In today’s interconnected world, countries increasingly recognise that robust economic and political relationships are fundamental for achieving sustainable growth in a rapidly changing global economy. This environment of interdependence fosters collaboration, enhancing national competitiveness and facilitating the emergence of new opportunities. Cyprus has embraced this dynamic, positioning itself as a welcoming destination for international investment from around the world.

Cyprus offers a strong business infrastructure, an attractive tax regime, and a skilled workforce, all of which make it a favourable location for businesses looking to expand into Europe and beyond. The country’s commitment to creating a supportive investment environment ensures that companies can navigate the process smoothly and effectively, with guidance and support provided throughout their investment journey.

Recent international milestones achieved by Cyprus serve as further testament to its solidified status as a premier destination for international investments and business. Major credit rating upgrades from agencies such as Moody’s, S&P, Fitch, and Morningstar reflect Cyprus’ fiscal strength and stable outlook, while Scope Ratings’ recent A- rating underscores its economic potential and resilience. The continued oversubscription of government bonds and the presence of major European institutions like the European Investment Bank further attest to the confidence international investors have in Cyprus.

Cyprus has developed certain economic and diplomatic ties with China over the years, with trade growing gradually. In 2023, trade between the two countries reached nearly $1 billion, with exports from Cyprus to China showing positive trends. The two nations have signed agreements in areas such as economic development, maritime affairs, and tourism. In addition, there is ongoing educational and cultural exchange, with a number of Chinese students choosing to study in Cyprus. These economic and diplomatic ties contribute to the broader relationship between the two countries.

Looking to the future, Cyprus is focused on building on its existing strengths and further developing key areas to position itself as a leading hub for international investment. These include technology and innovation, international business and financial services, sustainability through renewables, and headquartering. By enhancing its digital transformation capabilities and fostering strategic partnerships in technology and innovation, Cyprus is positioning itself as a regional leader in cutting-edge sectors. The country is also committed to driving investments in renewable energy and green technologies, further reinforcing its dedication to sustainable development and environmental responsibility. In addition to strengthening its framework for investment funds and asset management, Cyprus provides an attractive environment for businesses to establish or relocate regional headquarters, offering strong legal and tax frameworks and access to European, Middle Eastern, and African markets, with Chinese businesses also seeing potential here.

Invest Cyprus continues to support international businesses at every stage of their journey, providing expert advice and resources to help companies thrive in a dynamic, competitive global market. As Cyprus strengthens its position as a leading international business hub, it remains committed to fostering an environment that supports sustainable growth, innovation, and collaboration. With a clear focus on expanding key sectors and assisting businesses throughout their investment journey, Cyprus is well-positioned to remain a trusted partner for global investors and companies looking to establish a presence in Europe and beyond.