Cyprus, officially the Republic of Cyprus, is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean. The excellent geographical location between: Europe, Asia, and Africa, played a strategic role in the development of the island as a Financial Center.

Cyprus is a major tourist destination in the Mediterranean. With an advanced, high-income economy and a very high Human Development Index, the Republic of Cyprus has been a member of the Commonwealth since 1961 and was a founding member of the Non-Aligned Movement until it joined the European Union on 1 May 2004. On 1 January 2008, the Republic of Cyprus joined the Eurozone.

Cyprus is a member of the European Union since 2004. It is the safest European country with the lowest levels of crime, relatively low cost of leaving and doing business and no inheritance tax. It has a good policy for social and medical care, a wide range of private English schools and Universities.

Cyprus beautiful Beaches, all year round sunny Mediterranean climate, many fascinating remains of history from Neolithic settlements through Asian cities and Byzantine Art in combination with the hospitality of the local people, makes Cyprus the European’s most favourite Tourist Destination.

Why Cyprus

  • Strategic Location
  • Member of the EU & Eurozone
  • Corporate Tax Incentives
  • No Inheritance Tax
  • Low Tax Rates
  • Common Law Legal System
  • Low Crime Rate
  • Millennia of culture, history, and art
  • Multicultural
  • Excellent Educational Institutes
  • High-quality tourist & leisure facilities year round
  • Quality of Life
  • Quality of air and sea
  • Top Holiday Destination

    Cyprus Information

    Capital Nicosia
    Time Zone GMT+2
    Total Area 9251 km2
    Location South Eastern Europe, an island in the Mediterranean Sea
    Population 1172458 (Population Growth 1.48%)
    Nationality Cypriot(s)
    Languages Greek (official) 80.9%, Turkish (official) 0.2%, English 4.1%, Other 14.8%
    Currency Euro (EUR)
    Climate Temperate, Mediterranean: dry hot summers, cool winters
    Religions Greek Orthodox: 78%, Muslim: 18%, Other: 4%
    VISA Free Countries 135