Cyprus has a healthy and robust economy, relying mostly on the services sector.
The country has been relatively resilient to the current economic crisis and world recession.
The strategic location of the island, the lowest corporate tax in the EU, a highly developed socioeconomic infrastructure, excellent telecommunications, a sophisticated and sound banking system, a wide range of high quality professional services and a favorable economic and business environment, make Cyprus an ideal centre for business activities.
In addition to the above, the wide knowledge of the markets of the Middle East and Central Eastern Europe regions by Cypriot businesses, combined with the large number of International Business companies in Cyprus, constitute a substantial advantage to those who decide to use Cyprus as their base for penetrating markets in these areas.
The comparative advantages which Cyprus offers as an International Business Centre derive mainly from:
Cybarco, established in 1945, is the leading luxury property developer in Cyprus.
Part of the prestigious Lanitis Group, one of the biggest corporations in Cyprus, Cybarco is responsible for bringing many of the island’s landmark projects to fruition - including Akamas Bay Villas, Amathusa Coastal Heights, Sea Gallery Villas, The Oval and Limassol Marina, the first residential marina project in the whole of Cyprus.
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