Tourism is a vital industry in Cyprus and thus Govern-ment encourages and support investments in this area. Cyprus has about 2.5 million visitors per year; a high rate compared with the islands population (793,100). An interesting factor in tourism statistics is that a signifi&...

Direct investment as well as portfolio investment in Cyprus from European Union member states were liberalised in January 2000. Investors from the EU are allowed 100% equity participation in any enterprise with¬out a minimum level of capital investment. For direct investments...

There is an increased interest internationally for the in-corporation of Cyprus International Business Companies (IBCs). Today such registrations have reached 60,000. Cyprus enacted new tax legislation and harmonised with the EU Laws and Directives, the Code of Conduct and the Or...

Cyprus has reversed the dismal European property market trend in the past five years, using tourists as the catalyst. Rules on buying property are straightforward, because the land registry system offers security of title and protection of ownership. No rates or other heavy cha...