Why Cyprus
Discover Cyprus: More Than Just an Investment
Living in Cyprus, an EU Member State since 2004, is about much more than just great investment opportunities and attractive business benefits. It’s a country that offers a truly exceptional lifestyle, boasting a top-tier climate for residents and a renowned reputation for its rich cultural heritage, vibrant atmosphere, and unparalleled hospitality.
Safety, Culture, & Charm
Safety is a cornerstone of life in Cyprus; studies consistently rank it among the safest countries in the world. Beyond its safety, Cyprus embraces a welcoming and open culture, eager to share its traditions and embrace newcomers. Millions of visitors each year are drawn to the island’s captivating music, delectable food, inspiring art, fascinating museums, and ancient antiquities.
A Deep Dive into Opportunity
Severe Shortage of Rental Units: There’s a critical shortage of rental apartments in Cyprus, especially in urban areas.
Rising Demand: Demand continues to surge due to the relocation of technology companies and an influx of international workers.
Increasing Property Prices: Property prices have risen by 20-30%, making homeownership challenging and pushing more people into the rental market.
Construction Lagging Behind Demand: The pace of new construction simply isn’t keeping up with the high demand.
Tenant Preferences Evolving: Today’s tenants are looking for more than just an apartment; they desire amenities and a high quality of life, such as complexes with gyms, co-working spaces, and more.
There’s immense potential for BTR investments in Cyprus right now.
Advantages for Investors in Cyprus
- Special benefits provided by the government for hi-tech companies, as well as for general companies and investors.
* Corporate tax : 12.5% only – no tax on dividends.
* Tax on hi-tech companies: 2.5% , mo tax on dividends.
* Tax exemption on income up to 19,500 NIS per person.
* When acquiring an asset, there is no acquisition tax and no property tax. - Fluent English speakers (all service providers).
- Estimated expected return on investment for long-term rentals: 7%-8%. For short-term rentals, it can reach 10% and above.
CYPRUS RESIDENCY BY INVESTMENT
A SECURE PROPERTY INVESTMENT PROPOSITION IN CYPRUS.
Cyprus Residency Programme by Investment is the simplest and quickest route to obtain a Cypriot permanent residence permit. The programme offers the opportunity to reside in Cyprus and enjoy access to EU travelling. It is not required to live on the island, however, PR holders must visit once every 2 years. It is a simple and fast-route investment with associated benefits for the main investor.
