The beautiful island of Cyprus, birthplace of Aphrodite Goddess of love and beauty, is a unique place where the legend of 8,000 years of culture joins with modern living in a harmony which gives Cyprus a charm and individuality incomparable to any other place. Cyprus offers the best of both worlds: Excellent cosmopolitan restaurants and night-clubs, famous wines, sandy beaches, windsurfing or water-skiing and facilities for all kinds of sport such as tennis and horse-riding. Alternatively one can visit quiet mountain villages seemingly untouched by the twentieth century.
Among the reasons for the development of Cyprus as a major commercial centre are the island's key geographical position, its excellent infrastructure and numerous tax advantages. The privileged geographical location of the island being at the cross-roads of three continents makes it easily accessible and foreign participation in the Cyprus economy is officially encouraged. Cyprus has become an important financial centre due to the tax incentives and high standard of living. Cyprus became a member of the EU on 1st May 2004 and thus the limitations related to the minimum level of investment and foreigners' participation percentage have been eliminated.
Cyprus enjoys an established socioeconomic infrastructure and it promotes both national and international trade and commerce. Cyprus is fast becoming the businessman's newly discovered paradise.