ELYSIA PARKWhy Invest in Cyprus
Access to markets
Cyprus became a member of the European Union (EU) in 2004, providing investors with access to a large market of over 500 million consumers. EU membership ensures political stability, economic integration, and compliance with EU regulations and standards.
Attractive and transparent tax regime
Cyprus has one of the most advantageous tax systems in Europe. It offers a low corporate tax rate of 12.5%, one of the lowest in the EU, along with various tax incentives and exemptions. Additionally, Cyprus has a wide network of double tax treaties, which provides further opportunities for tax optimization.
Quality of Life
Cyprus offers a high quality of life with a pleasant Mediterranean climate, beautiful beaches, rich cultural heritage, and a safe and secure environment. It is a desirable destination for individuals seeking an attractive lifestyle and excellent educational and healthcare facilities.
Favorable Business Environment
Cyprus offers a business-friendly environment with a well-developed legal system, transparent regulatory framework, and a strong rule of law. It is known for its efficient bureaucracy and ease of doing business, attracting numerous international companies and investors.
Skilled Workforce
Cyprus has a well-educated and skilled workforce, with a high percentage of English speakers. The labor market offers a diverse pool of talent, particularly in sectors such as finance, information technology, shipping, and professional services.
Positive Economic Outlook
Cyprus has shown remarkable resilience and recovery following the financial crisis, with sustained economic growth, a stable financial sector, and ongoing efforts to attract foreign investment .Cyprus is known as a financial gateway between Europe and the rest of the world, attracting investors looking for reliable financial services and wealth management opportunities.
Cyprus Permanent Residence
Cyprus offers several permanent residency programs that provide individuals and families with the opportunity to obtain residency in the country. Here are some of the main permanent residency programs available in Cyprus:
Permanent residency by investment
- The Category 6.2 Fast Track Permanent Residency requires a minimum investment of €300,000 (plus VAT) in a newly built property.
- Permanent Residency Category F necessitates an investment of at least €100,000 (plus VAT) in real estate and a steady income from abroad to cover living expenses.
Residency with the right to work
Permanent Residence by 5 years of stay
Permanent Residency for EU citizens
Permanent Residency by marriage to Cypriot
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The perfect balance of home lifestyle with resort luxury. Located in the very the heart of Kato Paphos, from where you can easily reach the main attractions of Paphos.
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