For anyone looking for investment opportunities, it’s an exciting time, but it can also be fraught with worries and concerns. Of course, everyone wants to make a wise investment. Making the right decision could transform your business, so it’s well worth looking into making your investment in Cyprus, and here’s why…
Cyprus is member state of the European Union
Cyprus gained full membership of the European Union in 2004 and has used the Euro as its official currency since 2008 giving Cyprus businesses full access to the EU market.
There are some solid tax benefits
At just 10%, Cyprus has the lowest level of corporation tax across the entire European Union. There are many double tax treaties including a good treaty with the Russian Federation. In addition, profits from overseas permanent establishments are exempt from tax.
Very well located
Cyprus sits at the edge of three continents making it ideal for dealings all over Asia, Africa and Europe. This also makes it a great transhipment centre.
Superb banking and professional services
All your banking needs are well taken care of in Cyprus with confidentiality being a high priority. You will also benefit from the many highly skilled professionals for all your legal and financial requirements.
An ideal workforce is available to you
Cyprus is committed to education and this is shown by the high level of talented young professionals available for employment within your businesses. With English being the predominant language, and Russian widely spoken too, communication with a Cypriot workforce will pose no problems.
Everything runs smoothly in Cyprus due to advanced shipping, transportation and telecommunications systems. Submarine cables connect Cyprus to Europe, Asia and the Middle East. Road and air transportation is good and fast. Flight times from Cyprus to London, Dubai and Moscow are just four hours and due to the size of the island, you’re never too far from a main road or airport.
A good economy
Cyprus boasts a great record for economic performance due to the up-to-date service-based free-market economy.
High FDI ranking
Cyprus ranks among the best in the world for high FDI performance and high FDI potential and constantly strives to attract more FDI.
A well respected International Shipping Center
As a shipping center, Cyprus ranks among the top 10 maritime nations and is very highly regarded. Many of the world’s largest ship management companies have offices in Cyprus and due to the island’s advantageous location, worldwide shipping markets are easily accessible.
Low levels of crime
Cyprus benefits from one the lowest crime rates in the whole of Europe. It’s certainly a safe and secure place both to live and to operate a business.
Better business, better life
When you work hard, you also need to take time out and reduce the stress that seems to come hand-in-hand with running a business. In Cyprus, stress levels are much lower. Business is done in a more personal way, in tune with the slower place of life on the island. During your down time, you can take advantage of the beautiful climate, unwind on the beach, admire the stunning scenery and enjoy all the culinary delights the island has to offer.
Investment in Cyprus will be well rewarded
As you can see, there are so many reasons why investing in Cyprus makes good solid business sense. Cyprus is the perfect location both for business, and for your own well-being. If you’re looking to invest in property, then do take a look at the wide range of projects from Giovani Group. An investment in Giovani is a wise choice with some great returns.