EY survey highlights Cyprus's appeal for foreign investment

A new survey presented on September 10, 2026, at the EY Cyprus forum titled "Cyprus Future Realized: Bridge. Accelerate. Grow" reveals that 83% of investors consider Cyprus an attractive destination for foreign direct investment. Furthermore, 62% of respondents indicated plans to expand their business activities on the island within the next twelve months.

Andreas Anastasiou, representing EY Cyprus, noted that the country's tax regime is the primary factor driving this appeal, viewed positively by 90% of participants. Despite this optimism, the report highlights significant challenges that investors currently face, including high energy costs, limited access to finance, excessive bureaucracy, connectivity issues, and a shortage of skilled human capital.

These findings come amid a broader context of global economic and geopolitical uncertainty. The research underscores that while the island remains a competitive investment hub, addressing structural barriers is essential for maintaining investor interest and sustaining long-term economic growth.