Welcome to the neighbourhood

Limassol is widely recognised as the jewel in the already sparkling Cypriot crown. Located on the southern coast of Cyprus, Limassol strikes the perfect balance between modernity and elegant Cypriot antiquity.
Limassol Marina, Cyprus

Steeped in history, Limassol is seen as one the World’s most exciting up-and-coming destinations with beautiful beaches, vibrant night life and of course some of the most scenic views in all of the Mediterranean.

Limassol boasts one of the best climates in the world, with wonderfully hot summers and exceptionally mild winters – allowing residents to enjoy their own piece of paradise all year round.

Luxury Villa View pay tribute to this incredible city and puts you at the heart of one of the world’s most exciting and breathtaking locations.

Cyprus Residency Program

Cyprus has become increasingly popular to overseas investors, given all the benefits of owning property there. The beautiful Mediterranean location has been enticing more and more foreign investment, with a rising number of British, Russian and Chinese expats calling the island their home. More recently, oil and natural gas has been discovered around the waters of Cyprus, which has bolstered the importance and equity of the island’s location.

Cyprus joining the Eurozone has given foreign investors a path into the European market, whilst taking advantage of the lower costs, less risk and access to a universal currency. The island also has one of the most attractive tax systems in the world, with a corporate tax rate of 12.5%. For any investors out there, now is the perfect time to begin your business journey and thrive on the island of Cyprus.

The Cyprus Residency programme is one of the most affordable Residency Programmes in Europe, is easy to comply with, and offers fast processing time of approximately 2 – 3 months. A Residency Permit requires investors to only visit Cyprus once every two years, without compromising on its promise of permanency. The current permit procedure opens the doors of the European Union to third country nationals. Besides ensuring free movement within Cyprus, foreign investors have the opportunity to expand their business activities in the European market through Cyprus’ highly favourable tax regime. This simple process should take no longer than 2 months and can begin right after the acquisition of real estate for an amount no less than €300,000

DID YOU KNOW?

8 Things about Cypriot TAX LAW:

0% Tax Interest
0% Dividends
5% Tax Rebate on equity
0% Royalties
0% Inheritance tax up to 3rd kinsman
0% Capital Gains Tax on Financial Products
12.5% Company Tax
Annual earnings of over 100 000 Euro's can claim 50% PAYE

*Subject to applicable tax legislation

Here is a list of Important benefits regarding the Cypriot residency:

Cyprus Permanent Residency is a legal status which entitles Non-EU citizens and qualifying dependents (hereafter ‘the Holder’) to enter and stay as permanent residents in the Republic of Cyprus.
If the Holder does not permanently live in the Republic, he/she must visit Cyprus once every two years or the residency permit will be cancelled automatically.
Holders of the Cyprus Permanent Residency can travel in and out of the country without a Visa.
Cypriot permanent residence permit does not give any visa-free travel to any other countries or European Union member states, as it is only for Cyprus.
The Permanent Residency visa does not expire.
Holders of the Permanent Residency are not allowed to work in Cyprus, unless they obtain a working permit, under certain criteria
Holders of the Permanent Residency and their children have access to free government school education, as any child born in Cyprus.
A Permanent resident of Cyprus after completing five years (total of 1825 days) of legal stay in Cyprus is entitled to apply for Cyprus Citizenship.
A permanent residency holder might be eligible to apply for becoming a Cyprus Tax Resident with the advantage of being exempt for worldwide dividend and passive interest income and from the profit of the sale of securities.

Fun (and some historical) facts about the island of Cyprus:

Cyprus

1. It's the original island of love

Cypriot legend claims Aphrodite, the Greek goddess of love, was born and rose from the foam (“afros,” in Greek) near a rock off what’s now Aphrodite’s Beach.

Waves breaking over the rock create pillars of foam that islanders say look just like the goddess herself.

However, the place name in Greek, Petra tou Romiou (Rock of the Greeks), has nothing to do with Aphrodite. It’s associated with Greek hero Digenis Akritas, who threw huge rocks at his enemies.

Those that missed landed in the sea — and became tourist attractions.

2. It has the world's oldest wine label

To be exact, the Cypriot dessert wine commandaria is recognized as the world’s oldest named wine.

Knight crusaders are thought to have named it in the 13th century, but it may have been made for 5,000 years. King Richard the Lionheart of England is said to have been so taken with commandaria that at his wedding he pronounced it “the wine of kings and the king of wines.”

Produced in the fertile high-altitude slopes in the southwest of Cyprus, it has a sweet, herby taste that evokes the island’s aromas.

https://leogeminternational.com/wp-content/uploads/2021/02/haloumi.jpg

3. Cyprus haloumi is the real deal

Eat it raw and it squeaks in your teeth, grill or fry it and it’s crispy and gooey — haloumi cheese is served almost everywhere on Cyprus.

It’s typically made from goat’s or sheep’s milk — sometimes both — that’s been soaked in brine and mint. Many Cypriot families make it themselves.

The United States and the EU have recognized haloumi as a traditional Cypriot product, so officially haloumi is only haloumi if it’s made in Cyprus.

4. The diving is world class

Cyprus has one of the world’s widely acknowledged top 10 wreck diving sites.

It’s the wreck of the Zenobia, off the coast of Larnaca.

The cargo ship sunk in the 1980s and is still largely intact, with carpets and vending machines rotting on her decks. It’s said the owners never claimed on the insurance. Barracuda and tuna have now made it their home.

Paphos

5. The ancient tombs are rock solid

The Tombs of the Kings are Paphos’s main tourist attraction and an important reasons for the site’s World Heritage listing.

Called “monumental” and “magnificent” by the UN, the 4th-century-BC resting places are carved from solid rock, complete with Doric pillars.

They’re unique in Cyprus because of their peristyle court structure, influenced by Egyptian architecture.

In layman’s terms, this means they were built like courtyards with colonnades and roofs. The ancient Egyptians believed the tombs of the dead should resemble the houses of the living.

Despite the name, no kings are actually buried here — only members of high society. The tombs got their name because of their grand appearance.

6. Its national symbol is a (very shy) sheep

It’s the national symbol, but you may never see it.

Cyprus’ mouflon is one shy sheep. It was once considered vermin, so you can’t entirely blame hunters for its demise. By the 1930s, there were only 15 mouflon, technically a subspecies of wild sheep, left on the island.

But conservation programs mean there are now thousands — somewhere. A couple of small herds are kept under protection.

One is at Stavros tis Psorkas on the west side of the Troodos mountains — but, even here, the animals keep a low profile.

https://leogeminternational.com/wp-content/uploads/2020/10/logo3.png

Make yourself at home

© 2020 Leogem International
Designed by Design Master