Increasing number of Asian investment funds in Cyprus PUBLISHED ON 15/06/2018
Cyprus has become a gateway to Europe for many Asian investment funds. Due to its strategic location, flexible legislation, low costs and numerous other advantages many Asian funds prefer to establish their base in Cyprus. According to Mr Andreas Yiasemides, vice president of the Cyprus Investment Funds Association there is an increasing number of funds […]
Hong Kong the world’s second most competitive economy PUBLISHED ON 08/06/2018
Hong Kong has been ranked as the second most competitive economy in the world by the IMD, International Institute for Management Development in its World Competitiveness Ranking 2018. 63 countries have been assessed for the purpose of the study based on the following four competitiveness factors; economic performance, government efficiency, business efficiency and infrastructure. The […]
Cyprus Passport scheme – stricter procedures, limited number of passports PUBLISHED ON 07/06/2018
Due to the mounting criticism of foreign countries Cyprus has tightened its vetting process in its Citizenship by investment scheme. After the changes the scheme applicants will be subjected to more rigorous vetting procedures and enhanced due diligence. Finance Minister, Mr Harris Georgiades said that the new procedures will be stricter and more credible and […]
Approximately one million people acquire citizenship of an EU member state in 2016, 4,660 in Cyprus PUBLISHED ON 24/05/2018
A total of 4,660 persons acquired the Cypriot citizenship in 2016, according to data published today by Eurostat, the statistical service of the EU. According to Eurostat, 24.8% of them were Russians, 15.6% Greeks and 7.2% from the United Kingdom. An increase of 40% was registered compared to 2015. In 2016, around 995,000 persons acquired […]
Cyprus economy uptrend continues in 2018 PUBLISHED ON 23/05/2018
During the first quarter of 2018, the economy of Cyprus rose by 0,8%, compared with Q1 of the previous year. The European Bank for Reconstruction and Development readjusted its forecast for the economic growth of Cyprus in 2018 from 2,5% to 3,2%, while the European Commission estimates 3,6%. According to the Registrar of Companies the […]
The 30-year view: examining the future of gold PUBLISHED ON 18/05/2018
Cyprus is a perfect place for investment across a wide range of sectors, offering a wide range of advantages!
The real return on investment! Whatch the video clip about Cyprus – and why Foreign Direct Investment (FDI) in Cyprus increased by 9,1 % in 2016!