Located on the Eastern side of the Mediterranean, Cyprus is an island country that’s also a member of the European Union. It is the third largest island in the Mediterranean and also the third most populous. The economy of Cyprus is a very strong one and has a high Human Development Index (HDI). It has a diversified and prosperous economy so it doesn’t come as a surprise to know that many investors wish to invest in Cyprus. But, where exactly should you invest? There are many opportunities that you can explore and some of the top ones are:
Construction
The government of Cyprus provides support to construction companies in the country because they want to encourage massive infrastructure development, especially by the private sector. Setting up a construction company would be a great move if you are looking for an investment opportunity in order to take advantage of low cost of doing business and the excellent regulatory structure of Cyprus.
Property Rental
One of the market sectors that’s booming in Cyprus is none other than property rental. Organizations and individuals rent office spaces, parking lots, halls for their events and many more purpose. If you have enough capital to construct an office complex in one of the business districts in Cyprus, you will be able to enjoy great returns on your investment. It is a long-term plan, but you will be able to recoup your investment in a very short period of time if you do things right.
Investment Funds
Since it provides access to some high growth markets, Cyprus is quickly becoming one of the top investment fund centers in all of Europe. As the country continues to upgrade its regulatory and legislative regime and stays at the forefront of all developments in the industry, it is a good idea to set up investment fund services or establishing asset management companies for better reach and solid returns.
Travel and Tours Company
One of the strongest and most resilient economic sectors in Cyprus is tourism as the island country possesses natural beauty, breath-taking sceneries and beautiful weather that draws in thousands of people from all over the world. New projects like building of resorts are also on the horizon, which will further stimulate this already booming industry. Thus, setting up a travel and tours company would be a wise decision. A license would be required from the government and then you can get started.
Educational Consultancy Services
Cyprus is known to be the home of some of the finest universities and educational institutions in the world. The good thing about these institutes is that students are taught in English due to which it is one of the top destinations of international students. Offering educational consultancy services in Cyprus is a great investment opportunity in Cyprus due to this reason as you can assist international students in securing accommodation and admission in Cyprus universities. You can also provide guidance to students about the visa application process and other details.
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