The sun, the sea, the sand and the grilled Haloumi! The third-largest and third-most populous island in the Mediterranean, Cyprus is well known for its fine weather and it’s relaxed and comfortable lifestyle. Additionally, residents will be happy to know that Cyprus boasts one of the lowest crime rates in the wider region, and some of the cleanest and safest Blue Flag beaches in the world.
At the same time, the island being part of the EU includes an open, free-market economy with continuously enhanced laws and regulations, systems and infrastructure, attracting many European and regional companies looking to take advantage of its friendly tax and regulatory systems as well as double tax treaties with 45 partner countries.
Home to many thousands of foreign permeant residents, Cyprus has a number of large and multi-cultural expat communities from the UK, Russia, Lebanon all contributing to a vibrant international economy. Over the years Cyprus has become a well-known business hub bridging the gap between the EU, The Gulf and Northern Africa, due in no small part to its high quality of telecommunications infrastructure and a growing pool of high-tech talent.