Maispa Developers

+357 26 822 221
maispa@cy.net

110 Eleftheriou Venizelou & Santorinis Street
8021, Paphos - Cyprus

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9:00 - 13:00, 15:00 - 18:00

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About Cyprus

Cyprus: The Jewel of the Mediterranean​

Cyprus, often called the “Jewel of the Mediterranean,” is a stunning island rich in history, myth, and beauty. Known as the birthplace of Aphrodite, the goddess of love, Cyprus is a full EU Member State in the Eurozone, famous for its hospitality, vibrant lifestyle, and excellent business infrastructure. Strategically located at the crossroads of Europe, the Middle East, and Africa, Cyprus has become a thriving business hub despite its small population of 920,000. The island offers a low-cost business environment, a well-educated workforce, and an investor-friendly tax regime, making it an attractive place to live, work, and invest.

The island is divided into five main districts: Famagusta, Paphos, Limassol, Larnaca, and Nicosia, each with its own unique attractions. From the lively nightlife of Agia Napa in Famagusta to the historical sites of Paphos, Cyprus has something for everyone. Limassol is a growing business hub, Larnaca is known for its palm-tree seafront, and Nicosia is the capital and main business center.

Cyprus offers an exceptional quality of life with a low cost of living, low crime rates, and a warm, Mediterranean lifestyle. English is widely spoken, and the island is well-connected to the world through its two international airports and major ports. The island enjoys 340 days of sunshine a year, making it a year-round destination for both business and pleasure.

Cyprus also boasts a strong maritime industry, advanced telecommunications, high-standard healthcare, and a robust education system, making it an ideal location for investors, retirees, and expatriates. With the lowest corporate tax rate in Europe at 12.5%, Cyprus is becoming a preferred residency location for wealthy individuals and professionals.

Lifestyle

Cyprus offers an exceptional quality of life with a low cost of living, low crime rates, and a strong emphasis on enjoying life. The island features a blend of Greek and Arabic cuisine, inspired by the Mediterranean diet, contributing to a high life expectancy of 78 years. English is widely spoken, making it accessible to international business, alongside other languages like German, French, and Russian. The island combines its legendary hospitality and relaxed lifestyle with a thriving international business environment, where social and business activities often take place in cafes over a leisurely coffee.

Climate

Cyprus enjoys approximately 340 days of sunshine annually, with diverse landscapes including beaches, forests, and mountains. The island is a year-round destination offering activities for all seasons, from skiing in the Troodos Mountains to swimming in the Mediterranean Sea. Cyprus is proud of its Blue Flag beaches, recognized for cleanliness and safety, boasting the highest number of such beaches per coastline in Europe.

Wide Network of Air Routes

Cyprus is well-connected globally through its two international airports, Larnaca and Pafos, which are serviced by over 100 international airlines. The island has an extensive air route network linking it to Europe, the Middle East, Africa, and Asia, making travel and transportation efficient and economical

Cyprus Maritime and Shipping Industry

Cyprus is a significant player in the global maritime and shipping industry, hosting the largest third-party ship management center in the European Union and one of the largest worldwide. Its maritime registry ranks as the 10th largest globally and the 3rd largest in the EU, with around 4% of the world’s fleet managed from Cyprus.

Telecommunication

Cyprus has invested significantly in advanced telecommunications infrastructure, positioning itself as one of the world’s most technologically advanced nations. The island boasts a fully digital national network with reliable, high-speed connectivity, supported by satellite and fiber optic systems, crucial for its role as an international business hub.

Professional Services

Cyprus’ strategic location at the crossroads of Europe, Africa, and the Middle East makes it an ideal base for businesses. The economy is heavily service-oriented, with a strong presence of experienced professionals in law, accounting, and other specialties, offering comprehensive services to those investing, relocating, or retiring in Cyprus.

High Standard of Health Care

Cyprus offers high-quality healthcare at reasonable prices, attracting a growing number of health tourists. The island is becoming a popular medical tourism destination in Europe, providing top-tier medical services, timely treatments, and excellent facilities, including hospitals, clinics, and spas.

Education

Education is a priority in Cyprus, with a high percentage of the population holding university degrees. The island is becoming a major educational hub, attracting foreign students with its numerous colleges, accredited programs, and specialized institutions. The recent opening of new universities, such as the American University of Beirut – Mediterraneo in Pafos, highlights its growing reputation.

Lowest Corporate Tax in Europe

Cyprus is an attractive destination for those seeking tax advantages alongside a high quality of life. The island offers the lowest corporate tax rate in Europe at 12.5%, along with low personal income tax rates and over 60 double tax treaties, making it a preferred location for wealthy individuals, retirees, and expatriates.
Maispa Developers

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  • 110 Eleftheriou Venizelou & Santorinis Street,
    8021, Paphos - Cyprus

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Disclaimer: While every effort has been made to provide true & accurate information, this is only meant for guidance purposes & that any information contained in this presentation while correct at publication should always be checked by a lawyer & that errors & omissions are expected & accepted.

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