Cyprus - The Island

Cyprus’ rich heritage, diverse culture, and legendary hospitality mean that one and all are warmly welcomed and made to feel at home on the island. Its leisure profile, meanwhile – spanning beautiful beaches, fresh air, wonderful Mediterranean climate, and cosmopolitan cities – is unsurpassed in terms of offering low-cost but high-standard living.

The island’s modern, free-market, service-based economy, and advantages tax and business conditions, make it a favoured destination for professional pursuits.

Further to existing, mature pillars of the economy, spanning financial and professional services, shipping, tourism, commerce, and more, the discovery of substantial hydrocarbon reserves in the island’s Exclusive Economic Zone is attracting great attention, and has resulted in a surge of foreign direct investment and development.

Concurrent to these bountiful business opportunities, Cyprus is a safe and stable location, replete with superior English education opportunities and world-class properties, making it an ideal location for families and students.

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Optimum Corporate Conditions

Companies headquartered in Cyprus benefit from a favourable tax regime and full European status.

The island boasts one of the lowest corporate tax rates worldwide at just 12.5% (alongside numerous additional tax advantages), which is one of the key reasons that Cyprus has become a favoured investment destination.

Moreover, Cyprus’ business environment is brimming with advantageous qualities, inclusive of its strategic location at the crossroads of three continents, its superior legal, banking and accounting services, its highly educated and skilled workforce, and its excellent infrastructure and telecommunications network.

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Investing in Knowledge

With Cyprus being a full EU member, its citizens are permitted the luxury of investing in their knowledge and future at one of Europe’s historic and prestigious education institutions.

Indeed, many High Net Worth Individuals are further attracted by the prospect of acquiring Cypriot permanent residency through a property investment so that they can offer their children the opportunity to study at a renowned European institute.

From primary school to university, EU citizens have the right to attend any school for free or with significantly reduced tuition compared with international rates.

Of course, Cyprus’ education landscape itself is being enriched year by year, with existing universities and colleges constantly expanding their programmes, as well as establishing exclusive partnerships with renowned European counterparts, making local institutions just as attractive.

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Local Higher Education Institutions in Cyprus

Paphos offers a range of opportunities for higher education. With its welcoming atmosphere, excellent academic institutions, and picturesque surroundings, Paphos has become a popular destination for students seeking quality education.

The city is home to renowned universities and colleges, such as the prestigious American University of Beruit – Mediterrano and Tepak University for Tourism.

With dedicated state-of-the-art facilities, and a vibrant student community, Paphos is an ideal location for those seeking a well-rounded and fulfilling higher education experience.

American University of Beruit – Mediterrano

The American University of Beirut – Mediterraneo, located in Pafos, Cyprus, builds on AUB’s 150-year legacy, blending innovation with cultural exchange.

Guided by a vision of societal and technological advancement, it bridges Lebanon and Europe.

Offering pioneering courses under the American liberal arts model, it fosters experiential learning and diversity, backed by top-tier facilities and research.

Tepak University for Tourism

TEPAK, the Technological University of Cyprus, stands as a beacon of innovation in the heart of Paphos.

Envisioned to empower Cyprus’s youth in the evolving digital age, its expansion includes forthcoming student accommodations, laying the foundation for a vibrant, residential campus.

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