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2023-Cyprus-Country-Report

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CYPRUSCOUNTRY REPORT <strong>2023</strong><br />

Contents<br />

CYPRUS AT A GLANCE<br />

Key Facts & Figures 8<br />

GOVERNMENT & POLITICS<br />

A Gateway Between East and West 12<br />

COUNTRY OVERVIEW<br />

Small Island, Big Ambitions 16<br />

ECONOMY<br />

Diversifying for Growth 24<br />

FOREIGN DIRECT INVESTMENT<br />

Secure EU Investment Destination 32<br />

INSIGHT<br />

Minister of Energy, Commerce, and Industry George Papanastasiou 44<br />

HEADQUARTERING<br />

Rising HQ Star 48<br />

WHO’S WHO IN CYPRUS<br />

The definitive guide to <strong>Cyprus</strong>’ leading companies,<br />

executives, and professional advisors 54<br />

SPOTLIGHT<br />

<strong>Cyprus</strong> Real Estate 56<br />

PROPERTY SHOWCASE<br />

Leading Developments in <strong>Cyprus</strong> 60<br />

INCENTIVES<br />

Attracting Non-EU Business 64<br />

SECTOR PROFILES<br />

Find out more about the economic sectors of <strong>Cyprus</strong> 70<br />

BUSINESS OPERATING ENVIRONMENT<br />

Guide to doing business in <strong>Cyprus</strong> including business costs, commercial and<br />

residential property, and salary survey 72<br />

TAXATION<br />

Tax and Regulatory Regime of <strong>Cyprus</strong> 77<br />

TRAVEL & LIVING<br />

The Profiler Group Essential Expat Guide 83<br />

6

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