The above, combined with its excellent tax and financial benefits, make it a location of choice for many affluent business-minded individuals and companies. The strategic location of the island – being at the crossroads of three continents – provide an ideal base for expansion into new market for businesses. There are also bilateral investment agreements with 19 countries and excellent infrastructure, providing easy access by air and sea and serving as an important telecommunications hub in the region. Furthermore, Cyprus is a member of European Union serving as Europe’s Middle Eastern outpost and gateway for the movement of goods inside and outside of the European order. 
Also, non-EU citizens purchasing immovable property in Cyprus to the value of €300.000 (subject to certain requirements), are granted with permanent residency through a special immigration visa. Furthermore, the administrative procedures for acquiring necessary permits company registration are so simplified that they may be completed within 4 days. 
The official language of Cyprus is Greek, but English is widely spoken, practically by everyone in the urban areas and the resort centres. Street signs, shops signs and directions are written in Greek and English, making life easy for visitors or residents who do not speak Greek. Other language such as German, French and Russian are widely spoken by personnel within the island’s tourism industry.
There are five cities at the island, each one with its unique character, Nicosia, Limassol, Larnaca, Paphos and Famagusta.  In all cities, Cyprus offers a range of reputable public and private schools, all providing excellent levels of education. There are both junior and secondary schools with high standards for English, Armenian, French, Russian and Arabic speaking pupils. Also there are two government Cyprus Universities and a number of English speaking private Universities of high standards covering a wide spectrum of professions.
The numerous traditional villages with their tavernas, the exceptional food, the relaxation and the crazy nightlife that you experience at the same locations and the beautiful sandy beaches are some of the reasons so many studies have cited Cyprus as the number one place for retirement and relocation. Its popularity is due to first-class infrastructure, relaxed lifestyle, beautiful landscape and safe environment.
Undeniably, from spectacular mountain peaks, to beautiful beaches, Cyprus has it all. Whether you are in search of complete tranquility or exuberant nightlife, sporting pleasures or cultural riches, ancient history or cutting-edge technology, Cyprus is the perfect location for a second home, permanent residence or sound property investment.