RuesCinéArt is a project under study that involves the development of a themed, related to arts and cinema, neighbourhood planned to be built in the cosmopolitan island of Mediterranean, Cyprus.
The central idea of this unique, by any standard, project involves the development of five (5) thematic areas which all in one will compose an unforgettable experience to its visitors. When fully implemented, this themed neighbourhood will, in a nutshell comprise of various buildings, venues and attractions with architecture and design that comes from a past era.
Why in Cyprus
Cyprus' strategic location at the crossroads of three continents (Europe, Middle East/Asia, and Africa) makes it an established international business hub and a popular tourist destination in the region.
Member State of the EU and Eurozone
Cyprus is a full member state of the European Union since 2004 and has been using the Euro as its official currency since 2008, which makes it an attractive location for investors.
Attractive Tax System
Cyprus maintains an attractive tax system with a corporate tax rate of 12.5%, which is one of the lowest in the EU.
Cyprus' legal system is based on the UK legal structure and legislation and is fully compliant with EU legislation as a full member of the European Union.
Professional Services – Talented Workforce
Cyprus offers a business-friendly environment with a broad range of high-quality professional services and a multilingual, highly-educated and talented workforce with international business experience.
Cyprus has an advanced and modern infrastructure with a combination of an advanced road system, two international airports, and two multipurpose sea ports in Limassol and Larnaca, creating a fast, efficient, and cost-effective environment for transportation in and beyond Cyprus.
Key and Growing Sectors
Cyprus is an established international business hub with unlimited investment opportunities and high potential in various key and growing sectors, including tourism and hospitality, banking, corporate and financial services, shipping, investment funds, real estate, education, innovation, and technology.
Weather & Quality of Life
With over 300 days of sunshine, residents in Cyprus enjoy a high quality of life and a wide variety of outdoor activities across the island, which include hiking, cycling, windsurfing, and swimming. The secure, safe, and healthy environment in combination with the high standards of services in all aspects of the economy, the well-known Cyprus hospitality, and the Mediterranean gastronomy make Cyprus an attractive location for investment.