If you are thinking about the fact that it would be a great idea to invest Cyprus then you might have thought right because there are so many reasons why it is a great idea for you to invest in Cyprus today and as soon as you can. The island has become a place where people go to and invest because it is constantly growing and changing exponentially, there are so many opportunities constantly popping, opportunities that can change people’s lives for the better and give them a much better and brighter future. The fact that Cyprus is in the middle position makes it accessible for different major shipping routes and airline routes as well to different major airports. Here are a few reasons why it is a great idea for you to invest in Cyprus.
Low Tax Benefits
One thing that draws a lot of people and makes them invest is because it has a low corporate tax rate in Cyprus. It is considered to be one of the lowest corporate tax rates in Europe and they are fully compliant with the EU and OECD regulations. Their corporate tax rate is 12.5% and the benefits are way beyond this, the divided revenue progresses from the sale of shares, bonds, and other financial instruments, foreign exchange dividends, and earnings from Overseas Permanent Establishments will all benefit from tax exemptions.
Strategic Location
This island is located at the crossroads between Europe, the Middle East-Asia, and Africa in the eastern Mediterranean. The geography of this island makes it an ideal geographic position and advantage for business with about three continents. The location is one of the most important reasons why you should invest in Cyprus. Seeing as it is in the right place for easy transportation of goods and other items, it being in the center gives you an upper hand and helps you save a lot of money when you compare it to the money you would spend investing in other places.
EU Membership
Cyprus is a member of the European Union which means it uses the Euro as its currency. They have access to the single market and also have access to customs unions. Because they are a member of the European Union they have access to the benefits any European country gets and when you invest in their country, you can get citizenship by investment, making things fast and easy for you while you also earn.
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