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Auray Capital Cyprus

Lying in the Mediterranean between Europe, the Middle East and Africa, Cyprus has a rich cultural heritage. This former British colony entered the European Union in 2004 and adopted the Euro as its currency in 2008. The island has two official languages; Greek and Turkish. 
Cyprus offers a path to citizenship in the European Union, as well as an ideal location for doing business between Europe and the Middle East. Its Scheme for Naturalization of Investors in Cyprus by Exception is based on subsection 2 of section 111A of the Civil Registry Laws of 2002-2013.

Investment immigration programs

Residencyby investment

Residencyby investment

No available programs for this country. Please follow the link for residency programs offered by other countries.

Citizenshipby investment

Citizenshipby investment

Information on available program coming soon

Key Facts

  • Area: 9,251 km2
  • Population: 1,172,458 (2014 est.)
  • Official language: Greek and Turkish
  • Capital: Nicosia
  • Government: Republic
  • Legal system: Mixed legal system of English common law and civil law with Greek orthodox religious law influence.
  • Currency: Euro
  • GDP per capita: $24,500 US (PPP 2013 est., $21.62 billion US GDP)
  • Climate: Mediterranean with hot, dry summers and cool winters
  • Visa-free travel for citizens: 146 countries

Economic Immigration & Taxation

Cyprus has a market economy dominated by the services sector, which represents eighty per cent of the local economy. The most important sectors are tourism, financial services and real estate. Despite recent economic setbacks, namely in the financial sector, the country is undergoing financial and structural reforms, including the privatization of state-owned enterprises. 

Cyprus offers one of the most attractive tax systems in Europe, including a transparent tax regime that is fully compliant with EU laws and regulations. Dividend income and profits from the sale of securities are exempt from tax. Also, there is no withholding tax on dividend and interest paid from Cyprus. Most international transactions are exempt from value-added tax. Cyprus has a network of double taxation agreements with more than 48 countries. Additionally, Cyprus has access to EU Directives that focus on reducing or eliminating foreign withholding taxes. 

AURAY Capital’s partnership, via Grant Thornton Cyprus, can provide assurance, taxation and advisory services in its offices in Nicosia and Limassol. 

Logos Auray Capital & Grant thornton Raymond Chabot

Family Life

Cyprus offers a welcoming culture, advanced infrastructure and a low crime rate. Many of its residents are highly educated and speak English, Russian, French and German in addition to Cyprus’ official languages. Its main cities offer a variety of schools and neighborhoods for families wishing to set up residence. 

AURAY Capital's specialists in Residency and Citizenship by Investment programs can guide you through Cyprus’ citizenship by investment program.

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