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Region Information >

Cyprus

Regional information

  • Population:1.207 million
  • Area:9,251 km²
  • Official language:Greek, Turkish
  • Currency:euro
  • Capital:Nicosia

geography

Cyprus is located in western Asia and is an island nation in the eastern Mediterranean. The island of Cyprus is the third largest island in the Mediterranean, after Sicily and Sardinia, with a coastline of 537 km.

climate

To the north is a narrow mountain range with many hills; The southwest is a mountain range with a higher terrain; In the middle is the Plain of Mesoria. There are impermanent rivers on the island, with only a few intermittent rivers. It is a temperate Mediterranean climate, with hot and dry summers with an average temperature of 28-35 °C, and winters with mild and humid temperatures of 4-10 °C.

Economic profile

In 2019, Cyprus’ gross domestic product (GDP) grew by 3.2%, exceeding the EU average. Cyprus’ economic structure is dominated by services, with tourism, shipping, financial services and real estate being its characteristic industries. According to the World Economic Forum’s Global Competitiveness Report 2019, Cyprus ranks 44th out of 141 of the world’s most competitive countries and territories. According to the World Bank’s Doing Business report 2020, Cyprus ranks 54th out of 190 countries and territories.

welfare

  • Maternity allowance
  • Child benefits
  • Family allowance
  • Guardianship allowance
  • Single parent allowance
  • Child support
  • Care allowance
  • Income support
  • Disability subsistence allowance
  • Suffering allowance for the unemployed
  • Sick leave benefits
  • Social insurance, nursing home and nursing home allowances

international relations

Cyprus is a member of the United Nations and a member of the Commonwealth, the World Bank, the International Monetary Fund and the Council of Europe. In addition, the country had signed the General Agreement on Tariffs and Trade and the Multilateral Investment Guarantee Agency Agreement.

CyprusThe following immigration programs are available:

-

Cyprus Citizenship by Investment Program

-

Cyprus Permanent Settlement By Investment Program

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Edmmigrate Global Consulting
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Irvine, CA 92614, U.S.A.

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