overview
Cyprus, located in the Eastern Mediterranean, is known for its stunning beaches, rich cultural heritage, and strategic location. Its economy is driven by tourism, shipping, and financial services, with a growing emphasis on renewable energy and technology. The island’s ancient ruins, such as those in Paphos, vibrant cities like Nicosia and Limassol, and diverse landscapes ranging from pristine coastlines to mountainous interiors attract visitors and expatriates seeking a blend of history, modern amenities, and Mediterranean charm.
overview
National Anthem
Ὕμνος εἰς τὴν Ἐλευθερίαν
Independence Day
October 1, 1960
Haiko
Olive trees sway slow / Ancient ruins kiss the shore / Halloumi melts gold
Interesting Tradition
Holds "Anthestiria," a flower festival celebrating spring with parades, music, and floral decorations.
Weirdest Local Superstition
Don’t sit at the corner of a table, as it is believed to bring bad luck
Strangest Law Still on the Books
Illegal to eat or drink anything while driving
overview
Come for the sunshine, stay for the innovation: Cyprus blends its Mediterranean charm with a growing focus on technology, finance, and tourism. Life flows between morning walks along sunlit coasts and afternoon work in Limassol’s business hubs, while evenings embrace vibrant tavernas and cultural festivals. With attractive incentives for investment and a strategic location, Cyprus is emerging as a key destination for global professionals.
overview
Experience a Mediterranean gem where ancient ruins and modern luxuries coexist in perfect harmony. Here, every corner of Cyprus beckons with golden beaches, timeless culture, and a lifestyle that blends innovation with tradition.
overview
Known for its crystal-clear waters and ancient ruins where every corner tells a story of Mediterranean charm.
Cyprus isn’t just a country—it’s an island where legends and landscapes come alive. Here, time stretches from Aphrodite's shores to modern Mediterranean charm, and even a simple walk through its villages becomes a story of history and hospitality. This is a land where rich traditions and azure seas blend seamlessly, creating an eternal allure.
From the mythical birthplace of Aphrodite to the golden sands of Nissi Beach, Cyprus offers a Mediterranean escape for every traveler. Whether you're drawn to the ancient ruins of Paphos, the vibrant streets of Limassol, or the serene beauty of the Troodos Mountains, you'll find an island steeped in history and natural wonder. With its warm hospitality, flavorful cuisine, and sun-kissed shores, Cyprus invites you to explore the crossroads of civilizations and create unforgettable moments.
Statistics
Eat
Souvlaki (grilled meat skewers)
Drink
Commandaria (sweet dessert wine)
overview
Beer
Annual consumption (liters per capita)
Wine
Annual consumption (liters per capita)
Coffee
Annual consumption (liters per capita)
Tea
Annual consumption (liters per capita)
overview
overview
Representative Novel
The Cypriot Trilogy by Christos Christodoulou (A series of novels that explore the history, politics, and cultural tensions in Cyprus, focusing on the island's division).
National Animal
Cypriot mouflon
National Pasttime
Football (Soccer)
National Souvenir
Halloumi cheese
National Dish
Souvla
Famous Festival
Kypria International Festival
Famous Dance
Syrtaki
Famous Music
Laiko
overview
Cyprus is home to the world's oldest wine label, with Commandaria dating back over 5,000 years, making it the longest-known named wine still in production.
Cyprus is famous for its ancient mosaics, with the Paphos Archaeological Park showcasing beautifully detailed mosaics dating back to the 2nd century AD.
Cyprus is known for the picturesque Blue Lagoon, a stunning turquoise bay on the island's northwestern coast, famous for its crystal-clear waters and natural beauty.
overview
April 2014
Greek settlers established colonies in Cyprus, significantly influencing the island’s culture and governance.
July 2014
Cyprus became part of the Roman Empire, benefiting from trade and infrastructure development.
February 2015
The Ottoman Empire conquered Cyprus, introducing new administrative systems and cultural influences.
March 2015
Cyprus became a British protectorate in 1878 and later a colony, with significant modernization efforts during this time
October 2016
Cyprus gained independence in 1960 but has been divided since 1974, following a Turkish invasion in response to a Greek-backed coup.
MOBILITY
NO. OF Mobility Assets
MOBILITY
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MOBILITY
Visa Free Countries
151
Performance Class
Global Contender
Passport Grade
B+
Rank
51
Score
153.1
This visa grants access to:
MOBILITY
MOBILITY
MOBILITY
Rankings
Cyprus, an island nation in the eastern Mediterranean, is celebrated for its sunny climate, historical landmarks, and vibrant culture. Its economy is driven by tourism, shipping, and financial services. With ancient ruins, beautiful beaches, and cosmopolitan cities like Nicosia, Cyprus is a popular destination for expatriates and tourists seeking a mix of relaxation and history.
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Healthcare
Median Age
38.9
years
Life Expectancy
82.7
years
Obesity Rate
24.50%
Tobacco Use
43.30%
Sources
Health Expenditure
9.43%
of GDP
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Hospital Beds
per 1000 people
Doctors
5.4
per 1000 people
Out-of-pocket
29.40%
of total expenditure
Sources
Healthcare
Cyprus provides universal healthcare through the General Healthcare System (GHS), offering free or subsidized services to residents.
Cyprus has a well-developed private healthcare sector, providing faster services and specialized treatments.
Expatriates in Cyprus can access public healthcare but often opt for private insurance for better and quicker care.
Cyprus is a popular destination for medical tourism, particularly for cosmetic surgery and fertility treatments.
Pharmaceuticals are widely available in Cyprus, with both local and imported medications accessible at pharmacies.
Healthcare
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Healthcare
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cost of living
Cost of Gasoline
$1.45
per liter
Cost of Meal
$15.53
(Inexpensive Restaurant)
Monthly Rent
$968.75
(1 bedroom, City Center)
Monthly Utilities
$178.94
(85m² Apartment)
Domestic Beer
$3.62
(0.5 liter draught)
VAT Rate
19.00%
cost of living
cost of living
cost of living
Taxation
Before relocating to Cyprus, it's important to understand its tax system. Cyprus taxes residents on their worldwide income while non-residents are taxed only on Cyprus-source income. Income tax rates are progressive, ranging from 0% to 35%. Capital gains tax is set at 20%. A Special Defence Contribution (SDC) applies to dividend, interest, and rental income for Cyprus tax residents. VAT stands at 19%, and a Tax Identification Number is required for tax purposes. Cyprus has double taxation treaties with numerous countries.
Tax Residency Requirement
183 days
Worldwide Income Taxation
Yes
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Higher Rates for Foreign Assets
No
US Double Taxation Treaty
Yes
Personal Income
Progressive tax rate based on income levels
Personal Capital Gains
Flat rate on investment gains
Inheritance
Based on inherited amount and relationship
Corporate Income
Standard corporate tax rate applied to business profits
Corporate Capital Gains
Tax rate applied to capital gains from corporate investments
Dividends
Withholding tax rate applied to dividend distributions
Interest
Withholding rate interest payment to non-residens
Royalties
Withholding tax rate for royalty payments
Work Assignment
Foreign individuals are considered tax residents if they stay in Cyprus for more than 183 days in any one calendar year, or if they meet the '60-day rule' which requires staying at least 60 days in Cyprus and having other defined Cyprus ties
Overall Ranking
Global position in PWC’c Ease of Paying Taxes ranking
Ease of Paying Taxes Score
Overall score based on multiple factors
Total Tax and Cotribution Rate
TTCR percentage including all mandatory contributtions
Time to Comply
Annual hours required to comply with tax regulations
Number of Payments
Total number of tax payments required annually
Post-filing Index
Score measuring the ease of processes after filing taxes
taxation
taxation
CLIMATE
Average Temperature
19.5°C
Humidity
60
%
Average Annual Precipitation
460 mm
mm
Rainless Days per Year
300
Best Time to Travel
May-October
Questions?
Find answers to common questions about GlobalPassport™ and our tools guiding you towards residency or citizenship on Cyprus.
Can I keep my own citizenship?
Can my family members apply for residency or citizenship in Cyprus with me?
Do I need to speak Greek to apply for Cypriot Mobility Assets?
What Mobility Assets are available to me in Cyprus?
How will GlobalPassport™ help me move to Cyprus?
overview
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