If you want to live on an island with a mild climate and see the sea every day, but still do business, lead a normal life and do not feel detached from civilization, Cyprus is the perfect place for you.
This island in the Mediterranean Sea is a combination of urban rhythm of modern life and leisurely island lifestyle. In Cyprus, you can find the perfect balance between work and leisure, as well as unsurpassed quality of life.
Quality of life
Cyprus is a comfortable city with developed infrastructure, idyllic deserted beaches, excellent ecology, safety and quiet rhythm of life. Buildings – both commercial and residential – are of high quality construction and finishing materials. Almost 90% of the population of Cyprus speaks English, and hotels and restaurants are likely to have Russian-speaking employees. There are fresh fruits and vegetables in Cyprus all year round.
Business Opportunities
Cyprus is one of the best jurisdictions in the world for doing business. Cyprus has been a member state of the European Union since 2004. It has the lowest corporate tax in the European Union (12.5%) and completely lacks many types of taxes: tax on dividends, capital gains tax, etc., which exist in most countries of the world (including Russia). Cyprus has signed double tax treaties with Russia and even more than 50 countries around the world, so that persons who are tax residents of Cyprus are exempt from paying taxes in their country.
Affordable real estate
In Cyprus you will find real estate for every taste and budget: it can be a modest apartment by the sea, where you can spend your vacation (staying in Cyprus on a regular tourist visa for no more than 90 days within half a year), it can also be a more expensive apartment / house or luxury villa, giving the right to participate in the programs for permanent residence permit, giving the right to naturalization after seven years.
More expensive real estate, plus investments, entitles the applicant and his or her family members to participate in the Citizenship for Investment Program, which provides for obtaining a Cyprus passport within six months of application. We will discuss this in more detail in the next paragraph.
In addition, Cypriot real estate is highly liquid and in great demand from tenants.
It is possible to obtain coins/citizenships for investment.
There are several programs in Cyprus for investors wishing to invest in Cyprus real estate. When buying real estate worth from €300,000 an investor receives a permanent residence permit with no expiration date (provided that the investor is the owner of the property for life). In 7 years PMJ gives grounds to apply for naturalization and obtain citizenship of Cyprus.
The program “Citizenship of Cyprus for Investment” provides citizenship for the investor and his family members within six months when buying property worth 500 000 euros and investment of 2.5 million euros for a period of 5 years in the economy of Cyprus (150 000 euros will be non-refundable).
Climate
The typical Mediterranean climate prevails in Cyprus: hot summers, mild winters. Summers are usually hot and dry, winters are rainy, and the number of sunny days per year remains unchanged: about 330 – which means that the sun shines for 11 months a year.
In summer months, you can take shelter from the heat in the mountains, where, on average, 10 degrees cooler than the coast, and there is no suffocating humidity. In winter, snow falls in Troodos, and you can ski there from January to the end of March.
Education, medicine, leisure
Cyprus has an excellent level of education, there are several English and French schools, as well as colleges and universities. Health care sphere is also well developed on the island: private clinics offer a full range of medical services: diagnostics, treatment, and rehabilitation. Concerts of world stars are periodically held in Nicosia and Limassol, and theaters and ballet come on tour.
In the castle in Paphos harbor every year in early September, a three-day opera festival is held, where the best world performers come.
Cyprus has modern fitness centers, stores, sports clubs, diving, surfing and mountaineering schools, a lot of opportunities for self-development and interesting leisure – you just want to!
Ability to travel around the world
Due to its unique location (at the junction of three continents), Cyprus is an excellent place to start. There are daily flights from Cyprus to the main European and Middle Eastern capitals and the largest Russian cities. Cairo – the gateway to Africa – is located in an hour flight from Cyprus. Dubai – the gate to Asia and Australia – is in three hours of flight. You can get to the North American continent through London, Frankfurt, Munich or Zurich, which also has daily direct flights from Cyprus.
In short, Cyprus is worth moving here to live – there is absolutely everything you need for happiness!