Benefits of Buying a Home in Cyprus

Cyprus is part of the EU, the British Commonwealth, the Eurozone, and a member of the World Trade Organization and the World Bank. The country offers a favorable tax policy and a GDP that annually increases.

Being an EU member since 2004, Cyprus ensures a safe and stable environment for investors by offering them market access to more than 500 million EU citizens. In addition, Cyprus boasts a developed infrastructure and a rich choice of entertainment. Apart from the financial advantages, exciting features like a pleasant climate, beautiful nature, ancient history and culture, excellent health and education systems are important factors for buying a home in Cyprus.

The tax benefits of living in Cyprus

The tax benefits of Cyprus, along with its exceptionally beautiful landscape, warm sunny climate and rich culture, have the island growing in popularity among British expatriates.

Are you thinking of moving to Cyprus? There are many benefits to living on this Mediterranean island and, while taxation may not be top of your priorities when looking for a new home, it’s certainly encouraging to know that the local tax regime is relatively attractive.