About Cyprus

Situated at the maritime crossroads of the eastern Mediterranean basin, Cyprus has a rich and varied history.

About Cyprus

Cyprus: The birthplace of Aphrodite…Goddess of Love and Beauty!
Even if you’ve been here before, there’s always a new world to discover. Cyprus lies at the crossroads of three continents, Europe, Asia and Africa, where East meets West and a new experience awaits you under the sun every day. Where Championship Golf courses, inviting beaches, and breathtaking mountain trails lsie around luxurious hotels.
The island is enriched with a culture that combines elements of the West and the East, bringing together the best of both worlds. Paphos, declared a World Heritage Site by UNESCO because of an abundance of ancient treasures, invites us all to discover its ancient heritage.

Government & International Relations
Cyprus is an independent sovereign republic with a democratic presidential system of government. An independent judiciary, and the legal system that is based on the British system of law, with an advanced and reliable Land Registry Office, upholds individual rights. Cyprus is also a member state of the United Nations and the Commonwealth and, as of 1 May 2004, also a full member of the European Union.

Outcome of EU Membership
The island’s EU membership now allows for increased freedom of movement of European citizens to the island, as well as freedom to establish businesses and take up employment. Existing legal constraints on ownership of freehold property, foreign investors and company residential purchases will gradually be lifted, which will, in turn, mean stable and increasing returns on property investments on the island.

Economy & Banking

Cyprus during the past 30 years become an important international business and shipping centre.

Cyprus enjoys a prospering, stable economy. With full employment and rapid growth, Cyprus ranks among the high-income countries of the world, while the cost of living compares favourably to that of the UK and other European countries, ensuring a high standard of living.
Also based on the British system, banks in Cyprus offer advanced and efficient services to individuals and businesses across the island, with branches overseas. Many international banks also have networks throughout the island.

Climate, Language & People
Cyprus enjoys one of the healthiest climates in the world, with mild winters, long, warm summers and over 320 days of sunshine a year, allowing residents to enjoy outdoor activities all year round. English is widely spoken, allowing foreign residents to easily blend in and feel at home.

In addition to public schools, Cyprus also has private elementary and secondary schools for international pupils. Higher education is offered at the University of Cyprus and other private colleges, where accredited courses in undergraduate and graduate studies are taught in English, with a wide range of fields available to choose from.

Cyprus telecommunications facilities rank third highest in the world. Direct dial access to over 200 countries is provided, as well as modem and cellular phone networks and services, and advanced Internet connections, including ISDN.
Radio, TV and satellite services are readily available in English, with many international print media available in local newsagents.

Cost of living 
The cost of living in Cyprus is low compared to many other European destinations.

Museums and Galleries
Cyprus 10,000 year old history has brought up innumerable finds over the years, so much so that it is said if you scratch the soil anywhere on the island you are bound to unearth a relic from the past.
All the island’s main cities have an archaeological museum to house the regional findings, with pride of place taken by the main archaeological museum in the capital, Nicosia. Quite a few private and state galleries will guide you through the most recent years of arts and culture of the island up until today.
A number of specialist museums exist on the island where you can admire some exquisite examples of icons and ecclesiastical objects that have survived over time. You can also find small folk art museums all over the island where 19th and early 20th century Cypriot folk art and crafts, can be seen displayed often in beautifully restored old buildings, in whose rooms the way of life in years gone by is recreated.



The diversified tourism ranging from calm beaches, trading centre, intriguing mountains and infrastructure has been bringing in numerous visitors from Europe and other parts of the world who want to experience the enthralling taste of the islands life. This has led to the development of property and tourism industry, scaling at great heights as Reuters had opined last year. The low cost of living compared to the deluxe Europe nations has been the main ground for resorting to the precious island. The presence of international airports has enabled the prompt entry and departure within very short time. There are other means of transport such as the ocean though ship or boats. This is reinforced by the local road network infrastructure that connects the central Laminus and peripheral cities.

Cypriot Hospitality
Cypriot hospitality is almost proverbial, and often traced back to a long history of changing civilizations and a constant flow of foreigners, both friends and foes. In more recent years, the flourishing tourist industry has introduced the local population to nationals from east and west, who in turn enjoy their hosts warmth and friendliness, which bring so many visitors back, again and again.

Low Crime Rate
A major contributor to the peace of mind that people living in Cyprus enjoy is the fact that the crime rate is very low in comparison with other Mediterranean countries such as Spain, Portugal, Italy and France, and practically restricted to downtown urban areas. The Cyprus crime rate has been estimated at only one tenth of the average rate of the other European countries and at 6% of the United Kingdom rate. This sense of security plays in important part in making visitors and foreign residents feel comfortable on the island.

Health Care
Public and private health care in Cyprus is of a high standard and available to everyone. Cypriot dentists, doctors, specialists and surgeons have all qualified abroad, mainly in Greece, the UK, Germany and the USA. All are fluent in English, any many in an additional foreign language. Both government hospitals and private clinics offer emergency services with doctors on call at all times. It is worth noting that private health care is far more affordable  – and therefore more common and in demand – than in other European countries.
Golfers coming to Cyprus can currently enjoy a choice, or a tour, of  golf courses: Secret Valley, Tsada, Vigla and the championship standard course at Aphrodite Hills Golf Club. All are easily accessible from our developments, roughly a 20-minute drive away. Over the coming few months, the Government of Cyprus is expected to grant another 8 (eight) licenses for new courses.

Eating out is a popular pastime among Cypriots, which is not surprising, given the number and variety of local and speciality restaurants available for all tastes and budgets. Traditional taverns, from simple and casual to upmarket rustic, serve local specialities including the sumptuous Cyprus meze, while ethnic restaurants specialize in a choice of French, Chinese, Italian, Indian, Lebanese, Japanese, Russian and Mexican cuisine among others.

When you’re ready for a night on the town, evening entertainment in Cyprus ranges from bouzouki clubs to more international nightclubs with live music, numerous discos and a variety of bars, which are usually divided between the modern city centres and the old heart of each town.

Tax advantages
Low taxation 12.5% lower in all Europe, double taxation treaties with 48 countries, in most cases there is no tax on dividends, etc.


Cyprus Energy Center

After the recent discovery of massive deposits of oil and gas in Cyprus, the country is turning into an important energy center. There are estimations according to which the stocks of natural gas in Cyprus AOZ reach a total of 60 trillion cubic feet and their value is estimated to amount to two trillion euros, resulting in Cyprus becoming one of the world’s richest countries in a very short period of time.

Why Cyprus?

  • Cyprus is the birthplace of Aphrodite Goddess of love and beauty.
  • Population one million.
  • Dimocratic country with liberal market economy.
  • 10,000 years valuable ancient history.
  • Big potential opportunities in oil & gas. Is estimated to be enough to support the whole Europe for 100 years.
  • International banking system and important international business and shipping centre.
  • Full member of the European Union since May 2004. Euro currency since January 2008.
  • Amazing climate: summer season from April to October and average winter temperatures: air +18, water +17.  320 sunny  days a year.
  • Crystal clear sea waters and air smelling of flowers. 52 blue flag beaches. Fresh fruits and vegetables all year round.
  • Clean ecology.
  • Friendly and hospitable people.
  • Lowest crime rate in Europe.
  • Almost everybody speaks English.
  • 2 New International Airports (Larnaca and Pafos).
  • 2 Sea Ports (Limassol and Larnaca).
  • Golfers coming to Cyprus can currently enjoy a choice or tour of golf courses.
  • Freehold and stable property prices.
  • Strategic location between 3 continents: Europe, Asia and Africa.
  • Legal system based on the English law.
  • Easy and fast procedures to register companies.
  • High quality communications and highly developed infrastructure.
  • Short distances between towns.
  • International schools, colleges, universities and kindergartens.
  • High quality lifestyle and low cost of living.
  • Tax advantages: low taxation 12.5% lower in all Europe, double taxation treaties with 48 countries, in most cases there is no tax on dividends, etc.
  • Non Eu Citizens who purchase property in Cyprus of a minimum value of €300,000 are eligible to apply Cyprus Permanent Resident Permit and €2,000,000 Cyprus European Passport.
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