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Charalambos Prountzos

Charalambos Prountzos

Head of EY Law

The Cyprus fund industry is growing steadily, but could attract more fund managers if it takes advantage of the current opportunities arising from Brexit and the positive momentum created by its new AIF and securitisation laws, says EY Law head Charalambos Prountzos.

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  • The Cyprus fund industry is growing steadily, but could attract more fund managers if it takes advantage of the current opportunities arising from Brexit and the positive momentum created by its new AIF and securitisation laws, says EY Law head Charalambos Prountzos.

  • Pioneering work in the relatively new field of heritage sciences is just one of several coups by the Cyprus Institute, the island’s leading science and technology institution, which has been in operation for just over a decade, says CyI President Costas Papanicolas.

  • The Cyprus citizenship and residency regimes are some of the best internationally, but more can be done to further improve the programmes and their reputation to ensure long-term benefits for the local economy, says Yiannos Trisokkas, Managing Partner, Henley & Partners.

  • Cyprus is fast becoming one of the top emerging international business hubs in Europe, due to its continuous efforts to upgrade its legislative and regulatory framework as well as its strong network of professional and financial services, says Marios A. Klitou, CEO, Baker Tilly South East Europe.

Country Overview

An Island Transformed

Cyprus is going through exciting times of growth and development thanks to a renewed boost in confidence with foreign investors flocking back to its shores, attracted by the improved economic climate, large-scale projects and bourgeoning prospects in the real estate, investment fund and energy sectors.

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  • Cyprus at a Glance

    Key facts and figures about the country, geography, people, government and economy plus 2018 public holidays.

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  • Country & People

    Vibrant business centres and tranquil villages; traditional values and cosmopolitan lifestyle; sun-kissed beaches, fertile valleys and snowy mountains: Cyprus is a land of contrasts with many faces.

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  • Economy Overview

    Overcoming the challenges of recent years, Cyprus has continued on a solid growth path and maintained its status as one of the fastest growing eurozone economies.

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  • Foreign Direct Investment

    Cyprus has regained its status as a serious contender amongst European FDI destinations thanks to its rapid economic turn- around and advantageous business operating environment.

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Cyprus Investment Funds Guide 2018

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