Investments from European Union Countries
For most sectors, there are no restrictions applicable to direct investments in Cyprus by natural or legal persons from EU member
states. However, in the banking sector the non-resident participation is restricted to 50% of the equity capital. There are also
restrictions regarding the acquisition of property, the establishment of radio and television stations and the offering of public
utilities.
Letters of consent issued by the Central Bank do not prejudice the stance of other government departments, organisations or authorities
regarding the issue of any other permits or consents that may be required under other laws or regulations.
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