Diaspora skeptical as Cyprus promises tax breaks to reverse brain drain

Cyprus’s initiative to lure back diaspora talent through tax breaks is drawing scepticism from returnees and raising concerns about inequality and infrastructure capacity, even as economists point to broader benefits beyond financial incentives, according to a BBC World Service Business Daily programme. The “Minds in Cyprus” programme offers 25% tax reductions and expanded exemptions for … Continue reading Diaspora skeptical as Cyprus promises tax breaks to reverse brain drain