The government of Cyprus, in association with the private sector, has been implementing a multi-spectrum, investment-led development policy based on attracting foreign capital inflows.
Whether this relates to incoming tourists, hydrocarbon exploration, citizenship by investment, or investments funds registering in Cyprus, the strategy depends on foreign capital.
But that strategy faces significant challenges in a world where capital access and ultimate beneficial ownership is closely monitored and controlled.
The strategy of investment attraction has not been met by equivalent investments in quality of life, governance or workforce.
As a result, investors in Cyprus need to make very specific plans for how this jurisdiction fits into their wider strategy. Investors also need reliable partners in Cyprus and internationally.
This presentation was prepared by Philip Ammerman of Navigator Consulting and delivered at a conference organised by KENDRIS in Larnaka, Cyprus on 18 October 2019. All in
