New investment screening mechanism strengthens Cyprus’ appeal

The Cyprus Real Estate Development Association has welcomed the revised bill to create a National Foreign Direct Investment Screening Mechanism, calling it an important step in aligning Cyprus with European standards. The new framework is designed to safeguard national security and public order while keeping the country attractive to foreign investors.

Developers highlight that having clear and transparent procedures will build confidence among international investors and strengthen Cyprus’ reputation as a modern, reliable investment destination. The goal is to attract high-quality investments that contribute not only to the economy but also to the wider progress of society.

The Association emphasized its commitment to supporting efforts that enhance Cyprus’ competitiveness and credibility. By actively engaging in the public debate, it aims to help shape an effective institutional framework that supports sustainable growth and positions Cyprus as a strong player in the global investment landscape.