Scroll Top

Why is Cyprus a country worth living in?

Updated Time 27 Mar, 2020, 17:10 (UTC+08:00)

As a country in the European Union, Sip is the third largest island in the Mediterranean region. The beautiful landscapes and 53 beaches of Cyprus are among the cleanest in Europe. During the past 10 years, this place has attracted nearly 2.5 million visitors each year. Besides, Cyprus has many attractive things, which not only attract tourists but also attract many investors to settle down.

1. Resort paradise and low-cost for living

Cyprus has long been known for its high quality of living and affordability. Meals at the restaurant for 2 people with 3 dishes only from 45 EUR, while the high-end restaurant cost only 12 EUR for 1 person. The cuisine here is very diverse with many European dishes, such as halloumi, barbecue, grilled fish, meze, kebabs, kleftiko, moussaka …

Resort paradise and low-cost for living

Activities and entertainment in Cyprus are also diverse, such as horse racing, golfing, skiing, fishing, etc. You and your family can freely experience sports with bold European identity at an affordable cost.

2. The economy boomed after the financial crisis

In the Eurozone economy, Cyprus still maintains the fastest growth rate among the nations. To get that result, the Cyprus government has worked hard to revive the economy after the 2014 financial crisis. Large-scale projects are being expanded to increase economic efficiency which creates a favorable business environment for investors.

Cyprus GDP has grown rapidly since 2015 and became the leading fast growing country in Europe, with a growth rate of 3.9% in 2017.

The economy boomed after the financial crisis

Not just reviving the economy, the strong rise has helped Cyprus become one of the leading countries attracting foreign investment. Not only that, the banking system of Cyprus has been improved by monitoring and reform programs, which enhances liquidity and payment in the banking system. The bad debt handling policies enacted in 2018 also helped Cyprus become the country with the fastest falling non performing loans ratio in Europe.

3. Affordable and effective health system

The health system in Cyprus is highly regarded for its treatment and is low cost in comparison with European countries. According to WHO review, Cyprus has perfected and operated a comprehensive health care system with high standards.

With an area of ​​5,900 km² and a population of Cyprus of just over 1.2 million people, the country's health system has 134 private hospitals and clinics. Every major city in Cyprus has at least one public hospital and a system of high quality private hospitals distributed throughout the country which is always ready to serve the people.

Besides, the work of food safety is strictly controlled by this country. Clean water system is also guaranteed to provide for 100% of people.

4. High quality education system

The quality of teaching and facilities at the Universities of Cyprus are high. The Cyprus government has focused its investment in education. The universities in Cyprus are all public. Cyprus is one of the leading countries in Europe in terms of funding for education. The Cypriot education system has huge success as the country has the 2nd largest community education system in Europe and the 3rd highest global university graduation rate.

Customers interested in immigration programs or citizenship programs, please contact GIS for comprehensive advice. GIS is committed to bring customers the most suitable settlement program for themselves and their families.

Global Immigration Service Group (GIS)

  • Address: Asia Trade Building, 507B Huynh Tan Phat,Tan Thuan Dong ward, District 7, HCM city, Vietnam
  • Hotline: 1800 6235
  • Mobile/Zalo/Viber/Whatsapp: +84 34 200 7989
  • Email: [email protected]

About Us

Global Immigration Services Group (GIS) is an Immigration Services Provider focusing on Second Citizenship by investment programs & Residency Programs.

We offer a variety of Second Passport options including but not limited to; Caribbean Citizenships such as Saint Kitts & Nevis, Grenada and Dominica. European Second Citizenship by investment programs inclusive of Cyprus and Malta. As well as other Residency Programs such as Portugal and Greece...

Our selection of established and well-respected Developers, excellent Government Relations and Caribbean Contacts makes us the obvious choice for all your Citizen & Residency needs.