Foreign firms want schools, housing

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

Cyprus revises foreign residency rules

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


Cyprus shoots up foreign investment index

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

Police beef security at foreign embassies

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

New action plan for foreign investments

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