Cyprus is one of the attractive countries to do business, cyprus passport by investment is regarded well in the world. The quality of life in Cyprus is very high in terms of spending. It is very beautiful; tourism is also growing the GDP, so it is in your interest to invest there. It is also one of the safest countries in the European Union. Due to its unique location, individuals invest in the real estate business.
Beautiful Geographical location
Cyprus is an ideal investment place in the European Union. The best part is its connection with Asia, Africa, and Europe makes it unique for the investment. Investment in Cyprus will give you profit.
In Cyprus, the government applies friendly taxes helping both the government and the people of Cyprus. In the European Union, Cyprus has the lowest corporate income tax at 12.5%. No taxes collected on bonds, shares, and debentures. For shipping companies, they collect tonnage tax. If you are new in Cyprus, then you don’t have to pay any tax.
Infrastructure in Cyprus
The infrastructure in Cyprus is also one of the main reasons to invest there. They have advanced roads, sea, and air transports services. You need to invest in these areas, and these services are continuously growing. If you have the money, you can invest in the shipping business because Cyprus has two deep seaports, which are very helpful for business. Ships can travel there without any problem. Air services are also at best due to its advanced modern airports. Cyprus air services manage about ten million visitors per year.
Member of the European Union and Euro as Currency
Cyprus became a member of the European Union, and having a currency Euro makes it a special place for the investments. After Cyprus’s addition to the European Union, they are progressing quickly. European Union is also helping the companies of Cyprus with its funds.