Brexit is the term coined to define the inevitable departure of the United Kingdom from the European Union.
This was determined following a historic referendum that took place in the summer of 2016. Ultimately, 51.9% voted leave with the remaining participants voted remain. This led the British government to invoke Article 50 of the Treaty of European Union.
Brexit has led to an alteration in the business landscape since terms and conditions will change as judgment day looms. Our objective is to elucidate why Cyprus is an attractive proposition for businesses that are seeking new pastures in a post Brexit panorama.
The country offers a number of distinct advantages for companies looking to invest.
- Ideal Location
Cyprus has a prime location in the Eastern Mediterranean region of Europe and it the gateway to three continents, namely the aforementioned Europe, Asia and Africa. This means the country provides convenient air links to a number of regions.