Istanbul
Investment Zones
The Most Prestigious
Istanbul Investment Areas
Resources for
Investors
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POSITIVE ECONOMIC OUTLOOKPOSITIVE ECONOMIC OUTLOOK- Robust GDP growth
- One of the fastest growing EU economies
- Consecutive upgrades by credit rating agencies
- Positive macroeconomic forecasts
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HIGH QUALITY OF LIFEHIGH QUALITY OF LIFE- One of the best climates worldwide
- Top 5 safest country in the world (Value Penguin 2015)
- Top 4 best retirement destination globally (Knight Frank 2016)
- Most blue flag beaches per capita in the EU (Eurostat)
- Best island economy 2017/2018 lifestyle & human capital (fDi magazine)
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ACCESS TO TALENTACCESS TO TALENT- The youngest population & workforce in the EU
- 55% of the workforce has a tertiary degree
- Businesses in Cyprus operate in English and 73% of Cypriots speak English
- Booming private education sector with English taught programmes
- Visa-free access to European talent
- Easy access to global talent
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STRONG BUSINESS SUPPORT SERVICESSTRONG BUSINESS SUPPORT SERVICES- Wide range of services make starting & running a business easy
- 700+ registered accounting firms including all major global firms
- 2,700+ registered lawyers and 160 law firms
- A range of serviced offices & co-working spaces
- High availability of modern and affordable office space in all cities
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ACCESS TO MARKETSACCESS TO MARKETS- Full access to European markets
- Access to 40+ EU trade agreements
- A member of the Eurozone since 2008
- Geostrategic position
- Proximity & easy access to major markets
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ATTRACTIVE AND TRANSPARENT TAX REGIMEATTRACTIVE AND TRANSPARENT TAX REGIME- One of the lowest corporate tax rates in the EU at 12.5%
- An attractive Double Tax Treaty network covering more than 60 countries
- Access to all EU Tax Directives
- Dividend income exemption based on relaxed conditions
- Capital gains tax exemption
- No withholding tax on outgoing dividend, interest or royalty payments
- Gains from trading in securities are tax exempt
- Notional interest deduction available for equity investment into Cypriot companies
- Foreign Exchange gains or losses are tax neutral
- An attractive personal tax regime for international professionals and non-domiciled individuals
- No succession or inheritance taxes
- No immovable property taxes
- A competitive Intellectual Property regime
- Tailor-made provisions for the investment funds industry
- Competitive Tonnage Tax for Shipping companies and an approved EU open registry
- Tax deductions for investment into start-ups
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LOW COST OF DOING BUSINESSLOW COST OF DOING BUSINESS- Lower labour costs for technical and professional talents than in other major EU capitals
- Among the lowest office rental rates in Europe
- Highly affordable critical business support services
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EXCELLENT REGULATORY STRUCTUREEXCELLENT REGULATORY STRUCTURE- The legal system is closely aligned to the English common law legal system
- Frequently updated to meet investors’ changing needs
- Strong protection for investment & intellectual property (IP)
- Establishing a business is simple and fast
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