The Cyprus Investment Promotion Agency (CIPA) seeks supplementary funding, as it sees Brexit as an excellent opportunity to attract foreign companies to Cyprus. Due to its extensive use of the English language, its EU membership and its favourable corporate tax, Cyprus Republic could constitute an exceptionally appealing alternative destination for investors. In fact, according to the recent 'Satisfaction Survey among foreign companies with a physical presence in Cyprus', the island is predominantly attractive for foreign investors, with its favorable tax regime, geographical location, air connectivity and quality of life topping their priorities, and a vast majority of the foreign investors stating that they are overpoweringly pleased with their overall experience in Cyprus.