Film production and provision of incentives for foreign productions


Where
Cyprus
When
2020
Who
Ministry of education, culture, sports and youth / cultural services, ministry of finance / cipa (invest cyprus)
Website of the policy/measure
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Description of the policy/measure

The cultural services of the ministry of education, culture sport and youth, continue to support the cinematographic creation and further development of the cinema industry in cyprus through the "programme for the development of cinematographic works". the programme covers all film length categories and all stages of the creation and the production chain, such as screenwriting, development and the production of small, medium and feature films, from all categories, such as fiction, animation and documentary. the programme also grants the promotion of these films and their participation in film festivals all over the globe and their local distribution in cyprus cinema theatres. in an effort to further strengthen and initiate coproductions between cyprus and european coproductions, the cultural services have added in 2017 a new sup-program in the "programme for the development of cinematographic works", entitled: the "minor coproduction scheme", that gives the opportunity to cypriot producers to join a non-cyprus initiated projects in a european or international coproductions. furthermore, since 2019, the government of the republic of cyprus introduced a package of incentives encouraging international producers to choose cyprus as their next film destination. eligible production categories include, amongst others, feature films (including animation), television series or mini-series, documentaries for theatrical or television release, animation (digital or analogue), television research programs and natural history.

Results achieved

During 2016-2018, a significant number of films (short, feature), fiction and documentaries have been produced, nominated as official selections in the competition programs of various international film festivals abroad. the feature film "smuggling hendrix" was awarded with the "best international narrative feature" in tribeca international film festival, in 2018. about 34 projects are expected to be completed from 2018-2024: 10 feature fiction films in development, 2 feature documentaries, 3 minor coproductions (feature /fictions), 7 script writing (3 high and 4 low budget films), 12 shorts. also, through the incentives program, 2 feature /fiction films have been awarded a cash rebate of 35%: "jiu-jitsu", starring nicolas cage and "s.o.s".

Financial resources allocated to the policy

$1 539 605 (for the programme for the development of cinematographic works)