Cyprus is an undeniably attractive location for both business and pleasure. Recently, it was listed as one of the best places to relocate among a total of 23 countries worldwide. It ranked fifth on the Knight Frank Global Lifestyle Review.
Cyprus was also ranked as 32nd place in the Forbes list for best destinations for business in 2017. Forbes evaluated countries according to 11 different indicators, including property rights, innovation, taxes, technology, corruption, freedom (personal, trade and financial), red tape, investor protection and stock market performance.
The main business advantages of Cyprus include its 48 double tax treaties signed with countries from all parts of the world, a low corporate tax rate of 12.5 %, OECD-compliance, 0% tax on dividends, a fast track 6-week citizenship procedure as well as a host of favourable investment conditions.
In terms of enjoyable living, Cyprus proudly holds the 5th place among the safest countries in the world while its residents enjoy around 340 days of sunshine per year, According to a past survey of the international expat communities InterNations, Cyprus has the 2nd best climate in the world, an average life expectancy of 80 years, and an additional bonus of automatic passing on of Cypriot citizenship to future generations with no additional paperwork.
Cyprus does have one of the best business and geographical climates around the globe which definitely make it worth considering as your future forever home!