Cyprus is an island nation in the Eastern Mediterranean, located south of Turkey 🇹🇷 and east of Greece 🇬🇷, with a population of about 1.2 million people.

📌 The country’s economy is service-oriented, including the financial sector, tourism, and high technology, while agriculture and industry play a smaller role.

📌 Cyprus is a member of the European Union, which contributes to its economic development.

Cyprus is an attractive destination for investment due to:

✅ A stable economy 📊

✅ A favorable tax system 💰

✅ A strategic geographic location 🌍

1️⃣ Stable economy and GDP growth 📈

📌 In 2023, Cyprus’s economy showed a GDP growth of 3.9% compared to the previous year.

✅ This figure reflects the country’s dynamic development and its resilience to external economic shocks.

2️⃣ Attractive tax system 💵

📌 Cyprus offers one of the lowest corporate tax rates in the European Union — 12.5%.

📌 The country has double taxation avoidance agreements with more than 60 countries 🌍.

✅ This helps reduce the tax burden for international investors.

3️⃣ Developed investment sector 📊

📌 By the end of June 2024, 330 investment firms were registered in Cyprus 📑, up 0.6% compared to March of the same year.

📌 The total assets of these firms reached €6.848 million, up 0.9% since March 2024 and 10.1% compared to June 2023.

✅ This demonstrates the steady growth of interest in Cyprus’s investment sector.

4️⃣ Attraction of international companies 🌍

📌 From 2018 to 2022, the number of registered international companies in Cyprus increased by 20%.

✅ This indicates a growing interest from foreign investors in the Cypriot market.

5️⃣ Flexibility in international financial structures 🏦

📌 Cyprus offers great flexibility in establishing international financial and holding companies.

✅ This allows investors to effectively structure their business operations and assets.

✅ Cypriot companies can benefit from convenient conditions for international transactions and minimized bureaucracy.

6️⃣ Confidentiality of financial transactions 🔐

📌 Despite its openness as a financial hub, Cyprus has laws that ensure a certain level of confidentiality for foreign investors.

✅ In the past, Cyprus was known for its practice of maintaining confidentiality for account holders and businesses.

✅ This can be an important factor for investors interested in a private and protected business environment.

7️⃣ Growing real estate market 🏗️🏠

📌 Cyprus’s real estate market shows steady growth.

📌 In 2023, property prices increased by approximately 10%, and the number of transactions rose by more than 40%.

✅ The cities of Larnaca and Paphos are particularly promising, offering significant potential for property value growth.

8️⃣ Strategic geographic location 🌍

📌 Cyprus is located at the crossroads of Europe, Asia, and Africa, serving as an important logistics and trade hub 🚢.

✅ This gives investors access to markets on three continents.

✅ Its strategic position enhances its appeal to international business.