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 Why invest in Cyprus…………………

 

  • The property market throughout Cyprus is one of the fastest growing in the European Union and prices in some areas are increasing by an annual average of 20%. 

  • A comparatively low tax rate, including a Double Tax Treaty with southern Cyprus and the UK are attractions for investors. 

  • Capital Gains Tax of only 20% and Corporation Tax for Cypriot limited companies (through which you can own your property) stand at only 10%. 

  • Cyprus enjoys a high standard of living, with good facilities, including top- class golf courses. 

  • Cyprus has seen a sharp increase in the number of golf properties available, while golf property prices fetch up to 40% more. 

  • A British-based banking system in southern Cyprus, makes choosing mortgages and managing your money similar to “back home”. 

  • Tourism is predicted to grow by 4.6% over the next 10 years, contributing some 13.9% to the country´s GDP by 2014. This is good news to property investors looking for a ready market. 

  • A low cost of living often makes for an improved quality of life.

 

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