Why Cyprus

Cyprus has become a popular investment hub.

For wealthy individuals looking for permanent residency in a European nation, the scenic island country of Cyprus in the Eastern Mediterranean is becoming an increasingly popular choice, thanks to its “golden visa” program, where residency or citizenship can be acquired via investment.

Cyprus has one of the lowest corporate income tax rates in the EU, at 12.5% which can be further reduced to as little as 2.5% by applying Notional Interest Deduction (NID). Also, there is no capital gains, inheritance or estate tax, and significantly, there is zero tax on dividends–so it can make a lot of sense financially for Investors obtaining the Cypriot Passport.

Additionally, Cyprus maintains a highly professional workforce to provide support to international business. The legal system is based on English common law and English is fluently spoken throughout the island. The accounting and legal sectors are highly developed and the country enjoys a high standard of living, excellent telecommunication facilities and infrastructure in a stable and low-crime environment with excellent weather.

Cyprus also enjoys first-rate business relations and flight connections to Europe, Africa and the Middle East, a wide network of air-routes offering excellent connections to Asia, as well as modern ports and first-rate sea connectivity.