PAPHOS CITY
THE GREAT HISTORY OF PAPHOS
Often likened to an open-air history book, Paphos is brimming with ancient sites bringing the past to life every step of the way, with the entire town designated a UNESCO World Heritage Site. Paphos’ sun kissed shores are also renowned as the mythological birthplace of Aphrodite, the Greek Goddess of Love and Beauty. Situated in a prime position on the South-Western coast of Cyprus and home to its own international airport, visitors from around the world flock here to catch a glimpse of fascinating Roman mosaics, a medieval castle, frescoed churches and intricate tombs. Luring in culture lovers with high quality international festivals and performances, many of which take place in ancient open-air theatres, this leading cultural hub has been enjoying world attention and drawing in cultural investment with its status as European Capital of Culture in 2017.
LIVING THE PAPHOS DREAM LIFE!
In a town where history brilliantly befriends modernity, inspired by the past but moving full speed ahead into the future, fine cuisine is dished up at modern restaurants which surround the town’s charming old port, while the area is also home to some of the island’s 12 most glamorous hotels. The hub of Paphos town is the area’s business centre, offering specialized services from banking and accounting to legal services and more. With beaches that dreams are made of, the rugged coastline cocoons sandy bays and pebbled coves, with the crystal-clear waters are revered as some of the cleanest in the world with countless beaches in the area honoured with the world-renowned Blue Flag eco-label. The area is also home to the Akamas Nature Reserve, boasting the most beautiful untouched nature on the island, with some of the finest nature trails and panoramic views on the island.
A GREAT LIFESTYLE FOR ALL
Cyprus as a country conjures in one’s mind images of deep blue seas, ancient ruins, ancient monuments, Mediterranean breezes, and breath taking views. It also brings to mind the 9000 year old civilization which reflects throughout the island’s history. Cyprus certainly has a past of gigantic proportions, but has also demonstrated a flair for the contemporary. This is a diverse island that has much to offer its inhabitants. A nation full of history, beautiful sandy beaches, finest cuisine and multinational heritage reflects throughout the island. Cyprus has something for everyone. Easily accessible through both international airports, Cyprus may be treated as a spring board to accessing the rest of Europe and beyond. The people of Cyprus take a lot of pride in their past culture, the present and what the future hold for them as a whole and are extremely receptive of other nations and cultures throughout Cyprus as twenty percent of the population are made up of expats from all over the globe. Cyprus is a mingling of old and new. A fantastic country that’s easy to navigate. It has the culmination of the sea, mountains and everything in between making it an all round place to live, work and play.
DOING BUSINESS IN PAPHOS, CYPRUS
Cyprus has established itself on the forefront as thriving business hub, with a vast array of investment opportunities in all the sectors of the islands economy. The strategic location and together with the islands high quality of life do not only entice investors to relocate and live on the island, but also to set up or even relocate their existing businesses.
Cyprus is a perfect gateway to the EU and a perfect base for investment outside of the EU as it is strategically situated at the cross road to the Middle East, Africa and Asia. As a member of the Eurozone community, Cyprus opens up market access to 450 million EU citizens enduring both the safety and stability for the investors.
The world class infrastructure suits business people who continually need to be on the move thanks to its intricate network of highways, roads, port facilities and two new international airports based in Paphos and Larnaca. Travelling within and beyond Cyprus is fast and painless with immediate access to the Rest of the EU.
Cyprus also covers a range of high-quality financial services backed by highly skilled professionals in a dynamic business centre by educated and skilled individuals that are multilingual and ready to serve any business. Cyprus has the perfect ingredients to maintain a strong and healthy economy due to its productive labour force, business friendly and good free market governance.
The country’s advantages are significantly enriched by a transparent legal framework based on the English common law principles together with an attractive tax regime offering high incentives to both legal and natural persons. This system is widely recognized as a business friendly and efficient system ensuring transparency and ethical business practices. Cyprus’ legal system fully complies with the EU, the Financial Action Task Force (FATF), OECD, FATCA, the financial Stability Forum laws and regulations and European Union AML directives.
Moreover, Cyprus offers a corporate tax rate of 12,5%, one of the lowest in the EU with a network of more than 60 Double Tax Treaties with other countries. The island offers investors both international and domestic the confidence to grow and prosper.