Country Profile

Cyprus is a beautiful island in the Mediterranean Sea that stands at the crossroads of three continents, Europe, Asia and Africa. Its ideal location has attracted travelers and visitors for thousands of years.

With its natural beauty, tranquil landscapes, archeological monuments, beautiful sandy beaches, modern infrastructure and hospitable culture, Cyprus makes for the perfect place to live, retire, invest or set up a business. The island is served by 40 major airlines, two international airports, Sea Ports and modern telecommunications linking it to the four corners of the world.

Key Points:

  • Third largest island in the Mediterranean Sea
  • Area covering 9,251 square kilometers
  • 648 km coastline with 49 Blue flag beaches
  • Population of approximately 800,000 – Capital, Nicosia
  • Member of the European Union
  • Currency Euro (adopted January 2008)
  • Languages Greek, English, Russian and growing number of Farsi speakers
  • International airports in Larnaca & Pafos
  • International ports in Limassol & Larnaca
  • 340 days of sunshine per year
  • Property prices are lower than other European countries
  • New infrastructure developments
  • British based legal system and UK trained lawyers
  • Excellent healthcare facilities, education and business services
  • One of the lowest crime rates in Europe
  • Low cost of living
  • Corporation tax 10%
  • Modern banking system

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