• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      event logo
      Sustainable Investment Festival 2021

      The Sustainable Investment Festival will run online from 22-25 June and will include thought-provoking presentations from renowned keynote speakers, innovative breakout events and sessions specifically tailored to meet the information needs of fund selectors, financial advisers, pension consultants, trustees and scheme managers.

      • Date: 22 Jun 2021
      • Online, Online
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • Investments

80% of SE Asian investors actively looking for opportunities: Cyprus survey

80% of SE Asian investors actively looking for opportunities: Cyprus survey
  • Christopher Copper-Ind
  • @intlinvestment
  • 30 October 2020
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

FDI interest from private wealth clients in SE Asia in investing in Europe remains high, according to a survey conducted by Invest Cyprus and published today.

Attracting international investor interest include shipping, energy and, more recently, financial services and higher education, the conference, Cyprus Private Wealth Planning: An EU Centre for Global Wealth Management, was told.  

Related articles

  • Cyprus suspends golden passport scheme as sting exposes officials
  • Greece's golden visa scheme comes to near halt
  • Cyprus shows biggest improvement in global competitiveness report
  • EU warns Cyprus 'golden passports' scheme are a laundering risk

Asked their investment plans over the next 12 months, fully 80% of participants which included private client lawyers, tax advisors, trusts professionals, bankers and fund managers said they were actively looking for new opportunities.

Having a funds structure in Cyprus is one-third of cost in Luxembourg and Ireland."

Additionally more than 66% said they were most interested in investment funds and financial services, while 33% said they wanted to buy real estate, and 11% to invest in ICT and innovation. 

The ease of doing businesses (75%), followed by the socio-economic stability (50%) and costs of living/doing business (50%), were singled out as the most important factors when considering investing in another region.  

The renewed focus on SE Asia by Cyprus follows the publication of the first EY Attractiveness Survey on Cyprus that showed that the Mediterranean island was one of the fastest growing economies in the eurozone before the coronavirus pandemic, with strong FDI into tourism and hospitality, real estate and professional services.  

George Campanellas of Invest Cyprus said Cyprus's strategic location, access to markets as a member of the EU, highly educated workforce, efficient legal and regulatory regime and the low cost of doing business gave it "an advantage over other more mature European markets, as well as the overall European market."

"Having a funds structure in Cyprus is one-third of cost in Luxembourg and Ireland," added speaker Andreas Yiasemides, president of the Cyprus Investment Funds Association. Cyprus also added Singapore to its list of double taxation agreements in 2000. 

Speakers at the Invest Cyprus SE Asia conference included Michalis P Michael, Chairman of the Board of Directors at Invest Cyprus, Antonis Rouvas, Board Member, Asset Management, KPMG Cyprus, Maria Klappa, Partner, Tassos Papadopoulos LLC and Charis Kynigou, Head of Private Banking at Astrobank.

Cyprus is looking to repair damage to its reputation following an undercover sting earlier this month. The Al-Jazeera investigation filmed high-level officials waiving through applications for "golden EU passports" from a ficticious Chinese investor and convicted criminals.

Subscribe to International Investment's free, twice-daily, newsletter

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Investments
  • Cyprus
  • SE Asia
  • FDI
  • Cyprus Investment Funds Association
  • Cyprus Investment Promotion Agency

More on Investments

II Nordic Forum 2021: Meet the Speakers - Aubrey Capital Management and Rathbones

  • Events
  • 05 March 2021
II Nordic Forum 2021 - Meet the Speakers: KBI Global Investors and Wisdom Tree

  • Events
  • 04 March 2021
US female investors reluctant to pay a financial adviser - report

  • Investments
  • 18 February 2021
Jersey regulator says new Woodford firm has not applied for authorisation

  • Investments
  • 18 February 2021
CISI launches anti-money laundering partnership with Qatari regulator

  • Regulation
  • 16 February 2021
Back to Top

Most read

HSBC appoints CEO for the Middle East region
HSBC appoints CEO for the Middle East region
People moves: Phoenix Group, Franklin Templeton, TMF Group, AJ Bell, Arete, Just Group
People moves: Phoenix Group, Franklin Templeton, TMF Group, AJ Bell, Arete, Just Group
Nordic Fund Selector of the Year 2021 shortlist announced
Nordic Fund Selector of the Year 2021 shortlist announced
UK Budget: Sunak freezes lifetime allowance for pensions contributions
UK Budget: Sunak freezes lifetime allowance for pensions contributions
Europe's wealth mangers increasingly focusing on Bitcoin: survey
Europe's wealth mangers increasingly focusing on Bitcoin: survey
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading