About Cyprus

Cyprus is a unique island in its location, tax legislation, climate and natural resources. Living in Cyprus is good, owning attractive investment real estate and business on its territory is even better.

An easy tax system and investment citizenship programs annually attract businessmen and tourists from all over the world to the country who want to obtain an EU passport, invest in real estate, and optimize expenses so that the profits of their enterprises and real estate are not subject to unreasonably huge taxes.

In March 2014, the Government of Cyprus adopted a legislative amendment that allows foreign investors to obtain Cypriot (EU) citizenship and a Cypriot passport through a special government program.

The essence of the program is that the investor invests his choice in real estate, government bonds of Cyprus or places funds on a bank deposit and, as a result, receives Cypriot citizenship in 6 months for the whole family, including the investor’s parents.

The favorable investment climate of Cyprus promises Cypriots and citizens of other countries who have registered their enterprises in the territory of the Republic of Cyprus, reside or own real estate here, good prospects in terms of taxation and investment programs. Taxes in Cyprus provide a lot of benefits and withstand any competition, and the real estate market remains attractive for both Russian citizens and investors from other countries.