Your best business development ideas in Cyprus

Member since 30 May 2013

PriscillaViP27 October 2016 08:02:54

42358

Hi everyone,

As a foreign entrepreneur, launching a business in Cyprus is a fantastic project and an exciting challenge. Some ideas are likely to succeed. Some others are promising but may not work as well as intended.

In your opinion, what kind of business or industry is likely to succeed in Cyprus? What kind of industry or service currently unavailable or underdeveloped in the country would meet local needs?

On the other hand, what are the most common business types foreign entrepreneurs would be eager to launch in the country but with very little chance of success?

Thank you for your insights.
Priscilla

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vincenth Member

Member since 09 April 2010

vincenthMember31 October 2016 16:23:22

Cyprus' natural endowments are its weather and low crime rate, and decent common law judicial system.
It is a place for services that do not require importing or exporting anything and do not require low labour costs. Hospitality, offshore services ...

Radan New member

Member since 05 December 2017

RadanNew member17 April 2021 12:20:16

Anything can work for your pocket in a country like Cyprus. However, it is totally your dedication, and real efforts to tranform your skill, idea or anything you would want to be shape in a business.

My own experinece tells gets me some best small business ideas and opportunities which could really work in Cyprus. My chosen listicle includes:
Fitness trainer
Real estate
Tutorial services
Web development
Driving schools, etc.

You can gain more information on the above businesses and others here.
[link moderated]