Invest in Cyprus: Your strategic gateway to Europe and beyond

Explore the articles below for exclusive insights from Cyprus’s top decision-makers across key sectors including tourism, residency by investment, finance, real estate, education and more

by Gulf Business

April 21, 2025

With its stunning Mediterranean coastline, thriving economy, and vibrant lifestyle, Cyprus offers an exceptional quality of life for individuals and families looking to live, work, study, or retire. The island combines warm hospitality with robust infrastructure, attractive tax incentives, excellent education, and world-class healthcare — making it a leading destination for expats and investors alike.

Explore the articles below for exclusive insights from Cyprus’s top decision-makers across key sectors including tourism, residency by investment, finance, real estate, education and more.

Invest Cyprus

Cyprus is rapidly Emerging as a Hub for Financial services, Tech innovation, and European Expansion

Marios Tannousis – CEO of Invest Cyprus

Cyprus is rapidly emerging as a premier destination for international businesses and investors, combining a strategic geographical position with a business-friendly environment and seamless access to European markets. Whether your goal is to expand into Europe or tap into cutting-edge innovation opportunities, Cyprus presents a diverse range of advantages tailored to your needs and business aspirations!

A Strategic Business Hub

As an EU and Eurozone member, Cyprus offers seamless access to European markets, making it an ideal base for international business. Its strategic location at the crossroads of Europe, Asia, and Africa strengthens its role as a key distribution hub.

Cyprus is also a leading financial services hub, with a competitive environment for banking, asset management, private equity, and fintech.

The EU membership ensures access to strong regulatory frameworks and European markets, while low corporate taxes and incentives attract global financial institutions.

The country has become a dynamic tech hub, with €4 billion invested in ICT in 2023, hosting over 800 tech companies.

Cyprus also offers world-class infrastructure, an educated workforce, high quality of life, and a safe environment for both business and personal growth.

Key Investment Opportunities for GCC Investor

Cyprus has significantly strengthened its relationships with the Gulf region, establishing strategic agreements and investment partnerships with Saudi Arabia, Jordan, and other prominent GCC nations.

These enhanced ties open a wealth of new investment opportunities, reinforcing Cyprus’s role as a key partner in the Eastern Mediterranean and a vital gateway to European markets.

Invest Cyprus, the National Investment Promotion Organization, plays a pivotal role in attracting international investment. The organization focuses on four high-potential sectors, each offering abundant opportunities for GCC investors:

International Business and Finance: Asset Management, Private Equity, Investment Funds, Fintech, Banking & Wealth Management

Technology, Innovation, and Education: Startups, ICT (Information & Communications Technology), Fintech & Blockchain, Artificial Intelligence (AI), Cybersecurity, Research & Development (R&D), Higher Education

Sustainable Development: Green Energy & Renewable Resources, Environmental Consulting

Invest Cyprus also connects investors and businesses to ongoing opportunities, helping them navigate new markets and expand their operations within Cyprus and beyond.

Cyprus offers Comprehensive Support for Investors

Invest Cyprus acts as a comprehensive one-stop shop for international investors, guiding them through every stage of the investment process.

From the initial inquiry to the establishment of their business in Cyprus, the organization ensures a seamless experience, offering tailored support at each step. Beyond business establishment, the Invest Cyprus provides ongoing aftercare, addressing investor concerns and supporting their continued success.

Additionally, Invest Cyprus advocates for key reforms that enhance the business environment, ensuring that Cyprus remains a competitive and attractive location for investment.

Your Gateway to Success and Growth

Cyprus offers a unique combination of strategic location, competitive tax benefits, and a thriving innovation ecosystem. For GCC investors, it’s not just a gateway to Europe—it’s an ideal platform for expanding operations and accessing lucrative markets.

With a stable economy, strong international ties, and a commitment to fostering business growth, Cyprus is the perfect place to drive your business forward.

Take the first step in your investment journey today by visiting Invest Cyprus and discover how we can help unlock new opportunities for innovation and the growth of your business!

www.investcyprus.org.cy

Parklane, a Luxury Collection Resort & Spa by Marriott International : Discover Limassol, Cyprus’s Vibrant Hub of History and Luxury

Nestled in the vibrant city of Limassol, Parklane, a Luxury Collection Resort & Spa by Marriott International, is the only internationally branded resort on the island, offering a premier gateway to Cyprus’s rich history and luxurious Mediterranean lifestyle.

As part of Marriott’s prestigious Luxury Collection, Parklane combines the allure of 320 sunny days each year with the island’s unique blend of mountains and sea, creating an ideal escape.

Positioned at the crossroads of Europe, Asia, and the Middle East, Limassol offers a vibrant mix of modern city life, ancient history, and warm hospitality, making it an ideal destination.

Centrally located between Cyprus’s two main airports, Parklane provides easy access to this tapestry of culture, natural beauty, and indulgence.

The nearby ancient village of Pyrgos, home to the world’s oldest perfume factory, and the picturesque village of Lefkara, renowned for its lace embroidery admired by Leonardo da Vinci, highlight the island’s rich cultural heritage.

Rumor has it that Da Vinci, while visiting Cyprus as a guest of the Queen, returned to Italy with a Lefkaritiko lace tablecloth, which now graces the Duomo chapel in Milan. Parklane’s logo, inspired by an ancient amphora, and its surroundings reflect Cyprus’s deep-rooted legacy, allowing guests to experience luxury intertwined with history, making each stay both memorable and meaningful.

Parklane Resort & Spa offers a carefully curated sanctuary for those seeking both relaxation and excitement. This stunning property is crafted with the expertise of Harrods Interiors and adorned with artwork curated by Atelier 27, Paris, blending Cypriot elegance with international sophistication.

Parklane boasts 222 beautifully appointed rooms and 34 suites, each with breathtaking views of a Blue Flag 300-meter-long golden-sand Mediterranean beach.

The resort’s 18 exclusive Park Villas provide an extra layer of privacy, each featuring its own pool and seamlessly integrated into the surrounding landscape.

For guests seeking relaxation and exclusivity, the adults-friendly Lifestyle Wing offers a private pool and Lifestyle Suites thoughtfully designed for quiet reflection—ideal for couples or anyone desiring a peaceful retreat.

Each Lifestyle Suite accommodates up to two adults and one teenager (12 years and above), allowing families to enjoy a serene and secluded experience together.

This dedicated area ensures tranquility, featuring secluded sunbathing spots, personalized service, and intimate spaces to soak up the warmth of the Mediterranean sun.

Parklane also offers a suite of activities for the active traveler. Guests can enjoy tennis on artificial clay courts, a multi-use sports area, football pitch and a dedicated Padel Court.

The ParkFit health club provides state-of-the-art Technogym® equipment, fitness classes, and an indoor lap pool for a complete wellness experience. Beachside watersports await those eager to explore the azure waters of the Mediterranean, offering thrilling experiences just steps from the resort.

At the heart of Parklane’s commitment to wellness is the award-winning Kalloni Spa, a 3,000-square-meter sanctuary with fourteen treatment rooms and specialized Thalassotherapy pools, including one mirroring the Dead Sea’s salinity.

This peaceful retreat ensures rejuvenation and balance, offering treatments designed to soothe the body and soul.

Parklane is also a destination for culinary and shopping enthusiasts. From the renowned Nammos Limassol to the refined La Petite Maison (LPM) Restaurant & Bar, guests can enjoy gourmet experiences spanning Mediterranean to Pan-Asian flavors.

Upscale boutiques at “The Retail Village at Nammos Limassol” offer elegant shopping options, making it easy to find unique pieces that embody the resort’s luxurious ethos.

For those seeking the pinnacle of tailored elegance, The Bespoke Collection at Parklane is a sanctuary of personalized service and sophistication.

Each villa and suite are meticulously designed, offering private check-ins, a dedicated concierge, and exclusive experiences like VIP meet-and-greet services and complimentary airport transfers.

Guests staying in the top suites and villas receive a €400 resort credit for stays of four nights or more, access to a private cabana, and complimentary Thalassotherapy treatments, all crafted to create an experience that blends comfort and luxury effortlessly.

Unlike traditional city-to-city travel, Limassol offers a transformative experience, where history, luxury, and relaxation converge.

From the exclusive adults-only areas and tranquil Kalloni Spa to an active sports scene and historical treasures, Parklane promises to its guests an experience that transcends the ordinary. Discover why Limassol is a city like no other—a place where Mediterranean serenity meets Cyprus’s vibrant heart.

Book your dream stay now: https://www.marriott.com/en-us/hotels/pfomd-parklane-a-luxury-collection-resort-and-spa-limassol/overview/

Conglomerate Group :Cyprus your key to CIS-capital and financial markets

Dr Sergey Chudinov – Founder of Conglomerate Group

Find out more with Dr. Sergey Chudinov and Conglomerate Group

Recent research highlights significant shifts in the financial markets between 2022 and 2024. The sharp rise in deposit volumes, foreign trade, and investment flows—particularly in the UAE and CIS countries such as Armenia, Uzbekistan, and Kazakhstan—is transforming the landscape of corporate services and banking.

Cyprus remains a preferred jurisdiction for holding companies and regional headquarters, especially for businesses from CIS and neighbouring countries operating in sectors like information technology, finance, and crypto.

The island offers unique tax advantages, while also providing the reputation and regulatory framework of the European Union.

With offices in Cyprus, Dubai, and Armenia, Conglomerate Group offers deep expertise in business structuring, cash flow optimisation, payment solutions, and legal advisory—helping clients navigate complex international regulations with ease.

The company is an active participant in leading business forums and maintains strong awareness of evolving market trends and opportunities.

With over a decade of experience, an in-depth understanding of regional markets, and a broad network of trusted local partners, Conglomerate Group is ideally positioned to support your business goals. Our founder, Dr. Sergey Chudinov, and our expert team are ready to assist with even the most complex financial and legal challenges.

Found out more on our website: www.conglomerate.group or by the phone:

00357 99774465 – Cyprus, 00971 561877900 – UAE, 00374 94908571 – Armenia

AUB Mediterraneo: A New Era of Education on the island of Cyprus in Europe

The American University of Beirut – Mediterraneo (AUB Mediterraneo) opened its doors in fall 2023, establishing an exciting academic hub in the coastal city of Pafos, Cyprus.

Welcoming over 150 students from 26 countries for its inaugural fall 2024 semester, this new campus is dedicated to fostering a vibrant and diverse learning community.

Located in downtown Pafos, just steps from the Mediterranean Sea, AUB Mediterraneo offers students a dynamic educational environment that balances academic rigor with personal growth.

As a twin campus of the American University of Beirut (AUB), the new campus’ architectural elements were inspired by AUB’s iconic Beirut campus featuring a clock tower and green oval area, blending tradition with modern design.

Part of AUB’s broader Global initiative, AUB Mediterraneo represents a forward-looking vision, expanding AUB’s legacy of excellence to new regions and new generations.

The programmes at AUB Mediterraneo are tailored to offer students a truly global perspective, integrating European and Middle Eastern viewpoints into the curriculum.

“Our courses offer students a global perspective by blending European and Middle Eastern viewpoints, enriching their learning experience,” says Rector Wassim El Hajj.

“Our innovative curriculum equips students with the tools and skills they need for success in a rapidly changing world.”

Through this distinctive approach, AUB Mediterraneo prepares students to think critically and creatively, empowering them to address challenges and seize opportunities in the global landscape.

Life in Pafos provides an ideal balance for students, combining Cyprus’s rich cultural heritage with a relaxed, seaside atmosphere. Known for its UNESCO World Heritage sites, lively festivals, and welcoming local community, Pafos is an inspiring place for students to grow academically, socially, and personally.

With the support of experienced faculty and comprehensive student services, students at AUB Mediterraneo can look forward to a fulfilling, well-rounded university experience.

AUB Mediterraneo is more than a campus; it’s a gateway to a world of knowledge and opportunity, rooted in the Mediterranean’s rich history yet open to the world.

For more information visit : https://www.aubmed.ac.cy/

Read more : https://cyprusinvestportal.com/aub-mediterraneo

Tor Properties : Inspired Living and Working in Limassol

Tor Properties’ developments redefine high-end living and business excellence, offering high-powered business centers and upscale city apartments designed for ultimate convenience and accessibility.

Every development is ideally located in the vibrant city of Limassol, providing seamless connectivity to the island’s highways, major cities, and airports.

The charming city center and the stunning coastline of Limassol are only moments away, making every location a perfect balance of work and leisure.

Their two state-of-the-art business centers, The Triangle and Nucleus, are designed to achieve the prestigious LEED Gold certification.

The globally recognized LEED (Leadership in Energy and Environmental Design) rating system is a symbol of sustainable achievement, established by the US Green Building Council.

As a beacon of environmentally conscious innovation, these business centers incorporate energy-efficient designs and cutting-edge features that offer companies operational savings, enhanced reputation, and healthier work environments, leading to higher productivity and satisfaction, fostering thriving businesses.

Their elite residential projects, Shinko Residences and Midori Residences, are strategically located just 300m from the beach.

Each residence is comprised of eight thoughtfully designed two-bedroom apartments across four floors, blending elegant interiors, top-quality finishes, premium amenities, and standout architecture to ensure a comfortable and sophisticated lifestyle.

The top-floor exclusive penthouses in both developments feature private roof gardens and breathtaking sea views, while Midori Residences enhances the experience with infinity private pools that complete the ultimate urban Mediterranean living.

Senkei Residences is an upcoming high-end development situated in one of the most prestigious streets of Limassol, at the crossroads of the city’s main arteries.

It features 18 business-class apartments with large verandas and landscaped gardens, including 10 three-bedroom and 8 two-bedroom units.

This exclusive development is destined to offer an exceptional living experience for those looking to settle with their families or invest in an architectural masterpiece within a neighborhood that provides it all.

We emphasize exceptional quality and architectural excellence, striving to create inspiring workspaces and homes while leaving a meaningful and positive impact on occupants, residents, the local community, and the environment. – Orestis Katsaros, Head of Strategy and Development at Tor Properties

For more info visit: www.tor.cy

Santis Wealth Management : Your Guidance to the World of Smart Investment

SWM Consulting company was established in 2020 by professionals with a solid backing of years of international experience on three continents.

We specialise in real estate, corporate and investment advisory, private equity and asset management advisory services.

We work in close partnership with all our clients to provide them with services that exceed expectations.

Investment management is much more than simply buying and selling assets. It’s about designing a reliable investment strategy that suits the unique needs, preferences and lifestyle of the investor.

Your trusted partner in Cyprus

Real Estate Brokerage all over Cyprus & Greece
Corporate Management
Tax Planning
Banking
Alternative Investments (Solar Parks, Recycling Factories)
Immigration Services (Permanent Residency & Relocation)

Our aim is to provide our partners and clients with the highest quality service and at the same time maintain our professional and business ethics adding value and safeguarding client’s interests.

Website: www.swm-consulting.com

Email: [email protected]

Tel: +357 24 333 707

Address: 1 Alexandrou Panagouli st, Novel Tower, office 5A, 6057, Larnaca, Cyprus

Talean Services : Latest update on Cyprus Benefits

Tatiana Achilleos – Lawyer and Founder of Talean Group of Companies

Are you thinking to expand your business within European Union area? Then I suggest Cyprus as one of the most attractive places that is close to Middle East.

Its favourable tax legislation, strategic location, and developed infrastructure make the island an ideal place for international companies.

Despite the fact that corporate tax of 12.5 per cent in Cyprus still the lowest corporate tax in EU, Cyprus has implemented IP Box Regime for gaming and IT companies with possibility to reduce taxation up to 2.5 per cent

Also Cyprus has a well-developed real estate market, offering a range of residential properties from apartments to luxury villas where we assist to complete such transaction on turnkey basis.

Foreign nationals can purchase property in Cyprus with no restrictions and participate a permanent residency program with a minimum investment of €300,000 to real estate. After 5 years of living in Cyprus, a permanent resident can also apply for citizenship.

My name is Tatiana Achilleos and I established Talean Group of companies to help businessmen to find suitable business solutions for relocation, taxation, daily operation and investments. I also see many start-ups who choose Cyprus to become its first hub and we help them to make their dream ideas to become true.

Talean Services Ltd has been established as one of Cyprus’s premier full corporate service providers, widely recognized for outstanding success and quality performance in every area of legal, corporate, contract, TM, real estate and administrative services.

Our basic principle is to exceed our clients’ expectations and deliver excellent, practical and cost-effective services.

I strongly recommend clients from IT sector to consider Cyprus for their hub or at least main part of the group of companies as IT development gives an opportunity to optimize taxes and make the whole group operating more efficiently.

Having over 20 years’ experience in legal sector, I believe that here anyone may find everything that meets his business expectations.

Well-developed corporate sector and attractive tax regime helps business to develop and expand in comfortability within European Union.

Our expert team can provide explicit, efficient and practical advice and support to any issue that you may come across.

https://taleangroup.com/

Deloitte Cyprus : Interview with Yiannis Sophianos, Partner, Audit, External Audit at Deloitte Cyprus and Cyprus-GCC Countries Business Association President

Yiannis Sophianos, Partner

How would you describe the business ties between Cyprus and the GCC Countries?

Cyprus and the GCC countries have a strong and growing relationship, driven by mutual benefits and strategic interests, dating back several decades.

In recent years, there has been a notable increase in bilateral relations, with a number of official high-level visits at presidential, parliamentary and ministerial levels, aiming to further expand the economic and political relationships.

Cyprus has strategically established a Cyprus Trade Centre (CTC) located in Dubai, covering all GCC countries.

CTC Dubai operates under the auspices of the Ministry of Energy, Commerce and Industry and the diplomatic representation of Cyprus to the UAE.

Its primary mission is to enhance the export of Cypriot products and services, and to establish, maintain and develop business relationships between Cyprus and the GCC countries by promoting, facilitating and attracting foreign investment.

Cooperation between the countries covers a wide range of fields. Key focus is placed in the areas of energy, trade and investments, tourism and culture, education, science and technology, as well as shipping and maritime transport.

What advantages does Cyprus offer specifically to companies and investors from the GCC Countries?

Cyprus has an abundance of competitive advantages for businesses and investors from the GCC countries. Its geographical proximity, along with the fact that Cyprus is an EU and eurozone member, make our island a valuable gateway to the EU.

Cyprus offers an attractive tax system, high-quality professional services and a modern infrastructure in transport, communications, and other sectors.

These factors, combined with the island’s safe environment, are significant benefits for any company that would like to invest in Cyprus or cooperate with companies based on the island.

Moreover, Cyprus offers an efficient process to businesses for employing and relocating workforce, with numerous advantages and benefits such as tax exemption for non-domiciled employees, temporary work and residence permits, simplified permanent residence permit applications and a digital nomad visa.

How does the Cyprus-GCC Countries Business Association support business links between the countries?

The Cyprus-GCC Countries Business Association, operating under the auspices of the Cyprus Chamber of Commerce and Industry (CCCI), fosters the expansion of business relations between Cyprus and the GCC countries in every possible way.

The exchange of information and delegations, organization of business forums and seminars, and other cooperation initiatives, all aim at fostering and promoting the bilateral relations, facilitating growth, collaboration, and mutual prosperity.

The association is dedicated at promoting and further strengthening the socioeconomic and trade relations acting as an exclusive bilateral and regional business network with strategic connections and partnerships, for any Cypriot or foreign company interested in exploring business opportunities in the respective countries.

How can Deloitte Cyprus support businesses?

Deloitte Cyprus is part of the Deloitte Global network of member firms, one of the largest professional services networks worldwide.

At Deloitte Cyprus we provide a complete range of services to businesses including audit and assurance, tax and legal, and consulting services, by leveraging deep industry expertise to help address sector-specific challenges and capitalize on opportunities.

We also provide support in corporate law, commercial contracts, employment law, and regulatory compliance through Deloitte Legal.

With a team of highly skilled professionals, Deloitte Cyprus is dedicated in providing its clients with high quality support, local expertise and tailored, strategic, and innovative solutions finely attuned to our clients’ specific needs.

We help clients navigate challenges, seize opportunities, and achieve their strategic goals while fostering sustainable growth.

As part of Deloitte’s global network, we leverage international resources and best practices to support cross-border operations and global ambitions.

https://www.deloitte.com/cy/en.html

CIM & Cambridge: A New Era for Executive Education

Originally set up to promote the science of Marketing in Cyprus and abroad, during the last 45 years CIM-Cyprus Business School has evolved into an all-round Business School, offering an array of programmes at both Undergraduate as well as Postgraduate level – from Marketing, Business, to Accounting and Finance, Shipping, and Human Resource Management, Law, and other.

Over the years, CIM-Cyprus Business School has provided the opportunity to more than 10,000 students to acquire acclaimed qualifications and fulfil their aspirations.

In a major step forward, CIM has also partnered with one of the world’s top institutions to bring world-class executive education to Cyprus.

“We are extremely proud of our groundbreaking collaboration with Judge Business School, University of Cambridge for the delivery of Cambridge Executive Education programmes in Cyprus.

It is a remarkable achievement since for the first time ever, one of the world’s leading Universities, offers the opportunity to local and international executives to be trained at the highest level.

We commenced this collaboration in 2023, and it has been embraced immediately by local and international corporations. In 2025, we are running 2 programmes: The Generative Artificial Intelligence: From Hype to Business Impact programme and the Transformational Leadership programme.

It has to be noted that there is a lot of interest from executives based in the region as well, so our goal is to support the government’s vision to establish Cyprus as a regional hub for education.”

BBBI’s Success Story: Investing in Cyprus Made Easy

Nayef Kassatly – Managing Director of BBBI

For Nayef Kassatly, Managing Director of Boutique Beverages Bottling Factory International LTD (BBBI), Cyprus has proven to be a smooth, reliable, and welcoming destination for investment. Part of the renowned Kassatly Group—an established family-owned beverage company operating since 1919—the decision to expand operations to Europe was strategic.

After evaluating several Mediterranean countries, Cyprus emerged as the clear choice.

“In terms of ease of doing business, government support, and investor facilitation, Cyprus exceeded our expectations,” Kassatly explains. “We were guided at every step, from permits to implementation, and the experience was incredibly positive.”

BBBI’s facility, located just 10 kilometers from Limassol Port, is a major production and export hub for the company’s flagship non-alcoholic beverage line, FREEZ MIX, already popular across the GCC. The company secured all factory licenses in just six months—a remarkable achievement considering the complexity involved.

With support from Invest Cyprus and the Ministry of Energy, Commerce and Industry’s Facilitation Unit, bureaucracy was minimal and highly coordinated.

Once licensed, the construction phase was executed at record speed.

“We completed 27,000 square meters of development and launched production within 18 months from the first excavation,” Kassatly notes. “We partnered with one of Cyprus’s top construction firms and found the market to be full of qualified, professional contractors.”

Beyond business, Kassatly highlights the island’s attractive lifestyle and strategic location. “Cyprus is safe, English-speaking, and family-friendly—with excellent schools and a welcoming community,” he says.

“For us, being just 30 minutes from Beirut was an added advantage. Our teams can commute easily, and we feel at home here.”

While the investment journey was overwhelmingly positive, Kassatly notes a few areas for improvement.

High energy costs and port charges remain challenges, though he points out that discussions with relevant ministries are ongoing and that potential solutions are in motion.

Labor shortages, a common issue across Europe, have been mitigated by the responsiveness of Cyprus’s labor authorities, who have enabled skilled staffing from third countries where necessary.

Despite these minor hurdles, Kassatly remains strongly optimistic. “I would absolutely recommend Cyprus to any investor looking to enter the European market,” he affirms.

“The support we received, the efficiency of procedures, and the quality of partnerships made this project a true success.”

As BBBI continues to scale up operations from its Cyprus base, it stands as a clear example of how international businesses can thrive on the island—backed by a pro-business environment, skilled workforce, and strategic connectivity to Europe and the Middle East.

https://www.boutique-bev.com