Reasons why property in Cyprus is a good investment

• Cyprus Property prices are still far lower than in many other European countries.
• Increase in the number of Cyprus golf properties available.
• Comparatively low tax rate, including a Double Tax Treaty with the UK.
• Capital Gains Tax of only 20% and Corporation Tax for Cypriot limited companies (through which you can own your property) at only 10%.
• UK pensions can be received tax free in Cyprus.
• Foreign residents permanently residing in Cyprus pay only a 5% flat rate of income tax.
• 320 days of sunshine a year not only make it an enjoyable place to live but also extend your ability to rent your property due to the longer season.
• High standard of living, with good facilities, including top class golf courses. Low cost of living.
• British based legal system, where English speaking lawyers abound.
• British based banking system, making choosing mortgages and managing your money similar to back home.
• Very efficient land registry with straightforward and well administered procedures