Invest in Cyprus

The island of Cyprus is more than just a beautiful place for vacationing – it is also a highly attractive place for investors of every ilk looking for a solid place to invest their hard-earned dollars. When analysed properly there are several reasons to invest in Cyprus.

The island has a fantastic tourist sector that continues to grow yearly. Cyprus also has an excellent business sector that has become a popular off-shore haven for investors. Furthermore the island’s economy has been on a steady rise and is once again expected to grow by a decent 3.8% over the year.

Cyprus has also invested in an Investor Service Centre, which is operated by the Ministry of Commerce, Industry and Tourism. The centre’s mandate is to attract and support foreign direct investment; as well the centre is responsible for ensuring that investor needs are met.

The very location of the island is favourable for investing as it is strategically located at the crossroads of three continents. Cyprus is also a member of the European Union and offers investors one of the lowest corporate tax rates in the EU.

The island’s economic stability is further enhanced by a very strong economic performance that has been bolstered not only by its tourist and business markets but also by its red hot property market. Another plus is that Cyprus transitioned to the Euro on Jan. 1, 2008.

Along with the many economic reasons for investing in Cyprus is the island’s clement weather, its surpassing beauty and the government’s active marketing of the island as a place to invest.

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