INFORMATION



CYPRUS
Cyprus has emerged as an ideal location for International Businesses, mostly due to the ample benefits it offers to companies desiring to expand their activities. A full member of the European Union since 2004, Cyprus provides world-class services and excellent infrastructure that help facilitate the growth of International Businesses.
Over the years, Cyprus has attracted a substantial number of international companies due to the favourable business conditions the island provides. The lowest corporate tax rate in the EU, the wide range of double taxation treaties, the sophisticated financial services and the strategic geographical location at the crossroads of three continents are further reasons Cyprus has become a reputable international business centre. Additionally, the multi-lingual and highly educated workforce and the abundance of well trained financial, legal and IT consultants allow businesses to flourish.
With its high living standard, superb communication system, advanced transport and mild climate, Cyprus excels as a prime business location and continues to register close to twenty five thousand companies per year. The ‘one-stop-shop’ for International Businesses serves as an important hub for investors in central and eastern Europe and has become the perfect bridge to the Middle East.

Sun and Sea

Sink your toes into warm sand, feel the sun warming your skin as you look out on the sparkling blue Mediterranean sea. Nothing beats Cyprus for a beach holiday. 
With an expansive coastline providing a wide variety of beaches to choose from, ranging from secluded bays, to lively resorts, sandy beaches and rocky coves, you are bound to find the right one for you. 
Relaxing in the sun is not the only reason to visit Cyprus. There’s a myriad of activities you could indulge in and being an island, water sports feature strongly. Try the waterpark for thrills, or bungee jumping for an extreme sensation. Discover the magic of the underwater world by snorkelling or diving in the warm crystal clear seas. Windsurfing and sailing can be enjoyed all the year round, thanks to steady winds and calm predictable seas, while coastal cruising and deep-water fishing are also popular. You could even use the island as a base for a short cruise to other nearby countries.

Climate and Weather

General Overview
Cyprus enjoys an intense Mediterranean climate of hot dry summers starting in mid-May and lasting until mid-September and rainy, quite mild winters from November to mid-March. Spring and autumn are effectively short intervals in between, characterised by smooth weather. With almost year-round clear skies and sunshine, daylight length ranges from 9.8 hours in December to 14.5 hours in June.
Average Temperatures
In broad lines, Cyprus's climate is characterised by hot summers and mild winters. There is a significant seasonal difference between mid-summer and mid-winter temperatures that ranges from 18° C inland to about 14° C on the coast. The difference in daily maximum and night minimum temperatures is also quite significant. In winter they range from 8° to 10° C on the lowlands and 5°to 6° C on the mountains and in summer from 16° C on the central plain and 9°to 12° C elsewhere.

Daily temperatures during the hottest months of July and August,range between 29° C on the central plain and 22° C on the Troodos Mountains .  The average maximum temperatures for these two months range between 36° C and 27° C. In January, the coolest month, the indicative daily temperature is 10° C on the central plain and 3° C on the higher parts of the Troodos Mountains while the average minimum temperatures are 5° C and 0° C.
Sea Temperatures
The temperature in the open sea hovers above 22° C from June to November, climbing to 27° C in August. Even during the three coolest months of January to March, average sea temperature are an acceptable 16° or 17° C. Near the coast, the temperature of water three or four metres deep is similar to that of the open sea, ranging from 15° to 17°C in February and from 23° to 28° C in August. There are no significant daily fluctuations in sea water temperatures, except in very shallow waters less than one metre deep.
Air Humidity
During the days in winter and at night throughout the year, humidity ranges from average to slightly low (65% - 95%). During summer it is very low near midday, ranging from 15% to 30% on the central plain. Fog is rare and typically occurs in early morning. Visibility is normally very good or excellent. There is an exception over a few days in spring when the atmosphere is very hazy due to dust from the Arabian and African deserts.
Sunshine
Cyprus enjoys a very sunny climate compared with most countries with 11.5 hours of bright sunshine per day over the six summer months. Even during the months of December and January, there is 5.5 hours of sunshine.
Winds
Winds over the island are relatively variable in direction and strength depending on the elevation of the land and local temperatures.
Clothing During Different Seasons
Clothing requirements vary, depending on the length and the period of your visit. During April and May, days are pleasantly warm, but temperatures may drop at night. Spring and summer apparel and long sleeved tops or light jackets for the evenings are recommended. From June to the end of August, very light summer clothing is a must. September to October see quite a few warm days andcool evenings. Light apparel for the day and long sleeves for the evenings in October is recommended. November has pleasantly warm days that can be enjoyed in jumpers and light jackets.
December and January will be the only winter you will get, even though it feels more like autumn for most visitors. It may rain occasionally, yet the promise of glorious sunshine is still there. Winter clothing is necessary, but not heavy coats. The possibility of fairly warm days is always there during February, as is the occasional rainfall. Milddaytime temperatures are the harbingers of spring but it can get quite cold inthe evenings and winter apparel will beneeded. Winter wear will also be appropriate during March with its moderate but sometimes unpredictable weather inviting you to enjoy Cyprus nature at its best.



Money and Currency



Currency
The currency of the Republic used to be the Cyprus pound - CY£. As from 1st January 2008 the Cyprus pound has been replaced by the Euro as the legal tender money of Cyprus at the irrevocable fixed exchange rate € 1 = CY£ 0,585274.
There are seven denominations in Euro banknotes: 5, 10, 20, 50, 100, 200 and 500 euro. They all have different colour and size, the higher the denomination, the bigger the size. One euro is divided into 100 cent. There are eight euro coins: 1, 2, 5, 10, 20 and 50 cent, €1 and €2. The designs on one side of the coins are common to all the countries of the euro area, while the other side reflects national identities. All euro coins can be used in all euro area countries, irrespective of their national side.
More details can be obtained at the Euro website for Cyprus
Currency Exchange
All banks operating in Cyprus offer foreign currency exchange services and quote the exchange rates of the Euro against all major foreign currencies daily. Foreign currency can also be exchanged at hotels. More detailed information concerning exchange rates can be obtained from the Central Bank of Cyprus . You can also use the currency converter .
Forms of Payment
Hotels, large shops and restaurants accept credit cards, travellers' cheques, Eurocheques and banknotes of major foreign currencies.



Food and Drink


With emphasis on fresh local ingredients, a pungent mix of herbs and spices and a light spattering of olive oil, Cypriot food is essentially Mediterranean, similar to that of Greece and with a hint of the Middle East and Asia Minor. 


Both poets and travellers past have praised the flavours of the island. In present times doctors and health specialists have added their voices in extolling the virtues of the Mediterranean diet. The grains and pulses, sun-ripened fresh fruit and vegetables, high-protein fish, lean meat and poultry, olive oil and wine are both a healthy option as well as an irresistible temptation.


In a society of extended families with close ties, it is not surprising that home cooking is an important feature of everyday life, with recipes passed down through the generations. Having a hearty meal in the company of friends and family is what it’s all about. No wonder that hospitality and conviviality are deeply ingrained in the Cypriot psyche, so much so that pleasing has become a fine art. So give free reign to your taste buds and indulge in a culinary feast.



Culture


Step back in time with a visit to Choirokoitia, one of the best preserved sites of a prehistoric settlement found in the Eastern Mediterranean, with its reconstructed round dwellings giving a vivid representation of what life was like at the dawn of civilisation.


Admire the exquisite floor mosaics of the Roman villas depicting scenes from mythology, arguably the best in the eastern Mediterranean and the impressive underground Tombs of the Kings nearby, carved out of solid rock and decorated with Doric pillars. Or enjoy an ancient Greek play performed in a Roman theatre with the most spectacular view on a cliff overlooking the sea.


Many fine examples of Byzantine art have survived on the island, which you can see for yourself in Cyprus’ painted churches with their colourful frescoes, ten of which have been put on the UNESCO World Heritage List. Marvel at the sumptuous pageantry of Greek Orthodox religious festivals whose origins go back thousands of years. 


In addition to the wealth of outdoor sites, tour the priceless collection of artefacts displayed in the various Archaeological Museum where you can see objects spanning the island’s history, including pottery, coins, jewellery, tombstones and statues.

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