Doros Ioannides
President of Cyprus Bar Association
Cyprus is and always has been an appealing investment location. With its modern, free-market,
service-based economy, Cyprus offers businesspeople a wide variety of investment opportunities
that take advantage of the country’s strategic geographic location and unique competitive
advantages. Cyprus is a natural gateway to more than 140 million consumers in Southeast Europe
and the Eastern Mediterranean, a region with a GDP of almost 1 trillion Euros.
Today, we are all experiencing the results of the global economic crisis. Cyprus has been taking
significant measures not only to lower the public debt and retain a stable financial environment
but also to boost the attractiveness of the island as an investment destination.
We all know that in order to achieve economic recovery we definitely need growth. And that
requires foreign capital and foreign investments.
Attracting foreign investments is a national task; we should all participate, with all our forces.
Significant systemic changes, legislative reforms and infrastructure improvements that are already
under development in Cyprus will certainly contribute towards a more investment-friendly
environment.
It is to this effort, that Cyprus Law Digest serves as a valuable tool for the comprehension of
our legal environment and consequently for the promotion of foreign investments. The main
achievement of Cyprus Law Digest is that it offers a comprehensive outlook of the Cypriot legal
environment being simple, practical and all-encompassing at the same time. It is simple because
it is equally comprehensible not only to specialized legal counsellors but to businessmen as well.
It is practical, for it gives simple yet thorough answers to what it is in effect in Cyprus; Cyprus
Law Digest is an all inclusive guide as it is structured in sections covering a most wide range
of queries that potential investors may have when thinking of investing in Cyprus. Two are its
significant advantages: it pictures in a thorough way, the Cypriot Regulatory framework, relative to
investments and its question-answer structure facilitates foreign investors to perceive the answers
they are looking for.
All in all, Cyprus Law Digest offers a complete perception and acquaintance with the Cyprus
legal, investment environment and will serve as a precious tool, especially today, in a period that
is mostly needed.
My sincere congratulations to all those who contributed in the conception and realization of
the Cyprus Law Digest.