About Cyprus

There is an island bathed by the warm Mediterranean ocean, older than the ancient Greeks, which has seen the invasion of Greeks, Assyrians, Romans and Crusaders, and is steeped in history, tradition, and culture.

That place is Cyprus. The island is so incredibly beautiful that this is the place where Aphrodite, goddess of love, was said to be born from the foam of the sea.

One of the many legends that define Cyprus is the Saint Mamus legend, a man who was persecuted for tax evasion by the Romans. 

However, as he rescued a sheep from a hungry lion that he tamed, the courts were so impressed that they freed him form the obligation to pay taxes. So, yes, Cyprus has its own Patron Saint of tax avoidance since their old Christian times. In fact, good Christians living in Cyprus are obliged to minimize their taxes in order to honor the great saint whose tomb still can be found on the island for those of us (of The Mundo Mamus society) who venerate him. 

Modern Cyprus is indeed true to its legends. Its natural beauty has only increased with the construction of super residences, yacht clubs, schools, and playgrounds for the rich. Mamus is still loved by its inhabitants who consider tax optimization a sacred and civic duty, with low income taxes for tax residents and a plethora of low tax investment incentives, both for individuals and companies who choose tax residency in Cyprus. No wonder why, many communities of expats, such as Russians, Europeans, Middle Easterns and Latin Americans love to live, play and invest in this beautiful island.

And now Cyprus is open for investors and family offices with one of the most lucrative and prestigious citizenship by investment programs on earth so our Club members can bathe in the warm waters of the Aegean Sea with the Goddess of Love whilst praying to Mamus. 

Whilst geographically and politically close to all the wonders of Europe, Cyprus is a million miles away from the mental and spiritual decay of big brother socialism. If you believe in maximizing your spiritual, financial and personal freedom from big brother statism, then investing and living in Cyprus is for you and your Family. 

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Cyprus is one of the top destinations for investors seeking a combination of wonderful tax optimization opportunities with full compliance with international standards, amazing investment opportunities, and an overall gorgeous country.

A Mediterranean island and a full member of the European Union, Cyprus has been an independent state since 1960. It’s the third largest island in the Mediterranean Sea and a country rich in history and culture with beautiful beaches, a pleasant climate, and unique animal and plant species, which has led more than three million tourists to visit the island every year.

Cyprus is one of the safest countries in the world in both a political sense, for its stability, and on its personal security sense, because it has one of the lowest crime rates in the world.

Wonderful lifestyle, excellent personal security, friendly citizens, relaxed atmosphere, a growing and stable economy, and a uniquely attractive tax regime has led the island to increase its population from 700,000 inhabitants to a million inhabitants in the last seven years. Services are the base of the economy, with tourism, real estate, and financial services at the top.

The government has sought to create a favorable business environment and an offshore tax regime with low tax rates that is attractive for foreign investors. This policy has been successful, as tens of thousands of companies have registered in Cyprus since 1975. 

The country was able to negotiate a favorable agreement when it entered the EU in 2004, as domestic and offshore companies still only pay a 12.5 % tax. Cyprus allows great tax optimization possibilities because it has double taxation treaties with more than 50 other countries, including a good deal of Western countries, where taxes are usually particularly high. That means Cyprus is an active hub for investment and holding companies.

The country has a troubled history, as its unique location made it a jewel for competing empires and nations in the region. It finally gained its independence from the UK in 1960, but the country had a difficult beginning due to tensions between the Greek and Turk parts of the population. In 1974, Greek Cypriots staged a coup and demanded the island’s unification with Greece. In response, Turkey executed a military operation that led them to take one-third of the island’s territory. That part of the island is popularly called Northern Cyprus and operates independently, although its government is not recognized by any country aside from Turkey.

Even with its territorial issue, Cyprus is a stable democracy, a top touristic destination, and a thriving and free economy.

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