Foreign investors in Cyprus told President Nikos Christodoulides the government must address infrastructure shortcomings that hinder their business plans for the island. Investors were brought together during a roundtable discussion organised by
By analysing the total number of sales contracts deposited in the Land Registry Office during the first five months of each year, it becomes evident the Cyprus real estate market is experiencing
In an attempt to attract foreign investments to the Island and help economic growth, the Cyprus government in March 2021 revised Regulation 6(2) of the Aliens and Immigration Regulations. These amendments were
About 27 immigrants per 1000 people arrived in Cyprus from countries outside the European Union last year, one of the highest ratios in the bloc, according to Eurostat data. Some 22.7% of
Since the New Strategy for Attracting Businesses and Talents was launched in January, the government has received a bumper 9090 applications from foreign companies, with 97% examined. An event by the Cyprus
US Ambassador Judy Garber believes Cyprus is moving in the right direction as an investment destination and bilateral ties with Washington. Garber was a keynote speaker at the “Investment Realized” forum organised
Fearing a takeover of vital sectors of the economy by foreign interests, the government is promoting a bill that allows the state to stop deals that may endanger essential services. The bill
Cyprus has welcomed the 50-place jump on the Greenfield FDI Performance Index, which measures countries’ foreign direct investment attractiveness. It is ranked 18, going up by 50 places compared to 2020 in
Cyprus has stepped up its security measures outside embassies in Nicosia following Russia’s invasion of Ukraine, said police spokesperson Christos Andreou. In comments to the Cyprus News Agency (CNA), Andreou said that
The government has announced its new action plan for attracting foreign businesses to establish or expand their activities in Cyprus. The announcement came a year after the abolition of the previous investment
