Why businesses and professionals are relocating to Cyprus
An international summit promoting Cyprus as the new destination for business research (R&D), innovation, startups, and ICT companies
“Cyprus: The new Global Tech and Innovation Hub Summit” is an international summit which will showcase Cyprus’ dynamic and competitive economy, driven by research, scientific excellence, innovation, technological development, and entrepreneurship, and how it is becoming a regional hub in these fundamental areas.
Co-Founder & CEO, Easybrain Ltd
“Cyprus was identified as the ideal location for Easybrain due to its well-developed business infrastructure, excellent climate, high standard business environment attracting top talent as well as its strong IT community.”
Co-Founder & CEO, Nexters
"Cyprus has attractive conditions and within the recent years it became a place for community who creates games, IT products and services for the worldwide market. Besides here we are close to some of our teams in Eastern Europe. This proximity provides a great reach to the pool of talented developers, makes our businesses more effective and helps to create games there."
COO eToro Group Limited
"Coming to Cyprus we felt that the business community here as well as the regulatory framework was suitable to allow us as a new startup to set up properly and we found that the platform that Cyprus has to offer in that respect is well-equipped. We have a business-friendly environment here to test some of the ideas that eventually will be scaled across other regions and regulations."
"Cyprus offers a favourable business culture, human resources of high caliber, very experienced service providers, as well as the professional expertise of Cyprus, the local regulator who leads the industry of best practice on international basis. Cyprus has a well-regulated industry making the island a unique business platform and an investment destination."
Founder & CEO, Exness
"Cyprus has a very good tax regime for corporate tax and very good taxes for dividends for shareholders. We are glad that Cyprus recognized the existence of the IT industry which represents a very big sector of the economy, and the IT industry is the only industry which can grow very fast 3, 5, 10 times just in few years."
Head of Amdocs Cyprus
"The fact that Cyprus is a Member State of the EU is very helpful because, firstly it significantly reduces various administrative burdens and secondly it allows access to various EU tax directives. It also provides us with the opportunity to participate in various EU-initiated or funded programmes which either exist or are introduced from time to time and which may provide grants, subsidies or other incentives to companies performing R&D activities.”