Cyprus: An Investment Hotspot
Large-scale projects, privatisations, and a burgeoning oil and gas sector are firmly placing Cyprus on the map as a hotspot for investment.
Why Cyprus Attracts Global Investors
Attracting foreign direct investment is at the heart of the Government’s policy. It is committed to creating optimal conditions for businesses to flourish by simplifying administrative procedures, improving the tax framework, guaranteeing an open and transparent legal system, and eliminating internal barriers.
Cyprus has seen considerable GDP growth for eight consecutive quarters, a result of the new incentives as well as increased activity in tourism, trade, manufacturing, and real estate.
+32%
Annual tourist arrivals in Cyprus have seen a 32% increase this year, as announced by the Tourism Minister. A steady stream of tourist arrivals is anticipated until November. It’s evident that Cyprus is enjoying a prosperous tourism year. Arrivals have risen by about 32%, and revenues have jumped by 34%. An increase in per capita spending further highlights this positive trajectory.
12.5% Tax
In recent years, Cyprus has become a leading global business hub, ideal for corporate headquarters and foreign investments. With modern infrastructure, skilled multilingual professionals, and English as the main business language, it continues to strengthen its regional influence. Its 12.5% corporate tax rate—one of the lowest in Europe—makes it a top destination for businesses and entrepreneurs.
2.5% Tax
The IP-Box program offers a beneficial tax framework for companies engaged in intellectual property pursuits, encompassing IT development. This initiative substantially lowers the tax implications on earnings from eligible assets like software, mobile apps, games, patents, and other intellectual creations.
Gdp growth rate
A prosperous future
Leading maritime hub
3rd
largest fleet in the EU
10th
largest merchant fleet in the world
€1BL
in annual revenue
7%
of GDP
- 1st third-party ship management centre in the EU
- 3rd largest fleet in the EU
- 10th largest merchant fleet in the world
- €1 BL in annual revenue
- 7% of GDP