Cyprus Property For Sale - Why Invest in Cyprus
Weather and Culture
- Cyprus is ideally located where the Mediterranean meets the East at the crossroads of 3 continents
- Dramatic sun drenched landscape
- The island is surrounded by warm, crystal clear mediterranean sea
- A rich cultural mix with stone mountain villages busy coastal towns sand a bustling and a thriving capital city
- Skiing is possible in the Troodos mountains and sunbathe in one of the many resorts
- Sports and leisure facilities are excellent and include 3 international standard golfing complexes
Business and Commerce
- Economic stability and growth
- Standard and Poors put Cyprus in 1st place amongst EU countries for financial flexibility even ahead of Switzerland in 2nd place
- Modern and efficient legal and banking services
- EU membership has encouraged a stable business environment. Euro membership January 1st 2008
- 2 International Airports with excellent worldwide connections
- Double Tax agreements with over 40 countries
- All local companies are subject to a uniform tax rate of 10%, the lowest corporate tax rate in the EU
- The standard VAT rate is 15% in Cyprus
Summary
Cyprus is a small island blessed with a fabulous climate and a very short winter. This makes for an excellent place for winter breaks as well as Spring and summer holidays. As an island the supply of land is limited. These two factors combine to make for a demand for property both to buy and to rent. All in all an excellent to buy or invest!
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City Investments Overseas ++(0)1244 317788
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