2022-2023 Cyprus Country Report
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CYPRUSCOUNTRY REPORT <strong>2022</strong><br />
FOREIGN DIRECT INVESTMENT<br />
EU Investment<br />
Destination<br />
<strong>Cyprus</strong> has attracted formidable foreign<br />
investment from around the world with billions<br />
flowing into new projects in multiple sectors,<br />
proving the island nation continues to have a<br />
strong pull factor with global investors.<br />
<strong>Cyprus</strong> has been a hive of activity in recent years, with several notable projects<br />
already implemented or in the pipeline, strengthening the country’s image and<br />
foreign direct investment (FDI) appeal. Large-scale real estate projects, luxury marinas<br />
and tourism infrastructure, coupled with developing opportunities in the energy, asset<br />
management and shipping sectors have all reinforced <strong>Cyprus</strong>’ status as an interesting<br />
investment destination.<br />
An added benefit of <strong>Cyprus</strong> is its geostrategic location and secure and stable EU<br />
environment in an often-turbulent region. These factors coupled with the introduction<br />
of new incentives are encouraging increasing numbers of companies from across<br />
the world to set up headquarters on the island, solidifying its position as an attractive<br />
gateway to both established and developing markets. More recently, <strong>Cyprus</strong> has also<br />
started to gain serious traction in attracting more innovative high-tech organisations<br />
to set up on its shores – rebranding itself as an emerging tech hub.<br />
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