Cyprus

Unveiling Cyprus: A Prosperous Haven for UK Businesses

At the core of the Mediterranean lies the intriguing market of Cyprus, brimming with a multitude of commercial prospects. This insular state, a proud member of both the European Union and the Commonwealth, serves as a portal to the European and Middle Eastern markets. Its strategic positioning, paired with a conducive business climate, has rendered Cyprus a powerful attractor for UK enterprises seeking to broaden their scope.

Cyprus prides itself on a highly literate workforce, proficient in English, and a sturdy infrastructure, making it a desirable destination for UK corporations. The nation's economy is on an upward curve, with dominant sectors such as tourism, shipping, and real estate propelling its economic advancement. The country's robust connections with the UK, demonstrated by the substantial British expatriate community, render it a familiar and hospitable market for UK businesses.

UK-Cyprus Trade: A Robust Relationship

The UK and Cyprus share a robust and enduring trade bond, with bilateral trade between the two countries hitting a high of £1.3 billion in 2019. The UK ranks among the top three import partners for Cyprus, with machinery and transport equipment, manufactured goods, and chemicals leading the imports. This scenario unfolds a colossal opportunity for UK businesses aspiring to export their products and services.

Why Cyprus?

Whether you're a fledgling business aiming to broaden your horizons or a large corporation seeking to penetrate new markets, Cyprus offers a treasure trove of opportunities. With its strategic positioning, robust economic growth, and close connections with the UK, Cyprus lays out a promising landscape for UK businesses to expand and prosper. Capitalise on this opportunity and let your enterprise bloom in the dynamic market of Cyprus.