Welcome Message from Ambassador Kathleen A. Doherty to the Cypriot Business Community
Welcome to Embassy Nicosia’s business page. One of my priorities as the U.S. Ambassador to the Republic of Cyprus is to grow and strengthen economic ties between our two countries. My Economic/Commercial team has assembled an array of resources to help interested businesses and entrepreneurs explore investment opportunities in Cyprus and the United States. I invite you to visit our page often for updates on upcoming events of interest.
The Cypriot economy is recovering from the economic crisis of 2013, and international businesses, including American companies, are taking notice. The island offers many advantages, including a safe and strategic location, a favorable tax regime, a professional workforce, and world-class shipping facilities. We encourage American companies to consider Cyprus, whether as part of a comprehensive European export strategy, or as a bridge to markets in the Middle East and Africa. There are incredible opportunities for growth and investment in Cyprus, especially in critical sectors such as tourism infrastructure and development, professional services, as well as energy and its related services.
I also encourage local entrepreneurs to consider investing or expanding their businesses in the American market. Recognizing that foreign direct investment (FDI) plays a major role in the U.S. economy, both as a key driver of the economy and an important source of innovation, exports and jobs, the United States has always provided foreign investors a stable and welcoming market. The United States offers a predictable and transparent legal system, low taxes, outstanding infrastructure, and access to the world’s most lucrative consumer market. Visit our “Invest in America” link for more information on this initiative.
The embassy’s Economic/Commercial team works to promote American investment in Cyprus, facilitate U.S. exports to the island, and provides advocacy on behalf of U.S. businesses operating here. The embassy works closely with the Department of Commerce’s (DOC) U.S. Commercial Service in Athens, Greece. Located across the United States and in U.S. Embassies and Consulates in nearly 80 countries, our global network of trade professionals connects U.S. companies with international buyers, providing them with market intelligence, trade counseling, business matchmaking, advocacy and commercial diplomacy support. In this capacity, our Economic/Commercial Office offers all DOC services to interested companies.
My team’s efforts in this area will embody the U.S. Embassy’s mission statement: Americans and Cypriots working together in the Eastern Mediterranean for peace, stability, and prosperity.