Cyrpus EU Citizenship, Real estates, Jordan, Amman, Cyprus, Buy/rent appartments villas, and real estates.

Cyprus Economy
By the independence in 1960, Cyprus has transformed into not only a major tourist destination but also into a modern economy offering dynamic services with advanced physical and social infrastructure. Specifically, the industrial, the agricultural and in a greater degree the service sector have been rapidly developed.

Governmental stability makes Cyprus a very attractive destination. As of the 1st of January 2008 Cyprus entered the Euro zone. Within the Euro zone, Cyprus can ensure economic stability through the minimization of the exchange-rate and transaction risks, as well as through forming a shield against the external international shocks. The experience of the ongoing global credit and economic crisis is evidence of the above fact.

Besides all well-known social and economic advantages of being a member of the EU, the developmental assistance which can enhance the underdeveloped urban and the vulnerable rural areas is considered one of the major rewards for the island. These areas must grow effectively, without distorting but enhancing their natural and cultural environment.

Therefore, the inequality of the economies of urban and rural areas can be eliminated.
Since 1st of May 2004 Cyprus is a European Union Member State. The island has successfully faced the challenge of European integration and its accession to the European Union occurred without any insurmountable difficulties.

The Republic of Cyprus is actively involved in a number of international organizations including the United Nations, the Inter- Parliamentary Union, the International Monetary Fund and of course the European Union and its sub-organisations.

• ViewFull Member of European Union & Euro Zone
  
  
• Strategic Location: Europe’s Middle Eastern Outpost
  
  
• Advanced Telecommunications Network and Infrastructure
  
  
• Highly Qualified and Multilingual LabourForceLiving and Working on the Island for All Seasons

Cyprus Tax System –A Major Plus 
  •10% corporate tax, lowest in EU; DTT with more than 40 countrie

Macroeconomic Stability & Successful Economic Performance  
  •EVEN in 2008, real GDP growth rate reached 3.7, well above the EU27 average

Proven Track Record for FDI
•Attracted a 1262.3m Euro in 2008, long-term trend is positive and holds higher potential

Efficient Legal, Accounting and Banking Services

Reputable International Shipping Centre
•Ranked among the 10 leading maritime nations; 50 foreign companies operating in Cyprus

Cyprus is the leading International Business Centre and has the most value added proposition
for foreign investment and business growth

In a globalized economy where multinational companies are pressed to maintain and increase quality while cutting costs to meet increasingly higher client expectations, Cyprus provides a complete value proposition…..

•European Union Member State

–After a long journey of over three decades, the Republic of Cyprus became a full member of the EU on May 1, 2004

–Accession to the EU was a natural choice for Cyprus, driven by its culture, civilization and history, as well as its unwavering commitment to the values of democracy, freedom and justice

–Accession to the EU has also launched a new era of commitment to growth in Cyprus. Cyprus encourages

–Foreign Direct Investment opportunities in the priority economic growth sectors, highlighted in the country’s Strategic Development Plan 2007-2013

•Tax system is a major plus

‒Cyprus offers an advantageous tax system for international business. The uniform corporate tax rate of 10% is the lowest in the EU

•Macroeconomic stability with successful economic performance

–Cyprus's real GDP growth rate is well above the average growth rate of EU 27 as well as that of Eurozone

–Specifically, in 2008the real GDP growth rate reached 3, 7%. The annual growth rate is expected to continue in such high levels in the future

–Cyprus enjoys macroeconomic stability which is reflected through various indicators including Real GDP Growth

 •FDI (Foreign Direct Investment) track record

–Cyprus is one of the most attractive locations for foreign investments, ranking among the frontrunners of the world indicating both high FDI performance as well as high FDI potential, based on the latest World Investment Report of UNCTAD published in 2006

–In 2008, Cyprus attracted a total of 1262.3 million Euro in Foreign Direct Investment (FDI)

–The long-term FDI trend is positive, and Cyprus has the potential to attract even higher FDI

•Efficient legal, accounting and banking services

–Acknowledging that information and knowledge would be the drivers of sustainable growth in the global economy of the future, Cyprus has undertaken a major role in facilitating the exchange of ideas, services and support among professionals worldwide

 •Strategic Location Europe's Middle Eastern Outpost

–Cyprus's strategic location at the crossroads of three continents has been a major factor in shaping its history throughout the centuries and its development into not only a major eastern Mediterranean trading post but also a reputable international business and services center

–Unsurprisingly, Cyprus is one of the key international transshipment centreswith substantial amount of products re-exported; amounting in 2005 to approximately €802 million Euros

•Advanced telecommunications network and infrastructure

–Transportation Two international airports, a modern road network and multipurpose port facilities have long established Cyprus as a commercial, financial and business center in the region

–More than 33 Airlines operate scheduled flights from and to LarnacaInternational Airport (5 km from Larnacatown centre) and PafosInternational Airport (15 km east of Pafostown)

•Highly qualified and multilingual labourforce

–Cyprus has a young, well-educated talent pool. The country is committed to education and is focusing on reforms to achieve sustainable growth.

–Since 2004 Cyprus has consistently allocated over 6% of GDP of public expenditure on Education

•Reputable International Shipping Centre

–Cyprus is a highly reputable international shipping centre, ranking among the 10 leading maritime nations in the world; with a merchant fleet exceeding 21 million gross tonnage and nearly 2000 vessels

–Ship Management Cyprus constitutes one of the largest ship management centresin the world; around 50 ship management companies and marine-related foreign enterprises are conducting their services in the island

•Living and working on the island for all seasons

–Cyprus offers a wonderful environment for a very comfortable standard of livingindicatively, according to the latest publication of the Human Development Index which is a measure of the standard of living of a country, published by the UN Development Program (UNDP) in 2005, Cyprus ranks as the 28th highest in the world, with 90.3 points.Thehighest score was 96.8 points