About Cyprus

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Cyprus is the third largest island in the Mediterranean, with an area of 9,251 km² and a population estimated 1 207 359 people in 2020. The strategic location of the island has played an important role in establishing Cyprus as a business hub since antiquity and as a very popular tourist destination. Cyprus has been a member state of the EU since 2004 and a member of the Eurozone since 2008. The combination of quality people, business infrastructure and availability of investment opportunities continue to make it an ideal business hub in the region.

Cyprus has a services based, small, open economy, characterised over the years by remarkable resilience.

The traditional main pillars of the economy have been Tourism, Shipping and the Professional Services Industries.

Whilst the country has been continually facilitating the improvement and modernisation of its traditional industries, it is also looking to develop an ecosystem that promotes innovation, research & development as well as start ups. Cyprus is a well regulated funds jurisdiction and is looking to become an Eastern Mediterranean Oil & Gas hub.

Finance and public sector efficiency are showing strong improvement and confidence in the Cyprus economy has been largely restored. Foreign Direct Investment follows are on the rise, whereas new investment opportunities are been created in traditional and emerging sectors.

- Cyprus has a reputation for a good education system, with numerous world class English primary & high schools
- Top 3 countries in Europe With regards to the amount of GDP it spends on education
- Over 30 private institutions of tertiary education: 

- Public universities: 

       University of Cyprus 

       Cyprus university of technology open 

       University of Cyprus 

- Private universities: 

       European university of Cyprus university of Nicosia
      University of Central Lancashire Cyprus