The island of Cyprus is reliant on tourism which represents
approximately 12% of GDP. The latest
figures from the Cyprus state statistical service shows a 22.6% increase in the
number of visitors from Russia in July 2014. Over 116582 Russians visited the
island compared to 96641 in July 2013.
There was a small dip in the number of visitors from Britain
but still the largest number at 127152 for July 2014 compared to 132566 in July
2013.
The total figures for the first seven months of this year
are: British 478882, Russians 372457, Sweden 57676 plus many tourists from
other countries around the world. During 2013 Cyprus welcomed 2.4 million
visitors and it looks like 2014 will see an increase on the previous year.
Tourism income brings in around €2.0 Billion per year.
Cyprus is still seen an an ideal location for those who are
seeking to purchase a holiday home or retirement or investment property.
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