Living in Cyprus

Cyprus offers an attractive setting for expats and their families looking to relocate.

This Mediterranean island boasts a charming lifestyle, characterized by constant sunshine, distinct natural scenery, and a culture and history that is both rich and varied, catering to a wide range of preferences and styles.

The country provides top-notch healthcare via its National Healthcare System, and its robust education sector delivers outstanding, multilingual and internationally-accredited educational programs, spanning from kindergarten to university.

A Glimpse of Life In Cyprus

Cyprus sun 300 days

300+ Days

OF SUN

low crime in cyprus

Very Low

CRIME RATE

Cyprus rising gdp

Rising Return on

INVESTMENTS

euro cyprus currency

Euro €

CURRENCY

beach in cyprus move to cyprus with property lawyers

Key facts and figures about Cyprus

Cyprus, the third-largest island in the Mediterranean Sea, is strategically situated in the eastern Mediterranean, at the crossroads of Asia, Africa, and Europe. Its major cities include the capital Nicosia, along with Limassol, Lamaca, Paphos, Famagusta, and Kyrenia. The island is linguistically diverse, with Greek and Turkish as its official languages, and English being widely spoken. As of 2023, Cyprus has a population of approximately 1.26 million.

The nation adopted the Euro as its currency in January 2008 and is a part of the Eurozone. Cyprus aligns with the 2+ GMT time zone and has been a full member of the European Union since May 2004. The legal system in Cyprus is primarily based on the English Legal System, reflecting its history of common law. For air travel, the island is served by two main international airports, Larnaca and Paphos. Additionally, like in the UK, driving is on the left side of the road in Cyprus. Speak with our lawyers in Cyprus for further information.

Cyprus As An Investment Destination - An Island Between Europe, Middle East and Africa

Cyprus’s strategic location and rich history have long established it as a vital center of trade and culture. Its accession to the European Union in 2004, coupled with the adoption of the euro in 2008, has positioned Cyprus as an attractive destination for foreign investment. The island’s modern legal and tax frameworks have transformed it into an international business hub, offering lucrative incentives for business expansion and wealth investment.

Additionally, Cyprus is renowned as a multifaceted tourist destination, boasting a cultural heritage spanning over a millennium, hospitable locals, and sunny weather for over 300 days a year. Its stunning beaches, high-standard resorts, and marinas provide a blend of leisure and business facilities, including professional services for conferences.

Significantly, the discovery of oil and gas reserves in Cyprus’s Exclusive Economic Zone is set to enhance energy independence and potentially establish Cyprus as a new energy hub for Europe. Despite global financial challenges, Cyprus has displayed resilience and adaptability, safeguarding its interests through innovative strategies and a modern business environment.

The Cypriot government’s dedication to fostering Foreign Direct Investment is evident in its policies and initiatives, such as the revised Permanent Residency Programme, which offers clear incentives and strict controls to prevent misuse. This program allows non-Cypriot citizens meeting specific economic conditions to obtain Permanent Residence, further enhancing Cyprus’s appeal as a stable and secure investment locale.

why cyprus invest in cyprus - cyprus is between the middle east, europe and africa

Main Advantages of Moving to Cyprus

Cyprus is a democratic country with political stability and emphasis on full protection of human rights.

The English language is spoken by the vast majority of the population, which makes it easier for non Cypriots to live and prosper in the country. Russian is also spoken by a large percentage of people.

It enjoys a high standard of living and quality of life with a modern and highly developed infrastructure and excellent telecommunications, ranked as the fifth best place to relocate by Knight Frank Global Lifestyle Review.

A secure and safe environment for the whole family to enjoy a stress free lifestyle.

Cyprus has a very high standard of Education across all sectors. There are excellent private schools for both junior and secondary level foreign pupils. These schools are directly linked to the UK education system allowing graduates to easily obtain entry into the top UK Universities. Cyprus also has a wide selection of English speaking Universities which are directly related to UK and USA Universities.

Cyprus has the lowest corporate EU tax rate which is 12.5% and its evitable geographical position between Asia, Europe and Africa makes Cyprus the ideal place to invest as it is a gateway for many emerging nations such as China, Iran and India to expand further their business throughout Cyprus.

No inheritance tax applicable and no estate duty.

No taxation on foreign source income received in Cyprus.

Cyprus provides excellent health care at low cost through the GESY. Each major town has its own Government Hospital, in addition to many private hospitals and clinics throughout the country.

Cyprus Low Crime Rate

In Cyprus, peace of mind isn’t just a feeling – it’s a way of life. Ranked as one of the safest countries in Europe, Cyprus offers an environment where you can live, work, and play with an unparalleled sense of security. The low crime rate here isn’t just a statistic; it’s a testament to the close-knit community and the effective law enforcement that prioritizes your safety. Imagine a place where you can stroll through charming streets at night, let your children play outside without worry, and leave your door unlocked without a second thought. In Cyprus, peace isn’t just found in tranquil landscapes, but in every aspect of daily life.

lawyers in cyprus, visiting the cyprus beaches

Relax by the Beach

Cyprus is not just an island; it’s a slice of heaven where the sun kisses the sea. Here, ‘relaxing by the beach’ is not a once-a-year vacation activity but a daily routine. Imagine stepping out of your home to find yourself amidst golden sands, crystal-clear waters, and the soothing sound of waves. Cyprus offers a variety of beaches – from bustling, vibrant shores to secluded bays – ensuring that every day feels like a tailor-made holiday. Whether it’s sipping a cool drink under a palm tree or taking a sunset swim, Cyprus brings the beach vacation experience to your doorstep.

Centre of The Med

Situated at the crossroads of Europe, Asia, and Africa, Cyprus is more than just a geographic marvel; it’s a melting pot of cultures, cuisines, and opportunities. Living in Cyprus means being at the heart of the Mediterranean – a strategic location that not only offers stunning landscapes but also serves as a gateway to diverse experiences and business opportunities. Here, you’re at the center of it all – perfectly positioned to explore the Med’s rich tapestry of history, culture, and natural beauty, while enjoying the benefits of a well-connected international hub.

lawyers in Cyprus aerial view of the beach
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Cyprus' Culture & History

Cyprus is a land where history breathes through ancient ruins, UNESCO World Heritage Sites, and vibrant cultural festivals. Every corner of this island tells a story, stretching back thousands of years. From the mythological birthplace of Aphrodite to the Byzantine churches, Cyprus is a mosaic of historical wonders. Living here means immersing yourself in a culture that’s as rich as it is diverse – where traditional handicrafts, folk music, and legendary Cypriot hospitality are not just preserved but celebrated in daily life. Embrace the chance to be part of a living history, where the past and present coexist in perfect harmony.

Cost Of Living
Affordable Luxury in the Heart of the Mediterranean

In Cyprus, a high quality of life doesn’t mean a high cost of living. This gem in the Mediterranean offers a lifestyle that balances luxury with affordability. From modern amenities to healthcare, education, and leisure activities, everything here is designed to offer you the best without breaking the bank. Whether you dream of a cozy seaside apartment or a villa with mountain views, Cyprus makes it achievable. Enjoy fine dining, world-class shopping, and a vibrant nightlife, all while benefiting from lower living costs compared to many Western European countries. In Cyprus, you don’t just live; you thrive.

Looking for an opportunity in Cyprus?

Get in touch with our Lawyers in Paphos. We service all of Cyprus.