Attracting foreign direct investment is at the heart of
Cyprus' development strategy. In line with this policy, the
Cyprus government has introduced the Cyprus Investment Programme to enable
foreign investors to obtain full Cypriot citizenship (EU-member
state).
Cyprus has been a full member of the European Union since 2004
and adopted the euro as its currency in 2008. The small but dynamic
country of Cyprus has a modern, free-market, service-based economy
with an effective and transparent regulatory and legal framework, a
highly competitive tax system bolstered by an extensive network of
over 60 double tax treaties in force worldwide.
A business friendly environment and advanced infrastructure,
combined with a high quality of life, allows investors and their
families to enjoy the best of both worlds. Ease of doing business,
safety, stability, year-round sunshine, beautiful beaches and
mountain scenery, as well as an array of historical and cultural
attractions,
