economic competitiveness

Cyprus’s new investment fund legislation is expected to increase the country’s appeal as an investment destination, enhance the legal framework for collective investments, create job opportunities, and position Cyprus as an international hub for investment, boosting its economic competitiveness. The legislation is seen as a leap forward for fund management and a crucial development in the legal framework, with the potential to drive growth and economic diversification. It is anticipated to have substantial economic benefits, fueling the domestic economy and establishing a sustainable growth model.