Cyprus – Russian Business forum, organised by Vedomosti, Moscow 27th April 2016
Yet another business forum where Russian investors and stakeholders openly expressed their love for Cyprus. A mere evidence of this is the latest arrivals statistics (Russians to Cyprus) as announced by the Russian Ambassador to Cyprus, Mr Stanislav Osadchy: year-to-date arrivals increased by 53% when compared to same period last year (2015). Demand for properties as holiday homes remains high and this is, of course, assisted by the increase in tourist arrivals.
Cyprus has come a long way since 2013 when, as Mr Evgeniou, President of the Cyprus-Russia Business Association, mentioned during his speech, “many were questioning whether the Cyprus – Russia relations had any future.” (after the 2013 Cyprus banking crisis)
It now seems to many that the future is bright, and Cyprus is much more than just an attractive holiday destination. The natural beauty of the island, its climate and local hospitality fused with a very attractive business and tax regime constitute Cyprus as one of the most advantageous and sought after jurisdictions not just for business but also to reside in. All the above when coupled with the two great Government immigration programmes (Citizenship by Exception & Permanent Residence Permit) give a winning combination.
Forum details: http://info.vedomosti.ru/events/cyprus/
