2022-2023 Cyprus Country Report
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CYPRUSCOUNTRY REPORT <strong>2022</strong><br />
Contents<br />
CYPRUS AT A GLANCE<br />
Key Facts & Figures 6<br />
GOVERNMENT & POLITICS<br />
A Key Player in the East Med 10<br />
COUNTRY OVERVIEW<br />
A Diversified Future 14<br />
ECONOMY<br />
Growth Fuelled by Resilience 22<br />
FOREIGN DIRECT INVESTMENT<br />
EU Investment Destination 30<br />
INSIGHT<br />
Minister of Energy, Commerce, and Industry Natasa Pilides 42<br />
HEADQUARTERING<br />
HQ Magnet 44<br />
INCENTIVES<br />
Attracting Non-EU Business 50<br />
SECTOR PROFILES<br />
Find out more about the economic sectors of <strong>Cyprus</strong> 56<br />
BUSINESS OPERATING ENVIRONMENT<br />
Guide to doing business in <strong>Cyprus</strong> including business costs, commercial and<br />
residential property, and salary survey 58<br />
TAXATION<br />
Tax and Regulatory Regime of <strong>Cyprus</strong> 65<br />
TRAVEL & LIVING<br />
The Profiler Group Essential Expat Guide 72<br />
PROPERTY SHOWCASE<br />
Leading Developments in <strong>Cyprus</strong> 91<br />
WHO’S WHO IN CYPRUS<br />
The definitive guide to <strong>Cyprus</strong>’ leading companies, executives, and professional<br />
advisors 95<br />
4
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