With its warm and stable climate and convenient geographical position Cyprus is considered an attractive place for residence. At least 320 days of sunshine a year classify the island as one of the sunniest European locations.
Cyprus has recently been designated the 5th best relocation destination in the world by a report published by a leading independent global consultancy firm. Ranked by key business and leisure indicators, Cyprus was the only European country alongside Switzerland to make it into the top 5 - ahead of London, Madrid and Monaco.
In addition to pleasant weather, the investment landscape in Cyprus is beneficial due to the Islands well- qualified labour force, attractive taxation and a reliable transport and telecommunications system.Cyprus ranks highly because of its favourable tax regime for new residents, particularly high net worth individuals.Recent studies conducted by global immigration experts deemed the Cyprus citizen by investment programme among the ' best in the world '
Cyprus has a modern, free market,service-based economy, with an effective and transparent regulatory and legal frame work, giving international investors and businesses confidence to invest, grow and prosper.
Cyprus presents a high standard of living due to its access to reputable private schools, trustworthy private medical facilities and having among the lowest crime rates within Europe.
Cyprus enjoys a very high standard of living. A total of 180,000 foreign nationals live and work in Cyprus, making it a very diverse and cosmopolitan place to live.
After seven long years of house price falls, Cyprus housing market is now showing some improvement, amidst a recovering economy. House prices are forecast to rise by 2% over the next 12 months, transactions are rising and residential construction is also increasing. This is now the perfect time to buy a property in Cyprus !