Welcome to Cyprus

Boasting a rich and diverse culture, Cyprus offers investors a safe and stable environment which is ideal for raising families. At the crossroads of Europe, Asia, Africa and the Middle East, Cyprus is the perfect setting for global travel. An important member of the European Union, it is also an active member of the British Commonwealth. The Cyprus Citizenship by Investment Program is ideal for business and investment purposes recognizing numerous investment opportunities for investors.

Country Background:

  • Officially known as the Republic of Cyprus, the nation has a population of 1.1 million.
  • Cyprus became a member of the European Union in 2004 and the British Commonwealth in 1961.
  • In 2008 the country adopted the euro, becoming part of the Eurozone currency union.
  • With a GDP of $28,000 per capita, the country is an advanced, high income economy with a very high score on the Human Development Index.
  • Cyprus boasts an established off-shore banking sector plus the lowest corporation taxes in the EU making for attractive international tax planning possibilities, plus many tax exemptions exist for non-residents with free trade within the European Union
  • The Island has signed double taxation treaties with 43 countries. The legal system is based primarily on English Common Law.
  • English is widely spoken and understood in business and everyday life.
  • Offering a warm Mediterranean climate, the island has over 340 days of sunshine per year.
  • Excellent education system with a number of high standard schools and universities and first-rate healthcare;
  • Tourism, financial services and shipping contribute significantly to the economy and recently offshore gas fields have been discovered.
  • Real Estate yields and prices are rebounding strongly since reaching historical low price points during the global financial crisis.

At Savory & Partners we assist our clients in choosing the most suitable Cyprus Citizenship by Investment Program ensuring global mobility for our clients and their families.  We evaluate all possible solutions in relation to potential strategies; guide and refer the application for their Cyprus Citizenship to the Cypriot government. We follow up strategically to monitor how it is being processed.

Country profile

  • Total Area: 442.6 sq km
  • Population: 90,156
  • Ethnic Groups: Black, Mixed, White, Other
  • Languages: English & local dialects
  • Currency: Euro
  • Exchange Rate: (as of August 2015): US$ 1.00 = 0.90 EUR

Prequalify your application for second citizenship by completing the following form:  

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