UK nationals can benefit from the Cyprus Government provisions to secure their residence rights and at the same time keep their EU rights. Cyprus already has more than 80.000 Britons residing and this number is expected to grow in the next two years according to experts.
The location, the personal and corporate tax, the great climate and beaches, the EU umbrella, the marine and business hub, the high quality of education are some of the reasons families from all around the world choose Cyprus to reside.
Every physical person who settles in the republic has to obtain a Cyprus Tax Identification Number. The acquisition of Cyprus Tax Identification Number is a simple process and usually takes 1-2 days to completion.