Cyprus Investment Promotion Agency

Upcoming Events

Shanghai World Expo 2010, CYPRUS PAVILLION: CIPA-Asian Businesses and Investor Event May 05, 2010
Annual General Assembly, Hilton Park, Nicosia Apr 28, 2010

Success Stories

Columbia Ship Management Ltd.
Kardex Systems Ltd
ASBISc Enterprises PLC (“ASBIS”): leading global IT distributor
Uniteam Marine

Investment Opportunities

General Information

We welcome investment opportunities in the key sectors outlined in the site.

Living and working on the island for all seasons

Living and working on the island for all seasons

Cyprus offers a wonderful environment for a very comfortable standard of living

 
Indicatively, according to the latest publication of the Human Development Index which is a measure of the standard of living of a country, published by the UN Development Program (UNDP) in 2005, Cyprus ranks as the 28th highest in the world, with 90.3 points. The highest scorewas 96.8 points.
 
Arts and culture have a long tradition in Cyprus with historical monuments dating back to 10,000 BC. In the capital of Lefkosia there are over seventeen museums showcasing a broad array of archaeological collections, byzantine icons, coinage, paintings, and other cultural treasures. Cyprus boasts several artists and painters and the gallery community has grown steadily in the last few years. The Performing Arts are flourishing. Throughout the year, local and international festivals, concerts of renowned performers and events take place in ancient open air amphitheaters, including international independent fi lm festivals, annual classical music festivals and an opera festival at the end of summer.
 
In the recent years a burgeoning fashion milieu has grown from numerous young, creative and entrepreneurial fashion designers, many of whom have trained in the world’s renowned art and design institutions and fashion capitals.
 
Gastronomy and wine have a long tradition in Cyprus. Local cuisine based on the Mediterranean diet provides several culinary treasures ranging from healthy salads, the famous halloumi cheese and vegetable appetizers, to main courses which include goat meat on the spit, pork reduced in wine,
and scrumptious honey dipped deserts and fruits preserved with recipes dating back hundreds years.
 
Stress levels are low and business is still largely done with a personal touch and slower pace of life. Crime rates are very low and the sense of safety and security is quite high across the country.
 
Commutes are minimal. The island has a developed network of four lane highways linking all main destinations. One can drive from the capital, Lefkosia, to the beach in Larnaca, in about 30 minutes.
 
With a pleasant weather throughout the year, sports aficionados can ski in February, swim and kite surf until October, bike and play tennis and golf all year!
 


Latest News

The Cyprus Securities and Exchange Commission approves the application of a Gazprombank affiliate to obtain a Cypriot Investmen - Jan 20, 2010
Interview with the Cyprus Trade Commissioner in New York, Mr. Aristos Constantine. - Dec 22, 2009
Cyprus ranked 40th out of 183 countries in DoingBusinessReport 2010 - Sep 08, 2009

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