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Cyprus has continued to attract companies in the fintech, investment, forex and IT sectors, which is creating enormous career opportunities for both local and international candidates. In addition to its advantageous tax regime and business friendly approach, Cyprus is a very attractive and safe place to live and work, says co-founder of GRS Steve Slocombe.
Living proof of how lucrative the fund industry can be and the dynamic it brings, is that at the end of 2018, the Cyprus funds industry boasted a total of approximately €6.3 billion assets under management, displaying significant growth over the past few years, says One Plus Capital Director, Pavlos Philippides.
For Cyprus to enhance its competitiveness and produce growth, it is vital to develop digital policies that will be conducive to investment plans and greater innovation. To maintain its longstanding edge over competition, also Cyta is re-inventing its commercial strategy and investing in large infrastructure projects, says new Cyta CEO Andreas Neocleous.
For the last decade, the Cyprus investment promotion agency Invest Cyprus has forged ahead with its mission to promote Cyprus as an investment destination with the country attracting billions in fresh FDI in the last five years.