CYPRIOT PRIVILEDGE

Member of the
European Union

Cyprus amended its constitution and adopted European Law fully harmonizing with EU Directives since 2004 that it became a European Union Member.
Cyprus has also signed multiple international treaties and conventions. Furthermore, since January the 1st 2008, Cyprus has been a member of the Eurozone, adopting the Euro (€) as its national currency.

Favourable
Business Benefits

Banking System

Cyprus boasts a globally acclaimed banking system, offering a wide range of advanced customised services for businesses as well as individuals. Cyprus’ Central Bank constantly monitors and assesses the stability of the island’s financial system. It also supervises all of the banks active on the island and is the official banking business licensing authority.

Legal System

Cyprus is a common law jurisdiction. As such, and due to its British heritage, Cypriot law is reliant on precedent extracted from the British common law. This assures stability and finality. Cyprus’ legal system is based on a two-tier court system. First tier courts are the District & Criminal courts in each city, handling Civil & Criminal matters respectively. The second tier court is the Supreme Court – the Republic’s highest – located in the capital city, responsible for the justification of laws, preservation of human rights as well as acting as the admiralty, administrative and appeal court.

Governance

Cyprus is a presidential republic with a democratic election of its president every 5 years. Cyprus’ constitution assures a clear separation of powers. The Council of Ministers exercises executive power and is appointed as well as chaired by the President of the Republic. The House of Representatives exercises legislative power. The system assures equality, openness, fairness, growth, consistency, peace and spread of power making the island appealing to global citizens and investors.

CAREFREE LIFESTYLE

Assets of Living in
Cyprus

Low Crime
Rate & Safe

Year-round
Sunshine

High & Affordable
Healthcare Standards

Excellent Tourist
Infrastructure

High Education
Standards

Favourable
Tax Rates

THERE’S MORE

High Living

Life is meant to be enjoyed in Cyprus, where emphasis is put on working to live, as opposed to living for work. Numerous experiences await both residents and visitors!

Akamas Peninsula National Park

The Akamas National Park lies on the west coast of Cyprus, a truly pictorial part of the island. It has an area coverage of 230 square kilometres containing valleys, gorges and wide sandy bays.

DP World Limassol

DP World Limassol port is the main cruise port of the island located on the Southern coast of Cyprus and considered as one of the largest and busiest ports of the Mediterranean.

65 Blue Flag Beaches

A total of 65 beaches in Cyprus have received the honour of the Blue Flag award in 2019, reflecting our water quality, environmental acumen and safety.

Troodos Mountains

The largest and tallest mountain range in Cyprus, boasting beautiful, scenic views all year round. Unforgettable summer adventures and exhilarating winter sports are guaranteed!

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+357 25 558 100
Monday to Friday: 08:00 – 17:00
Saturday: 09:00 – 17:00
Sunday: 10:00 – 17:00

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