During the past few years, Cyprus has developed into a favourable foreign direct investment destination. The development thus far is the result of several key drivers coming together and providing a solid foundation for sustainable growth.
These key drivers include the strategic geographic location of Cyprus, perched at the crossroad of three continents, the continued economic stability and steady economic growth, and the memberships in the European Union in 2004 and the European Monetary Union in 2008.
Moreover, the extremely favourable tax regime combined with the highly educated, multilingual work force employed in wide array of professional services in areas such as taxation, law, banking and finance, also make Cyprus an ideal environment for foreign direct investment.
In addition, the beautiful Mediterranean island setting, the exceptional weather and the warm hospitality of Cypriots, coupled with a secure and high standard of living, compose an even more welcoming destination to live and work.