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ARTICLE · 01 AUGUST 2025

The New Framework For Cyprus Direct Foreign Investment

Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
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Cyprus is getting one step closer to the establishment of a national mechanism for the screening of Foreign Direct Investment (FDI).

CyprusGovernment, Public Sector
Eleni Drakou
Eleni Drakou
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Cyprus is getting one step closer to the establishment of a national mechanism for the screening of Foreign Direct Investment (FDI). A bill was approved by the Council of Ministers on 2nd July 2025 and was sent to the Cyprus Parliament on 10th July 2025 for discussion and voting.

The FDI mechanism has been subject to deliberation and extensive discussions with stakeholders for over three years, in an attempt to set a protective framework for investment. The bill aims to be aligned with European Union standards, implementing the EU Regulation 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the European Union.

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