The third most populous island in the Mediterranean, Cyprus is modern, cosmopolitan business hub strategically situated at the crossroads of three continents: Europe, Asia and Africa. This has led the tiny island to become a financial center, and a gateway for conducting business right where East meets West, where opportunities for investment across a wide range of sectors abound.
General information about Cyprus
Beyond its intricate mosaic of nature, culture, and history, Cyprus boasts an open, free-market economy where laws and regulations, systems and infrastructures are all continuously enhanced to ensure the country remains one step ahead. Cyprus is committed to offering a high-quality service in a duty-regulated environment in order to ensure the best possible experience for investors and business people worldwide.
There are a number of reasons to choose to invest in Cyprus. In particular, it boasts a competitive tax regime with the lowest corporate tax rate in Europe, and advantageous double tax treaties with 45 partner countries. Additionally, changes in Cyprus legislation have meant that the Cyprus government offers considerable incentives to investors, particularly through their Citizenship by Investment and Permanent Residence Program. Through these programs, third country nationals are eligible to become Cypriot citizens, or are granted permanent residence, through investment in real estate, land development, or infrastructure projects.
Garpozis Construction & Developments can help investors seeking to take advantage of these schemes through our special investment packages.
Limassol, the second largest city in Cyprus, is renowned for its vibrant atmosphere, a rich and colorful history, as well as its thriving commercial center that caters to a large international community. Thanks to the welcoming weather and varied terrain, there are a plethora of activities one can enjoy – from a day sun-bathing at the beach, to a range of watersports, cycling, and even a drive through the Troodos Mountains, or nearby picturesque villages.
With one of the lowest crime rates in the European Union, the cleanest and safest beaches in Europe, and the finest selection of English-speaking schools and universities, it’s no wonder that Limassol is one of the island’s most diverse cities. Foreign nationals choose to settle in Limassol to enjoy all the cosmopolitan city has to offer, including some of the island’s best dining options.
In Limassol you are never more than a few steps away from the beautiful azure coastline. This, combined with the buzzing liveliness for which the city is famous, make it the most diverse property market in Cyprus, with options spanning residential and commercial properties to beachside holiday homes.