Foreign Direct Investment Foreign Direct Investment
Contact Information
Postal Address
Antonis Andreou & Co
Advocates - Legal Consultants
23-25 Piliou Street
George Mattheou Court,
5th Floor, 6037 Larnaca,
Cyprus

Contact Numbers
Tel:
Fax:
+357-24-828373
+357-24-824424
Corporate Email
info@antonisandreou.com

Foreign Direct Investment


Cyprus, a full EU member since May 1, 2004, has a liberal climate for investments.  It also has good business and financial services, modern telecommunications, an educated labor force, good airline connections, a sound legal system, and a low crime rate.

Investing in Cyprus has never been more attractive. Cyprus' geographic location, tax incentives and modern infrastructure make it a natural hub for companies looking to do business with the Middle East, Eastern Europe, the former Soviet Union, the European Union, and North Africa.  As a result, Cyprus has developed into an important regional and international business center.  According to the latest United Nations Conference on Trade and Development (UNCTAD) "World Investment Report 2006," Cyprus ranks among the world's leading countries per capita in terms of attracting foreign direct investment (FDI).  Non-EU investors (both natural and legal persons) may now invest freely in Cyprus in most sectors, either directly or indirectly (including all types of portfolio investment in the Cyprus Stock Exchange) with some exceptions.

Cyprus' sunny climate and beautiful sandy beaches together with its geographical proximity to 3 continents has led to the country being a prime location for real estate development.  Many foreigners buy holiday or retirement homes on the island or simply invest in the property sector.

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