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		<title>Cyprus: The island rebound</title>
		<link>https://internationalfinance.com/magazine/economy-magazine/cyprus-the-island-rebound/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=cyprus-the-island-rebound</link>
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		<dc:creator><![CDATA[IFM Correspondent]]></dc:creator>
		<pubDate>Sun, 15 Mar 2026 11:49:03 +0000</pubDate>
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					<description><![CDATA[<p>The overall gross tonnage of the Cyprus ship registry has increased by 20% over the last two years, reaching the highest level in the last two decades</p>
<p>The post <a href="https://internationalfinance.com/magazine/economy-magazine/cyprus-the-island-rebound/">Cyprus: The island rebound</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The International Finance team has lost count of the number of post-crisis recovery stories it has written about over the years, and it is noticeable how many have shifted from being purely cyclical to having more enduring factors at play. Cyprus has felt like a bit of a laggard in this regard, and it is only really in the latter part of the 2010s that the country has started to feel more like a real recovery story as opposed to just another half-baked PR effort masquerading as an economic turnaround.</p>
<p>The 2012-13 bailout had left its scars. There were bank haircuts, capital controls, and a new international infamy for economic secrecy. From Riga to Rome, every finance minister complained about the plight of its smaller neighbour and included a mention of “Cyprus” in their geopolitical shorthand.</p>
<p>Fast-forward to 2026, and the footnote has become a case study. The recent update to the real GDP growth forecast sees the pace of expansion slowing to 3.1% this year from 3.8% in 2025. Yes, it is slower than the previous year, but still remarkable for a nation to pull off during all this geopolitical volatility.</p>
<p>Take the latest data, for example. In Q4 2025, Cyprus&#8217; economy expanded 4.5% on a year-on-year basis, up from 3.6% in the previous period. The milestone also marked the strongest economic expansion since Q4 2022, with the main drivers being the wholesale and retail trade, repair of motor vehicles, information and communication, and hotels and restaurants (+7.2%). Construction also recorded strong growth, rising 9.2%, while manufacturing increased by 4.7%.</p>
<p>In another piece of good news, tourist inflows (which skyrocketed to €3.7 billion in 2025) from the United Kingdom, Germany, Poland, Israel, Greece, France, and Sweden played a solid hand in propelling Cyprus to its historic GDP growth, while the Mediterranean island emerged as one of Europe’s most sought-after destinations. The boom also benefited the airline and hospitality industries, with airlines like British Airways, easyJet, and Ryanair expanding their services to accommodate the ever-growing number of visitors. Hotels and resorts in the island region, on the other hand, responded by ramping up their offerings, from luxury accommodations to eco-friendly resorts, ensuring a diverse range of options for all types of travellers.</p>
<p><strong>Remarkable fiscal story</strong></p>
<p>In 2025, Cyprus recorded a budget surplus of €939.2 million. Let that sink in for a moment. We are talking about a small island country with its own unique set of problems and challenges. The country is located in a volatile region, subject to tensions between Greece and Turkey. There are also costs associated with meeting EU targets for reducing carbon emissions and the costs of bringing salaries for government workers in line with those in the private sector. The employee salaries peaked at €4.13 billion in 2025. And yet, a budget surplus of €939.2 million was still recorded.</p>
<p>The ceiling for next year’s state budget is €10.7 billion, or €11.3 billion without interest costs. It is a political and economic price that was set with considerable care. In a eurozone periphery country such as Cyprus, this is something seen rarely and achieved even more rarely, as the fiscal discipline required is not always accompanied by the same degree of political consensus. The fiscal leeway was available, but action only followed as the debt crisis escalated and a new government came into power at the end of 2023, when public debt was at 73.6% of GDP. Now it is projected to fall to 52.9% of GDP by the end of 2026. This is no small reduction. It is a reduction of a historical and almost revolutionary character.</p>
<p>According to Cyprus’ Deputy Finance Minister Irene Piki, “Multi-year planning, more predictable policy, and fiscal space earned through responsible and reform-based ways rather than increased borrowing ensures high household, business, and investor confidence.”</p>
<p>She is right. And the timing of this issue must also be taken into consideration. With the war in Ukraine, energy-price volatility, and the costs of achieving the EU’s ambitious climate and digital agendas, Europe’s overall fiscal situation is extremely difficult. Most member states are feeling the strain, though a few, such as Poland, are coping better than expected. Others, like Bulgaria and Slovenia, will hardly notice any short-term impact from the EU’s fiscal rules for the next few years.</p>
<p>Cyprus is not in this group, but it will no longer be in the minority either. It will assume the EU Council presidency in the first half of 2026, at a time when all other member states with higher budget deficits will be trying to keep a low fiscal profile in advance of a potential EU debt-mutualisation discussion, while others will be more than happy to oblige by not questioning the fiscal prudence of the presidency. Cyprus’s economic model, which has proven itself in recent years to be sustainable despite high inflation and even though the country is heavily indebted, should attract worldwide attention during its presidency and generally face appreciation for its achievements.</p>
<p><strong>The tech revolution</strong></p>
<p>Here’s an honest take. Tourism is the story that gets the headlines, but tech is stealing the show, and that’s where the smart money is heading.</p>
<p>By the end of 2025, Cyprus’s Information and Communications Technology (ICT) sector contributed roughly 16% to national Gross Value Added (GVA). That is approximately €8.5 billion. The island now ranks second in the EU for ICT’s share of national GVA, ahead of economies with ten times the population and four times the infrastructure investment. The workforce in tech has more than tripled over the past decade, now exceeding 26,000 professionals. Cyprus ranks fifth in the EU for GVA per ICT employee. In productivity, in other words, not just headcount.</p>
<p>The talent pipeline is being deliberately engineered. Non-resident professionals earning over €55,000 annually get a 50% income-tax exemption. There is also a Digital Nomad Visa and streamlined residency for spouses of international workers. The type of person this attracts is mobile, high-earning, plugged into global networks, and likely to bring their employer with them or start something new once they are settled. In March 2026, the Research and Innovation Foundation sent a national pavilion to the 4YFN summit in Barcelona, showcasing eight companies in AI, robotics, and agritech. One Cypriot portfolio company, Threedium, was selected as one of only ten firms globally to present on the main NVIDIA GTC 2026 stage. That’s not luck.</p>
<p>TechIsland, the sector’s coordinating platform, has done the unglamorous but essential work of bridging local entrepreneurs with international executives. The ecosystem is self-reinforcing now, which is the point where you stop worrying about whether it is sustainable and start worrying about whether the housing stock can keep up.</p>
<p>What are the key factors helping the country&#8217;s tech sector? Let&#8217;s start with Cyprus&#8217; geographical location. The Mediterranean island sits at the intersection of Europe, the Middle East, and Africa, giving companies access to huge markets if they prefer using the nation as their manufacturing and R&amp;D hubs. Imagine businesses keen on maximising their prospects in the European market but also want outreach to Israel’s $100 billion tech sector, along with emerging Middle Eastern and North African (MENA) countries, Cyprus can become the base camp. Also, the country&#8217;s legal system is rooted in English common law, making it instantly familiar for those used to British or commonwealth standards.</p>
<p>Then comes the 12.5% corporate tax rate, one of the lowest in the European Union (EU). To sweeten things further, there is an &#8220;IP Box Regime&#8221; that results in qualifying intellectual property income being taxed at an effective rate of just 2.5%. Businesses holding IP in domains like software, AI, fintech patents, or video games get massive leverage for reinvestment and expansion in the Mediterranean island, as taxation remains simplified and pocket-friendly, compared to high-tax countries. The administration is actively courting the cause of the island nation becoming a regional tech hub by backing initiatives such as &#8220;Startup Cyprus&#8221; and the &#8220;Youth Entrepreneurship Scheme.&#8221;</p>
<p><strong>Promise of energy utopia</strong></p>
<p>Shipping accounts for more than 7% of the country’s GDP and often receives insufficient attention in debates that focus on new sectors. Now, though, the evidence is plain to see. The shipping sector is a major source of revenue. Cyprus alone accounts for around 4% of the global merchant fleet, while more than 20% of worldwide third-party ship-management activities are carried out from here. The figure for ship-management revenues for the first half of 2025 was €978 million, an increase of 6.7% on the previous quarter.</p>
<p>And that’s a lot of concentration! The top 27% of the companies account for 85% of total sales. Germany and Greece are the number one and two trading partners, respectively, accounting for 30% and 13% of sales.</p>
<p>In November 2023, the One-Stop Shipping Centre was established, which currently serves more than 300 shipping companies benefiting from the tonnage-tax regime. Almost all shipping companies based in Cyprus benefit from this, apart from the four historical ship-owning companies, which, in accordance with the current tonnage-tax legislation, are not allowed to gain an advantage through the new policies.</p>
<p>The overall gross tonnage of the Cyprus ship registry has increased by 20% over the last two years, reaching the highest level in the last two decades. A real and tangible effort is being made to modernise shipping further through the sponsorship of robotics and digital-technology-related scholarships and the upgrading of the associated educational infrastructure, as well as research into alternatives and new methods to support the greening of shipping. Shipping contributes significantly to the island’s employment sector, both in terms of direct and indirect on-shore employment (over 9,000 people) and the huge number of seafarers (80,000 and more) employed onboard vessels managed by companies based in Cyprus and therefore also indirectly contributing to the economies of the ports of call. Cyprus wants to maintain and further develop this very important sector.</p>
<p>Gas fields have been “coming soon” for years, and one can excuse the sarcasm. But now, for the first time in more than a decade, all indications are that 2026 will actually see the start of production of two giant offshore fields in Eastern Mediterranean gas. The Aphrodite gas field in Block 12, estimated to hold between 3.9 and 4.5 trillion cubic feet of gas, is slowly but surely moving towards its commercial development, following the recent memorandum of understanding signed by Egypt, Cyprus, and Chevron over the proposed pipeline project that will transport the gas from Cyprus to Egypt. The Kronos field in Block 6, operated by Eni, is also expected to reach a final investment decision this year, with first gas scheduled for 2028. The fact that the distance between the field and the Zohr field in Egypt, where the necessary infrastructure has already been built and is currently being used, will be largely compensated for by the intended infrastructure that will be built for the purposes of transporting Aphrodite’s gas to Egypt.</p>
<p>The energy situation in Cyprus is quite tough domestically. The EU carbon-allowance price is projected to reach €95 per tonne by 2026, and there is no exception for Cyprus in terms of compliance with the EU ETS, which will cost €490 million this year and will also be transferred to consumers through energy bills. The LNG terminal of Vasilikos, which has been delayed for many years, is expected to enter operation during the second half of 2026. The Great Sea Interconnector, which connects the Cypriot electricity grid with the Greek grid via Israel, is still considered a strategic investment, but is more at the level of intentions so far.</p>
<p>The offshore gas story is truly a major issue for the Eastern Mediterranean region’s energy future. In the meantime, however, Cypriots are forced to endure among the highest energy prices in the region. That is where the current government’s otherwise respectable record falls short.</p>
<p><strong>Tax exemptions to the rescue</strong></p>
<p>The story of the revival of the banking system in Cyprus is a very long and fascinating one. We are talking about a sector where non-performing loans (NPLs) comprised 49% of the total outstanding loans in 2016. It was not so much a sector with problems that required remedial action; it was a complete banking crisis that had been frozen in time. Today, the total of NPLs as a percentage of total outstanding loans is 3.2% at the end of 2025. The downward trend of NPLs, following a period of stagnation that coincided with the imposed capital-control regime of 2013, reflects in part the huge quantities of NPLs that have been sold and in part the successful completion of a large number of restructuring plans of exposures.</p>
<p>There was a big change in Cypriot tax law, and we believe it is the first significant change in tax laws introduced in the last two decades. The new laws took effect on 1 January 2026. Under the catch-phrase of meeting the OECD Pillar Two global minimum-tax rate, we are talking about a drastic increase in the corporate-tax rate from 12.5% to 15%. As such, it has been a very controversial move, and one can very easily understand why. But it was an inevitable decision.</p>
<p>Dividend tax has increased. The deemed-dividend distribution rules for profits earned after 2026 have been abolished. The special defence contribution on the actual dividends paid out from profits earned after 2026 reduces from 17% to 5%. The personal-income-tax-free threshold has increased to €22,000 from €19,500. The 8% flat tax on cryptocurrency gains and the 120% super-deduction for qualifying research and development expenditure are a couple of steps taken towards the future. A couple of things to note regarding the recent corporate-tax-rate increase and how it is being applied in the professional-services sector. Companies in the sector are already shifting toward digital assets, AI-related regulation, and wealth-mobility advisory services in response to the tax-rate increase. The pace of change can be dramatic.</p>
<p><strong>Misfortune of thriving real estate</strong></p>
<p>The consequences of rapid expansion are inevitable. As reported earlier, property transactions in January 2026 reached their highest level since 2008, with 1,411 contracts being deposited, an 11% increase on the corresponding period last year. Annual price rises in Paphos and Famagusta reached 25% and 23% respectively. The value of transactions in the Limassol premium market accounts for a third of the total.</p>
<p>As we already know, the rate at which property prices increase is around 5%–7% annually, and salaries in the country are still not high enough to absorb even remotely the current rental rates. Rent accounts for a staggering 32.3% of the average household’s monthly income in Limassol. The average monthly rental price for a one-bedroom apartment in the city centre of Limassol is around €1,300.</p>
<p>The government plans to complete 244 affordable residential properties allocated to low-income families in all major municipalities across the country by the end of 2026, while a private partnership is expected to deliver 1,000 affordable rental homes, with the municipality also expected to set aside €16 million for a new subsidised project in Limassol and €12 million for a similar scheme in Strovolos. This is not bad, but there are still very few measures to curb the problem of affordable housing. Remember, however, that problems related to affordability usually go unnoticed for years until they hit the headlines and cause mayhem.</p>
<p>Tourism income has reached €3.69 billion, up 15.2% year-on-year, with visitor numbers exceeding 4.5 million for the first time, and tourism’s share of GDP standing at around 14%. A services surplus of over €2.8 billion was recorded in the third quarter of 2025 alone, in large part due to the goods-trade deficit being a structural feature of the economy.</p>
<p>Tourism is trendy but is cyclical, weather-dependent, geopolitically volatile, and above all requires low-cost air travel. In the technology and shipping space, the trends are more structural. We are not diminishing the success of tourism, which remains very strong, but policymakers need to remember that it is just a base that needs to be expanded upon rather than a plateau to be sat out on.</p>
<p><strong>The bottom line</strong></p>
<p>The future looks promising, but it is not without challenges. The job market is extremely tight, with unemployment at just 4.5%. It means everyone who needs a job has a job, but there aren’t enough workers to boost spending power any further.</p>
<p>Cyprus has 1.38 million people and is one of the EU’s smaller member states, with most of them residing in cities like Nicosia and Limassol.</p>
<p>Though the population is growing through immigration, the median age is around 40 years, which means that people are ageing quickly and productivity is decreasing. On top of that, birth rates are really low, with around 1.5 children per woman.</p>
<p>Cyprus is struggling to find fresh talent. And it is in a race against time. If they cannot find enough working population to support their rapidly ageing population, their economy could suffer greatly.</p>
<p>Moreover, foreign firms invest heavily in Cyprus but pull back profits. The repatriation of profits contributed to around 7% of the GDP account deficit. The Fiscal Council notes that domestic reinvestment is weak and FDI seems “transient” without deeper local ties.</p>
<p>To combat this, Cyprus introduced new screening rules. From April 2, 2026, non-EU and Swiss investors need pre-approval for €2 million plus deals that require a 25% or more stake in strategic sectors such as AI, tech, health, and energy. If they do not comply, they risk fines up to €50,000 or a shutdown due to non-compliance. The bureaucracy adds two to three months of delay, increased legal fees, and various uncertainties for companies that want to invest in the island. Investors might want to look for other nations with better ease of doing business.</p>
<p>Cyprus has historically attracted FDI through lax rules, but is now forced to align these standards with the EU. However, this oversight often leads to increased friction through red tape, and geopolitical checks (Investigating Russian and other controversial links). Foreign investors were drawn to low taxes and golden passports, which ended in 2020. Massive FDI, especially from Russian companies, peaked at $33 billion in 2015 and fueled the real estate boom. Russian investments reached 80% of the total FDI of Cyprus. However, it also enabled round-tripping and sanction evasion after the Ukrainian crisis.</p>
<p>The 2024 data from the Central Bank of Cyprus reveals that Russian FDI stock in Cyprus hovers at €83.46 billion and has plummeted drastically from €135.7 billion in 2022. The €52 billion drop is attributed to Western sanctions and geopolitical tension.</p>
<p>Look, small open economies are always vulnerable to things they cannot control, such as energy shocks, regional conflict, shifts in EU policy, and global capital-flow reversals. Cyprus is not immune. But the combination of fiscal discipline, a diversified sectoral base, a sophisticated banking system, and a government that has made genuinely difficult structural decisions creates a degree of resilience that was not there a decade ago. These are not vanity metrics. They are signals that the growth dividends are being reinvested rather than extracted.</p>
<p>Is everything perfect? No. Energy costs remain a drag. Housing affordability is a genuine social tension. And the gas fields, however promising, have a long way to go before they change balance-of-payments arithmetic.</p>
<p>But Cyprus in 2026 is a fundamentally different proposition than it was in 2013. It has earned the right to be taken seriously. Definitely not as a tax-haven footnote or a bailout cautionary tale, but as a small economy that looked hard at what it wanted to be and built its way toward it with more discipline than most expected. That’s a story worth telling.</p>
<p>The post <a href="https://internationalfinance.com/magazine/economy-magazine/cyprus-the-island-rebound/">Cyprus: The island rebound</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>Aristo can pave the path for EU citizenship</title>
		<link>https://internationalfinance.com/finance/aristo-can-pave-the-path-for-eu-citizenship/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=aristo-can-pave-the-path-for-eu-citizenship</link>
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		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Mon, 01 Aug 2016 14:02:40 +0000</pubDate>
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					<description><![CDATA[<p>All you need to do is a direct property investment in Cyprus August 1, 2016: Cyprus boasts some of the world&#8217;s finest properties, set against a backdrop of astonishing beauty. It is a place where relaxation comes naturally. One can explore the great history, the excitement of towns and villages, and a range of natural wonders one won&#8217;t find anywhere else. While maintaining its Greek...</p>
<p>The post <a href="https://internationalfinance.com/finance/aristo-can-pave-the-path-for-eu-citizenship/">Aristo can pave the path for EU citizenship</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p class="semiBold13">All you need to do is a direct property investment in Cyprus</p>
<p><strong>August 1, 2016:</strong> Cyprus boasts some of the world&#8217;s finest properties, set against a backdrop of astonishing beauty. It is a place where relaxation comes naturally.</p>
<p>One can explore the great history, the excitement of towns and villages, and a range of natural wonders one won&#8217;t find anywhere else.</p>
<p>While maintaining its Greek cultural identity and Eastern Orthodox beliefs, the island has been warmly embracing its visitors for thousands of years.</p>
<p>Those who visit are often tempted to stay; the plethora of different people living on the island, has allowed Cyprus to progress as a diverse and multi-cultural nation – catering for everyone&#8217;s tastes and needs</p>
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<td>When one is looking at Cyprus as a permanent destination, its formula speaks for itself; EU member since 2004 with great respect for human rights and personal freedom, sun-soaked beaches, crystal clear waters, mild climate and sunshine (320 days a year), stunning snow-capped mountains, great infrastructure, quaint villages to fast-developing modern cities and towns, luxurious marinas, first-rate educational and medical sectors, world heritage sites and ancient archaeological parks, English language widely spoken…</td>
<td><img decoding="async" src="https://www.internationalfinancemagazine.com/cms_images/Aristonew.png" alt="" /></td>
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<p>The island’s strategic location – at the crossroads of three continents (Europe-Africa-Asia) – offers convenience with everything that is literally at the doorstep.</p>
<p><b>The island sparkles with a string of benefits:</b></p>
<p>1. Safe and Secure Environment</p>
<p>5th safest country in the world (Value Penguin 2015)</p>
<p>2.         Lowest corporate tax regime in the European Union (12.5%)</p>
<p>3.         Foreign direct investment for both EU and non-EU nationals</p>
<p>4.         Attractive tax system: double taxation agreements with 52 countries</p>
<p>Cyprus ranks 27 out of 145 countries for best countries doing business, according to Forbes</p>
<p>5.         Credible, highly reputable and advanced financial Institutions. Numerous International Banking Units and multinational companies, including Jordan Kuwait Bank, Lebanon and Gulf Bank, Bank of Beirut, Promsvyazbank, RCB, Societe Generale, Barclays</p>
<p>6.         Competitive modern and transparent legal, financial and regulatory framework based on the British Law and standards</p>
<p>7.         Significant economic memberships such as WTO, World Bank, IBRD and IMF</p>
<p>9.         Significant natural gas reserves in Cyprus&#8217; exclusive economic zone</p>
<p>10.       Workforce: highly skilled, educated and multilingual workforce at highly competitive fees</p>
<p>11.       Excellent telecommunications systems</p>
<p>12.       High standard of living and healthcare. The healthcare system ranks 24 out of 191 countries (UK is ranked 18, Israel 28 and the US 31)</p>
<p>13.       Excellent public, private international schools, colleges and universities</p>
<p>14.       One of the highest literacy rates in the world: 99.1%</p>
<p>15.       Two international airports with daily flights from major destinations, including Dubai, London, Paris, Moscow</p>
<p>16.       Rich cultural history with ancient sites</p>
<p>18.       The cleanest bathing waters in Europe with bathing waters ranked 1 out of 28 member states</p>
<p>19.       High quality tourist facilities</p>
<p>20.       Exclusive golf resorts</p>
<p>21.       EU citizenship through property investment within 3 months with the freedom of living, business, education, healthcare and movement in EU region</p>
<p>22.       Cyprus Permanent Residency through property investment within 2 months</p>
<p><b>Economy</b></p>
<p>The latest International Monetary Fund (IMF) estimates puts Cyprus’ rate per capita at USD 30,882 – well above average for the European Union.</p>
<p>The country has been sought after greatly as a base for several offshore businesses for its low tax rates.</p>
<p><img decoding="async" src="https://www.internationalfinancemagazine.com/cms_images/aristinew1.png" alt="" /></p>
<p>Tourism, financial services, shipping and real estate are all significant parts of the economy. The island caters to 2.5 million tourists annually.</p>
<p>The Cypriot government adopted EUR as the national currency in 2008. Since then, Cyprus has been part of a monetary union, the Eurozone and of the EU single market. In the early 21st century, the Cypriot economy diversified massively and Cyprus became far more prosperous due to this diversification. However, in 2012 it became affected by the Eurozone financial and banking crisis. In June 2012, the Cypriot government announced it would need foreign aid to support its banks. The Cyprus government implemented a comprehensive programme of adjustment and reforms with strong support of the IMF, and after four years has successfully exited the programme.</p>
<p>According to Eurostat, the Statistical Office of the European Union, GDP growth is expected to reach 2% in 2017. The current GDP growth stands at 1.6% (2016), as opposed to 1.4% in 2015. Property sales are also on the rise and are projected to increase by 5-10% at the end of 2016.</p>
<p>Significant quantities of offshore natural gas have been discovered in the area known as Aphrodite in Cyprus’ exclusive economic zone (EEZ), about 109 miles south of Limassol.</p>
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<td><img decoding="async" src="https://www.internationalfinancemagazine.com/cms_images/aristonew3.png" alt="" /></td>
<td>Cyprus demarcated its maritime border with Egypt in 2003 and with Lebanon in 2007, while Cyprus and Israel demarcated their maritime border in 2010. In August 2011, the US-based firm Noble Energy entered into a production-sharing agreement with the Cypriot government regarding its commercial development. Cyprus’ drilling efforts, with the support of the US, EU and UN, began in September 2011 in Block 12.</td>
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<p><b>Real estate</b></p>
<p>The real estate market in Cyprus saw an increase in demand on the island from 2004-2008, which led to developers increasing the supply. Prices have always been competitive and have always created strong opportunities for buyers.</p>
<p>The main element of a healthy Cyprus real estate market has always been residential property and specifically luxury second homes. Seafront properties and integrated master planned communities are the property options that offer buyer’s highest value for money. The price per square meters varies significantly depending on the location and building specifications.</p>
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<p>When award-winning and reputable companies, like <a href="http://www.internationalfinancemagazine.com/article/The-Aristo-class-of-luxury-living.html">Aristo Developers</a> , combine the attraction of Cyprus with their unique freehold property portfolio, a lucrative future is literally guaranteed.</p>
<p>Cyprus is also one of the most favorable places for international business. Individuals looking to invest through real estate often take advantage of the location and the climate, its excellent infrastructure and the various incentives in the area of taxation. The island offers a sophisticated low tax jurisdiction – the lowest in Europe – that has rapidly become the jurisdiction of choice for international investors; 0% Capital Gains Tax, 0% inheritance tax, 0% transfer fees, and a VAT Reduction Scheme boasting a 5% reduced VAT policy on the first residence on the island.</p>
<p><b>Citizenship by investment</b></p>
<p>The Cypriot government has established a number of incentives to attract foreign direct investment (FDI) into the country, including a citizenship by investment programme that grants full citizenship.</p>
<p>A direct property investment of €2.5 million through <a href="http://www.internationalfinancemagazine.com/article/The-Aristo-class-of-luxury-living.html">Aristo Developers</a>,  will ensure lifetime EU citizenship for the applicant and his/her family members, provided that the terms and conditions established by the Cyprus government are observed.</p>
<p>Successful applicants all gain the right to live, work and study in all 28 EU member countries by virtue of Cyprus’ EU membership.</p>
<p>Cypriot passport holders are entitled to travel visa free to more than 169 countries and can quickly obtain visas for other countries, such as the US.</p>
<p>There are no physical residency requirements. Citizenship is passed on by descent, offering a legacy to future generations. There are no tax consequences unless the investor opts to become a tax resident in Cyprus.</p>
<p><a href="http://www.internationalfinancemagazine.com/article/The-Aristo-class-of-luxury-living.html">Aristo Developers</a> , the leading developer of the island and the pioneering force behind the island&#8217;s property, golf, commercial and educational industry, was established in the early 1980s. Boasting a significant share of the Cyprus home market, the company is continuously evolving by setting new standards for the island&#8217;s property industry, without compromising its first-rate customer service, rentals service, property management and after-sales support.</p>
<p>Its presence on the island has encouraged many people to relocate to Cyprus and opt for the ideal holiday home in the sun. Whether it&#8217;s for investment or retirement purposes, <a href="http://www.internationalfinancemagazine.com/article/The-Aristo-class-of-luxury-living.html">Aristo Developers</a>&#8216; attractive portfolio includes properties for the affordable budget, and those in search of superb beachfront estates.  But if recommendations are anything to go by, the proof is literally ‘in the pudding’; Aristo prides itself on long-term commitment, having established solid relationships with more than 12,000 satisfied clients over the last 15 years!</p>
<p>Adding to its credibility, <a href="http://www.internationalfinancemagazine.com/article/The-Aristo-class-of-luxury-living.html">Aristo Developers</a> also guarantees its title deeds. Since the beginning of 2015 and until the first six months of 2016, the company proceeded with the transfer of more than 700 title deeds to its clientele, having at this moment another 1,600 title deeds available for transfer to existing property owners for completed developments. This accomplishment undoubtedly ranks Aristo Developers, yet again, as a secure and most trustworthy company that provides peace of mind when acquiring real estate in Cyprus.</p>
<p>As a member of a thriving European community, Cyprus has proven timelessly that it is a preferred destination of choice. A direct property investment through <a href="http://www.internationalfinancemagazine.com/article/The-Aristo-class-of-luxury-living.html">Aristo Developers</a>,  will ensure that one’s road to citizenship in Cyprus is a promising one.</p>
<p>The post <a href="https://internationalfinance.com/finance/aristo-can-pave-the-path-for-eu-citizenship/">Aristo can pave the path for EU citizenship</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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		<title>The Aristo class of luxury living</title>
		<link>https://internationalfinance.com/finance/the-aristo-class-of-luxury-living/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=the-aristo-class-of-luxury-living</link>
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		<dc:creator><![CDATA[International Finance Desk]]></dc:creator>
		<pubDate>Fri, 22 Jul 2016 14:01:28 +0000</pubDate>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Wealth Management]]></category>
		<category><![CDATA[Aphrodite Waterpark]]></category>
		<category><![CDATA[Aristo Developers]]></category>
		<category><![CDATA[award]]></category>
		<category><![CDATA[Cyprus]]></category>
		<category><![CDATA[developer]]></category>
		<category><![CDATA[Eagle Pine Golf Resort]]></category>
		<category><![CDATA[Greece]]></category>
		<category><![CDATA[Imperial Residences]]></category>
		<category><![CDATA[international Finance magazine]]></category>
		<category><![CDATA[International School of Paphos]]></category>
		<category><![CDATA[Kings Avenue Mall]]></category>
		<category><![CDATA[Limassol]]></category>
		<category><![CDATA[Mediterranean]]></category>
		<category><![CDATA[Paphos]]></category>
		<category><![CDATA[Plage Coastal Residences]]></category>
		<category><![CDATA[Poseidon Grand Marina Paphos]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[Sea Caves Residences]]></category>
		<category><![CDATA[The Spectrum Boutique Residences]]></category>
		<category><![CDATA[Venus Rock Golf Resort]]></category>
		<guid isPermaLink="false">http://142.4.4.69/beta/?p=2705</guid>

					<description><![CDATA[<p>Over the last 35 years, the real estate developer has earned an enviable reputation in Cyprus and Greece for best-in-class products July 22, 2016: Having delivered infrastructure throughout Cyprus and Greece for over three decades, Aristo Developers assures its services are built on the cornerstones of quality and commitment.  Our successful performance is supported by an extensive client base, and our ability to deliver quality...</p>
<p>The post <a href="https://internationalfinance.com/finance/the-aristo-class-of-luxury-living/">The Aristo class of luxury living</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p class="semiBold13">Over the last 35 years, the real estate developer has earned an enviable reputation in Cyprus and Greece for best-in-class products</p>
<p><strong>July 22, 2016:</strong> Having delivered infrastructure throughout Cyprus and Greece for over three decades, Aristo Developers assures its services are built on the cornerstones of quality and commitment.  Our successful performance is supported by an extensive client base, and our ability to deliver quality and service.</p>
<p>As a reputable developer, Aristo Developers has been recognised for its high-level, quality products by a plethora of local and international organisations.  Having recently been acknowledged by the <i>International Finance Magazine </i>as ‘<b>Best Real Estate Developers</b> <b>2016’ </b>in Cyprus, in terms of innovation and performance, Aristo Developers was also the first property and construction developer in Cyprus to be endorsed by the International Standards Organisation (<b>ISO 9001</b>) for quality. Our status as a ‘<b>CLASS A’</b> Construction and Property Development Company – the highest category awarded to companies who have a reputation for high quality construction and building infrastructure – allows us to undertake and execute projects of unlimited number, size and value.</p>
<p>Aristo Developers offers peace of mind when buying property abroad. Our guarantee for delivery dates and title deeds subscribes to our principal of establishing reliable partnerships with our clients. In 2015, and the first half of 2016, Aristo Developers proceeded with the transfer of more than 700 title deeds to its clientele. Presently, the company has an additional 1,600 title deeds available for transfer. Aristo Developers is also in a prime position as all its properties are mortgage-free. Thus, every property sold has title deeds which are readily transferrable.</p>
<p>Aristo Developers has been a pioneering force behind large-scale developments, having developed two 18-hole signature championship golf courses, including the <i>Venus Rock Golf Resort – </i>set to become the largest beachfront golf resort in the south eastern Mediterranean. Other landmark projects include the <i>Aphrodite Waterpark, the International School of Paphos, </i>and the <i>Kings Avenue Mall – </i>the most contemporary shopping mall on the island of Cyprus. Furthermore, Aristo Developers has plans for two additional developments which will redefine standards of luxury living on the island: the upcoming <b><i>Eagle Pine Golf</i></b><i> <b>Resort</b> </i>and the <b><i>Poseidon Grand Marina Paphos</i></b><i>.</i></p>
<p>Unique to the island, the <i>Eagle Pine Golf Resort </i>will present an incomparable golf course with world class facilities, nestled in a plateau of indigenous flora and fauna. The veiled location will create an elite village that is both tranquil and secluded. As a major shareholder of the <i>Poseidon Grand Marina Paphos, </i>Aristo Developers aspires to create the first integrated luxury marina in Cyprus that will be ranked amongst the best in the world.  The marina, with its embracing circumference of luxury residences, floating restaurants and promenade of boutiques and cafes, is destined to upgrade Cyprus’ tourist product for years to come.</p>
<p>With over 265 island-wide developments and 50 new projects currently in the market, Aristo Developers seeks out the finest locations across Cyprus to develop an impressive range of unique, freehold properties – ranging from apartments, villas and townhouses, to luxurious beachfront homes and golf estates.</p>
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<td><b>Plage Coastal Residences</b></p>
<p>Located in the heart of the Pafos tourist area, and within walking distance of the shore, Plage Coastal Residences are modern and luxurious, and offer potential buyers a Mediterranean lifestyle with the option of three- or four-bedroom detached homes – in lush, green surroundings; infinity-edge private swimming pools, gardens, quality specifications and gated entrances for added privacy and security. The atmosphere of the nearby beaches, shops, cafes and eating establishments make this a highly desirable location and place to live.</td>
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<p><b>Sea Caves Residences</b></p>
<p>Everything about this project makes a statement of taste, quality and style. Sea Caves Residences are developed in one of the finest residential areas within walking distance to the Sea Caves Bay.</p>
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<td>The rugged coastline offers breathtaking views of the Mediterranean with its small sandy coves and crystal-clear waters.</p>
<p>Sea Caves Residences comprise six luxury villas, all of them with extraordinary sea views. Developed on large and spacious plots, these homes boast excellent specifications, functional living areas, and ensure comfort and privacy. The area itself is a prime location with award-winning villas and exclusive homes.</td>
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<p><b>Imperial Residences at the Venus Rock Golf Resort</b></p>
<p>Conjuring a sense of Mediterranean elegance, the Imperial Residences – a hamlet of opulent homes, offers a refreshing sense of luxury, complimented by the Venus Rock Golf Resort’s unparalleled beauty.</p>
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<td>Nestled on an elevated site, commanding sweeping coastal and golf course views, the privileged owners of these incomparable homes will reap the rewards of world-class facilities at one of Europe’s largest golf-integrated resorts.</p>
<p>Imperial Residences personify the pride and impeccable attention to detail, representing extravagance, privacy and distinctiveness; superior finishes, spacious plots, private swimming pools – the price of these beautifully appointed homes includes furniture and landscaping.</td>
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<p><b>The Spectrum Boutique Residences</b></p>
<p>Every detail of The Spectrum radiates contemporary charm; stately apartments with hi-tech features and exquisitely proportioned interiors. Looking out across the alluring waters of the Mediterranean and the St. Raphael private marina, these grand private residences are built to accommodate Limassol’s elite.</p>
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<td>The Spectrum is located in one of Limassol’s most desirable and exclusive districts and features a collection of boutique apartments with breath-taking panoramic views, encompassing modern interiors, highest quality finishes, and services and facilities second-to-none. The renowned shops and boutiques of Limassol’s cosmopolitan centre are within convenient reach, and the atmosphere of Limassol’s golden coastline and Blue-flag beaches make this a highly desirable location and place to live.</td>
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<p><b>Eagle Pine Golf Resort</b></p>
<p>Set back from the coast, away from life’s hustle and bustle, the Eagle Pine Golf Resort brings the pleasure of peace, tranquillity, fresh air and a drier and more pleasant client. Located around the quaint Cypriot villages of Ayios Amvrosios, Paramali and Sotira, the Eagle Pine Golf Resort lies north-west of Limassol and is set to become a landmark in the area.</p>
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<td>This integrated resort will feature all the amenities that encompass a modern-day luxurious golf development, including plots for villas, unified organised developments, touristic village, golf course, golf club and facilities, commercial developments and sports facilities. The 18-hole signature golf course will attract golfers seeking an incomparable golfing experience and will offer traditionalists the opportunity to meet the challenges of strategically placed sand pits and waterways.</td>
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<p><b>Poseidon Grand Marina Paphos</b></p>
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<td>The Poseidon Grand Marina Paphos is the first integrated luxury marina in Cyprus. This exciting mixed-use development will combine super yacht berths with a diverse commercial area and an array of luxury residential properties in the picturesque town of Pafos; a well-conceived development attracting a new calibre of world-class tourists and investors who will reap the rewards of superior facilities, unparalleled by any other development in Cyprus.</td>
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<p>The post <a href="https://internationalfinance.com/finance/the-aristo-class-of-luxury-living/">The Aristo class of luxury living</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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