One of the main objectives of the economic policy of the
Republic of Cyprus is to further encourage foreign direct
investment and to attract high net worth individuals to settle and
conduct their business in Cyprus. Key factors that make Cyprus an
attractive destination for investment, is the highly specialized
human capital, the reliable legislative and regulatory framework,
the stable tax system and the safety and stability conditions
prevailing in the country.
Within this framework and taking into account the strong
investor interest, the Government of Cyprus has established and
revised the "Cyprus Investment Programme" on the basis of
subsection (2) of section 111A of the Civil Registry Laws of
2002-2019, with specific incentives, terms and conditions and
control procedures in order to prevent abuse.
