Welcome to the Jewel of Cyprus Website.
The Home of Luxury Property Development

Jewel of Cyprus was founded in 2004 and since then has developed and sold some of Cyprus’ most beautiful properties. With the modern designs and amazing features, every property developed by Jewel of Cyprus leaves prospective buyers in awe.

As well as our luxury properties, we have our professional and highly trained Sales Agents who will be able to walk you through every step of the purchasing process and will be able to guide and consult on Immigration and EU Citizenship by Investment.

Our website will allow you to find Investment Opportunities, Luxury Homes and information on EU Citizenship by Investment, all provided in-house and with expert knowledge.

About Cyprus

The Republic of Cyprus became a member of the EU on 1st May 2004 and also joined the Eurozone with effect from 1st January 2008. It also counts itself as a member of the United Nations, the Commonwealth, the Non-aligned Movement and the European Council.


Cyprus enjoys a relaxed, Mediterranean lifestyle and has some of the most popular beaches in Europe. With a robust infrastructure, excellent academic institutions, a world-class healthcare system and the lowest crime rate in Europe, Cyprus offers an enviably high standard of living.


Both Cypriot and international banks operating in Cyprus are based on international banking systems and are able to offer highly specialised and efficient financial services to individuals and businesses.

Bank accounts for Cyprus companies, international companies (UK, Russia, etc.) and offshore jurisdictions (BVI, Belize etc.) can be opened and activated in Cyprus within hours. Full online and credit card facilities are widely available providing for easy access to funds globally.


International accounting firms are well-represented in Cyprus with most accountants being British-trained and members of either the Institute of Chartered Accountants of England and Wales or the Chartered Association of Certified Accountants. Similarly, there are several well-established law practices with highly qualified people who are able to advise on all aspects of business and commercial law.


Cyprus has implemented a business-friendly tax system with a corporate tax rate of just 12.5%, the lowest in the EU. Cyprus has double taxation treaties with more than 44 countries, and as a member of the Eurozone, has no exchange restrictions.

Non-residents and foreign investors may freely repatriate proceeds from investments in Cyprus in the most tax effective methods.

Cyprus companies are exempt from taxation on the following sources of income:

  • Dividend Income
  • Profits from overseas companies
  • Profits from sale of shares
There is no withholding tax on the following:
  • Dividends paid to non-residents
  • Interest paid to non-residents
  • Royalties paid from Cyprus