyprus’s strategic geographic position, combined with the developed legal and regulatory framework, low business tax rates, well-educated workforce and its full membership into the Eurozone, make it ideal for business and foreign investment but also for habitation.
CLIMATE AND WEATHER
320 days of sun!
The climate of Cyprus can be described as intense Mediterranean, with dry summers from mid-May to mid-October and mild winters from December to February. Impressive is the fact that on average, the island enjoys about 320 days of sunshine every year! Nevertheless, in Cyprus, one can live all the seasons without exception, since in the winter months, snowfall is a frequent phenomenon mostly in the Troodos Mountains , the highest mountain in Cuprus at almost 2000m
MEMBER OF E.U
In 2004, Cyprus became a full member of the European Union and in 2008 it entered the Euro Zone allowing European citizens to do business and live in Cyprus without any legal restrictions or difficulties. Since then the creation of a business in Cyprus has become even more simple and fast. Cyprus also participates in the EU Single Market, where the movement of goods, services and persons is ensured without restrictions.
Euro since 2008!
The euro became the official currency of Cyprus on 1 January 2008. The following notes exist: 5, 10, 20, 50, 100, 200 and 500 euro. One euro equals 7.97 Chinese Yuan and 77.7 Russian Rubles.
With a vision for Growth!
Cyprus has two international airports, Larnaca and Paphos, covering flights to and from Europe and the Middle East.
Sea transport serves the import and export markets of the island through the two ports of Limassol and Larnaca. It also has a modern road network ensuring quick and easy transportation from the island to all cities.
Ideal for Foreign Investments
The advantages of Cypriot taxation – due to the low corporate tax rate – favor foreign investors making it an attractive investment destination. There is also no withholding tax on dividends, interest and royalties paid by Cyprus. Most international transactions are exempt from VAT!
In the Heart of Cyprus!
Nicosia, the capital of Cyprus, is rich in history and culture, and combines luxury with safety.. It has all the features of a modern, cosmopolitan European capital and is considered to be the business and economic center of the country. The administrative core of the Republic of Cyprus is located there as well as the largest business firms. Furthermore. It has a rich history with remarkable sights, museums, galleries, cinemas and theaters. It also has shopping centers, lively shopping streets and luxury boutiques with international brands. Read More about Nicosia!