From social housing to high-end casino, president praises changing Limassol
President Nicos Anastasiades, during his visit to various major construction projects in Limassol on Saturday, said he hoped that the government would soon be able...
Foreign investment
How relatives and allies of Cambodia’s ‘iron fist’ leader gained Cypriot citizenship
By Clare Baldwin and Andrew RC Marshall Cambodia’s long-ruling prime minister, Hun Sen, had gathered athletes at his imposing office for a televised pep talk....
Foreign deposits now provide genuine investments says minister
Finance Minister Harris Georgiades said on Wednesday that the practice by which non-EU nationals and shell companies could deposit large sums of money into Cypriot...
EU leaders unite over Trump tariffs, foreign investments
European Union leaders pledged on Friday to react firmly against protectionism and called for a new EU law to screen foreign investments, with Washington and Beijing clearly...
Award ceremony for top foreign investors
Six foreign investors were acknowledged for their contribution to the economy during this year’s Cyprus Investment Promotion Agency (Invest Cyprus) awards, while a seventh was...
MPs plan to streamline transfer fees and VAT on land sales
Lawmakers plan to draft a bill aiming to eliminate a distortion where certain buyers of real estate must pay property transfer fees while others do...
Limited resources of company oversight body ‘an accident waiting to happen’
The Cyprus Securities and Exchange Commission (Cysec) said on Monday that it is operating on a shoestring budget, nowhere near enough to exercise oversight over...
Anastasiades to address Cyprus investment forum in New York
President Nicos Anastasiades is due to attend, and deliver the key address at the Invest in Cyprus Forum in New York on March 22, it...
Tax breaks aim to lure rich foreigners
By George Psyllides PRESIDENT Nicos Anastasiades on Wednesday announced tax incentives, including a 50 per cent cut in property transfer fees, to boost economic activity...
Red-tape still the bane of foreign investment
By George Psyllides Bureaucracy, lack of confidence in the banking system, and delays in decision making were cited as Cyprus’ main disadvantages in a survey...
