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+32%

Annual tourist arrivals in Cyprus have seen a 32% increase this year, as announced by the Tourism Minister. A steady stream of tourist arrivals is anticipated until November. It's evident that Cyprus is enjoying a prosperous tourism year. Arrivals have risen by about 32%, and revenues have jumped by 34%. An increase in per capita spending further highlights this positive trajectory.

+32%

Annual tourist arrivals in Cyprus have seen a 32% increase this year, as announced by the Tourism Minister. A steady stream of tourist arrivals is anticipated until November. It's evident that Cyprus is enjoying a prosperous tourism year. Arrivals have risen by about 32%, and revenues have jumped by 34%. An increase in per capita spending further highlights this positive trajectory.

+32%

Annual tourist arrivals in Cyprus have seen a 32% increase this year, as announced by the Tourism Minister. A steady stream of tourist arrivals is anticipated until November. It's evident that Cyprus is enjoying a prosperous tourism year. Arrivals have risen by about 32%, and revenues have jumped by 34%. An increase in per capita spending further highlights this positive trajectory.

Cyprus: An Investment Hotspot

Large-scale projects, privatisations and a burgeoning oil and gas sector are firmly placing Cyprus on the map as a hotspot for investment.

Attracting foreign direct investment is at the heart of the Government’s policy. It is committed to creating optimal conditions for businesses to flourish by simplifying administrative procedures, improving the tax framework, guaranteeing an open and transparent legal system and eliminating internal barriers.

Gdp growth rate

A prosperous future

€50m

Annual turnover forecast €50M

3.4B bl

Oil resources

4.54tcf

Natural gas reserve

1650%

average estimated reserves of GDP worth have been estimated.

Leading maritime hub

1st

third-party shipmanagement centre in the EU

3rd

largest fleet in the EU

10th

largest merchant fleet in the world

€1bl

in annual revenue

7%

of GDP

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Cyprus’ lifestyle is defined by its legendary hospitality, leisurely pursuits, and centering of the community as its lifeforce

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