Why Cyprus ?

Why Cyprus ?

Cyprus is fast becoming one of the most popular property investment locations for UK and other international property investors? There are many reasons why Cyprus is one of the top destinations for investing in property, here are just a few examples:

Why People Move to Cyprus ?

¨ All year round excellent weather - Hot summers and mild winters with rainfall make it one of the healthiest climates in the World

¨ Beautiful beaches and ancient monuments

¨ Multi-culture with strong UK, Greek, middle Eastern and Turkish influences

¨ Excellent existing infrastructure

¨ Regular cheap access via low cost airlines from many UK airports with short flight times

¨ One of the fastest growing property markets in Europe

¨  Full EU member country

¨ Property prices increasing at around 20% per annum

¨ Booming holiday rental market with huge increase in tourism

¨ Favorable tax regime of only 10% corporate tax and double taxation with 40 countries

¨ Pension Income is only taxed at 5%

¨ No inheritance tax on all estate property all over the world for permanent residents

¨ Highly developed infrastructure, excellent telecommunications and transport

¨ Very strong and growing tourist industry

¨ Very efficient accounting and banking services

¨ Legal system according to English Standards

¨ Bilateral investment agreements with 16 countries

¨ Properties in Cyprus are significantly lower than competitive markets of Portugal , Spain and France

¨ Very economically stable

¨ Low cost of living

¨ Free market economy

¨ Low legal fees

¨ Multi-culture with strong UK , Greek, middle Eastern and Turkish influences

¨ Safe environment for the whole family - very low criminal rate

¨ Sports! From skiing on the mountains in the winter and beaches for water sports, bicycling, excellent quality of golf courses and many more.