Over the last years, Cyprus has become one of the most attractive destinations in the EU for both living and doing business. Voted as the 5th best relocation destination in the world, the country offers a business-friendly environment guaranteed by an effective and transparent regulatory and legal framework, a highly competitive tax system and a well-educated workforce. Combined with a high quality of life, excellent educational system and state-of-the-art medical facilities, Cyprus allows investors and their families to enjoy a safe and relaxed way of living.

The Cyprus government has introduced a scheme to enable foreign nationals to invest in the Cyprus economy and obtain Permanent Resident Permits (PRP) – through investment in Cyprus. This is a reference to a fast track programme available to any non-EU National interested in purchasing a property in order to relocate to Cyprus with the family, for an indefinite period of time as Permanent Residents.

  • TIME FRAME WITHIN 2 MONTHS
  • A PERMANENT PERMIT
  • MUST VISIT CYPRUS ONCE EVERY 2 YEARS
  • EASY ACCESS TO EUROPE
  • PRP APPLICABLE FOR UP TO 3 GENERATIONS

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PR granted within 2 months

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A lifetime permit

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Visit Cyprus once every 2 years

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Easier access to Europe

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For up to 3 generations

Location

  • Cyprus is a European state & member of the eurozone Asia
  • Strategic location - at the crossroads of Europe, Africa and Asia
  • Third largest island in the Mediterranean Sea
  • Cheap flight connections and excellent telecommunications

The beauty of Cyprus

  • Beautiful, long beaches with golden sand and crystal-clear waters
  • 69 different beaches awarded the famous Blue Flag designation (2021)
  • Mild Mediterranean weather with 340 sunny days per year
  • The sunniest place in Europe

Quality of life

  • High living standard at a low cost of living
  • A safe place to live with a low crime rate
  • High quality educational system and the second-highest tertiary educational attainment rate in the EU
  • The best medical facilities and quality healthcare
  • Genuine warm hospitality
  • The 5th best relocation destination in the world

Trade and Investment Center

  • Low corporate tax rate (12.5%)
  • No inheritance tax
  • Tax system in full compliance with EU and OECD requirements
  • Double taxation agreements with third counties, including China and Russia
  • Business center with access to all markets
  • Sophisticated infrastructure
  • Business language is English
  • Foreign direct investment (FDI) ranking (of 9.1%) Increase compared to 2015)
  • Efficient and professional banking services
  • Business opportunities (business, shipping, energy, real estate, tourism)
  • Cyprus - EU: Main energy hub
  • Strong legal system based on the UK legal system