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ARTICLE · 30 OCTOBER 2017

Business And Pleasure Intertwined

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Cyprus has turned the economic corner.

European UnionStrategy
Angelos Paphitis
Angelos Paphitis
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The beauty, charm and warmth offered by this EU member state go hand in hand with modernity and very advantageous residence and investment benefits. Here, the contemporary world of designer labels from opulent boutiques co-exists with sun-kissed beaches on craggy coastline and stunning churches and monasteries.               

Snapshot

If you are new to the Republic of Cyprus and what it has to offer, then you are in for a very pleasant surprise. Located very conveniently between Africa, the Middle East and Asia, the largest island in the eastern Mediterranean has a population of around 1 million, though this figure is swelled by the huge numbers of tourists visiting its shores. In fact, arrivals hit record numbers in 2016. Most come for the sea and sand, others for the scenery and sites, while another category visits for business and investment. As for communicating, English is widely spoken due to the country's colonial past, and Russian can be heard on

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