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About Cyprus

US and Canadian study abroad students (Global Semesters) should refer to the Global Semesters website

Cyprus is situated in the north-eastern corner of the Mediterranean, at the meeting point of Europe, Asia and Africa. Since the dawn of history, Cyprus has been one of the most interesting areas of the region, with a rich and visible cultural history. Ancient Greeks, Egyptians and Romans, along with Crusaders, Byzantines, Franks and Ottomans have all left a powerful legacy for the modern visitor to see and admire.

Cyprus is endowed with golden beaches, virgin green forests and other natural wonders. The environment is one of the healthiest in the world, free from pollution and the other ill-effects of industrialised countries. Crime is almost non-existent and the Cypriot people are famous for the warm and friendly welcome they extend to visitors.

Like Singapore and Hong Kong, Cyprus is an important financial and business centre, with over 70% of the economy focused on services. The main industries in Cyprus are financial and professional services, banking, investment management, shipping, tourism and real estate.

Cyprus hosts the financial infrastructure for thousands of multinational companies due to its stable and modern legal and tax environment, highly educated workforce, and excellent quality of life. On the tourism side, Cyprus has over 1,000 hotels and resorts and one of the most developed tourism infrastructures per-capita in the world. Cyprus is also a global maritime hub. It is the 2nd largest ship management centre in the world, responsible for maintaining and operating a large percentage of the world’s fleets. It also has the 3rd largest merchant fleet in the EU.

UNIC has exceptionally close ties to industry. We are by far the leading trainer of the accounting profession in Cyprus, we have the longest track record of hospitality education in the country, and we recently established the Cyprus Maritime Academy, an initiative supported by the world’s largest shipping companies.